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Gas Leak Causes Oil Rig Blast in North Dakota, 4 Hurt
Authorities say four people were injured in an oil rig explosion in western North Dakota. State environmental scientist Bill Suess says it happened Saturday morning near Watford City at a well site operated by XTO Energy Inc. Suess says a …
IMS/London American Adds Davis as Underwriter in San Antonio
Houston-based managing general agent (MGA), IMS/London American, has hired Faith Davis as a commercial underwriter in its San Antonio office. Davis has more than 25 years of experience in the insurance marketplace. Most recently she was the commercial underwriting manager …
Zielke Named Senior VP, General Counsel at Michigan’s AF Group
Lansing, Mich.-based insurance holding company, AF Group, has appointed Kevin Zielke as senior vice president and general counsel. Prior to joining AF Group, Zielke was a member of the litigation department in the Detroit office of Dykema Gossett. Founded in 1912, AF Group is …
Texas Insurers Hope Court Decisions Will Curtail Hail-Related Lawsuits
Following a severe hailstorm in south Texas in 2012, insurers were beset with homeowner property lawsuits — sometimes after claims were paid and repairs were completed — even though data from the Texas Department of Insurance show few complaints were …
Souissi Joins Alliant Brokerage Team in Bay Area
Alliant Insurance Services Inc., headquartered in Newport Beach, Calif., announced that veteran underwriter, Amy Souissi, has joined the company as vice president. She is based in the San Francisco Bay area, and will serve a diverse portfolio of real estate and …
Lawsuit Alleges Baylor Fostered ‘Hunting Ground’ for Sexual Assault
A federal lawsuit filed against Waco, Texas-based Baylor University accuses the nation’s largest Baptist school of creating a “hunting ground for sexual predators.” The lawsuit, brought by a former Baylor student, is the third in recent months to claim the …
Trial Begins over 2012 Fire, Explosion that Killed 3 Off Louisiana Coast
Jury selection began on June 20 for what’s expected to be a lengthy and complex trial arising from lawsuits over an offshore oil platform explosion and fire that killed three workers off Louisiana’s coast in November 2012. The case combines nine …
Craze for Asian Bancassurance Deals Fits Definition of Insanity: Opinion
Among all financial products, bancassurance perhaps comes closest to fitting Einstein’s theory of insanity: Insurers have been conducting the same sorry experiment again and again, expecting different results. Right now, it’s Asia’s turn to be gripped by madness as firms …
Talking Cadillac Tries to Be Heard Over Silicon Valley on Airwaves
General Motors Co. is rolling out a sedan laden with gadgets that track other cars on the road and can automatically brake to avoid collisions, fulfilling a safety vision decades in the making. Yet the 2017 Cadillac CTS arrives to …
Orlando Victims Watching Sandy Hook Gun Manufacturer Liability Case Opening Today
A case in Connecticut state court could help victims from mass shootings — including the recent massacre in Orlando — sue manufacturers of military style assault rifles used in the attacks, despite state and federal laws granting them immunity. On …