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12, 2015
Florida’s Normandy Insurance Hires Primato as Senior Field Underwriter
Normandy Insurance has hired Frank Primato has been hired as senior field underwriter. In his new position, Primato will develop and service the agency distribution network in Central Florida. Primato has more than 14 years of experience, with an emphasis …
10
12, 2015
Louisiana Shipyard Settles ‘False Claims’ suit for $8.5M
A Louisiana ship-building company will pay $8.5 million to settle a 2011 lawsuit arising from modifications made to ships for the Coast Guard, the U.S. Justice Department said. The lawsuit alleged that Bollinger Shipyards of Lockport made false statements about …
10
12, 2015
Arch Capital’s Investment Analyst Whitney to Review Private-Equity, Hedge Funds
Meredith Whitney, the former banking analyst hired by Arch Capital Group Ltd. to help oversee the insurer’s stock portfolio, will also work with the company’s investment team to review possible alternative investments, which can include hedge funds and private equity. …
10
12, 2015
Report: Louisiana’s Anti-Smoking Initiatives Lacking
A new report finds Louisiana is doing a poor job of funding tobacco cessation and prevention programs. According to a national report issued by a coalition of public health organizations, found that tobacco companies spend $32 promoting use of their …
10
12, 2015
Kentucky Mining Company Fined for Clean Water Act Violations
Kentucky’s Energy and Environment Cabinet has agreed to levy a stiff fine against a coal mining company that acknowledged thousands of Clean Water Act violations, effectively barring the company from operating in Kentucky in the future. Frasure Creek Mining and …
10
12, 2015
Colorado Official: Nebraska Needs to Address Drugged Driving
A Colorado highway safety official says Nebraska should not wait for marijuana to become before acting to keep drugged drivers off the roads. The Lincoln Journal Star reports Glenn Davis, highway safety manager for the Colorado Department of Transportation, and …
10
12, 2015
AIG CEO Hancock Shakes Up Executive Team; Herzog, Doyle Out
American International Group Inc. today unveiled a new executive leadership team reporting to CEO Peter Hancock, which Hancock says will ensure “strong end-to-end accountability within the customer segments” and transform AIG into a “more efficient, less complex organization with accelerated …
11
12, 2015
Florida Approves Removal of Up to 75,115 Policies from Citizens
The Florida Office of Insurance Regulation (OIR) has approved the removal of up to 72,534 personal residential policies and 2,581 commercial residential polices from Citizens Property Insurance Corporation. The following three companies have been approved to participate: Avatar Property & …
10
12, 2015
Kobza Joins Columbia Insurance Group in Omaha
Columbia Insurance Group (Columbia), based in Columbia, Mo., has added Aaron Kobza, as branch underwriting manager in its Omaha, Neb., office. Kobza is a seasoned insurance professional with 13 years of experience, specifically in leadership positions within commercial underwriting and …
11
12, 2015
Report: Southeast States Unprepared for Future Risks from Climate Change
Many states across the country, particularly in the Southeast, are unprepared to face the risks posed from extreme heat, drought, wildfires, inland flooding, coastal flooding and other extreme weather events, according to a new report card from the States at …