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8 12, 2015

Insurance Swindler Sent to Prison for Violating Release Terms in Conn.

By | December 8th, 2015|Recent Articles|Comments Off on Insurance Swindler Sent to Prison for Violating Release Terms in Conn.

Insurance swindler and former international fugitive Martin Frankel has been sentenced to six months in prison for violating the terms of his release. Prosecutors say a federal judge in New Haven, Connecticut, sentenced the 61-year-old convict on Dec. 3. Frankel …

8 12, 2015

Boston Chipotle Shuts Down After Scores of BC Students Get Sick

By | December 8th, 2015|Recent Articles|Comments Off on Boston Chipotle Shuts Down After Scores of BC Students Get Sick

Chipotle Mexican Grill Inc., reeling from an E. coli outbreak that has sickened dozens of customers, closed a restaurant in Boston following complaints of “gastrointestinal symptoms” from scores of Boston College students, including members of the men’s basketball team. “Our …

8 12, 2015

United Fire Group Appoints Frese Chief Technology Officer

By | December 8th, 2015|Recent Articles|Comments Off on United Fire Group Appoints Frese Chief Technology Officer

Cedar Rapids, Iowa-based property/casualty insurer, United Fire Group Inc. (UFG), has appointed Brian Frese as chief technology officer. He brings more than 17 years of experience to UFG, including operational leadership and new technology implementation in the financial services industry. Frese …

8 12, 2015

Some Minot Officials Want Rewrite of Flood Regulations

By | December 8th, 2015|Recent Articles|Comments Off on Some Minot Officials Want Rewrite of Flood Regulations

Some officials in Minot, N.D., are proposing that the city rewrites its flood-related regulations in an effort to ease any future hikes in flood insurance premiums for residents. The Minot Daily News reports the city’s Planning Commission is recommending the …

7 12, 2015

Karen Clark Adds US Earthquake Reference Model to Modeling Platform

By | December 7th, 2015|Recent Articles|Comments Off on Karen Clark Adds US Earthquake Reference Model to Modeling Platform

Karen Clark & Company (KCC) has released a new US earthquake Reference Model as part of the RiskInsight open loss modeling platform. The earthquake model is based on the latest 2014 US Geological Survey (USGS) report incorporating updated seismicity assumptions …

8 12, 2015

Survey: Prescription Drug Abuse Affecting Indiana Companies

By | December 8th, 2015|Recent Articles|Comments Off on Survey: Prescription Drug Abuse Affecting Indiana Companies

The majority of Indiana companies that responded to a survey tied to the state’s growing woes with prescription medication abuse say their businesses are being affected by workplace abuse or misuse of those drugs, according to findings released on Dec. …

4 12, 2015

Indiana High Court Allows Negligence Claim Against Agent

By | December 4th, 2015|Recent Articles|Comments Off on Indiana High Court Allows Negligence Claim Against Agent

Indiana’s high court has confirmed a lower court’s summary judgment favoring a property insurer that denied a homeowner’s claim after discovering that misleading information about the condition of the property had been submitted in the policy application. But in an …

8 12, 2015

Ohio’s Schauer Group Opens New Cleveland Office

By | December 8th, 2015|Recent Articles|Comments Off on Ohio’s Schauer Group Opens New Cleveland Office

Risk management and insurance services firm, Schauer Group Inc., based in Canton, Ohio, has opened a new office in the Cleveland area. The opening of the new Broadview Heights office strategically expands the company’s service footprint to accommodate growth in …

7 12, 2015

Uber Eyes Both Nevada and California Sides of Lake Tahoe Before 2016

By | December 7th, 2015|Recent Articles|Comments Off on Uber Eyes Both Nevada and California Sides of Lake Tahoe Before 2016

Uber plans to bring ridesharing to either side of Lake Tahoe before the end of the year. A recent agreement with Nevada allowed the company to launch simultaneously on the California and Nevada sides of Lake Tahoe, the Reno Gazette-Journal …

8 12, 2015

Insurers Braced for Claims Surge as 10-Year High Floods Hit India

By | December 8th, 2015|Recent Articles|Comments Off on Insurers Braced for Claims Surge as 10-Year High Floods Hit India

Insurers from Lombard General Insurance Co. to American International Group Inc. are bracing for a surge in Indian claims to a 10-year high after unprecedented floods last week ravaged Chennai, the city home to factories of Ford Motor Co. and …