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NOAA Report Says Feds’ Warnings About Sandy Were Confusing

Federal weather forecasts for Superstorm Sandy were exceptionally accurate last fall, but the warnings themselves were confusing, an internal review found. The gigantic October storm lost tropical characteristics hours before landfall in New Jersey, so the National Oceanic and Atmospheric …

House Lawmakers Shelve Louisiana Citizens Rate Review Bill

Lawmakers in the House have rejected a proposal seeking legislative review of large rate hikes for customers of Louisiana’s property insurer of last resort. The House Insurance Committee scrapped the idea in a 9-4 vote against Senate Bill 19 by …

Missouri Bill Would Create Workers’ Comp Database

The Missouri Legislature has voted to create an online database allowing businesses to check whether job applicants have a history of filing workers’ compensation claims. The House gave the bill final approval on a 91-67 vote. It now heads to …

Cause of Texas Fertilizer Fire ‘Undetermined,’ Authorities Say

The cause of the fire that triggered the explosions in a fertilizer plant in Texas last month has been deemed “undetermined,” investigators say. Texas State Fire Marshall Chris Connealy said the scene investigation into what caused the fire in the …

Demolition Begins on N.J. Coaster Wrecked by Sandy

Riding the Jet Star roller coaster as a girl vacationing at the Jersey shore, Nicole Jones said there was always that one breath-catching moment when the passenger cars swerved toward the ocean, as if threatening to dump riders into the …

Workers’ Comp Sees Encouraging Signs in 2012 Results: NCCI

The workers’ compensation market is seeing encouraging signs. Premiums grew for the second consecutive year, the combined ratio declined and claim frequency continued to improve at a pace slightly greater than its long-term historic rate of decline. In 2012, the …

A.M. Best Revises Outlook to Negative for Grange Mutual Fire Insurance Co.

A.M. Best Co. said it has revised the outlook to “negative” from “stable” and affirmed the financial strength rating of B+ (Good) and issuer credit rating of “bbb-” of Grange Mutual Fire Insurance Company(Troy, Penn.). A.M. Best said the revised …

N.Y. Regulator Issues ‘Cease and Desist’ Order to Car-Sharing Firm RelayRides

New York’s top financial and insurance regulator on Wednesday ordered the peer-to-peer car-sharing service firm RelayRides to cease and desist what the regulators called the company’s “repeated false advertising and violations of insurance law, which are putting the public at …

Ryan Specialty Group Promotes Mesina to EVP, Human Resources

Michelle Mesina has been appointed executive vice president of human resources at Chicago-based Ryan Specialty Group LLC (RSG). Mesina has more than 15 years’ experience in the area of human resources, and is an accomplished and seasoned leader in this …

A.I.M. Mutual in Massachusetts Names New President

A.I.M. Mutual Insurance Companies has promoted Mike Standing to be the company’s new president, effective June 1.Standing joined A.I.M Mutual as vice president in August 2012, with a focus on market and product development as well as broad-based project management. …

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