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Judge: Michigan City not Liable for Post-Flood Decline in Property Values

A judge has ruled that Traverse City isn’t responsible for declines in property values that could be linked to officials’ decision to remove a northern Michigan dam. The Traverse City Record-Eagle reports Circuit Court Judge Philip Rodgers effectively dismissed parts …

Assurant Names Colberg as President, CEO

Specialty insurance provider Assurant Inc. has named Alan B. Colberg, as president, effective immediately, and as chief executive officer and director of the company’s board, effective Jan. 1, 2015. He succeeds Robert B. Pollock who announced his plan to retire …

AssuredPartners Promotes Berman to Southeast VP Post

Lake Mary, Florida-based AssuredPartners Inc. has promoted Louis Berman to the new role of regional vice president. In his new position, Berman will focus on strategic growth and development opportunities and operational oversight for AssuredPartners platform companies Assured Neace Lukens …

U.S. Grant to Help Tennessee Reduce Worker Misclassification

Tennessee has received a $499,000 federal grant for efforts to stop worker misclassification. According to the U.S. Department of Labor, the money will help Tennessee’s unemployment insurance tax programs identify instances where employees are misclassified as independent contracts. The money …

University of North Texas Scholarship Program to Honor McLendon

A scholarship program for students majoring in risk management, insurance, or financial services at the University of North Texas has been established in honor of Maureen C. McLendon. McLendon, a Dallas-area insurance professional who passionately supported insurance education, passed away …

North Carolina Touts Strong First Year with Captives

 In less than a year since its captive-enabling legislation went into effect, North Carolina says it is making progress towards its goal of becoming a leading captive domicile. To date, the North Carolina Department of Insurance said it has licensed …

Roach Howard Smith & Barton Adds Tucker in Fort Worth

Brian Tucker joined independent insurance agency, Roach Howard Smith & Barton, as an assistant vice president in its Fort Worth, Texas, office. As a commercial property and casualty insurance sales executive, Tucker is a fourth generation producer for the agency. …

Texas-Based CAA Welcomes New Agency Member in Kansas

Combined Agents of America LLC (CAA), based in Austin, Texas, added Strong’s Insurance Inc. in Nashville, Kan., as its 52nd member. Specializing in agriculture and oil, the agency was established in 1921 by Earl W. Strong. CAA is a privately-held …

Sedgwick to Acquire VeriClaim, Other T&H Units

Sedgwick Claims Management Services Inc. has agreed to acquire T&H Global Holdings, LLC and its subsidiaries that provide insurance claims services to insurance carriers, insurance brokers, corporations and public entities. The deal includes T&H subsidiaries VeriClaim Inc., VRS VeriClaim U.K. …

Update: Syncora, Detroit Settle; Judge Pauses Bankruptcy Trial Again

U.S. Bankruptcy Judge Steven Rhodes ordered a week-long break in Detroit’s bankruptcy trial on Sept. 16, giving the last major objector to the city’s restructuring plan time to rework its case. The hearing will be adjourned from Friday and reconvene …

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