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Colorado Wind Storm Deadly, But Not So Costly

A wind storm that recently tore through a Colorado city was deadly, but less costly than expected. The Jan. 9 wind storm caused downed trees and widespread power outages, but it didn’t make the list of Colorado Spring’s most costly …

Surprising Facts About Social Security and Medicare

While the era of “alternative facts” dawned in Washington last week, experts from across the ideological spectrum gathered in the capital for a review of real facts about our two most important retirement programs: Social Security and Medicare. The annual …

Hub International Acquires Assets of Employer Resource Group in California

Hub International Ltd. has acquired the assets of Employer Resource Group Financial & Insurance Services Inc. in Torrance, Calif. Terms of the deal were not disclosed. Tim Dickins, ERG founder and CEO, will join Hub California and report to Andrew …

US-Reports and Canadian Reports Merger Creates Colorado Risk Solutions Firm

H.W. Kaufman Financial Group has combined US-Reports and Canadian Reports, rebranding both companies under the name Afirm, which is based in Fort Collins, Colo. The merger will continue their global presence and allow a single source for loss control inspection, …

U.S. Keeps on Motoring, Sets Record of 3.2 Trillion Miles in 2016

Motorists drove a record 3.22 trillion miles (5.2 trillion km) on U.S. roads last year, a 2.8 percent rise from 2015 and the fifth consecutive year of year-over-year increases, according to the U.S. Department of Transportation. Motorists logged 263.6 billion …

Student Allowed Back at New Hampshire Prep School after Sex Case

A judge has allowed a student to return to a New Hampshire prep school, months after his mother alleged the school wrongfully expelled him after he had sex with another student. Both sides reached an agreement signed by a federal …

Starr’s Pittinger Joins ANV Global Services as Underwriting Director

ANV Global Services Inc., the North American managing general underwriter (MGU) owned by AmTrust Financial Services Inc., has appointed James Pittinger to the role of underwriting director. Responsible for the North American MGU business which focuses on management liability and …

AIG to Sell Vermont’s Stowe Mountain Ski Operations After Seven Decades

American International Group Inc., the insurer that’s been divesting assets to narrow its focus, agreed to sell ski operations at Vermont’s Stowe Mountain to Vail Resorts Inc. AIG will retain majority ownership of the base area, which includes a 312-room …

Willis Towers Watson Plans to Acquire French Aviation Broker, OAAGC

Willis Towers Watson has entered into exclusive negotiations with OAAGC, the French aviation brokerage, to acquire its team and book of business. Paris-based OAAGC (Office d’Assurances Aériennes G. de Cugnac) was founded in 1898 and its team of 16 is …

All Risks Acquires American Management Advisors in Pennsylvania

All Risks Ltd., an independent wholesaler based in Hunt Valley, Md., has announced the acquisition of American Management Advisors Inc. (AMA) located in Pennsylvania. Terms of the transaction were not disclosed. Following the acquisition, Janet Smith-Hogeland, President of American Management …

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