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Oil, Gas Driller Settles for $73 M in Colorado Pollution Case

Major oil and gas driller Noble Energy has agreed to pay more than $73 million in a settlement with state and federal regulators over Colorado Front Range air-pollution violations. The Denver Post reported that the company’s tank batteries were emitting …

Report Shows Occupational Fatalities in California Rose in 2013

The number of Californians who died on the job rose slightly in 2013, according to a Department of Industrial Relations report. The uptick apparently corresponds to California’s higher employment rates and its broad-based economic recovery. A review of the past …

Schinnerer Taps AIG’s Kletzli to Lead Management Liability Practice in Maryland

Specialty underwriting manager Victor O. Schinnerer & Company hired Matthew Kletzli as senior vice president and Management Liability Practice leader. Kletzli will be based in the firm’s Chevy Chase, Maryland, headquarters and report to Chief Underwriting Officer John Wallace.

Tornado Damages Dozens of Homes in Ocala

Authorities say a tornado touched down in an area of north Florida where dozens of homes were damaged by wind and failing trees. The Ocala Star Banner reported that no one was injured but at least a half dozen homes …

Buckeye’s Haines Becomes AAIS Chairman; Motorists’ Kaufman Elected to Board

R. Douglas Haines, president and CEO of Buckeye Insurance Group, Piqua, Ohio, is the new chairman of the board of the American Association of Insurance Services (AAIS). Also, the group has elected David Kaufman, president and CEO of Motorists Insurance …

Karon Joins TigerRisk Partners as Vice Chairman

Reinsurance broker TigerRisk Partners has appointed industry veteran Paul Karon as vice chairman. In his new role, Karon will be a “senior leader, dealmaker, mentor and strategic advisor” to the Tiger leadership team, according to Rod Fox, CEO. Karon began …

House Passes Cyber Threat Sharing Bill

The U.S. House of Representatives passed a bill on Wednesday that would make it easier for private companies to share information about cybersecurity threats with each other and the government without fear of lawsuits. The vote was 307-116 in favor …

Big ‘I’ Recognizes Top Young Agent, States in Political Fundraising

The Independent Insurance Agents & Brokers of America (the Big “I”) this week presented awards to state affiliates and agents that have been the most effective raising money for the agents’ political action committee, InsurPac. This year’s winners of the …

Court Approves NFL’s Concussion Injury Settlement

The National Football League won final court approval of a $765 million settlement of ex-player head-injury claims, overriding criticism that the money still falls short and the deal terms are unfair. The decision ends almost two years of negotiations over …

ACE’s Greenberg Cautions on Pricing, Growth Pressures

ACE Ltd. Chief Executive Officer Evan Greenberg said there are signs the insurance industry is entering another era of taking on too much risk as competition pressures companies to lower prices to win business. “It’s not back to the late …

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