Monthly Archives: <span>November 2013</span>

Harleysville Insurance President/COO Michael Browne to Retire in May

Nationwide Mutual Insurance Co. announced that Michael Browne, president and chief operating officer of the Harleysville Insurance, a member of the Nationwide family of companies, will retire effective May 1, 2014. Following Browne’s retirement, Kevin Toth, who has been serving …

Tower Group Expects to Avoid NASDAQ Delisting

Tower Group International, Ltd. announced Wednesday that NASDAQ has notified the company that it is not in compliance with the exchange’s listing requirements. According to Tower’s press release, which was issued in accordance with NASDAQ Listing Rule 5810(b), the noncompliance …

Coast Guard Has No Duty to Undertake Rescue Efforts, Court Ruless

A federal appeals court on Wednesday rejected a North Carolina widow’s lawsuit blaming the Coast Guard for failing to save her husband’s life, saying the agency does not have a legal obligation to launch life-saving rescues. The 4th U.S. Circuit …

Scientists Say Asteroids Pose Serious Threat… But Don’t Panic

On Feb. 15, a 13,000-ton rock plunged through the skies above Chelyabinsk, Russia. It shone 30 times brighter than the sun, and hurtled at 42,000 miles per hour toward a city of more than a million people. As the rock …

Mississippi County Lifts Insurance Mandate for Santas

For this holiday season, DeSoto County school officials are waiving a requirement that Santa Claus have liability and workers’ compensation insurance coverage before he can pay a visit to area campuses. District officials tell The Commercial Appeal that volunteer Santas …

House, Senate Negotiators Fail to Reach Agreement on Crop Insurance Bill

House and Senate negotiators adjourned talks on a new agricultural bill until after a congressional recess, increasing the chances of a lapse in programs that could double the price of milk next year. “I’m disappointed we don’t have an agreement …

Colorado State Running Out of Money for Hurricane Forecasting

Colorado State University, which pioneered seasonal hurricane forecasting 30 years ago, may have issued its last prediction. The school’s Tropical Meteorological Project needs $150,000 or it will end in February, said Phil Klotzbach, lead author of the forecast. William Gray, …

National Building, Communications Standards Recommended for Tornado Safety

National standards should be set for building construction, storm shelters and emergency communications to reduce death and damage from tornados, a federal agency that studied the deadly 2011 tornado in Joplin, Missouri, recommended on Thursday. The National Institute of Standards …

Three Leavitt Group Agencies in Southern California Merge

The Leavitt Group announced a merger of three of their Southern California agencies. The merger will include the Covina office of Valley Insurance Service, employee benefits agency Leavitt Benefits Insurance Services of Southern California, and the Santa Ana office of …

In Connecticut, Number of Insurance Sector Employees Fell Slightly in 2012: Report

A report this month from Connecticut’s Insurance & Financial Services (IFS) Cluster and PwC shows there was a slight decline in the number of insurance sector employees in Connecticut last year, primarily due to job losses in office and administrative …