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

Texas Surplus Lines Association Elects New Officers

The Texas Surplus Lines Association Inc. announced the election of new officers and directors at its annual meeting in Austin on Nov. 11. Lorrie Cheshier, vice president/branch manager at McClelland & Hine Inc. in San Antonio, is the new president …

USI Insurance Appoints Senior VP in New York Metro Office

USI Insurance Services appointed Raymond Bascio as senior vice president. He is based in USI’s New York metropolitan office. Bascio brings nearly 30 years of experience in employee benefits, sales, marketing and insurance account management. Formerly a sales director at …

Expenses for Penn State Scandal Near $52M

Penn State’s costs related to the Jerry Sandusky child sex-abuse scandal are nearing $52 million. A university website shows the school has racked up just under $51.8 million in expenses as of Aug. 31. That’s up $1.3 million from the …

D.C. Mayor Signs Immigrant Driver’s License Bill

Starting next year, people living in the nation’s capital who don’t have legal permission to reside in the United States will be able to get driver’s licenses. Democratic Mayor Vincent Gray signed a bill on Monday that would allow the …

Connecticut Regulator Revokes License of Broker Mired in Insurance Controversy

Connecticut’s insurance department last week revoked the insurance licenses of Earl O’Garro Jr. and his insurance brokerage firm, Hybrid Insurance Group. O’Garro has been mired in an ongoing insurance controversy in Hartford, Conn., that includes allegations of failing to send …

Iowa Court: Immigrant Worker on Expired Visa Gets Workers’ Comp

The Iowa Supreme Court has ruled that a West Liberty woman, an immigrant from Mexico who stayed in the United States after her visa had expired, is entitled to receive workers’ compensation benefits for a work-related injury. The case involves …

Ironshore Australia Launches Marine Unit to Cover Fine Art, Specie, Cargo Classes

Ironshore Australia has entered the fine art, specie and cargo insurance sectors in Australia through the creation of a new marine unit. Ironshore’s team will focus on underwriting a range of both static and transit fine art risks for Australian-based …

Burand’s Agency E&O Blog: Tip #49

Date Stamping. Could any E&O blog address a simpler subject than date stamping? Maybe not, but date stamping correctly to mitigate E&O exposures is something too few agencies practice. Most agencies I visit have a practice of opening all incoming …

Forecasters: Illinois Twister Had Winds of Up to 190 mph

National Weather Service said a tornado that struck the central Illinois community of Washington had winds between 170 and 190 miles per hour. The meteorologists said that the storm had a preliminary rating of an EF-4. The Tazewell County storm …

Northern California Man Sent To Prison After 8th DUI

A Northern California man has been sentenced to five years in prison following his eighth conviction for driving under the influence. The Santa Rosa Press Democrat reported 34-year-old Barton Riley Shafer will also be unable to get a driver’s license …