Monthly Archives: <span>January 2014</span>

Flood Insurance and the Phantom Real Estate Crash

To hear proponents tell the tale, the reason the U.S. Senate voted yesterday to gut reforms to the National Flood Insurance Program that it had approved overwhelmingly just 18 months earlier was to stem the effects of the most serious …

Presidential Disaster Declaration Issued for Vermont’s Snowstorms

President Barack Obama has issued a major disaster declaration to help Vermont recover expenses from December’s severe snowstorms. The declaration on Wednesday triggers the release of federal money to cover some of the emergency work and repairs to damage caused …

Appel Insurance Advisors Hires Newberg for Business Development in Mass.

Appel Insurance Advisors, a Newton, Mass.-based insurance brokerage, has hired veteran attorney Joseph H. Newberg as director of business development. Newberg recently retired as a tax partner at Weil, Gotshal & Manges LLP in Boston and was formerly a shareholder …

Labor Dept.: N.Y. Employers Reported 146K Workplace Injuries, Illnesses in 2012

The U.S. Labor Department says New York private industry employers reported about 146,000 nonfatal workplace injuries and illnesses in 2012. That translates to 2.5 cases per 100 full-time workers. The agency says New York was one of eight states to …

Selective Insurance Group Q4 Profit Jumps to $25M

Selective Insurance Group, based in Branchville, N.J., posted $25.3 million in net income for its 2013 fourth quarter, up from $1.3 million net income posted during the 2012 fourth quarter which included impacts of Superstorm Sandy. For the full year …

Washington Lawsuit Settled In 2010 Tesoro Refinery Blast

The attorney representing families of six workers killed in a 2010 explosion at Tesoro’s Anacortes oil refinery have settled a lawsuit against Tesoro and Shell Oil Co. Attorney David Beninger told KING-TV the wrongful death suit was settled last month …

Tulsa, Oklahoma, Settles Police Corruption Case for $425K

A federal lawsuit filed against the city of Tulsa by a man who was freed from prison following an investigation into police corruption has been settled for $425,000. Larry Wayne Barnes Sr. was convicted in April 2008 of two drug …

California Judge Reinstates Sheridan Suit

A judge in Los Angeles has reinstated a lawsuit by Nicollette Sheridan over her firing from “Desperate Housewives.” The ruling on Wednesday could lead to a new trial on her claim that she was improperly ousted from the show. City …

Mobile Compatible Insurance License Search Launched in Hawaii

Hawaii’s Department of Commerce and Consumer Affairs’ Insurance Division has launched a mobile device-compatible “Insurance Licensing Search.” The webpage is redesigned to be “mobile-first responsive” and accessible to with an Internet browser on their mobile device, according to the department. …

Super Bowl Madness: Insuring Kick-Offs, Touchdowns and More

When it comes to contests, promotions and prizes, the Super Bowl hasn’t always been kind to Dallas-based SCA Promotions. Over the past decade, the prize/promotion insurer has paid out more years than not on contests related to football’s greatest game. …