Daily Archives: <span>August 27, 2014</span>

Lockton Appoints Keith to Lead Philadelphia Operation

Privately-held insurance broker Lockton appointed Chris Keith as president of its Philadelphia operation. Keith will lead the broker’s Philadelphia team, focusing on business development and strategic client service for their property/casualty insurance and employee benefits clients.

CIG in West Names Chatterton President and CEO

Capital Insurance Group, a regional property/casualty insurer serving the Western U.S., has named L. Arnold Chatterton as president and CEO. The decision by the board of directors and the appointment follows Peter Cazzolla’s announcement that he would be retiring his …

Texas Considers Tougher Rules on Disoposal Wells

As scientists investigate whether injection wells where the booming oil and gas industry disposes of wastewater cause earthquakes, the Texas agency that oversees oil and gas is proposing a regulatory overhaul. The Texas Railroad Commission is proposing new rules that …

20 Hurt in Accident Involving Private School Bus in Houston

Nearly two-dozen passengers of a school bus were hurt when the bus veered off a Houston road and struck a tree. Houston fire officials say the 20 people taken to hospitals for treatment appeared to suffer minor injuries. There were …

MAPFRE Enters Life Insurance Market in Massachusetts

MAPFRE U.S.A. said it has begun selling a term life insurance product in Massachusetts, where MAPFRE’s affiliate Commerce Insurance Company is the largest auto and home insurance carrier. MAPFRE said it is seeking to leverage its dominant position in the …

State Says Old Mines to Blame for Sagging SE Ohio Highway

State transportation officials believe a section of a main highway in southeast Ohio is sagging because of abandoned coal mine space beneath the road, and they are trying to pinpoint the problem areas that might need to be filled. Officials …

Hundreds Of Oahu Properties At Flood Risk, Feds Say

New maps from the Federal Emergency Management Agency have reclassified hundreds of Oahu properties and placed them in a high-risk flood zone. Mortgage lenders will likely require property owners to buy flood insurance if they find themselves in the zone. …

Cleanup from Napa Quake shouldn’t deter tourists, Businesses Say

Napa, Calif. business owners mopped up high-end vintages that spilled from barrels and bottles and swept away broken glass in the rush to get the tourist hotspot back in shape for the summer’s final holiday weekend after an earthquake that …

Illinois Rideshare Bills Vetoed; Insurance Groups Urge Override

Illinois Gov. Pat Quinn has vetoed legislation that would have imposed statewide regulations on commercial ridesharing companies, also known as transportation network companies (TNCs). Quinn said he vetoed House Bill 4075, also known as the “Uber bill,” because it would …

South Carolina’s Companion P&C to Be Acquired by Enstar Group

Enstar Group Limited in Bermuda said Tuesday it has entered into a definitive agreement to acquire Companion Property and Casualty Insurance Company from Blue Cross and Blue Shield of South Carolina. The total consideration for the transaction will be $218 …