Emergency managers said at least 240 homes were damaged or destroyed by the tornadoes and strong storms that swept through Alabama. The Alabama Emergency Management Agency said damage has been reported in 31 of Alabama’s 67 counties. Three people died. …
The speed limit on Florida highways would increase from 70 to 75 mph under a bill the House narrowly passed, despite arguments that it would lead to more deaths. The measure passed on a 58-56 vote and now goes to …
York Risk Services Group Inc., the insurance claims services provider owned by private-equity firm ABRY Partners LLC, is exploring a sale that may value the business at more than $1.5 billion, people with knowledge of the matter. York Risk is …
People were plucked off rooftops or climbed into their attics to get away from fast-rising waters when nearly 2 feet of rain fell on the Florida Panhandle and Alabama coast in the span of about 24 hours, the latest bout …
Burns & Wilcox Brokerage has hired Joe Gajewski and Clay Kadlic for its newly opened Tampa, Florida, office. In his new role as vice president at Burns & Wilcox Brokerage, Gajewski will lead the new Tampa office and report to …
Insurers in Florida could not use credit information to deny a claim or cancel a policy under a bill now headed to the desk of Florida Gov. Rick Scott. The Florida House voted unanimously for a bill that would also …
ACE Group has launched ACE 2488 Global D&O, an enhanced global directors & officers (D&O) liability insurance proposition for multinational organizations. Adding Lloyd’s coverage through ACE Syndicate 2488 to its existing suite of D&O products enables ACE to provide protection …
Loggers spurred by the high price of walnut wood have been illegally cutting down trees on private property in southern Wisconsin, a sheriff said. Rock County Sheriff Robert Spoden told Wisconsin State Journal this week that landowners confronted loggers on …
In Texas, approximately five percent of all vehicle fires are intentionally set, which accounts for $3.5 million in vehicle fire losses, according the Texas State Fire Marshal’s Office. “Vehicle arson is not a victimless crime,” said Texas State Fire Marshal …
The town of Greenwich in Connecticut has reached a $2.4 million settlement with its insurance company to cover damage to municipal buildings and other property by Superstorm Sandy in October, 2012. The Greenwich Time reports the settlement with insurer AIG …
