Yearly Archives: <span>2014</span>

FEMA Extends ‘Proof of Loss’ Deadline for Sandy Flood Insurance Claims

The Federal Emergency Management Agency (FEMA) issued a bulletin Monday announcing that it will grant an additional extension to Superstorm Sandy victims for the “proof of loss” filing deadline for their flood insurance claims. Under the National Flood Insurance Program …

State Farm Stuck on ‘Pause’ in Face of NBA Owner’s Ban

In the face of Los Angeles Clippers owner Donald Sterling’s banishment from the National Basketball Association on Tuesday State Farm Mutual Automobile Insurance reaffirmed its stance that it’s taking “pause” of its dealings with the team. State Farm, which counts …

Southern Oak to Assume Up to 10,000 Florida Citizens Policies

The Florida Office of Insurance Regulation has approved the removal of up to 10,000 multi-peril personal residential policies from Citizens Property Insurance Corp. to Southern Oak Insurance Co. This action is part of the state’s effort to reduce the number …

Analysis: No Rise in Car Crashes in N.J. Despite End of Safety Checks

New Jersey has not seen a rise in crashes caused by vehicle malfunctions since it stopped motor vehicle safety inspections in 2010. An analysis by The Record newspaper found vehicle malfunctions accounted for roughly 2 percent of all yearly accidents. …

Driving Privileges Revoked For Some Employees Of New Mexico

A new report out of New Mexico says nearly 200 state employees have had their state vehicle driving privileges revoked. The Santa Fe New Mexican reported the General Services Department says 191 state workers had their privileges suspended from July …

FM Global’s Callori Named Spencer Foundation Chairman

Spencer Educational Foundation’s board of directors has named Brion Callori, senior vice president, manager of engineering and research at FM Global, as its new chairman. Callori, who has served on the foundation’s board since 2008, succeeds Peggy Accordino, vice president, …

Patriot Underwriters Acquires Assets Of Holdren in Oregon

Patriot Underwriters Inc. has acquired the assets of Holdren Insurance Group Inc. in Bend, Ore. HIG, formed in 2010, focused on the workers’ compensation needs of the shooting sports industry. Patriot will build upon the assets of HIG and continue …

Court Revives Suit Over WWII Site Cleanup in California

A divided U.S. appeals court revived efforts by oil companies to force the federal government to reimburse them for the cost to clean up a Southern California site where they had dumped toxic sludge during World War II. By a …

Insurance Wholesale Broker Insential Appoints Mileski Senior VP in Illinois

Insential Inc., a full service property and casualty insurance wholesale brokerage, appointed Stephen Mileski as senior vice president in its program division in Illinois. He will be responsible for developing P/C program business, structuring insurance for hard-to-place risks and working …

Nielsen, Travelers Survey: Employers Unfamiliar with Risks Posed by ACA

Travelers has released a Nielsen Research survey that offers insight into U.S. employers’ familiarity with and preparedness for the implementation of the Patient Protection and Affordable Care Act (PPACA). The survey, which was sponsored by Travelers, found that many businesses …