Monthly Archives: <span>January 2015</span>

Massachusetts Coastal Communities Hit Hard by Blizzard

Some of the areas hardest hit by the blizzard that tore through Massachusetts were on the coastline, where oceanfront homes took the brunt of raging seas. In Marshfield, Massachusetts, officials were still assessing the damage but said at least four …

Conn. Regulators Recovered $6.3M for Policyholders, Taxpayers in 2014

The Connecticut Insurance Department recovered approximately $6.3 million for policyholders and taxpayers in 2014, the state’s Deputy Insurance Commissioner Anne Melissa Dowling announced today. “Connecticut consumers rely on insurance to provide peace of mind for their homes, families and financial …

Lexington Product Recall Insurance Covers Celebrity Endorsement Risks

American International Group Inc.’s (AIG) Lexington Insurance has introduced Celebrity Product RecallResponse, a new insurance product designed to help customers respond to risks from a celebrity endorser’s public fall from grace, scandal or unexpected death. Celebrity Product RecallResponse covers certain …

Jardine Lloyd Thompson Announces Senior Employee Benefit Appointments

London-based Jardine Lloyd Thompson Group plc announced several senior management appointments within its UK Employee Benefits business and JLT Asia. These appointments are subject to obtaining the appropriate regulatory approvals, where required. Mark Woodis retiring from his role as the …

Top Vehicle Claims Trends from 2014

The top five states in which a person was most likely to file an auto claim last year were all on the East Coast. December had the lowest volume of all vehicle claims of any month. Those facts are just …

Pilots Disabled Critical Computers Just Before AirAsia Crash

The pilots of AirAsia Bhd. Flight 8501 cut power to a critical computer system that normally prevents planes from going out of control shortly before it plunged into the Java Sea, two people with knowledge of the investigation said. The …

Democrats File Bill to Create U.S. Food Safety Agency

U.S. lawmakers proposed a bill this week that would create a single food safety agency by bringing together the oversight functions of the Food and Drug Administration, U.S. Department of Agriculture and other agencies. Democratic Senator Richard Durbin from Illinois …

Children’s Toys Covered with Lead Paint Seized at Georgia Port

Department of Homeland Security officials say more than 1,300 toys that could have exposed children to lead were seized by U.S. Customs and Border Protection at the Port of Savannah, Ga. Federal officials said in a statement that 1,320 children’s …

Local Regulations Prompt Uber to Stop Service in Alabama City

The ridesharing service Uber has left Auburn, Ala. in its rearview mirror. The Opelika-Auburn News reported that the popular service that lets users book rides using a mobile app sent emails to drivers and customers last week announcing that it …

USI Targets Southeast for Growth with Newly-Acquired Georgia Offices

Following USI Insurance Services’ acquisition of two insurance brokerage offices in Savannah, Ga., from Wells Fargo Insurance and Willis North America, the USI Southeast region has announced it plans to aggressively grow this market through ongoing investment and future expansion. …