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

Bill Allows Concealed Handguns on Texas College Campus

Texas lawmakers passed a bill allowing faculty and students to carry concealed handguns inside classrooms on public college campuses. The legislation, approved over opposition from university officials, prevents schools from establishing their own rules banning guns, though under a last-minute …

Damage Assessments Begin as Texas Flooding Recedes

Thousands of Texans are in the process of repairing vehicles and cleaning homes of flood water and debris after massive rainstorms inundated many parts of the state. Insurance adjusters are meeting with homeowners to assess the damage to both the …

NOAA Predicts Quiet-ish Atlantic Hurricane Season

The U.S. Climate Prediction Center says the 2015 Atlantic hurricane season will likely be below-normal. But that’s no reason to believe coastal areas will have it easy, say the weather experts at the center, which is part of the National …

J.M. Wilson Adds Farr as P/C Underwriter in Missouri

Insurance wholesaler J.M. Wilson added Andrea Farr in its Kansas City, Mo., office, as a property/casualty underwriter. Farr will serve independent insurance agents in Missouri, Kansas, Oklahoma, Arkansas, Mississippi and Alabama. Prior to joining J.M. Wilson, Farr was an underwriting …

Connecticut Insurance Department Licenses New Captive Insurer

Connecticut Insurance Commissioner Katharine L. Wade announced that a corporation specializing in consultation and financial management for reinsurance companies is expanding its footprint in Connecticut. The Connecticut Insurance Department said New Jersey-based SOBC Corporation is establishing a sponsored captive insurance …

Small Businesses Bypassing Minnesota Health Insurance Exchange

Minnesota’s health insurance exchange is having a big problem with attracting small businesses. MNsure was originally expected to cover 155,000 people in small-group plans by next year. Enrollment was only 1,405 earlier this month, the Star Tribune reported. Insurance agents …

California Sandwich Maker Recalls 213,000 Pounds of Meat

Fast-food restaurant Lee’s Sandwiches has recalled 213,000 pounds of meat because it bore unauthorized United States Department of Agriculture marks of inspection, despite having not been inspected properly. The Orange County Register reported that chicken, beef and pork products were …

Former New Mexico Teacher Files Suit Over Her 2012 Firing

A former Rio Rancho, N.M. teacher says in a lawsuit that she was fired as a result of her involvement with a union and her outspoken criticism of school district officials. The Albuquerque Journal reported that school officials countered that …

Wyoming Couple Sues Vapor Cigarette Dealer Over Injuries

A Casper, Wyo. couple is suing a local vapor cigarette company, saying the battery in one of the devices exploded and caused injuries. The lawsuit filed by Joshua and Allison Seel says Joshua suffered burns to his leg and genitals …

Wall Street Doesn’t Like Obama Plan on Retirement Brokers’ Fiduciary Duty

The head of Wall Street’s self-regulator criticized the Obama administration’s effort to impose stricter standards on brokers who manage retirement accounts, saying the rule would make it difficult for smaller investors to get advice. In a speech Wednesday, Financial Industry …