Monthly Archives: <span>March 2016</span>

Federal Disaster Declared in 3 Mississippi Counties After Floods

President Barack Obama has declared a disaster in three Mississippi counties following flooding this month. Residents in the Bolivar, Coahoma and Washington counties can apply for individual assistance, including grants for temporary housing and repairs worth up to $33,000, as …

Miner Killed in Eastern Kentucky Mining Accident

State officials say an eastern Kentucky coal miner has died in an accident at a Harlan County mine. A statement from the Energy and Environment Cabinet says 48-year-old Mark Frazier of Line Fork died Friday after being hit by falling …

Swiss Re Corporate Solutions Adds Southern California Aviation Team

Swiss Re Corporate Solutions has established a regional aviation insurance team that operates out of the Santa Ana, Calif. office. Swiss Re Corporate Solutions offers a range of aviation insurance products, from physical aircraft damage insurance to liability coverages for …

Arkansas Orders Florida Health Plan to Stop Selling in State

Insurance Commissioner Allen Kerr has issued a cease and desist order against Health Plan Intermediaries Holdings LLC., dba Health Insurance Innovations (HII), a Tampa, Florida-based company, alleging the company has used fraudulent and dishonest practices in attempting to sell short-term …

U.S. Seismic Risk Maps Now Include Earthquakes Caused by Humans

Earthquakes caused by human activity will now be included in the U.S. Geological Survey’s seismic risk maps, the agency said on Monday after a sharp rise in temblors linked to wastewater disposal wells used by the oil and gas industry …

Uber Launches Service in Montpelier, Vermont

The ride-hailing service Uber is now operating in Montpelier, Vermont. The San Francisco-based company says riders requesting a car in Montpelier can be dropped off at points outside the city, including in Barre, Hyde Park, Waitsfield and Charlotte. Mayor John …

Pioneer Bank to Acquire Anchor Agency in New York

Pioneer Bank, based in Troy, New York, announced that it will acquire Anchor Agency Inc., an independent insurance agency in Albany, New York. Terms of the transaction were not disclosed. Established in 1960, Anchor Agency provides personal insurance, commercial insurance, …

ISO Introduces Drone Coverage Options for Commercial Inland Marine Market

ISO has launched inland marine insurance forms for businesses using commercial drones to protect them from the costs potential crashes, including damage to the drones, their equipment, and their cargo. The new ISO forms offer underwriting tools to address commercial …

China’s Anbang Insurance Ups Offer for Starwood Hotels to $14B

China’s Anbang Insurance Group Co. has raised its offer for Starwood Hotels & Resorts Worldwide Inc. to almost $14 billion in its latest challenge to the U.S. hotel operator’s merger with Marriott International Inc. The bidding war for Starwood has …

FEMA to Louisiana Flood Victims: Don’t Wait to Begin Repairs

The Federal Emergency Management Agency is urging Louisiana residents whose homes were damaged during recent floods not to wait for a FEMA inspector before beginning to clean up and conduct repairs. FEMA spokeswoman Deanna Frazier said in a news release …