A.M. Best: Texas Hail Storm Damage Poised to Exceed 9-Year U.S. Average April 26, 2016 A.M. Best says year-to-date 2016 results in Texas alone appear to have already met the nine-year average for hail storm...
Ratings of State Automobile Mutual Insurance Co. and Subs Affirmed April 26, 2016 A.M. Best has affirmed the financial strength rating (FSR) of A- (Excellent) and the issuer credit ratings (ICR) of “a-”...
Worker Falls into Vat; World’s Largest Sauerkraut Cannery Fined $143.5K April 26, 2016 A Wisconsin food cannery faces $143,550 in federal penalties after a 35-year-old worker fell more than 17 feet into an...
Labrie Joins Hanover Stone Partners in Connecticut April 26, 2016 Hanover Stone Partners, a risk management services firm based in Jersey City, New Jersey, has hired Daniel Labrie as senior...
Michigan Manufacturer to Pay $187.5K to Settle EEOC Disability Discrimination Suit April 26, 2016 A paper and packaging manufacturer with a facility located in Battle Creek, Mich., will pay $187,500 to settle a disability...
Japan Aims to Beef up Nuke Safety Check Competency After Bad Review April 26, 2016 Japanese nuclear regulators said Monday they will revise laws, nearly double inspection staff and send some inspectors to the U.S....
Howard Promoted to Shareholder, Vice President at Gillis, Ellis & Baker April 26, 2016 New Orleans-based insurance and risk management firm, Gillis, Ellis & Baker (GEB), announced that Jeff Howard has been promoted to...
Reconstruction of Quake-Damaged Heritage Sites Begins in Nepal April 26, 2016 Nepal’s prime minister announced this week the start of reconstruction of key heritage sites in and around the capital that...
FEMA Grants Proof of Loss Extension to Louisiana NFIP Policyholders April 26, 2016 Louisiana Insurance Commissioner Jim Donelon announced that the Federal Emergency Management Agency (FEMA) has granted a 60-day extension on filing...
AIG, Hamilton, Two Sigma to Launch Small-Medium Business Insurance Joint Venture April 26, 2016 By Andrew G. Simpson American International Group, Bermuda-based Hamilton Insurance Group and affiliates of hedge fund firm Two Sigma Investments said they have agreed...