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

Wisconsin’s Robertson Ryan Adds Maloney, Flath and Swinton

Wisconsin-based independent insurance agency, Robertson Ryan & Associates (RRA), announced it has hired Garrett Maloney, Robert Flath and Brittany Swinton. Maloney joined RRA as a vice president and is based in the Waukesha office. He is an insurance agent for …

Iowa Insurance Division: Assessments for Second Injury Fund Total $8M

The Iowa Insurance Division reported that insurers and self-insured employers in the state are being assessed $8 million to in order to pump up the coffers of the state’s Second Injury Fund. The IID said sufficient funds are not available …

Ohio Restaurant, Management Firm to Pay $1.4M to Settle Sexual Harassment Suit

The owner/operator and management company for a Columbus Texas Roadhouse restaurant will pay $1.4 million and furnish significant equitable relief to settle a class sexual harassment suit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. …

S&P: Impact of August Floods on Credit for Affected Louisiana Parishes Will Differ

The 22 Louisiana parishes that were impacted by record flooding in August will experience varying degrees of economic and financial stress, according to S&P Global Ratings. This is because local governments all have different credit strengths and weaknesses, and the …

Kansas Insurance Commissioner Announces Don’t Text #Just Drive Campaign

Kansas has launched a campaign against texting while driving that includes a contest for university fans. The Kansas Department of Insurance Commissioner Ken Selzer announced the campaign. The campaign’s message, Don’t Text #Just Drive, is being promoted through a contest. …

What Climate Change Has to Do with Earthquakes, Volcanoes and Tsunamis

Climate change will cause more earthquakes. It’s as simple as that. Deniers, start your engines. If that isn’t enough to enflame the smoldering embers of discourse within those ready to pounce on any and all climate change notions they deem …

Michigan Educator Is InVEST Program’s Teacher of the Year

Monique Colizzi, who taught InVEST insurance courses at Charlotte High School (CHS) in Charlotte, Michigan, has been honored with the 2016 InVEST Teacher of the Year Award. The InVEST program, which is affiliated with the Independent Insurance Agents and Brokers …

National Flood Insurance Program Buys Private Reinsurance, Plans More in 2017

The federal government has contracted with private reinsurers to improve the National Flood Insurance Program’s claims paying ability and reduce the need for the NFIP to borrow from the U.S. Treasury to cover future claims. The Federal Emergency Management Agency …

Arkansas Judge: Investors Can Sue Wal-Mart as Group Over Mexico Bribe Claim

An Arkansas judge has ruled Wal-Mart Stores Inc. investors may bring fraud claims against the retailer as a group, clearing a hurdle in a lawsuit over bribes it allegedly paid to help open new stores in Mexico. The ruling will …

JenCap Holdings Acquires Missouri-Based M.J. Kelly Co.

New York-based JenCap Holdings LLC has acquired privately held M. J. Kelly Co. (MJK), a managing general agency and wholesale insurance brokerage based in Springfield, Missouri, with offices in nine states throughout the Midwest and Southeast. Since 1986, MJK has …