Yearly Archives: <span>2017</span>

Local Governments in Wisconsin Sue Opioid Drug Makers

Nearly two dozen Wisconsin counties say in a federal lawsuit that “nefarious and deceptive” marketing campaigns from pharmaceutical companies are responsible for the nation’s opioid overdose epidemic. The lawsuit filed Nov. 7 says local governments’ health and law enforcement services …

Alliant Employee Benefits Adds Dale as First VP in Dallas Office

Alliant Employee Benefits, a division of Newport Beach, Calif.-based Alliant Insurance Services, has tapped Dallas-based Alan Dale to add additional strength to its life and disability practice. As first vice president, Dale will play a lead consulting role within the …

ISMIE Expanding Medical Professional Liability Insurance Offerings in Wisconsin

ISMIE Mutual Insurance Co. and ISMIE Indemnity plan to expand their medical professional liability coverage for health professionals, groups and health care facilities in Wisconsin. With a recently updated state rate filing, Wisconsin health professionals, groups and facilities will have …

Hurricane Harvey Caused More than $200M in Crop, Livestock Losses in Texas

Hurricane Harvey caused more than $200 million in crop and livestock losses, according to Texas A&M AgriLife Extension Service. Hurricane losses by agricultural commodity include: livestock – $93 million; cotton – $100 million; rice and soybeans – $8 million. Livestock …

Hannover Re Sells Entire Stock Portfolio to Pay for Catastrophe Claims

For Hannover Re, the world’s third-biggest reinsurer, it’s time to take profits in the stock market. The German company said on Wednesday that it sold its entire stock portfolio, worth about 953 million euros ($1.1 billion), to help pay for …

Vault E&S Approved as Surplus Lines Insurer in Arkansas

A new Arkansas-based surplus lines insurer has been approved to do business in the state, according to the Arkansas Insurance Department. Vault E&S Insurance Company has been granted authority to sell property, casualty (excluding workers’ compensation), and marine insurance products …

MJ Insurance Appoints New Director of Personal Lines Business Development

Indianapolis-based MJ Insurance has appointed Chris Novotney director of business development in the Personal Insurance department. Novotney will be responsible for developing strategic sales and marketing initiatives in the newly-created role at MJ Insurance. Bringing more than 10 years of …

It’s Time to Rethink Wall Between Banking, Other Businesses: U.S. Comptroller

U.S. regulations that bar companies such as Wal-Mart Stores Inc. from providing banking services need to be reviewed as they reduce competition thereby concentrating more risk among a smaller number of banks, a U.S. banking regulator said on Wednesday. At …

Wrong Walgreens Prescription Led New Mexico Man’s to Suicide Attempt, Suit States

A northern New Mexico man is suing Walgreens over claims a pharmacist erroneously filled a prescription for him, and that anti-anxiety drug led to a suicide attempt. The Santa Fe New Mexican reported an attorney for Anthony Gonzales filed a …

Female Engineer Awarded $251K in Washington Discrimination Suit

A jury has awarded a female Vancouver, Wash. engineer $251,100 for her lawsuit against the Clark County Community Development Department. The Columbian reports that the jury ruled staff at the department defamed and discriminated against Anne Anderson, principal engineer of …