Yearly Archives: <span>2017</span>

Tackling Houston’s Flood-Damaged Cars Takes an Army of Tow Trucks

How do you remove hundreds of thousands of damaged cars from a massive city still mired in water and muck? Tow-truck driver Alex Toll will tell you: one vehicle at a time. Toll is part of an army of more …

Arthur J. Gallagher & Co. Acquires Nebraska’s Lincoln Financial Management

Arthur J. Gallagher & Co. has acquired Nebraska-based Lincoln Financial Management LLC. Terms of the transaction were not disclosed. Founded in 1993 by Stephen Letts and later acquired by Cyrus Kiani, Lincoln Financial Management is an employee benefits consultant and …

Ratings of Kansas Medical Mutual Insurance Downgraded by A.M. Best

A.M. Best has downgraded the Financial Strength Rating (FSR) to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a-” from “a” of Kansas Medical Mutual Insurance Co. (KaMMCO) in Topeka, Kan. The outlook of …

Chicago Settles with Man Shocked by Police Taser for $9.5M

Chicago aldermen have agreed to pay $9.5 million to a man who suffered catastrophic injuries when he struck his head on the pavement after being shocked by a police Taser. The settlement approved by the city council adds to the …

Texas Finalist Named 2017 National Outstanding CSR

Brianne Head, director of Client Services for Independent Insurance Group Inc., in Dallas, Texas, has received the 2017 National Outstanding CSR of the Year Award from the Society of Certified Insurance Service Representatives (CISR) and the Society of Certified Insurance …

Michigan Senate Leader: Any Mandated Car Insurance Rate Cut Is ‘Dead’

Any proposal to automatically cut premiums for Michigan drivers would be “dead” on arrival in the Republican-led Senate, Majority Leader Arlan Meekhof said, bringing into question lawmakers’ long-sought aim to enact major auto insurance changes. Meekhof, on the Legislature’s first …

New Texas Task Force Formed to Investigate Hurricane-Related Fraud

Federal prosecutors will lead a new Houston-based group created to help law enforcement agencies respond to an inevitable wave of fraud and other criminal activity set off by Harvey’s punishing rains. Authorities are warning residents, volunteers and officials in flood …

Now May Be the Time for Homeowners to Buy a Dam

Traveling from Louisiana, four 18-wheelers and more than a dozen workers rolled into the heart of Houston last Tuesday morning. The Cajun crew was there to unfurl and install a unique form of flood protection: three-foot high, seven-foot wide, 250-foot …

Life-Threatening Hurricane Irma Heads for Miami-Dade County

Hurricane Irma continued on a collision course with Miami after devastating a chain of Caribbean islands, triggering the largest evacuation in Miami-Dade County history and threatening to become the most expensive storm in U.S. history. The life-threatening storm is heading …

Equifax Breach Exposed Credit Data of 143 Million U.S. Consumers

Equifax Inc, a provider of consumer credit scores, said on Thursday that personal details of as many as 143 million U.S. consumers were accessed by hackers between mid-May and July, in what could be one of the largest data breaches …