June 26, 2018
Thousands of whiskey barrels crashed into a massive heap Friday when a large section of a decades-old storage warehouse collapsed at a distillery in the heart of Kentucky bourbon country. The damaged warehouse at the Barton 1792 Distillery in Bardstown …
June 26, 2018
The clock is ticking: The National Flood Insurance Program expires on July 31, 2018; so what happens next? It is well documented that the NFIP is broken and has been in disarray for a long time. The NFIP’s primary deficiency …
June 25, 2018
Alera Group has acquired Incline Village, Nev.-based Menath Insurance. Terms of the deal were not announced. Menath Insurance also has offices in Reno, and South Lake Tahoe, as well as in Susanville, Caif. Alera Group announced last week it acquired …
June 25, 2018
An estimated 230,000 gallons (870,619 liters) of crude oil spilled into floodwaters in the northwestern corner of Iowa following a train derailment, a railroad official said Saturday. BNSF spokesman Andy Williams said 14 of 32 oil tanker cars just south …
June 25, 2018
An inconsistent regulatory environment and a lack of awareness by residents of the potential flooding dangers in and around Houston were among the factors that contributed to the heavy damage inflicted by Hurricane Harvey, according to a report released on …
June 25, 2018
Thomas Insurance Advisors in Chesterfield, Missouri, has hired Travis Johnson as an insurance broker. Johnson will provide specialized insurance products and services to small and mid-sized businesses. He also will handle automobile and homeowners’ insurance options for both new and …
June 25, 2018
Global insurance broker, Marsh, is acquiring Houston-based Wortham Insurance. Terms of the transaction, which is expected to close in the third quarter of 2018, were not disclosed. Founded in 1915, Wortham has more than 530 colleagues based in its Austin, …
June 25, 2018
The Independent Insurance Agents of Texas (IIAT) honored IIAT Director Cindy Quy with its Drex Foreman Award during the group’s 121st Annual Conference and Trade Show in San Antonio on June 15. Named after Drex Foreman, who served as the …
June 25, 2018
Missouri’s General Assembly has passed, and the governor has signed, a bill that exempts some commercial insurance policies and endorsements from rate filing requirements. The summary of SB 594 on the legislative website states that it “exempts certain lines and …
June 25, 2018
Several African Americans are suing big-box stores and restaurants in Oregon, claiming employees at those places wrongly accused them of stealing because they were “shopping while black.” A Portland law firm has filed five lawsuits alleging racial profiling at businesses …