Monthly Archives: <span>July 2019</span>

Fortuna General Acquires Appleby and Sterling in Southern California

Fortuna General Insurance Agency has acquired Simi Valley, Calif.-based Appleby and Sterling. Appleby and Sterling’s Mike Maurer and Sue Fodor will be joining Fortuna as production underwriters. Terms of the deal were not disclosed. Appleby and Sterling, founded by Walt …

Texas Windstorm Insurer: Rate Inadequacy Up Year Over Year

In advance of its Aug. 6 board meeting in Galveston, the insurer of last resort for wind and hail in counties along the Texas coast said it has determined its residential coverage rates are inadequate by 41.7 percent and its …

CSAA in California Names Jones Chief Human Resources Officer

Walnut Creek, Calif.-based CSAA Insurance Group has named Melissa Jones executive vice president and chief human resources officer. As a member of the company’s executive leadership team, Jones leads efforts in areas including corporate culture, communications, talent management and leadership …

AXA XL, Vindati to Offer Ocean Cargo Insurance Via Online Platform

AXA XL’s U.S. marine insurance business and Vindati, an insurtech managing general underwriter (MGU) offering specialty products and an integrated shopping experience for brokers and agents, have partnered to offer ocean cargo insurance for small and middle-sized businesses via Vindati’s …

Post-Harvey Flood Mitigation Effort Ongoing in Dickinson, Texas

Crews are working to unclog tributaries and bayous snaking through Dickinson to reduce the risk of flooding nearly two years after Hurricane Harvey caused significant damage to the Houston suburb. The August 2017 storm dumped about 50 inches of rain …

After Flooding, Davenport, Iowa, Now Mulling Mississippi River Wall

Hundreds of communities line the Mississippi River on its 2,348-mile journey to the Gulf of Mexico, but Davenport, Iowa, stands out for the simple reason that people there can actually dip their toes in the river without scaling a flood …

Arthur J. Gallagher Acquires Louisiana Brokerage Gillis, Ellis & Baker

Arthur J. Gallagher & Co. today announced the acquisition of New Orleans, La.-based Gillis, Ellis & Baker Inc. Terms of the transaction were not disclosed. Founded in 1933, Gillis, Ellis & Baker is a commercial retail property/casualty broker also offering …

Tornado, Flood Repairs to Missouri Facilities Could Cost Almost $13M

Repairs to Missouri government facilities damaged by recent tornadoes and flooding could cost almost $13 million, a majority of which would go toward fixing a historic prison that state officials are still trying to decide whether to salvage for tourists. …

Well Stopped After Central Oklahoma Hit With 3.1 Magnitude Quake

An oil well operator is stopping operations following a small earthquake in central Oklahoma, the fourth such earthquake in less than three weeks. The Oklahoma Corporation Commission says Newfield/Encana paused a well completion operation after a magnitude 3.1 temblor was …

Authorities: Texas Woman Cooked Up Raw Beef Insurance Scam

Authorities are accusing a Texas woman of taking part in an undercooked scheme in which she claimed she was served raw hamburger meat at two different locations of a fast food chain. Cassandra Brooks, a former lieutenant with the Texas …