Monthly Archives: <span>July 2024</span>

King Insurance Adds Barnette Agency in NC, Gilbert Named President

Gainesville, Florida-based King Insurance Partners has acquired Barnette and Coates Inc., an agency in Henderson, North Carolina. Principal Jimmy Barnette said in a news release that the move will allow the agency to expand its access to resources and expertise. …

Video: Whale Surfaces, Capsizes Fishing Boat Off New Hampshire Coast

Two fishermen are safe after a whale crashed onto their boat, capsizing it off the New Hampshire shore, according to the U.S. Coast Guard. The incident occurred Tuesday near Odiorne Point State Park in Rye. The two men, who were …

Insured Losses From CrowdStrike Outage Could Reach $1.5B, CyberCube Says

Global insured losses from last week’s massive IT outage are likely to range from $400 million to $1.5 billion, cyber analytics firm CyberCube said on Thursday. A software bug in cybersecurity firm CrowdStrike’s quality-control system caused the software update that …

Maine Provides Waterfront Communities With $21 Million to Rebuild From Winter Storms

Maine is providing more than $21 million in grants to help dozens of waterfront communities rebuild from a series of devastating storms this past winter. The storms brought flooding, damage and power outages to the Northeast, and were particularly damaging …

WV Reminds Local Governments, Non-Profits of Flood Insurance Requirements

The West Virginia insurance commissioner is reminding all state and local governments and non-profit organizations that they could face penalties if they fail to obtain flood insurance on properties in flood hazard areas. “Please review your eligibility for the NFIP …

WTW Reports 48% Hike in Q2 Net Income With Organic Growth of 6%

WTW reported second quarter net Income of $142 million, an increase of 48% compared to net income of $96 million in the prior-year second quarter. Q2 adjusted net income rose 20% to $263 million, from $219 million reported in the …

How a Perfect Storm Sent Church Insurance Rates Skyrocketing

The Rev. John Parks was taking his first sabbatical in 40 years of ministry when he got a call from his church’s accountant with some bad news. Church Mutual, the church’s insurance company, had dropped them. “This does not make …

Northern California Fire Becomes State’s Biggest in a Day, Evacuations Ordered

A wildfire that started Wednesday near Chico, California grew quickly to 45,549 acres overnight to become the state’s largest active blaze. Evacuation orders and warnings were issued, but the number of residents affected or properties damaged or destroyed has yet …

Philippines Rushes to Contain Oil Spill From Sunken Tanker

Philippine authorities are rushing to contain an oil spill from a tanker that sank early Thursday, killing one crew member, after Typhoon Gaemi battered the nation. A Philippine-flagged tanker carrying 1.4 million liters of industrial fuel oil capsized 3.6 nautical …

Oscar Mayer Wienermobile Rolls Over in Chicago Highway Crash

OAK BROOK, Ill. (AP) — An Oscar Mayer Wienermobile got into a pickle on a Chicago highway. The hot-dog shaped Wienermobile hit a car Monday morning along Interstate 294 and its driver lost control and overcorrected, causing it to roll …