Latest Numbers Headlines
All the headlines from our Numbers Topic Page, ordered by recency.
Two Big Southern California Agencies Merge
Aug 1 2011 // Two independent insurance brokers announced today they are joining forces to become one of the largest insurance brokerages in Los Angeles and Ventura counties. The August 1st agreement combines Northridge Insurance Agency...
One Year Later, Hard Times for Kentucky Flood Victims
Jul 26 2011 // Along a newly paved road at Harless Creek in Kentucky’s Pike County, dozens of new vehicles and a handful of new modular homes point to progress since severe flooding hit the area a year ago. At Raccoon Creek,...
Seven Plead Guilty in $1M Poconos Insurance Fraud Case
Jul 8 2011 // Seven of nine people charged with cheating health insurers out of more than $1 million have pleaded guilty in county court. The Pocono Record reported on its website Wednesday that seven, including alleged ringleader Judi...
Two More Massachusetts Motorcycle Insurers Send Settlement Checks
Jun 8 2011 // Insurers USAA and NGM Insurance Co. will return a combined $3.4 Million to Massachusetts motorcycle policyholders as part of a settlement with state officials. Attorney General Martha Coakley said that 9,500 checks have...
Eight Wildfires Burn in Arizona, Evacuations Ordered
Jun 3 2011 // Arizona is currently ablaze with eight wildfires burning thousands of acres of land and property and causing evacuations from some areas, according to the National Interagency Coordination Center. While most of the fires...
Two Diamond Dealers Get Prison in Fake NYC Heist
Jun 1 2011 // Two diamond dealers will spend more than a year in prison after being convicted of staging a heist in hopes of snaring insurance money to save their failing New York City business. Mahaveer Kankariya and Atul Shah were...
Three Convicted in Massachusetts Auto Fraud Ring Case
May 17 2011 // A Massachusetts jury has returned guilty verdicts against three men — including a lawyer and a chiropractor — accused of staging several fraudulent motor vehicle accidents, according to the attorney general’s...
One Risk Group Names Brockie Senior VP
May 2 2011 // One Risk Group LLC, a property/casualty insurance brokerage headquartered in the San Francisco Bay Area, has hired Tad Brockie as a senior vice president and director-life science practice. He brings 38 years of client...
Five Japan Life Insurers Eye Unhedged Foreign Bonds; See Weaker Yen
Apr 27 2011 // Five Japanese life insurers say they may buy more unhedged foreign bonds, believing that the yen is likely to weaken and that the currency risks are low enough for them not to take on higher hedging costs, a stance that...
One Year After BP Oil Spill, Optimism on Gulf Coast
Apr 21 2011 // A year after the worst U.S. offshore oil spill swamped the Gulf coast with petroleum and misery, officials Wednesday declared the hard-hit region reborn. It is still too early to know the long-term damage to the...
One Year Later, Gulf States Still Grappling with BP Oil Disaster
Apr 15 2011 // When a BP oil rig exploded and sank in the Gulf of Mexico last April, killing 11 workers, authorities first reported that no crude was leaking into the ocean. They were wrong. The disaster that captivated the world’s...
3M Settles Age-Discrimination Suit for Up to $12M
Mar 21 2011 // Minnesota’s 3M Co. has agreed to pay up to $12 million to settle an age-discrimination lawsuit with as many as 7,000 current and former employees. The 2004 lawsuit targeted the company’s performance-review...
One Thing Is Not Another: Defining Standards for the Duty to Defend and Indemnify
Mar 21 2011 // After years of maintaining that the duty to defend and the duty to indemnify were independent duties in a liability policy, the Texas Supreme Court held in 1997 that the same allegations used to determine that no duty to...
Two Florida Insurers Face Insolvency Actions: Seminole, AequiCap
Mar 14 2011 // Two Florida insurers are facing regulatory action as the state’s Office of Insurance Regulation (OIR) ordered commercial insurer AequiCap Insurance Co. into liquidation and suspended the license of insurer Seminole...
Nine New York Families Sue Gas Driller, Say Wells Tainted
Feb 17 2011 // Nine New York homeowners have filed a lawsuit against a Denver-based natural gas driller and its subcontractors, claiming the companies contaminated drinking water with gas and silt. The lawsuit, filed Friday in state...
Two Workers Die After New York Construction Site Fall
Feb 10 2011 // Two ironworkers died Tuesday morning after they fell from a fifth floor through an open elevator shaft at a church construction site where they were installing steel, New York City authorities said. Brett McEnroe, 49, of...
Six Keys to Harleysville’s Turnaround
Jan 24 2011 // How The Pennsylvania Insurer Made a Company-Wide Shift in its Business Approach Six years ago, Harleysville Group was in need of a big change. The Pennsylvania-based insurer had just come out of the worst performing year...
Two Missouri Employers Jailed for Noncompliance with OSHA Citations
Jan 10 2011 // The U.S. Department of Labor’s Occupational Safety and Health Administration in late December arrested two St. Louis, Mo., employers for failing to comply with court sanctions enforcing OSHA citations. Brian Andre,...
One Risk Group Names Sweeney VP
Jan 6 2011 // Pleasanton, Calif.-based One Risk Group LLC, a Bay Area property and casualty insurance brokerage, has hired Tim Sweeney as a vice president. Sweeney brings almost 20 years of client management, advocacy, and risk advisory...
Six Keys to Harleysville’s Turnaround
Dec 31 2010 // Six years ago, Harleysville Group was in need of a big change. The Pennsylvania-based insurer had just come out of the worst performing year in its history. That’s when newly appointed CEO Michael Browne — who...
