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Swiss Re 2019 Profit Hit by Natural Disasters, U.S. Casualty Claims

Reinsurer Swiss Re reported on Thursday a smaller-than-expected profit in 2019 due to claims for a series of man-made and natural disasters, as well as expenses for its U.S. casualty business, sending its shares lower. Net profit in the year …

Employee Accused of Stealing from Nebraska Insurance Agency Fined $400

A woman accused of stealing from a Beatrice, Neb., insurance agency has been fined $400. Gage County Court records say Nicole Nelson paid the fine; the 45-year-old had pleaded no contest to a misdemeanor theft charge. She originally was charged …

OSHA Fines Companies After 2 Killed at Oregon Festival

The Oregon Occupational Safety and Health Administration has fined two companies for safety violations that led to the deaths of two workers at a Portland, Ore., area music festival. OSHA issued $31,000 in fines to Pickathon LLC and GuildWorks LLC …

Oregon Bar Sued for $2.1M for Over-Serving Man Who Killed 2

The estate of a man who was killed in a drunken driving crash in 2017 and a crash victim who survived are suing the Prineville, Ore., bar that over-served driver Justin Bittick. The estate of Stephan Mitchell Leader-Bowles filed suit …

Arizona Flood Control Project Receives Federal Funding

Flagstaff, Ariz.’s mayor hailed a federal agency’s commitment of $52 million for a major flood control project, saying it will protect the northern Arizona city from potentially catastrophic effects of flooding from storm runoff while promoting economic development of currently …

United Fire in Iowa Reports 4Q Earnings Loss

United Fire Group Inc. on Tuesday reported a loss of $23.2 million in its fourth quarter. On a per-share basis, the Cedar Rapids, Iowa-based company said it had a loss of 93 cents. Losses, adjusted for investment gains, were $1.04 …

Refinery Fire Doused in South Texas, No Injuries

A fire at a Citgo refinery in in Corpus Christi, Texas, has been extinguished with no injuries, according to the petroleum company. The fire began in a pipeline owned by a third party shortly after 8:30 a.m. on Monday and …

Fire Destroys 4 Businesses in Busy South Dakota Town

Four downtown businesses in a small southwestern South Dakota community have been lost in a fire, according to the city’s mayor. The Vault restaurant, China Buffet, the Quilt Shop and an ice cream shop were burned in the massive fire …

Insurance Underwriter Enters Race for Montana State Auditor

A third Republican said that he will run for the party’s nomination for Montana state auditor. Scott Tuxbury is an insurance underwriter who has worked to bring new insurance companies to Montana and design new insurance programs, he said in …

Icy Roads Caused Dozens of Crashes in Utah

Icy roads caused multiple crashes and temporary highway closures in Utah on Monday, officials reported. There were at least 84 crashes statewide Monday morning since midnight, according to the Utah Highway Patrol. Most were in northern Utah. I-15 and U.S. …