Articles by

Burns & Wilcox Names Woods National Practice Group Leader in Arizona

Burns & Wilcox has named John Woods vice president, national practice group leader, transportation. He will be based in Scottsdale, Ariz. Woods focuses on establishing and growing the national transportation practice group, while supporting and offering strategic direction for associates …

New York Governor Seeks Federal Disaster Funds for October Storm

New York Governor Andrew Cuomo is calling for federal funding to help New York communities recover from Halloween storms packing strong winds, heavy rain and flash flooding. Democrat Cuomo’s office cites state and federal estimates that the October 31 storm …

Verisk Signs Agreement to Acquire New Jersey’s FAST

Verisk, a Jersey City, N.J.-headquartered data analytics provider, has signed a definitive agreement to acquire FAST, a privately held software company for the life insurance and annuity industry based in Iselin, N.J. FAST offers a flexible policy administration system that …

Maine Municipal Employee Hit and Killed by City Truck He Was Using

Maine police say a city employee was struck and killed by the bucket truck he had been driving while he and another worker were hanging Christmas wreaths. The Portland Press Herald reports the two workers were hanging wreaths on light …

Directors and Officers Face Significantly Higher Range of Risks: Allianz Report

The range of risks facing company executives, or directors and officers (D&Os), has increased significantly in recent years along with resulting insurance claims, according to a report published by Allianz Global Corporate & Specialty (AGCS). Titled “Directors and Officers Insurance …

Cox Named VP, Business Development at Midwest Employers Casualty

Midwest Employers Casualty (MEC) has appointed Nathan Cox as vice president of sales. Cox succeeds Steven Link, who is retiring. The appointment is effective immediately. Cox will be responsible for revenue, sales growth and market penetration and will lead the …

Missouri Buying Earthquake Simulator to Increase Awareness of New Madrid Risk

Missouri emergency management officials are buying a $200,000 machine that will simulate an earthquake to prepare residents for a big temblor in a region where one of the most powerful earthquakes east of the Rocky Mountains occurred in the 1800s. …

World Insurance Associates Acquires Texas’ McMillan Insurance Group

World Insurance Associates LLC (WIA) has acquired McMillan Insurance Group of Fort Worth, Texas. Terms of the transaction were not disclosed. Founded in 2011, McMillan Insurance Group provides customized commercial trucking insurance products and services for trucking enterprises of all …

Earthquake Rattles Prague, Oklahoma, Site of Past 5.7 Temblor

The U.S. Geological Survey has reported a magnitude 3.8 earthquake in Oklahoma near Prague, where a magnitude 5.7 quake struck eight years ago. Prague City Manager Jim Greff says there are no reports of injury or damage from the quake …

Florida-Based JAG Insurance Group Hires Portes as Chief Insurance Officer

JAG Insurance Group – a South Florida-based commercial insurance agency with offices in Coral Gables, Delray Beach and Charlotte, N.C. – has added Leo Portes to the firm as chief insurance officer. Portes joins JAG with experience in claims, litigation …