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In Joplin, Missouri, Young Professionals Hear Call to Serve

One worked in financial services. Another was an insurance agent. A third had recently finished law school and embarked on a legal career. Then came the tornado. The twister that blasted an immense hole in this Missouri city almost nine …

Pitney Bowes Develops Wildfire Risk Software

Pitney Bowes Software has released the Pitney Bowes Risk Data Suite Software Bundle for property and casualty insurers. The company says this is the first national wildfire software product for the insurance sector. It allows insurers to attribute accurate wildfire …

Town & Country Insurance Agency Completes Whittington Acquisition

Houston-based Town & Country Insurance Agency Inc., a subsidiary of Encore Bancshares Inc. and an affiliate of Encore Bank N.A., has completed its acquisition of Whittington Insurance Agency. Whittington Insurance Agency is an independent insurance agency headquartered in League City, …

Yates Adds Janes and Snow

Brian Janes and Vicki Snow have joined Tustin, Calif.-based managing general agent Yates. Janes and Snow, who become producers with Yates, spent the last two years as vice presidents of another California wholesale brokerage, and they have a diverse background …

AIG In No Rush to Sell Key Assets: CEO Benmosche

American International Group Inc. may raise its stake in Asian insurer AIA Group someday and is open to offers for its airplane leasing business ILFC, but will bide its time on all these things, Chief Executive Bob Benmosche said on …

Trucking Industry Fights Obama Rules on Driver Fatigue

Trucking companies are going to court to fight Obama Administration rules designed to assure that commercial truckers on the road get proper rest. The American Trucking Association said it filed a petition this week with the U.S. Circuit Court of …

Vertafore Promotes Craig to Senior VP Product Management; Adds Winterburn

Insurance industry software developer Vertafore has promoted Mark Craig to senior vice president of product management. Craig is responsible for developing and refining Vertafore’s product strategy which is focused on transforming the business of insurance. He will be reporting to …

100-Year Storms May Happen Every 3 to 20 Years: MIT-Princeton Research

Last August, Hurricane Irene spun through the Caribbean and parts of the eastern United States, leaving widespread wreckage in its wake. The Category 3 storm whipped up water levels, generating storm surges that swept over seawalls and flooded seaside and …

Ironshore Brings Lloyd’s Political Risk Coverage to U.S. Market

Ironshore Insurance Services has received extension of class approval from Lloyd’s to underwrite insurance coverage for the Pembroke Syndicate 4000 Political Risk and War and Terrorism unit. Pembroke’s political risk and political violence coverages will be highly focused policies underwritten …

North Carolina Supreme Court Weighs ‘Reasonableness’ of Hospital Bills

North Carolina’s Supreme Court heard attorneys argue Monday whether consumers should be able to take hospitals to court to justify bills that seem excessive. The high court took up the case of Robert Talford, 68, of Charlotte, who represented himself …

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