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News – Insurance Journal

Japan Firms Have Done Little to Build Resilience Against Increasing Floods: Reuters Poll
Japanese companies have contingency plans for the floods that increasingly drench this island nation, but most have done little to fortify facilities, relying instead on insurance and securing alternative supply sources, a Reuters poll found. Japanese have long been conditioned …

POSTED JANUARY 17, 2020 12:16 PM
2019 Floods Brought Financial Woes to South Dakota Townships
Townships in South Dakota are facing economic difficulties as 2019 flood repair costs mount. Townships primarily depend on their taxpayers for funds to repair more than 31,000 miles (50,000 kilometers) of roads while they wait for reimbursements from the Federal …

POSTED JANUARY 17, 2020 8:25 AM
Oklahoma Oil Rig Explosion Wrongful Death Trial Begins in Oklahoma
The wrongful death trial against a oilfield equipment contractor in connection with a January 2018 explosion and fire that killed five men in southeastern Oklahoma is underway. The McAlester News-Capital reports that attorneys for the families of Parker Waldridge of …

POSTED JANUARY 17, 2020 7:19 AM
With Focus on Iowa, MIAA Hires Wright, Siegfried
The Midwest Insurance Agency Alliance (MIAA), a regional insurance agency network based in Lincoln, Nebraska, has added support Jamie Wright and Rebekah Siegfried to support the organization’s continued growth in Iowa. Wright has joined MIAA as regional vice president for …

POSTED JANUARY 17, 2020 6:51 AM
Catapult Insurance Promotes King, Adds Fisher to Executive Team in Dallas
Catapult Insurance Solutions, a privately held managing general insurance agency and wholesale brokerage based in Dallas, has promoted Becky King to vice president of Underwriting and product manager, and added Steve Fisher as vice president of Business Development. King has …

POSTED JANUARY 17, 2020 6:47 AM
Reuters Report: How Secrecy in Courts Stymies Safety Regulators
LEBANON, Ohio — Something wasn’t right with the Rhino. Reports started trickling in to the Consumer Product Safety Commission (CPSC) in 2005 of people being killed or injured in the Yamaha Motor Co. off-road vehicles when they tipped over. But …

POSTED JANUARY 17, 2020 6:00 AM
Coastal Insurance Underwriters Acquires Assets of Florida Tech Company Cybercom
Coastal Insurance Underwriters, Inc., a Ponte Vedra Beach Florida based MGU and program administrator, acquired the assets of Cybercom International Corp. on Jan. 2, 2020. Cybercom International Corporation, Inc. (CIC) was established in 1997 as a custom software development company …

POSTED JANUARY 17, 2020 5:53 AM
Ceron Named BMS Latin America & Caribbean COO in Miami
BMS Group, an independent specialist reinsurance broker, has appointed of Alejandro Ceron as BMS Latin America & Caribbean chief operating officer, effective immediately. Ceron will be based in Miami and reports to Jose Astorqui, CEO of BMS Latin America & …

POSTED JANUARY 17, 2020 5:45 AM
Labor Dept Rules Tennessee Utility Illegally Fired Whistleblower
The U.S. Department of Labor has ruled in favor of a nuclear engineer who says the Tennessee Valley Authority fired her in retaliation for reporting safety and personnel concerns. The Labor Department is ordering the utility to restore Beth Wetzel’s …

POSTED JANUARY 17, 2020 5:33 AM
Newspaper Says Chemicals Found in Drinking Water Near South Carolina Air Base
A newspaper says it found high levels of a toxic chemical in the drinking water near one of South Carolina’s largest military bases. The Post and Courier paid University of Rhode Island researchers to examine tap water at the Crescent …

POSTED JANUARY 17, 2020 5:29 AM

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