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Ward Stein, President, GTU

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Rick Sforzo, VP Transportation Div., Maxum

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Bob Crescenzo, VP, Lancer

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Al Birch, Harco

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Bruce Hooker, LC Manager, Mattei

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Syndicate content News – Insurance Journal
Insurance Journal delivers the latest business news for the Property/Casualty insurance industry
Updated: 56 min 40 sec ago

INSURICA Acquires Zodrow & Neighbors in Oklahoma

3 hours 55 min ago
Oklahoma City, Okla.-based INSURICA has acquired Zodrow & Neighbors Insurance LLC. Terms of the deal weren’t disclosed. The deal, which will be effective on June 1, is INSURICA’s fifth acquisition this year. Owasso-based Zodrow & Neighbors will enhance INSURICA’s presence …

LWCC in Louisiana Declares 2017 Policyholder Dividend

4 hours 44 sec ago
The board of directors for LWCC, a provider of competitive workers’ compensation insurance to Louisiana employers, has declared a 2017 dividend of $81 million to its policyholders. The amount was distributed to policyholders in April and May, bringing the total …

Iroquois Adds Walker as Regional Manager in Utah

4 hours 7 min ago
The Iroquois Group’s Southwest team has named Mike Walker regional manager for Utah. Walker will work primarily to develop the firm’s member base in Utah. Walker has more than 27 years of experience in the insurance industry, including 15 years …

2 Killed, 11 Injured in Church Van Wreck in North Carolina

7 hours 8 min ago
At least two people have died and 11 others were hurt in a wreck involving a church van in North Carolina. The wreck was reported about 5:30 p.m. Sunday near Rolesville, about 15 miles (24 kilometers) northeast of Raleigh. The …

Texas School Shooter’s Father Believes Son Was Bullied

8 hours 11 min ago
A 17-year-old student accused of fatally shooting 10 people at a Texas high school should be seen as a “victim” because he may have recently been bullied, causing him to lash out, his father said. In a phone interview over …

San Antonio Among Numerous Texas Cities With Drought Water Use Restrictions

8 hours 26 min ago
Some South Texas cities have started restricting water usage due to dropping Edwards Aquifer levels amid drought conditions. The Edwards Aquifer Authority this week announced Stage 1 pumping restrictions after the 10-day average level of an index well dropped below …

Dean at University of Wisconsin Accused of Harassment Resurfaces at 2 Other Schools

8 hours 28 min ago
A University of Wisconsin-Stevens Point official who handled sexual misconduct complaints and resigned when he was accused of sexually harassing a woman on campus in 2015, went on to hold positions handling similar complaints at two other universities, according to …

Texas Agency Disputing Claim That Trooper Sexually Assaulted Woman

8 hours 32 min ago
The Texas Department of Public Safety said it disputes allegations that one of its state troopers sexually assaulted a woman while he was arresting her on suspicion of drunken driving. A lawyer representing the woman said Monday that the trooper …

Movie Theater Hit by Lightning in South Dakota, Awaiting Claim Decision

8 hours 33 min ago
The future of a central South Dakota movie theater is uncertain after lightning struck the facility, according to its owners. A digital projector, server and computer components were damaged last month at the Lyric Theatre in Faulkton, Aberdeen American News …

Kilauea Generates Toxic Gas Plume Called Laze

8 hours 41 min ago
The eruption of Kilauea volcano in Hawaii sparked new safety warnings about toxic gas on the Big Island’s southern coastline after lava began flowing into the ocean and setting off a chemical reaction. The molten rock started pouring into the …

Insurers Welcome Global Regulation Provision in Banking Reform Bill

8 hours 53 min ago
The financial services regulatory reform measure passed by Congress yesterday, which contains parts of more than 25 different bills, includes a provision on international insurance regulation that is being met with cheers by the insurance industry. This bill, which rolls …

Family Reaches $13M Settlement with Seattle over Deadly Crash

8 hours 55 min ago
The family of a couple killed in 2013 by a drunk driver has settled with the city of Seattle for $13 million. The family of Dennis and Judy Schulte settled with the city. Prosecutors say Mark Mullan was drunk when …

California Organized Investment Network Launches High Impact Service for Insurers

8 hours 57 min ago
The California Organized Investment Network has launched the Impact Investment Marketplace, a portal to help facilitate high impact investments in underserved communities and environmental projects in California. The marketplace links those seeking capital for community development investments with insurers looking …

What Banks Got, Did Not Get in Dodd Frank Rewrite Passed by Congress

9 hours 4 min ago
Congress on Tuesday rolled back some of the restraints imposed on banks after the 2007-2009 global financial crisis, but big players like Goldman Sachs, Morgan Stanley and JPMorgan Chase, will not be breaking out the champagne. While Wall Street banks …

Report Says Record Number of Data Breach Notices Filed in New York in 2017

9 hours 7 min ago
The New York Attorney General’s Office (NYAG) this year released a report outlining a record number of data breach notices filed with the office in 2017 – the highest since NYAG started receiving data breach notices in 2006. In the …

U.S. Safety Board Urges Seat Belts, Automatic Brakes on School Buses

10 hours 1 min ago
The National Transportation Safety Board on Tuesday recommended for the first time that all new school buses in the U.S. be equipped with lap and shoulder belts. The NTSB also voted to recommend that the National Highway Traffic Safety Administration …

Aon’s Carver Joins Guy Carpenter’s UK Non-Marine Team as Managing Director

10 hours 22 min ago
Reinsurance broker Guy Carpenter & Co. announced the appointment of Richard Carver as managing director and senior broker in the firm’s UK non-marine division. Carver has 30 years of experience in the reinsurance sector, spanning both the underwriting and broking …

Inquiry Into London’s Grenfell Tower Fire Underway with Tributes to Victims

10 hours 33 min ago
Survivors of a devastating high-rise fire in London wept Monday as relatives paid tribute to some of the 72 victims at the opening of an inquiry into Britain’s deadliest blaze in decades. The Grenfell Tower inquiry is beginning with two …

Consumer Groups Accuse Tesla of Deceptive Marketing of Autopilot

10 hours 55 min ago
A pair of consumer advocacy groups want the U.S. Federal Trade Commission to investigate Tesla Inc., charging that the company’s advertising and other promotional claims about the safety and capability of its Autopilot driver-assistance technologies are deceptive. “Two Americans are …

Pennsylvania Telecom Tower Climber Gets $30M Settlement in Fall Suit

10 hours 56 min ago
A telecommunications tower climber who suffered severe injuries when a ladder rung dislodged and sent him hurtling 50 feet to the ground has reached a settlement with AT&T and others for $30 million. The June 2013 fall in Allentown, Pennsylvania, …