Motorhome Hire Buckfastleigh

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Motorhome Hire News

FEMA Administrator Questioned Over Sandy Flood Claims

The head of the Federal Emergency Management Agency has asked an independent watchdog to examine whether the flood-insurance program is shortchanging Superstorm Sandy victims. Administrator Craig Fugate testified before a subcommittee chaired by Sen. Robert Menendez (D-N.J.) on Wednesday. The …

The article FEMA Administrator Questioned Over Sandy Flood Claims appeared first on Insurance Journal.

Conner Strong & Buckelew Announces 2 Appointments

Conner Strong & Buckelew, an insurance brokerage and consulting firm with headquarters in Marlton, N.J., and Philadelphia, hired Philip Glick as senior vice president and Mary Jo McWilliams as vice president and consultant. Glick will be responsible for generating new …

The article Conner Strong & Buckelew Announces 2 Appointments appeared first on Insurance Journal.

Hanover Insurance’s Q2 Profit Jumps 55% to $82.6M

The Hanover Insurance Group Inc. in Worcester, Massachusetts, said Thursday its 2014 second quarter net profit rose to $82.6 million, a 54.7 percent increase from $53.4 million profit during last year’s second quarter. The second quarter operating income was $58.4 …

The article Hanover Insurance’s Q2 Profit Jumps 55% to $82.6M appeared first on Insurance Journal.

Cease And Desist in New Mexico Continues for Lyft

State regulators have rejected a motion by ride-sharing service Lyft for a stay on a pending cease and desist order against the company. The Albuquerque Journal reported that the New Mexico Public Regulation Commission unanimously declined Wednesday to issue a …

The article Cease And Desist in New Mexico Continues for Lyft appeared first on Insurance Journal.

BP Employee Emails Urge Houston, Harris County to Drop Oil Spill Lawsuit

Houston and Harris County officials have been flooded with thousands of emails from BP and its employees over the past few weeks encouraging them to drop a lawsuit over the 2010 Deepwater Horizon Oil Spill. Some have speculated the emails …

The article BP Employee Emails Urge Houston, Harris County to Drop Oil Spill Lawsuit appeared first on Insurance Journal.

Chicago Business Owners See Little Impact from Obamacare, Minimum Wage Hike

The Business Owners Confidence survey for the first half of 2014 indicates that Chicago-area mid-sized business owners are taking Obamacare in stride and expect limited effects of national and state efforts to raise the minimum wage. The survey, jointly conducted …

The article Chicago Business Owners See Little Impact from Obamacare, Minimum Wage Hike appeared first on Insurance Journal.

Fairfax Financial CEO Watsa Probed for Insider Trading – Company Says

Fairfax Financial Holdings Ltd said Quebec’s securities regulator was investigating the company, Chief Executive Officer Prem Watsa and President Paul Rivett for possible illegal insider trading or tipping. Fairfax disclosed the information late on Thursday in its second-quarter financial statement. …

The article Fairfax Financial CEO Watsa Probed for Insider Trading – Company Says appeared first on Insurance Journal.

Report: Few Iowans Acknowledge Smoking on Insurance Applications

Surveys show about 20 percent of adults in Iowa smoke regularly, but a much smaller percentage acknowledged their habit when signing up for insurance with federally mandated forms. According to the Centers for Disease Control and Prevention, about 20 percent …

The article Report: Few Iowans Acknowledge Smoking on Insurance Applications appeared first on Insurance Journal.

Baton Rouge-Area Among Top Gainers for New Construction Jobs

Large amounts of construction in the Baton Rouge, La.-area has led the region to be named among the top gainers in the nation for new construction jobs. NOLA.com/The Times-Picayune reports the recognition was announced on July 30 in a report …

The article Baton Rouge-Area Among Top Gainers for New Construction Jobs appeared first on Insurance Journal.

Illinois Workers’ Comp Rate Set to Fall in 2015

Illinois Gov. Pat Quinn says the state’s workers’ compensation insurance rates will drop 5.5 percent next year. Quinn announced the cut in rates is being recommended by the National Council on Compensation Insurance, which annually reviews payments and fees and …

The article Illinois Workers’ Comp Rate Set to Fall in 2015 appeared first on Insurance Journal.

Hartford’s McGee Discusses Company’s Turnaround, Transformation

The Hartford Financial Services Group’s Liam McGee, who stepped down as president and CEO on July 1 but will remain executive chairman until next year’s shareholder meeting, spoke about the company’s transformation at the second quarter earnings conference call Thursday. …

The article Hartford’s McGee Discusses Company’s Turnaround, Transformation appeared first on Insurance Journal.

New Suit Filed in Louisiana Claims Chinese Drywall Destroyed Homes

Lawyers for people who say their homes were wrecked by defective drywall made in China have filed a new lawsuit against the manufacturers and a new defendant — the Chinese Cabinet agency that oversees the country’s biggest state-owned companies. “We’re …

The article New Suit Filed in Louisiana Claims Chinese Drywall Destroyed Homes appeared first on Insurance Journal.

Former New York Cop Sentenced for Inflating Auto Claim

A retired Buffalo, New York, police officer will avoid jail but must pay back $6,400 after inflating a car insurance claim. U.S. Attorney William Hochul says 49-year-old Johnnie Fritz was sentenced Wednesday to 10 months in home confinement for his …

The article Former New York Cop Sentenced for Inflating Auto Claim appeared first on Insurance Journal.

City’s Sewage Test Floods Basement in Clifton, New Jersey

A northern New Jersey couple had a joint birthday celebration ruined after their city’s sewage test flooded their basement and ruined flooring that was put down the day before. Officials in Clifton, New Jersey, apologized to Mike and Jennifer Prybicien …

The article City’s Sewage Test Floods Basement in Clifton, New Jersey appeared first on Insurance Journal.

General Star Upgrades Chemical Product Manufacturers, Distributors Coverage

General Star Management Co. has unveiled underwriting enhancements for chemical product manufacturers and distributors. For the first time, General Star will offer occurrence form coverage for manufacturers and distributors of certain less hazardous chemicals, including those categorized as “environmentally green.” …

The article General Star Upgrades Chemical Product Manufacturers, Distributors Coverage appeared first on Insurance Journal.

Broker-Dealer Buys Alabama Wholesale Broker for $42M

Miami-based broker-dealer Ladenburg Thalmann Financial Services Inc. said it has acquired Highland Capital Brokerage Inc., an independent life, annuities and long term care insurance brokerage, for $42 million. Highland, which is headquartered in Birmingham, Alabama,  provides point-of-sale support along with …

The article Broker-Dealer Buys Alabama Wholesale Broker for $42M appeared first on Insurance Journal.

Florida’s Federated National Seeks $40M in IPO

Federated National Holding Co., a Florida-based property/casualty insurer, announced that it has priced an underwritten public offering of 2,051,283 shares of its common stock at a price to the public of $19.50 per share for gross proceeds of $40.0 million. …

The article Florida’s Federated National Seeks $40M in IPO appeared first on Insurance Journal.

Today Is Court Deadline for West Virginia Chemical Spill Claims

Time is running out for residents and businesses affected by a January chemical spill in Charleston to file claims in federal bankruptcy court. Claims must be filed with U.S. Bankruptcy Court in Charleston by today, Aug.1 . Forms can be …

The article Today Is Court Deadline for West Virginia Chemical Spill Claims appeared first on Insurance Journal.

Arch Capital Posts $202.5 Million Q2 Net Income; $160.7 Million Operating

Arch Capital Group Ltd. reported that net income available to Arch common shareholders for the 2014 second quarter was $202.5 million, or $1.48 per share, compared to $171.5 million, or $1.26 per share, for the 2013 second quarter. The Company …

The article Arch Capital Posts $202.5 Million Q2 Net Income; $160.7 Million Operating appeared first on Insurance Journal.

Kentucky School Districts Being Assessed for Insurance Trust Gone Bust

Some Kentucky school districts have started getting bills over the past couple of weeks to help offset insurance claims against the failed Kentucky School Boards Insurance Trust. The trust announced last year that it would disband due to financial woes …

The article Kentucky School Districts Being Assessed for Insurance Trust Gone Bust appeared first on Insurance Journal.

GM Victims Fund Opens Today; Hundreds of Ignition Switch Claims Expected

Several hundred claims are expected to be filed at the start of a GM-financed program being launched Friday to compensate victims of a faulty ignition switch on some of its vehicles, lawyers say. General Motors Co. in April hired Washington, …

The article GM Victims Fund Opens Today; Hundreds of Ignition Switch Claims Expected appeared first on Insurance Journal.

AIG, GE Capital Systemic Risk Designations Renewed

The top U.S. regulatory panel tasked with policing the safety of the financial system said on Thursday it is launching a review of potential risks in the asset management industry. But the Financial Stability Oversight Council was unlikely to designate …

The article AIG, GE Capital Systemic Risk Designations Renewed appeared first on Insurance Journal.

U.S. to Step Up Oversight of Genetic Testing

Commonly used tests to predict disease or match a cancer patient with the drug most likely to work will be more strictly regulated under a U.S. Food and Drug Administration proposal. The plan released yesterday means the agency will review …

The article U.S. to Step Up Oversight of Genetic Testing appeared first on Insurance Journal.

The Hartford Realigns Senior Leadership

The Hartford Financial Services Group announced a realignment of its senior leadership positions. The Hartford CEO Christopher J. Swift said the realignment is part of the company’s strategy to grow the Property & Casualty, Group Benefits and Mutual Funds businesses …

The article The Hartford Realigns Senior Leadership appeared first on Insurance Journal.

HealthCare.Gov Better But Tech Glitches Still a Concern

Year two of Obamacare “won’t be perfect,” a top Obama administration official said as the government’s website to sell health insurance plans continues to be developed. Andy Slavitt, the principal deputy administrator of the Centers for Medicare and Medicaid Services, …

The article HealthCare.Gov Better But Tech Glitches Still a Concern appeared first on Insurance Journal.

Allied World Europe Expands Professional Liability Team

Allied World Assurance Company Holdings, AG announced that Allied World Europe has expanded its professional liability team with the addition of two new vice presidents, Alec Goodair as Vice President, European Financial Institutions and Nicholas Lee as Vice President, European …

The article Allied World Europe Expands Professional Liability Team appeared first on Insurance Journal.

Minova Insurance Launches BMS Capital Advisory

UK-based Minova Insurance Holdings announced the launch of BMS Capital Advisory, a broker-dealer registered with the SEC and a member of both the UK’s Financial Industry Regulatory Authority (FINRA) and Securities Investor Protection Corporation (SIPC). BMS Capital Advisory is an …

The article Minova Insurance Launches BMS Capital Advisory appeared first on Insurance Journal.

India Landslide May Leave No Survivors as Death Toll Rises to 61

The death toll from a landslide triggered by torrential rains this week in India’s western Maharashtra state rose to 61 with 110 missing people feared dead, a government official said. Among the dead were 10 children, Ganesh Patil, additional district …

The article India Landslide May Leave No Survivors as Death Toll Rises to 61 appeared first on Insurance Journal.

Direct Line in Talks to Sell Italy, Germany Units; Shares Surge

Direct Line Insurance Group Plc, the U.K.’s biggest home and motor insurer, said it was in talks to sell its units in Germany and Italy. The shares climbed the most since its initial public offering in October 2012. The discussions …

The article Direct Line in Talks to Sell Italy, Germany Units; Shares Surge appeared first on Insurance Journal.

AXA First-Half Profit Rose 22%, Led by Life & Savings Unit

AXA SA, France’s largest insurer, said first-half profit rose 22 percent, buoyed by improved earnings from selling life insurance and savings products. Net income rose to €3 billion ($4 billion) from €2.47 billion [$3.3 billion] in the previous year, the …

The article AXA First-Half Profit Rose 22%, Led by Life & Savings Unit appeared first on Insurance Journal.

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