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Verhoef Named Director of Employee Benefit Sales at Western Growers
Western Growers Insurance Services Inc. has promoted Jason Verhoef to director of employee benefit sales. Verhoef will lead sales efforts to provide affordable healthcare insurance options for agribusinesses throughout California, Arizona and Colorado, as well as support the employee benefit …

POSTED MARCH 27, 2017 8:07 PM
Gorst & Compass Names Gaines Personal Lines Underwriter in California
Gorst & Compass Insurance has promoted Brenna Gaines to personal lines underwriter in its San Diego, Calif. office. Gaines has been with Gorst & Compass for three years and has been in the industry for 12 years. Her previous title …

POSTED MARCH 27, 2017 7:21 PM
Supreme Court Won’t Hear Record Labels’ Copyright Violation Claims Against Vimeo
The U.S. Supreme Court on Monday refused to hear a bid by major record labels to revive copyright infringement claims against video-sharing website Vimeo LLC for hosting content that included songs by famed bands such as the Beatles, the Jackson …

POSTED MARCH 27, 2017 6:00 PM
Hailstorms Slam Parts of North Texas
Thunderstorms, producing up to softball size hail, pounded several cities north of Dallas/Fort Worth metroplex Sunday night causing extensive damage, the Insurance Council of Texas reported. Thousands of homeowner and auto claims had already been reported by sunrise. The entire insured …

POSTED MARCH 27, 2017 4:26 PM
South Dakota Speeding Tickets Rise Along with 80 mph Limit
The number of speeding tickets issued by South Dakota state troopers has gone up since the state’s top speed limit increased from 75 mph to 80 mph nearly two years ago. According to an analysis of ticket data by the …

POSTED MARCH 27, 2017 4:11 PM
Another Mag 4.0 Quake, 3 Smaller Ones Strike Oklahoma
The U.S. Geological Survey reports a magnitude 4.0 earthquake and three smaller temblors have struck Oklahoma. The survey reported that the magnitude 4.0 quake hit on March 25 south of Medford in north-central Oklahoma. Three smaller temblors — with magnitudes …

POSTED MARCH 27, 2017 4:09 PM
466 Tons of Breaded Chicken Product Recalled by Oklahoma Company
An Oklahoma food company is recalling more than 466 tons of breaded chicken because of possible metal in the food. The U.S. Department of Agriculture said OK Food Inc. is recalling 933,272 pounds of the food shipped nationwide that was …

POSTED MARCH 27, 2017 4:07 PM
Uber Resuming Autonomous Car Program After Crash
Driverless vehicles operated by Uber Technologies Inc. were back on the road in San Francisco on Monday after one of its self-driving cars crashed in Arizona, the ride-hailing company said. Uber’s autonomous vehicles in Arizona and Pittsburgh, Pennsylvania, remained grounded …

POSTED MARCH 27, 2017 3:44 PM
New Mexico Lawsuit Challenges County’s Frack Sand Ban
A group of New Mexico property owners has sued Winona County over its ban on industrial mining of silica sand for use in hydraulic fracturing. The Southeast Minnesota Property Owners joined Saratoga Township resident Roger Dabelstein in filing the lawsuit …

POSTED MARCH 27, 2017 3:25 PM
Montana Lawmakers Table Privatization of $1.6B Workers’ Comp Fund
Montana lawmakers have tabled a proposal seeking to dismantle and privatize the state’s massive workers’ compensation system, saying the matter is too daunting to take up in the waning days of the legislative session. Instead, a Senate Committee decided to …

POSTED MARCH 27, 2017 3:20 PM
John F. Sullivan Jr. Loved the Insurance Business
John F. Sullivan Jr. had a passion for insurance, doing business and sailing. Jack Sullivan died on March 19 at age 83 after a long career in insurance. Jack was born Oct. 7, 1933 in Spokane, Wash. to John F. …

POSTED MARCH 27, 2017 3:14 PM
Mother And Son in California Sentenced for Auto Insurance Fraud Scheme
A California mother and son were sentenced for auto insurance fraud. Henrietta Silva, 71, and her son, Peter Silva, 42, were sentenced in the San Diego Superior Court after submitting multiple fraudulent auto insurance claims. Henrietta Silva was sentenced to …

POSTED MARCH 27, 2017 2:57 PM
Worst Cyclone in 6 Years Set to Pummel Coast of Queensland, Australia
The worst cyclone in six years is set to smash into the coast of Queensland on Tuesday morning, forcing thousands of Australians to evacuate or seek emergency shelter and prompting some of the world’s biggest miners to halt coal operations. …

POSTED MARCH 27, 2017 2:40 PM
Opinion: Why Is Zurich Seeking Shareholder Permission to Raise Money?
Zurich Insurance Group AG wants more freedom from its shareholders to raise money quickly. That’s odd. Switzerland’s largest insurer has no capital hole that needs filling. The move suggests newish CEO Mario Greco may be concerned about missing out on …

POSTED MARCH 27, 2017 2:01 PM
Owners of Diner in New Jersey Admit Setting Fire for Insurance Money
The owners of a New Jersey diner have admitted burning it down to collect insurance. Sussex County prosecutors say 49-year-old Tina Diakos and 40-year-old Ozkan Cengiz pleaded guilty to arson on Wednesday. Prosecutors say the pair said business at the …

POSTED MARCH 27, 2017 1:25 PM
Vermont Lawmakers Say Businesses Should See $28M Reduction in Expenses
Vermont businesses should see a $28 million reduction in expenses this year from lower workers’ compensation and unemployment insurance costs. Democratic House Speaker Mitzi Johnson tells the Rutland Herald the state Department of Labor projected there will be a $76 million …

POSTED MARCH 27, 2017 1:21 PM
Uber Tells U.S. Appeals Court in New York Customers Must Arbitrate Disputes
A U.S. appeals court in New York on Friday weighed arguments over whether Uber Technologies Inc. customers gave up their right to sue the company when they registered for its popular taxi hailing service. The case could have wider implications for internet …

POSTED MARCH 27, 2017 1:17 PM
Insurers, Victims Sue Saudi Arabia Over Sept. 11 Terrorist Attacks
Saudi Arabia is facing a renewed $6 billion lawsuit by dozens of insurers seeking to hold it responsible for business and property damage caused by the Sept. 11, 2001 attacks. The lawsuit filed late Thursday in the U.S. District Court …

POSTED MARCH 27, 2017 12:02 PM
London Keeps Mantle as #1 Finance Center Despite Brexit Uncertainties: Survey
London has retained the mantle as the world’s top financial center, though uncertainty about the implications of Britain’s vote to leave the European Union saw its lead over Asian rivals narrow, according to a study. New York held on to …

POSTED MARCH 27, 2017 11:44 AM
Caribbean Cat Facility CCRIF Donates $100,000 to Belize to Aid Rainfall Tracking
Belize SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) is providing US$100,000 to the government of Belize to purchase 40-50 automatic weather stations that will provide the Meteorological Service of Belize with access to real-time rainfall data. The weather stations will …

POSTED MARCH 27, 2017 11:18 AM
Broker THB and CNA Hardy Partner to Provide Global Industrial Cyber Solution
London-based broker THB, CNA Hardy and cyber security specialist Waterfall Security Solutions have entered into a partnership to provide a cyber security protection package for industrial businesses globally. The package, distributed exclusively through THB, includes CNA Hardy’s cyber technology and cyber …

POSTED MARCH 27, 2017 10:35 AM
As China Liberalizes Financial Sector, It Seeks ‘Better Treatment’ Abroad
People’s Bank of China Governor Zhou Xiaochuan said the country is preparing to further open its financial sector, and that doing so will involve negotiations over how other nations treat Chinese investors. Areas of potential liberalization include banking, insurance, investment …

POSTED MARCH 27, 2017 9:49 AM
China’s Ping An to Invest $100M a Year in Japan in Diversification Bid
Ping An Insurance (Group) Co. plans to invest $100 million a year in Japanese companies as it seeks to diversify its investments outside of China. China’s second-largest insurer will put money with private equity funds that invest in sectors including …

POSTED MARCH 27, 2017 8:51 AM
Great American Insurance Group Promotes Kornesczuk
Great American Insurance Group has promoted Jane Kornesczuk to divisional president of its Executive Liability Division. The division is based in Schaumburg, Ill. Kornesczuk joined Great American in 1990 as a senior underwriter. She was named chief underwriting officer of …

POSTED MARCH 27, 2017 5:44 AM
Kansas Amusement Ride Safety Bill in the Works
Members of a Kansas House committee are pushing to ramp up oversight of temporary and permanent amusement park rides after a lawmaker’s son was killed on a waterslide last year, but the bill that would allow it to happen could …

POSTED MARCH 27, 2017 5:38 AM
Oklahoma Senate OKs Impaired Driver Accountability Bill
The Oklahoma Senate has unanimously passed legislation to change how first-time driving under the influence (DUI) offenses are handled in Oklahoma. Senate Bill 643, also known as the Impaired Driver Elimination Act 2 (IDEA2), is strongly supported by Mothers Against …

POSTED MARCH 27, 2017 5:32 AM
Officials: Kansas Apartment Blaze Caused $23M to $25M in Damage
Officials in a Kansas City suburb where a fire destroyed a multimillion-dollar apartment building under construction and spread to about two dozen homes estimate the blaze caused between $23 million and $25 million in damage. The Kansas City Star reports …

POSTED MARCH 27, 2017 5:24 AM
Texas Bill Shielding Landowners from Rock Climbing Injury Lawsuits Advances
The Texas Senate has approved a bill protecting property owners statewide from liability for injuries incurred by people rock climbing on their land. The proposal by Republican Sen. Charles Perry of Lubbock now heads to the state House. It immunizes …

POSTED MARCH 27, 2017 5:24 AM
4 Million Driving Jobs at Risk from Autonomous Vehicles: Report
As many as four million truck, bus, delivery and taxi driving jobs could be lost if fully autonomous vehicle technology is adopted in a short period of time, according to a new report. With more than 30 companies—including automakers BMW, Daimler …

POSTED MARCH 27, 2017 5:00 AM
How Republicans Can Unravel Obamacare Without Repealing It
Republicans may have failed to overthrow Obamacare last week, but there are plenty of ways they can chip away at it. The Trump administration has already begun using its regulatory authority to water down less prominent aspects of the 2010 …

POSTED MARCH 27, 2017 5:00 AM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Heil and Kay Insurance Agency Inc. confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.

 

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