Home

WE CAN’T READ MINDS…
But we do have exceptional
Coverage Expertise >
Today’s Insurance News
Source: Insurance Journal
Scott Declares State of Emergency Over Toxic Algae Bloom on Florida Coast
- August 15, 2018, 4:55 pm
Florida Governor Rick Scott has declared a state of emergency in response to the impacts of red tide in Collier, Lee, Charlotte, Sarasota, Manatee, Hillsborough and Pinellas counties. The Executive Order 18-221 will provide significant state funding to local governments …
Alera Group Acquires Barnes Insurance & Financial Services of Florida
- August 15, 2018, 4:41 pm
Alera Group, a national employee benefits, property and casualty, risk management and wealth management firm, has acquired Barnes Insurance & Financial Services (BIAFS) of Florida. BIAFS is a benefits agency with two locations in northwest Florida. Founded in 2005, this …
Texas Insurance Department: Harvey Claims Reporting Deadline Approaching
- August 15, 2018, 4:32 pm
As the anniversary of Hurricane Harvey approaches, the Texas Department of Insurance is reminding Texans that some insurance policies have a one-year deadline to file claims. Harvey made landfall August 25. Texas Windstorm Insurance Association (TWIA) claims must be reported …
Murphy Oil USA to Pay $100K to Settle Disability Discrimination, Retaliation Suit
- August 15, 2018, 4:28 pm
Arkansas-based Murphy Oil USA Inc. will pay $100,000 to settle a workplace discrimination suit filed in Texas by federal officials. The U.S. Equal Employment Opportunity Commission (EEOC) filed suit against Murphy Oil, which owns Murphy USA retail gasoline stores typically …
34 Sickened by Salmonella Outbreak in Southeast Missouri County
- August 15, 2018, 4:15 pm
A southeast Missouri county is investigating a salmonella outbreak that has sickened 34 people. The Southeast Missourian reports that the cause hasn’t been determined. Perry County Health Department communicable disease coordinator Sheila Hahs says the agency began receiving worrying numbers …
Special Police Unit Seeks to Curb Thefts From Indiana RV companies
- August 15, 2018, 4:13 pm
A special police unit is seeking to curb burglaries and thefts from businesses including recreational vehicle companies in northern Indiana. Police in the Elkhart County city of Goshen say their unit was formed to deal with such crimes in the …
Insurer for Missouri City Must Pay $5.3M to Man with Overturned Conviction
- August 15, 2018, 4:12 pm
A judge has ordered a former insurance carrier for the city of Columbia to pay $5.3 million to a man who served 10 years in prison before his conviction for killing a sports editor in Columbia was thrown out. The …
Firefighters With Cancer Often Denied Workers’ Comp in Texas
- August 15, 2018, 4:11 pm
Many Texas cities are denying workers’ compensation to firefighters with cancer, according to union leaders and state lawmakers. Over the past six years, more than 90 percent of the 117 workers compensation claims filed by Texas firefighters with cancer have …
SECURA Insurance Adds Denny as Arizona Market Manager
- August 15, 2018, 3:56 pm
Appleton, Wis.-based SECURA Insurance has added Page Denny as market manager for Arizona. Denny joins SECURA from RLI Insurance where she most recently held the position of senior underwriter. She brings a solid understanding of commercial insurance to this sales …
TrueNorth Acquires Colorado’s Jewell Insurance
- August 15, 2018, 3:54 pm
TrueNorth Companies has acquired Greenwood Village, Colorado-based Jewell Insurance. Jewell Insurance will adopt the TrueNorth name and brand to further expand the firm’s presence throughout Colorado. Located in Greenwood Village, Jewell Insurance has established a strong reputation for trust, expertise …
Insurance Industry Charitable Foundation Creates California Wildfire Disaster Relief Fund
- August 15, 2018, 3:51 pm
The Insurance Industry Charitable Foundation (IICF), a nonprofit organization that unites the insurance industry in helping communities and enriching lives through grants, volunteer service and leadership, has announced the establishment of a new disaster relief fund to assist those impacted …
On the Side, Express Scripts Eyes Distributing High-Priced Specialty Drugs
Caroline Humer and Deena Beasley - August 15, 2018, 3:29 pm
Express Scripts Holding Co. built a multi-billion enterprise pressuring drug companies to lower their prices for U.S. patients. Now it is quietly building a side business: getting paid to help drug companies dispense a new generation of high-priced drugs. Express …
Zurich North America Names Cittadino as Leader in Programs Unit of Alternative Markets
- August 15, 2018, 3:11 pm
Zurich North America has named Eric Cittadino as leader for Diversified Programs, Specialty Auto and Aftermarket within the Programs unit of Alternative Markets. He replaces David Banks who has decided to retire at the end of the year. Currently the …
Young Insurance Agents Taking the Lead in Digital Marketing
Tom Wetzel - August 15, 2018, 2:55 pm
Thousands of discussions, debates and arguments are taking place in agency offices across the country between principals and ambitious young producers about the role of digital marketing. There are also more than a few stories about millennial producers becoming frustrated …
Italy Government Blames Genoa Bridge Operator as Collapse Death Toll Rises
Ilaria Polleschi - August 15, 2018, 1:41 pm
Rescuers hunted for survivors among towering slabs of wreckage on Wednesday after a bridge collapse that killed 39, as furious government ministers rounded on the viaduct’s operator, saying it should pay fines and compensation and lose its concession. The 50-year-old …
Settlement Reached in New York Kayak Drowning Case
- August 15, 2018, 1:34 pm
A lawsuit settlement has been reached in a New York kayak drowning after the victim’s fiancee served prison time for criminally negligent homicide. The family of Vincent Viafore had filed a wrongful death lawsuit to prevent Angelika Graswald from collecting …
The Professional Insurance Agents of New Jersey Names Monacelli PIA National Director
- August 15, 2018, 1:26 pm
The Professional Insurance Agents of New Jersey has named Paul Monacelli as its PIA national director. Monacelli is CEO of ADP/Statewide Insurance Agencies Inc. in Florham Park, N.J. With more than four decades of experience in the insurance industry, Monacelli …
New York Sues OxyContin Maker Purdue Pharma Over Opioids
Jonathan Stempel - August 15, 2018, 1:05 pm
New York state on Tuesday sued Purdue Pharma LP, accusing the OxyContin maker of widespread fraud and deception in the marketing of opioids, and contributing to a nationwide epidemic that has killed thousands. The state blamed Purdue for running what …
Monsanto’s ‘Junk Science’ Appeal of Roundup Verdict Faces Long Odds
Tina Bellon - August 15, 2018, 12:17 pm
Bayer AG unit Monsanto faces long odds on an appeal blaming an “inflamed” jury and “junk science” for a verdict of $289 million in damages to a man who said the company’s Roundup weed killer caused his cancer, according to …
StarStone Launches Casualty Consortium for Australia, New Zealand Markets
- August 15, 2018, 12:11 pm
StarStone, the global specialty insurer, has launched a casualty consortium targeted at the Australian and New Zealand markets. The consortium is led by StarStone’s Mark Hunt and has begun underwriting business. StarStone’s Lloyd’s coverholder in Australia – StarStone Underwriting Australia …
Capsicum Re’s Cyber Team Taps Paragon’s Goring as Broker, BMS’ Naidu as Wordings Director
- August 15, 2018, 10:53 am
Capsicum Re, the London-based specialist reinsurance broker, announced two new hires to its cyber division. Jasper Goring joins as a cyber broker and Prab Naidu was appointed as wordings director, both with immediate effect. They are based in London reporting …
Cyber Criminals Steal $13.5M from India’s Cosmos Bank
Rajendra Jadhav - August 15, 2018, 10:20 am
Cyber criminals hacked the systems of India’s Cosmos Bank and siphoned off nearly 944 million rupees ($13.5 million) through simultaneous withdrawals across 28 countries over the weekend, the bank has told police. The co-operative bank said unidentified hackers stole customer …
S. Korean BMW Owners Asked Not to Drive Until Fire Risk Inspections Completed
Sohee Kim - August 15, 2018, 9:55 am
South Korea’s government will tell owners of some BMW AG cars in the country to keep the vehicles off the roads until the German carmaker completes safety checks to address a defect after reports of nearly 40 cases of fire …
Risk of ‘Chaotic’ No-Deal Brexit Increasing: UK Foreign Minister Hunt
Anne Kauranen - August 15, 2018, 9:38 am
The risk of a no-deal Brexit has been increasing and the European Union commission needs to change its attitude if a deal is to be reached, British foreign minister Jeremy Hunt said on Tuesday. “Everyone needs to prepare for the …
Tower Hill Specialty Expands Into 5 New States, Adds Carrier
- August 15, 2018, 5:33 am
Tower Hill Specialty, a managing general agency based in Ohio, has begun offering property insurance policies in Georgia, Indiana, Ohio, Texas and Wisconsin. The company, which offers property insurance for homeowners, niche risks including seasonal and rental homes, fixer-uppers, manufactured …
Opioids Blamed for 11.5% Spike in Kentucky Overdose Deaths Last Year
- August 15, 2018, 5:01 am
Drug overdose deaths in Kentucky are increasing despite a drop in opioid prescriptions and heroin use. A new report from the Kentucky Office of Drug Control Policy says 1,565 people died from drug overdoses in 2017. That’s an 11.5 percent …
Exxon Loses Bid to Nix Investors’ Suit Over Climate Change Disclosure
Tom Korosec - August 15, 2018, 5:00 am
Exxon Mobil Corp. must face a lawsuit by investors who blamed a drop in the company’s shares on the disclosure that regulators were scrutinizing its reserve accounting related to climate change. U.S. District Judge Ed Kinkeade on Tuesday denied Exxon’s …
Extraordinary Re’s Extraordinary Idea for Trading Insurance Risks Like Stocks
Russ Banham - August 15, 2018, 5:00 am
Imagine there’s a way for institutional investors to trade insurance risks much like they trade stocks. Well, imagine no more. A new and unique reinsurer, Extraordinary Re, has hit upon the novel idea of creating a trading platform run by …
Mississippi Woman Sues Pepperidge Farm Over Contaminated Goldfish Crackers
- August 15, 2018, 4:52 am
A Mississippi woman is making a federal case out of a life-threatening bout with salmonella that she blames on Goldfish crackers. The Clarion Ledger reported Friday that 26-year-old Bailey Finch is accusing Pepperidge Farm and one of its manufacturers of …
Bridge Collapses in Genoa, Italy, with 35 Deaths Reported
Lorenzo Totaro and Gregory Viscusi - August 14, 2018, 8:32 pm
A bridge on the main highway running down the Italian Mediterranean coast collapsed in Genoa, with the death toll reported to be 35 people while others were trapped in the rubble. A police video showed the viaduct connecting the A10 …

Southwest Risk continues to actively recruit seasoned insurance professionals to join our winning team!

Meet Steven Ateek – Vice President at Southwest Risk specializing in Construction, Energy, Products and Habitational.

image006