Ten miles from the Hawaii town of Pahoa that is being menaced by a stream of lava from Kilauea volcano, there’s another community that was almost entirely swallowed by the molten rock nearly 30 years ago. Today, a few dozen The article Hawaii Town Re…
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EXL Acquires Underwriting Support Services Firm, Overland Solutions
Business process solutions company EXL has acquired Overland Solutions Inc., an Overland Park, Kan.-based provider of underwriting support services including premium audit, commercial and residential underwriting surveys and outsourced loss control ser…
Texas Windstorm Insurance Association Expert Panel to Meet
The Texas Department of Insurance announced that the Texas Windstorm Insurance Association expert panel will hold a public meeting on Nov. 12 to discuss the progress of the panel’s work thus far. Attendees will have the opportunity to comment. The …
Failed Oklahoma School Insurance Coop Seeks Payments
Some Oklahoma school officials say efforts by a failed school insurance cooperative to collect about $720,000 to pay current and expected claims and debts would create a financial hardship and may be illegal. The Oklahoma Schools Property/Casualty Coop…
Home Depot Breach Costs Ohio Credit Unions $1.3M
The Credit Union National Association says the breach of customer data at Home Depot earlier this year cost Ohio credit unions more than a million dollars. The Columbus Dispatch reports Ohio credit unions spent $1.3 million handling the data breach, …
State Auto Financial Reports $11.9M Net Income in Q3 2014
Columbus, Ohio-based State Auto Financial Corp. reported third quarter 2014 net income of $11.9 million, or $0.28 per diluted share, versus net income of $18.5 million, or $0.45 per diluted share, for the third quarter of 2013. Net income from The ar…
Arkansas Hospital Survey: More Patients Have Insurance
A survey of Arkansas hospitals found the number of patients without insurance was down during the first half of 2014 and the state’s expansion of the Medicaid program under the “private option” is said to be the reason. The Arkansas The article A…
Md. Court Overturns $500K Verdict, Says Insurance Issue Likely Prejudiced Jury
A Maryland appeals court has overturned a $500,000 verdict to a woman who was hit by a truck because the trial judge erred by allowing the jury to hear that the driver’s liability insurance had been cancelled because of nonpayment. The article Md. Co…
N.J. Man Admits Staging Auto Accidents for $179K Insurance Payments
A New Jersey resident pleaded guilty to orchestrating two auto accident staging scams in 2010 that resulted in insurance payouts of $179,210 for medical treatment and personal injury settlement proceeds, according to officials. New Jersey’s Acting Atto…
Boston Insurance Brokerage Hires Bordonaro as Broker’s Assistant
Boston Insurance Brokerage Inc., a national wholesale broker based in Boston, hired Joanne Bordonaro as broker’s assistant in the Property & Casualty Division. Bordonaro spent the last 10 years at Liberty International Insurance Underwriters where sh…
