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News Center

News – Insurance Journal

Crest Insurance Group Acquires Troon in Arizona
Crest Insurance Group LLC has acquired Tucson, Ariz.-based Troon Insurance Services. Terms of the deal were not disclosed. Troon was founded by Clebern Best and has been serving the Greater Phoenix area for 20 years. Crest has Arizona offices in Tucson, …

POSTED JULY 24, 2017 11:25 PM
Chicago’s Chubb Workplace Benefits Promotes Wayland to Sr. VP
Chubb Workplace Benefits in Chicago has promoted Jon Wayland to senior vice president of sales. Wayland has 30 years of insurance industry experience and previously served as vice president of brokerage channel sales. In his new position, Wayland will continue …

POSTED JULY 24, 2017 4:32 PM
Missouri Insurance Department Recovers over $4M for Consumers
The Missouri Department of Insurance helped consumers who filed complaints against their insurance company receive an additional $4 million in claim payments in the first half of 2017. Health insurance generated the most complaints in the first half of 2017 …

POSTED JULY 24, 2017 4:28 PM
Louisiana’s Centauri National Insurance Earns Demotech ‘A’ Rating
Louisiana-based Centauri National Insurance Co. has earned a Financial Stability Rating (FSR) of A, Exceptional, from Demotech Inc. This level of FSR is assigned to insurers who possess exceptional financial stability related to maintaining positive surplus as regards policyholders, liquidity of …

POSTED JULY 24, 2017 4:24 PM
Louisiana Plans Multiple Storm Mitigation Projects
Louisiana will spend nearly $277 million in federal cash it received after last year’s floods to fortify communities against future disasters, mainly through drainage improvements and buyouts of flood-prone properties. Gov. John Bel Edwards is traveling the state to announce …

POSTED JULY 24, 2017 4:20 PM
Houston’s Dean & Draper Promotes Smith to Leadership Team
Houston-based Dean & Draper Insurance Agency LP has promoted Stephen B. Smith to executive vice president, chief operating officer and limited partner over its group of agencies. For the past year Smith has served as executive vice president of Soules …

POSTED JULY 24, 2017 4:15 PM
Ohio County Spends $200K on Cyber Insurance
The Ohio county that includes the capital city of Columbus is spending $200,000 on an insurance policy to cover cyberattacks. The Columbus Dispatch reports Franklin County’s $10 million policy will provide protection for the increasing worldwide threat. The Franklin County …

POSTED JULY 24, 2017 4:11 PM
Firefighters Gain Ground on California Fire
Firefighters are bracing for the possibility of dry lightning as they battle a stubborn blaze that has scorched nearly 120 square miles near California’s Yosemite National Park. The wildfire burning in the Sierra Nevada foothills was 50 percent contained Monday. …

POSTED JULY 24, 2017 3:14 PM
$3.1M Sex Abuse Suit Filed by Former Altar Boy Against Oregon Church
A former altar boy at a Portland, Ore. church has filed a $3.1 million lawsuit against the church contending he was repeatedly sexually abused by a choir director in the early 1960s. The Oregonian/OregonLive reported that the Portland man now …

POSTED JULY 24, 2017 3:11 PM
Colorado Wildfire Evacuation Order Lifted in Foothills
Authorities have lifted evacuations prompted by a wildfire burning near a heavily populated area in Colorado. The fire burned almost half a square mile of brush-covered foothills south of Fort Collins, triggering an evacuation south of Horsetooth Reservoir that was …

POSTED JULY 24, 2017 3:04 PM

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