Monthly Archives: <span>January 2013</span>

Alaska Officials Say Earthquake Damage Inspected

Juneau, Alaska, officials say the powerful earthquake that struck southeast Alaska late Friday night was possibly to blame for damage to a sewer line and two water valves. KINY says mainline sewer pipe at Mendenhall Loop and Back Loop Road …

Geico Plans to Hire 300 New Associates in Arizona

Geico, a member of the Berkshire Hathaway family of companies, plans to hire 300 new associates at the company’s regional office in Tucson, Ariz. The hires will include associates to fill new positions, and to make up for attrition. The …

Geico Offering Lowered Rates for Commercial Auto Insurance Plans in New Jersey

New Jersey business owners may now purchase commercial auto insurance directly from Geico, according to Seth Ingall, regional vice president. “Geico is already the leading auto insurer in New Jersey, and because we are now writing commercial auto insurance in …

EagleEye Analytics Hires Insurance Industry Expert

EagleEye Analytics, a provider of predictive analytics for the property/casualty industry, named Doug McCracken senior vice president of sales and marketing. McCracken has more than 20 years of experience in sales, marketing, pricing and management, and has held executive positions …

Pennsylvania Insurance Department Reports Record Year for Fines and Restitution

The Pennsylvania Insurance Department collected a record of nearly $18 million in fines and $13.4 million in restitution in 2012. The collections were from enforcement and market conduct actions, as well as 10 multi-state examinations where Pennsylvania was a lead …

Uninsured Drivers Costs Oklahoma $8.8M a Year

A new evaluation by the Oklahoma Insurance Department (OID) found that the state of Oklahoma is losing $8.8 million a year in premium taxes from drivers who fail to obtain the state-required minimum coverage for auto insurance. “When people break …

Atlantic Specialty Lines Announces New Office in South Florida

Miramar, FL, 01/08/13 – Atlantic Specialty Lines announces the opening of their newest office located in South Florida. The office in Miramar will be led by Nancy Riveron and Marianne Correa. ASL is looking to better serve their South Florida …

NGE Launches Windshield Protection Plan

The National Glass Exchange (NGE) has launched its Windshield Protection Plans in markets across the nation. The plans supplement existing auto insurance and provide for repair or replacement of the covered vehicle’s windshield. “This is a completely new product in …

As Dry Soils Shrink, Southern Minnesota Homes Sink

As the drought deepens, homeowners across southern Minnesota are reporting shifting foundations and cracks in basements and walls. The dry conditions effectively have been locked into the frozen soil. And as dry soils shrink, homes sink. Insurance typically doesn’t cover …

Shipping Losses Up in 2012 But Down Over 10-Years: AGCS Report

There have been 106 ship losses reported worldwide in the 12 months since last to November 25 – an increase of 91 ships from the previous year but a 27 percent decrease on the 10- year average of 146 ships …