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

Commercial Insurance Prices Continue Steady Increase, Towers Watson Survey Shows

Commercial insurance prices rose by 6 percent in aggregate during the second quarter of 2013, marking the 10th consecutive quarter of price increases, according to the latest Commercial Lines Insurance Pricing Survey (CLIPS) conducted by global professional services company Towers …

3 Sentenced for Fire at Well-Known Kansas City Restaurant

The former part-owner of Kansas City’s Hereford House restaurant has been sentenced to 15 years in prison for arranging an arson fire that destroyed the downtown Missouri landmark. The U.S. Attorney’s office says 60-year-old Rodney Anderson won’t be eligible for …

Commercial Lines Insurers Investing in Technology in Hyper-Competitive Market

Commercial insurers are continuing to aggressively invest in technology across functional areas in order to survive in a highly competitive marketplace, according to a report released by Novarica. The report, Business and Technology Trends: Commercial Lines, includes data on the …

Nautilus Insurance Group Enters Personal Umbrella Market

Nautilus Insurance Group announced that it will open a new office in California to begin writing personal umbrella and related coverages nationwide. Ann Boman-Clark has been named vice president, underwriting – personal umbrella. She has more than 35 years of …

Truck Inspections Begin for Colorado Chain Laws

It’s that time of year again. The Colorado State Patrol is already enforcing chain laws for trucks crossing the Rocky Mountains. Colorado’s chain law requires commercial vehicles that weigh more than 26,000 pounds to carry tire chains from Sept. 1 …

No One Hurt in Massachusetts Building Facade Collapse

The brick facade of a Somerville, Mass., building that houses two restaurants has crashed to the ground while diners were inside one of them enjoying breakfast. There were no injuries. Police say the facade on Beacon Street collapsed onto the …

Mississippi Man Indicted for Workers’ Comp Fraud

A Jasper County, Miss., man has been indicted on charges of workers’ compensation fraud. Attorney General Jim Hood on Monday said 55-year-old David Myrick Cox, of Louin, surrendered to investigators with his office’s Insurance Integrity Unit at the Jasper County …

Toyota Again Recalling 880,584 RAV4, Lexus Sedans

Toyota is recalling 880,584 RAV4 SUVs and Lexus HS 250h sedans in the U.S. and Canada because a repair announced last year may not have solved a safety problem. RAV4s from the 2006 through 2011 model years and the Lexus …

Missouri County Sues Over Botched Performance

Saint Charles County is suing the Ringling Brothers circus act over a short-circuited performance of Disney on Ice caused by a blown transformer. The Missouri county wants Barnum & Bailey Combined Shows, Inc., along with two subcontractors and an unnamed …

Connecticut Ride Malfunction Under Investigation

An amusement ride at that malfunctioned at a Connecticut fair, injuring 18 people, will be taken apart in an effort to determine what caused the accident, the ride’s owner said Monday. Meanwhile, Connecticut state police said the owner, Stewart Amusement …