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AIG Completes $5.5 Billion Acquisition of Validus
American International Group Inc. said it has completed its acquisition of Bermuda reinsurer and specialist insurer Validus Holdings. The $5.56 billion all-cash transaction was first announced in January, about eight months after Brian Duperreault took over at AIG as president …

POSTED JULY 19, 2018 12:46 AM
WSS California Operation Adds Bertram, McLeod
WSS, part of XPT, a new specialty insurance distribution company, has named Lynn Bertram senior broker/underwriter in the commercial lines department, while Stefanie McLeod will serve as vice president and senior production underwriter in the personal lines department. Bertram previously …

POSTED JULY 18, 2018 10:43 PM
Paragon Opens New Office in California, Adds Etzler as Director of Workers’ Comp
Paragon Insurance Holdings LLC is expanding in San Diego, Calif. with the opening of a new office in downtown and the hiring of Robert Etzler. He will serve as senior vice president and director of workers’ compensation. Prior to joining …

POSTED JULY 18, 2018 10:41 PM
Worker Killed at North Carolina Campbell’s Soup Plant
Oan has died and another was hurt when a trash container fell off a forklift at a soup plant in North Carolina. The Robeson County Sheriff’s Office told news outlets that 59-year-old Alex Radford of Laurinburg died late Sunday morning …

POSTED JULY 18, 2018 4:45 PM
EPIC Insurance Brokers Adds Close to Energy Construction Practice in Alabama
EPIC Insurance Brokers and Consultants has tapped Josh Close as client services coordinator in the firm’s Birmingham, Ala.-based national energy construction practice, reporting to EPIC Principal Brian Tanner. Close will be involved in all aspects of client support, account rounding …

POSTED JULY 18, 2018 4:42 PM
Fire Sparked by Air Conditioning Unit at Tennessee Assisted Living Facility Injures 1
A fire official says a blaze at a Tennessee assisted living facility injured one person and led to dozens of others being evacuated from the building. Officials told news outlets that an air conditioning unit caught fire Monday night in …

POSTED JULY 18, 2018 4:36 PM
Alabama Farmer Pleads Guilty in $919K Crop Insurance Scam
Authorities say an Alabama farmer has acknowledged falsifying documents that allowed him to receive $919,000 in crop insurance money he wasn’t entitled to. The Dothan Eagle reported last month that Dexter Day Gilbert pleaded guilty recently to submitting false applications …

POSTED JULY 18, 2018 4:33 PM
Police Close to Decision on Charges in Fatal Wisconsin Blast
Police say they’ll soon decide whether to recommend prosecutors file charges in connection with a natural gas explosion that killed a Wisconsin firefighter. Authorities say a construction crew struck a gas main in downtown Sun Prairie on July 10, resulting …

POSTED JULY 18, 2018 3:33 PM
Oklahoma Attorney General Assembles Team of Lawyers over Marijuana Rules
Oklahoma’s attorney general says he’s assigning a team of lawyers to advise him on matters surrounding the Board of Health’s decision to insert last-minute restrictions on the state’s new medical marijuana industry. Attorney General Mike Hunter announced his intentions in …

POSTED JULY 18, 2018 3:30 PM
Monsoon Brings 100-Year Flooding Event to Arizona
The National Weather Service says the storm that swept across northern Arizona over the weekend amounted to a 100-year event. The Arizona Daily Sun reported that those types of storms have a 1 percent chance of happening every year and …

POSTED JULY 18, 2018 3:21 PM

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