Topa in California Names Fabela President of Dorchester

Calabasas, Calif.-based Topa Insurance Group announced that Jim Schallert, president of Dorchester Insurance Co., retired effective Dec. 31, 2017. Theresa Fabela has assumed the role as president of Dorchester. Fabela joined Dorchester in 2016 as vice president of Caribbean operations. Theresa Fabela She has 20 years of experience in the insurance industry. Prior to joining […]

JLT Specialty Names Morgenstein Senior Vice President in California

JLT Specialty USA has named Art Morgenstein senior vice president. Based in Los Angeles, Calif., Morgenstein will be primarily responsible for client servicing and growth initiatives in the West. Morgenstein has more than 38 years of insurance industry experience and has held several senior leadership, underwriting and account executive positions at various brokerage firms and […]

New Year Brings Pot Legalization to California

The arrival of the new year in California brought with it broad legalization of marijuana, a much-anticipated change that comes two decades after the state was the first to allow pot for medical use. The nation’s most populous state joins a growing list of other states, and the nation’s capital, where so-called recreational marijuana is […]

Property Reinsurance Rates Rise Less Than Expected in Jan. 1 Renewals

Global property reinsurance prices have risen less than expected in the key Jan. 1 renewal season, with strong competition limiting increases to single digit percentages following a record year of losses, brokers said on Tuesday. Catastrophe bond managers are launching new funds and hedge funds have bought reinsurance stocks to benefit from expected double-digit price […]

Oklahoma Workers’ Comp Commission Makes Organizational Changes

The Workers’ Compensation Commission (WCC) has updated its organizational chart and changed the names of an internal division and a working group. The commission reported that the changes reflect an effort to more accurately inform the public about the actual services it provides. The Insurance Services Division is now named the Permitting Services Division. The […]

Central Ohio Counties to Get 911 Texting Capability

Central Ohio residents with emergencies will soon have the option to text 911 in addition to placing a call. Local governments in Delaware and Franklin counties plan to test technology in the first three months of 2018 allowing the emergency texts, the Columbus Dispatch reports. The Columbus area joins a few other municipalities in Ohio […]

Seeman Holtz Acquires Houston’s Dash Insurance Agency

Boca Raton, Florida-based Seeman Holtz Property & Casualty Inc. has acquired Dash Insurance Agency, headquartered in Houston, Texas. Dash Insurance Agency provides full auto and liability insurance products and services in Houston, Dallas and Fort Worth, Texas, and surrounding areas. Dash Insurance will be joining the Seeman Holtz Primera Capital team in Texas. Seeman Holtz […]

Freight Train Collision in Alabama Injures 4

Two freight trains collided in rural Alabama, injuring four people on board. The Tuscaloosa News reports that that the collision happened Thursday afternoon in Pickens County. The sheriff’s office told the newspaper that four people were seriously injured and were airlifted to a Birmingham hospital. Pickens County Emergency Management Agency Director Ken Gibson said the […]