Carlyle Group LP, CVC Capital Partners and KKR & Co. are among suitors that have made first-round bids for Onex Corp.’s USI Insurance Services, according to people familiar with the matter. The initial offers value the Valhalla, New York-based insurance …
The Workers’ Compensation Appeals Board has adopted its final rules of practice and procedure implementing Senate Bill 1160, which passed last year. The Office of Administrative Law has filed the WCAB’s new rules with the Secretary of State. The new …
American Insurance Alliance of Barnhart, Mo., recently joined Valley Insurance Agency Alliance (VIAA), a network of more than 100 independent insurance agencies in Missouri and Illinois. American Insurance Alliance is a full-service insurance agency founded in 2016 that specializes in …
Texans would no longer be allowed to sue doctors for a “wrongful birth” under a bill approved unanimously by the Senate State Affairs Committee. According to the announcement released by the Senate, wrongful birth suits are based on an accusations …
The full Senate has approved legislation to transfer oversight of Oklahoma’s Compulsory Insurance Online Verification System (OCIVS) for motor vehicle liability policies from the Department of Public Safety (DPS) to the Oklahoma Insurance Department (OID). Senate Bill 115, authored by …
A.M. Best has upgraded the Financial Strength Rating to B+ (Good) from B (Fair) and the Long-Term Issuer Credit Rating to “bbb-” from “bb+” for the members of the Oklahoma Farm Bureau Group: Oklahoma Farm Bureau Mutual Insurance Co. and …
Willis Towers Watson has appointed Imran Qureshi to head the company’s U.S. Midwest region. In his new role, Qureshi will be responsible for managing and growing the company’s business and client relationships across the Midwest. In addition, he will join …
Hundreds of bridges in northwest Missouri and northeastern Kansas are being called “structurally deficient.” The St. Joseph News-Press reports that the National Bridge Inventory Database defines a structurally deficient bridge as having one or more structural defects that require attention. …
Karl Siegfried, Senior Vice President of Loss Control & Safety Services at Portland, Maine-headquartered MEMIC Group recently spoke with Insurance Journal about the safety management team that is in place at MEMIC and the ways in which it seeks to …
Wildlife refuge officials say a man with a drone caused 1,500 elk to stampede half a mile through the snow. The stampede happened Monday at the National Elk Refuge in western Wyoming. Elk and bison often congregate at the refuge …
