September 30, 2019
Arthur J. Gallagher & Co. has signed a definitive agreement to acquire Bloomfield Hills, Michigan-based LSG Insurance Partners. Founded in 1968, LSG Insurance is an independent insurance, risk management and consulting services agency. LSG offers a broad range of employee …
September 30, 2019
Lloyd’s of London has unveiled a blueprint for action to facilitate its Future at Lloyd’s project, which aims to “build the most advanced insurance marketplace in the world.” This first blueprint, called “Blueprint One,” sets out six ideas of improved …
September 30, 2019
U.S. investigators who examined the burned-out wreckage of a scuba diving boat have not been able to determine what ignited a fire that killed 34 people off the California coast, a law enforcement official said Friday, but two inquiries are …
September 30, 2019
A task force created by Oregon Gov. Kate Brown says climate change, overstocked forests and understaffed fire teams have placed Oregonians in extreme risk, necessitating a multi-billion-dollar program to safeguard the state from calamity. The Statesman Journal reported the council …
September 30, 2019
The number of California workers’ compensation inpatient hospital stays fell 1.9 percent between 2017 and 2018, for a net decline of nearly 31 percent since 2010, a new study shows. A study from the California Workers’ Compensation Institute traces much …
September 30, 2019
Ex-insurance agent Yolanda De La Torre, 35, of Whittier, Calif., was arrested on Friday on one felony count of grand theft and one felony count of identity theft after allegedly collecting over $13,000 in insurance payments from 10 clients and …
September 30, 2019
A New Jersey jury last week ordered insurance data services firm Verisk to pay $125 million to aerial imaging firm EagleView for lost profits linked to Verisk infringing on various EagleView patents. The jury verdict in the U.S. District Court …
September 30, 2019
A state judge has denied the vaping industry’s request to delay a New York emergency ban on flavored e-cigarette sales. Acting state Supreme Court Justice Gerald Connolly on Friday refused to issue a temporary restraining order on the regulations approved …
September 30, 2019
The Board of the London Market Group (LMG) announced that the London Market Target Operating Model (LM TOM) has been wound down in its current form, having delivered the majority of proposed solutions, which are now in “run” mode and …
September 30, 2019
A Salem, Mass., man was indicted in connection with a scheme to set up a shell company to fraudulently collect benefits under a long-term care insurance policy, Massachusetts Attorney General Maura Healey announced. Benjamin Johnson, 47, was indicted by a …