After a dramatic downturn in the second quarter of 2020 due to the coronavirus pandemic, merger and acquisition (M&A) deal volume soared to record highs in the second half of the year. This was mirrored in growth of transactional risk …
A new partnership between specialty wholesaler CRC Group, 5Star Specialty Programs and life insurer subsidiary Pan-American Benefit Solutions (PABS), will focus on offering workers’ compensation coverage for the trucking industry. The offering is part of PABS’s capacity expansion to writing …
Alera Group has acquired Behling Insurance Agency Inc. in Utah. Terms of the deal were not disclosed. Behling provides personal and commercial property/casualty insurance solutions across three locations in Utah and Montana. Behling also specializes in creating insurance solutions for …
State Farm is returning $400 million to California mutual auto insurance customers due to better than anticipated claim results, the company announced this week. The announcement comes as the California Insurance Commissioner Ricardo Lara on Thursday said insurers in California …
A Michigan man who spent nearly five years in custody is suing a car rental company for failing to produce in a timely manner a receipt that would have proved his innocence long before he was convicted of a 2011 …
Nashville officials are seeking a $2.25 million settlement with the family of a Black man who was fatally shot by a white Nashville police officer from behind during a 2018 foot chase, Mayor John Cooper’s administration said in a news …
State police have arrested a Louisiana woman accused of selling fraudulent auto insurance policies. The majority of the victims saw the woman’s advertisement for automobile coverage on Facebook Market Place, according to the Louisiana State Police (LSP). The LSP’s Insurance …
A bill that would make South Carolina the 48th state in the nation to pass a hate crime law started its journey through the Statehouse on Tuesday. The proposal to allow harsher penalties for killings, assaults, stalking, vandalism and other …
Insurers in California continued to overcharge drivers despite reduced risk of accidents during the pandemic, according to a report released today by Insurance Commissioner Ricardo Lara. Lara ordered auto insurance companies to return a percentage of paid premiums in April, …
A paraplegic inmate at a St. Louis, Mo., jail hasn’t been able to shower for more than five months because the facility isn’t equipped to accommodate people who need wheelchairs, advocacy groups argue in a new federal lawsuit. Anthony Tillman, …
