February 3, 2021
Higginbotham, an independent insurance firm based in Fort Worth, Texas, and Vaughan Insurance Group, a commercial insurance firm in Tulsa, Oklahoma, have merged operations. This gives Higginbotham a second location in Oklahoma, where it opened its first out-of-state office in …
February 3, 2021
AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” to Pekin Select Insurance Co. (PSIC), headquartered in Pekin, Ill., a subsidiary of Pekin Insurance Group (Pekin). The outlook is stable. …
February 3, 2021
Gisele Norris has joined global insurance broker Marsh to lead its U.S. Healthcare Practice. In this role, Norris is responsible for the delivery of health care risk management knowledge, expertise, and transactional services to clients across the U.S. Norris joins …
February 3, 2021
TrustLayer, developer of a proof-of-insurance risk management platform, has raised $6.6 million in seed funding from venture investors, insurance brokers and others. “Verification of insurance and business credentials is a pain point for millions of businesses and demands a solution …
February 3, 2021
The California-based multi-level marketing business LuLaRoe is paying $4.75 million to settle allegations from the Washington state Attorney General’s Office that it operated as a pyramid scheme. LuLaRoe sells leggings and other clothing to a network of independent retailers, who …
February 3, 2021
Montana House lawmakers voted this week to advance a bill that would protect businesses and health care providers from coronavirus-related lawsuits, a step the Republican governor said was necessary to remove a statewide mask mandate. Gov. Greg Gianforte endorsed the …
February 3, 2021
Google will pay $2.6 million to more than 5,500 employees and past job applicants to resolve allegations that the internet giant discriminated against female engineers and Asians in California and Washington state. The settlement announced Monday closes a 4-year-old case …
February 3, 2021
Maury, Donnelly & Parr Inc. (MDP) and the Kastendike Insurance Group (KIG) has acquired Connecticut-based Northeastern Underwriters LTD. (NEU). The transaction became effective January 1, 2021. As part of the transaction, NEU will continue to work out of its existing …
February 3, 2021
New York may have undercounted COVID-19 deaths among nursing home residents by thousands, the state attorney general charged in a report Thursday that dealt a blow to Governor Andrew Cuomo’s oft-repeated claims that his state is doing better than others …
February 3, 2021
USG Insurance Services Inc., a national wholesaler and managing general agency (MGA), has hired Edwin Tejada as a producer/broker for commercial lines in the Philadelphia, Pennsylvania, branch. Tejada joins the USG team with eight years of experience in the insurance …