Monthly Archives: <span>March 2022</span>

Report from California Watchdog Group Calls for Privacy Protections from Connected Cars

A new report from a consumer group calls out what it says are privacy problems posed for consumers from connected cars and it points to new rules to be developed in California as a potential model across the country. Secret …

Relation Acquires Wisconsin’s Woller-Anger

Relation Insurance Services, Inc. announced it acquired the assets of Wisconsin-based Woller-Anger & Company. Terms of the transaction were not disclosed. Woller-Anger & Company is a full-service retail insurance agency, and offers commercial lines, personal Ines, and life & health …

Applied Underwriters New Omaha, Nebraska Headquarters Tops Out

Applied Underwriters’ mixed-use, 500-acre development on land formerly part of Boys Town in Omaha, Nebraska reached a milestone in its construction Tuesday as the company’s own operational headquarters on the site was topped out. Topping out refers to when the …

Georgia Tree Company Supervisor Pleads Guilty in Murder of Whistleblowing Worker

A man who helped supply undocumented and uninsured immigrant labor to a tree removal company in Georgia has pleaded guilty to aiding in the 2017 murder of a worker who tried to blow the whistle on the practices. Federal prosecutors …

Texas’ Skyward Specialty Expands D&O Solutions for Non-Standard HOA Market

Houston, Texas-based Skyward Specialty Insurance Group, Inc. is expanding its Management Liability solutions by offering targeted directors and officers (D&O) coverage to Non-Standard Non-Profit Condominium and Homeowner Associations (HOA). With the new coverage, Skyward Specialty says board members of non-standard, …

AM Best Assigns Oklahoma’s Bricktown Specialty Excellent Rating

AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Bricktown Specialty Insurance Company (BSIC) of Oklahoma City, Oklahoma. The outlook assigned to these Credit Ratings (ratings) is stable. …

South Dakota Hires Firm to Track Cannabis From Seed to Sales

The South Dakota Department of Health has hired a New York-based software company to help monitor the flow of marijuana in the state’s legal medical marijuana market. The Argus Leader reports the contract with Metrc was finalized this month. Metrc …

U.S. SEC Proposes Boosting Blank-Check Company Disclosures, Liability

Proposal requires SPACs disclose conflicts during, after listing Disclosures must be issued at least 20 days before deal vote Rule would strip SPACs of legal safe harbor for projections Wall Street’s watchdog on Wednesday unveiled a draft new rule to …

No Florida Special Session for Months, but OIR Moves to Allow Roof Deductibles

A special insurance-reform session of the Florida Legislature probably won’t happen before November, when a new House speaker takes office. But the state’s insurance regulators are taking steps on their own to help cut the cost of roof claims. At …

New York Insured’s Lies About Pool Voided Coverage for Apartment Building Fire

Union Mutual Fire Insurance Co. was within its rights to rescind insurance coverage for a New York apartment building fire after learning that the insured lied about having a swimming pool—on more than one occasion. A New York appeals court …