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

‘It’s Not Been Fun’: Cyber Insurance Brokers Seek Consistency as Hard Market Settles

Alexandra Bretschneider said it feels like she has been a part-time grim reaper the last two years. The cyber practice leader at broker Johnson, Kendall & Johnson said, “I am just constantly delivering bad news.” Providing a perspective of the …

Georgia Doc Sentenced in Scheme That Implicated Former Insurance Commissioner

An Atlanta-area physician and owner of medical clinics has been sentenced to 36 months in prison for defrauding health insurance companies, a scheme that also has led to the indictment of former Georgia Insurance Commissioner John Oxendine. Dr. Jeffrey Gallups …

Family Sues Bowling Green in Ohio in Hazing Death

The family of a student who died from alcohol poisoning while pledging a fraternity sued Bowling Green State University, alleging the Ohio school knew about but didn’t stop hazing in Greek life there and should be held responsible. The university …

More Federal Wildfire Recovery Aid Available For New Mexico

U.S. President Joe Biden authorized an increase in funding for debris removal and other emergency measures being taken as a result of a historic wildfire season in New Mexico that stemmed partly from missteps by federal forest managers in starting …

Stealth Partner Group Releases June 2022 Stop-Loss State of the Market Report

Charlotte, N.C. (June 29, 2022) – Stealth Partner Group, an Amwins company and premier stop-loss general agency, released its State of the Market report, providing up-to-date market intelligence on health care and employer stop-loss trends, effects of COVID-19 on the …

People Moves: BMS Promotes Gormley to UK CEO; Schepers Named Head of WTW Insurance Consulting and Technology as Underwood Retires

This edition of International People Moves details appointments at the brokers BMS and Willis Towers Watson (WTW). A summary of these new hires follows here. BMS Promotes Gormley to UK CEO BMS, the London-based independent specialist re/insurance broker, announced that …

U.S. Power Companies Face Supply-Chain Crisis This Summer

U.S. power companies are facing supply crunches that may hamper their ability to keep the lights on as the nation heads into the heat of summer and the peak hurricane season. Extreme weather events such as storms, wildfires and drought …

Florida Driver Could Get $12M After Insurer Did Not Respond to Settlement Offer

A Florida accident victim gets a second chance to compel an auto insurer to pay a $12.7 million judgment after the insurer failed to respond to a $10,000 settlement offer, a federal appellate court ruled Tuesday. A divided panel of …

Cross Insurance Acquires Benefits Agency in Massachusetts

Maine-based insurance agency Cross Insurance has reported its acquisition of Northern Benefits of Massachusetts. Northern Benefits of Massachusetts, based in Marlborough, specializes in customized benefits brokerage and compliance awareness for small and mid-sized companies in Massachusetts. Northern Benefits offices will …

FEMA to Send Connecticut $1.3M for May Storm Recovery

The Federal Emergency Management Agency will be sending nearly $1.3 million to the state of Connecticut to reimburse it for the administrative costs of recovering from the tornadoes and storms that struck the state on May 15, 2018. A line …