Monthly Archives: <span>November 2024</span>

6 Variations on Producer Licensing for Travel Lines

This post is part of a series sponsored by AgentSync. You and your bestie booked a once-in-a-lifetime cross-country train trip to celebrate your biggest professional accomplishment to date. What could go wrong? Sadly, an emergency appendectomy derails your plans two …

CrowdStrike Falls After Disappointing Earnings Outlook

CrowdStrike Holdings Inc. issued a weaker-than-expected earnings forecast, disappointing investors who have been watching for signs that the cybersecurity company has recovered from a flawed update that crashed computers around the world. Adjusted earnings will be 84 cents to 86 …

After Tens of Billions in Insured Losses, Record-Breaking Hurricane Season Ends

The 2024 Atlantic hurricane season ends Nov. 30 after 18 named storms including the earliest Category 5 storm on record, and possibly one of the costliest hurricanes to the insurance industry. Of the 18 named storms, 11 were hurricanes and …

Truliant Insurance Acquires Atkins & Associates in Greenville, South Carolina

Truliant Federal Credit Union and its Truliant Insurance subsidiary has acquired Atkins & Associates Insurance Agency in Greenville, South Carolina, expanding the firm’s presence in the Southeast. Atkins has been in operation for 16 years. Tory Atkins is principal. Truliant …

Tennessee Sees Big Jump in Insurance Producer Licenses in Recent Years

Tennessee has seen a 25% jump in the number of insurance producer licenses in the past five years, an increase that regulators have attributed to a population boom in the state and easy access to producer exams. The state now …

Florida Appeals Court Nods Enforceability of Forum Selection Clauses in PIP Cases

Nearly every insurance policy has a forum selection clause and nearly every opposite party wants to avoid them at all costs in hopes of finding a more favorable venue. A new opinion from Florida’s 3rd District Court of Appeal, Open …

People Moves: LP Insurance Services in Nevada Names Drach IT Director

LP Insurance Services LLC named David Drach director of information technology. His role includes overseeing the IT team and interacting with external IT partners, as well as advising leadership in the development and execution of technology strategies. Drach has more …

New Mexico City Reaches $20M Settlement in Death of Woman Shot by Officer

A city in New Mexico has reached a $20 million settlement with the family of a woman who was shot and killed by a police officer now charged with second-degree murder. Teresa Gomez, 45, was fatally shot in October 2023 …

World Insurance Acquires New England’s NorthStar Insurance

National insurance broker World Insurance Associates LLC reports it acquired NorthStar Insurance Services of Needham, Massachusetts on July 1, 2024. Terms of the transaction were not disclosed. NorthStar was founded in 1995 and is one of New England’s largest insurance …

New York High Court Upholds Uber Arbitration Mandate For Previously-Filed Injury Case

In a 5-2 decision, New York State’s high court this week upheld Uber’s “clickwrap” agreement requiring arbitration of all disputes in a case of a passenger who was injured by another vehicle after exiting an Uber car. The woman had …