Monthly Archives: <span>March 2025</span>

Argo Group Promotes CFO Donahue to CEO; Chan Now CFO

Specialty insurer Argo Group International Holdings said it has named Chris Donahue as chief executive officer. Donahue joined as chief financial officer in November 2023 – the same month Brookfield Reinsurance completed its acquisition of Argo Group. Also at this …

Air Lease Corp. Gets $329 Million Insurance Payout for Jets Stranded in Russia

Aircraft lessor Air Lease Corp. said on Monday it has received $328.5 million in cash, as part of certain insurance settlements related to its aircraft which were blocked from leaving Russia after the country’s invasion of Ukraine. Before the invasion …

NHTSA Opens Probe Into Nearly 1.3 Million Ford F-150 Trucks

The National Highway Traffic Safety Administration is investigating nearly 1.3 million Ford F-150 pickup trucks in the United States over reports of an unexpected gear downshift accompanied by a temporary rear wheel lock-up. NHTSA said Monday it is opening a …

Oregon DOJ Clears Way for New Ag Worker Housing Safety Rules in Oregon

The Oregon Occupational Safety and Health Division acted within its legal authority when adopting enhanced safety and health regulations for agricultural labor housing, the Oregon Department of Justice confirmed. The clarification for OSHA dispels doubts regarding the division’s capacity to …

Alabama Senate Advances New Regs on Pharmacy Benefit Managers

MONTGOMERY, Ala. (AP) — Two blocks from the Alabama Statehouse, a black wreath hung on the door of Adams Drugs — a symbol to draw attention to the number of neighborhood pharmacies that have closed, or are in danger of …

New Hampshire Settles Youth Center Abuse Claim for $10 Million

The New Hampshire attorney general’s office has agreed to a $10 million settlement in the case of a man who alleged that he was gang-raped in a stairwell at the state’s youth detention center in the 1990s. Michael Gilpatrick’s lawsuit …

Georgia Lawmakers Approve Major Tort Reform, Overhaul of Legal System

ATLANTA (AP) — Republican Gov. Brian Kemp’s measure to limit lawsuits in Georgia received House approval Thursday, poising the state’s litigation landscape for a controversial overhaul after a lengthy lobbying campaign. Supporters of the bill say it will stop “frivolous” …

Gallagher’s Risk Placement Services Acquires Litchfield Special Risks

Arthur J. Gallagher division Risk Placement Services acquired El Paso, Texas-based Litchfield Special Risks Inc. Bill Brenton and his team will remain in their current location under the direction of Ash Thomas, vice president of the Western Region for RPS. …

Fidelis Partnership Launches International Casualty MGA, Writing Primary, Excess Cover

Pine Walk Capital Ltd., the specialist MGA platform and wholly owned subsidiary of The Fidelis Partnership (TFP), announced the launch of an international casualty MGA called Sevanta Specialty Liability Ltd. Sevanta will focus on niche international specialty liability, writing business …

Auto Insurer Root to Pay New York $975K Over Data Breach

New York Attorney General Letitia James has secured $975,000 in penalties from auto insurance company Root over a data breach that the state says exposed the personal information of about 45,000 New Yorkers. Root does not offer insurance in New …