Definity’s McDougall Insurance Brokers to Acquire Canada’s Drayden Insurance June 30, 2023 McDougall Insurance Brokers Ltd., the Belleville, Ontario-based subsidiary of Definity Financial Corp., announced it has entered into a definitive agreement...
People Moves: Aon Promotes 4 in Global Reinsurance Clients Team; NFP Hires Perkins to Lead N. America Trade Credit & Political Risk Practice June 30, 2023 This edition of International People Moves details appointments at brokers Aon and NFP. A summary of these new hires follows...
Michigan-Based Auto Quality Control Company Sued for Sex Discrimination and Retaliation June 30, 2023 Formel D USA, Inc., an automotive quality control company with locations in Taylor, Michigan and Toledo, Ohio, violated federal law...
Indiana Department of Insurance Launches Site for Reporting Cybersecurity Events June 30, 2023 The Indiana Department of Insurance (IDOI) launched a new online form for insurers and entities to cybersecurity events. The online...
Insurtech Root Says it Has No ‘Actionable’ Bid June 30, 2023 Root Inc. said Thursday that it does not currently have an actionable bid for its acquisition. Thursday’s statement was issued...
GEICO to Pay $805K to Settle Overtime Wage Disputes With Claims Adjusters June 30, 2023 Insurer GEICO has agreed to pay $805,000 total to settle class action lawsuits by claims adjusters alleging they were entitled...
IIHS: Safety Concerns for Small Pickup Rear Seated Passengers June 30, 2023 The latest crash tests by the Insurance Institute for Highway Safety reveals most small pickups fall short when it comes...
People Moves: McGriff Names Ledford Strategic Growth Officer June 30, 2023 The insurance broker McGriff, part of Carolina-based Truist Insurance Holdings, has hired Rodney Ledford as strategic growth officer for its...
California Insurance Commissioner Awards $50M in Grants to Fight Fraud June 30, 2023 California Insurance Commissioner Ricardo Lara awarded $50,545,239 in grants to 34 district attorney offices representing 44 counties in the state...
GEICO Suit Alleges $1.8M in Fraudulent Billings by New Jersey Healthcare Providers June 30, 2023 Insurer GEICO is suing to recover more than $1.8 million in allegedly fraudulent and unlawful no-fault insurance charges it says...