Lessor Avolon Reports $304M Impairment Over Seized Russian Aircraft May 4, 2022 Major aircraft lessor Avolon recorded a first-quarter impairment of $304 million to cover the full financial impact of having 10...
Another Strems Law Firm Attorney Suspended by Florida Supreme Court May 4, 2022 Fallout from the infamous Strems Law Firm’s litigation practices in Florida continues. Two years after Coral Gables plaintiffs’ attorney Scot...
BXS Insurance Morphing to Cadence After Mississippi-Texas Bank Merger May 4, 2022 The nation’s second-largest bank-owned insurance brokerage, BXS Insurance, is changing its brand name to Cadence Insurance, the company announced. The...
Insurtech Joyn Adds Business Coverages in Five Western States May 4, 2022 Insurance technology company Joyn Insurance Services Inc. announced that it will offer coverage in an additional five states for effective...
Death of Boston Subway Patron Blamed on Faulty Door System May 4, 2022 A passenger door on a Boston subway car did not function properly when a man got his arm stuck in...
AIG Q1 Net Income Up as Underwriting Profit Soars May 3, 2022 First quarter underwriting profit soared as AIG reported net income of $4.25 billion compared with $3.87 billion during the 2021...
Texan Insurance Acquires Marek in Texas May 3, 2022 Texan Insurance acquired Marek Insurance effective Jan. 31, 2022 in an all-cash transaction. Crosby, Texas-based Marek is Texan’s second agency...
Keystone Adds Texas’ Trimble-Batjer to Network May 3, 2022 Keystone Insurers Group named Trimble-Batjer Insurance Associates, LLP of San Angelo and San Antonio, Texas to its growing network of...
People Moves: Oberg Joins S&S Marine; UFG Surety Adds Kyner, Virginia Office May 3, 2022 Oberg Joins S&S as Commercial Account Executive Rhode Island-based Starkweather & Shepley Insurance Brokerage (S&S) reports that Nathan Oberg has...
2 Tornados Spotted in NE Illinois; Minimal Damage Reported May 3, 2022 At least two twisters reportedly touched down briefly as part of a storm system that rolled across northeastern Illinois. One...