Business Moves: NSM Completes Sale of Commercial Division to New Mountain Capital; Compre Buys Covea’s CSE Group April 17, 2025 Specialty insurer NSM Insurance Group said it has completed the sale of its U.S. commercial insurance division to investment firm...
China Bans ‘Smart’ and ‘Autonomous’ Driving Terms From Vehicle Ads April 17, 2025 China is banning automakers from using the terms “smart driving” and “autonomous driving” when they advertise driving assistance features, and...
New York Inspector Uncovered $2.7 Million in Workers’ Compensation Fraud in 2024 April 17, 2025 New York State’s Inspector General said her office identified $2.7 million in workers’ compensation fraud in 2024, a nearly 30%...
California Sets Aside $170M to Thin Vegetation, Forests to Help Prevent Wildfires April 17, 2025 Gov. Gavin Newsom signed new legislation on Monday that will provide more than $170 million in state funding to help...
People Moves: Samsom Named Commissioner of Vermont Financial Regulation April 17, 2025 Vermont Governor Phil Scott recently announced several leadership appointments including Kaj Samsom as commissioner of the Department of Financial Regulation...
Kentucky Tobacco Warehouse Manager Indicted in Crop Insurance Fraud Scheme April 16, 2025 Prosecution of widespread crop insurance fraud in Kentucky has continued with the indictment of a tobacco warehouse manager who allegedly...
Wildfire Losses Increasing But Still Small Compared to Hurricanes: KCC April 16, 2025 Wildfire losses in the U.S. are increasing, but the risk is still considerably smaller than hurricanes, according to a new...
King Risk Acquires Watts Dawson Agency in Florida April 16, 2025 King Risk Partners, based in Gainesville, Florida, has acquired Watts, Dawson & Associates, an independent agency with offices in Temple...
St. Louis Man Sentenced to 18 Months in Prison for Staging Vehicle Accidents April 16, 2025 A St. Louis, Missouri man who allegedly defrauded insurance companies by staging vehicle accidents and injuries was sentenced to 18...
Inszone Acquires Kansas’ Munson Insurance Agency April 16, 2025 Inszone Insurance Services announce its second acquisition in the state of Kansas with the addition of Munson Insurance Agency, located...