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GM to Recall More Than 461,000 Vehicles Over Transmission Issues: NHTSA

General Motors will recall 461,839 vehicles over an issue with transmission, the National Highway Traffic Safety Administration said on Wednesday. The recall involves some models of 2020-2022 Chevrolet Silverado, GMC Sierra, 2021 Cadillac Escalade, Chevrolet Tahoe and GMC Yukon, among …

World Insurance Adds Skylands Insurance Group of New Jersey

National insurance broker World Insurance Associates reports it acquired the business of Skylands Insurance Group of Flanders, New Jersey on August 1, 2024. Terms of the transaction were not disclosed. Skylands was founded in 2017 and provides commercial and personal …

Italian Sea Group Says It Is Not Liable in Mike Lynch Superyacht Sinking

Italian Sea Group is not liable in relation to the fatal sinking of Mike Lynch’s superyacht, which killed the British tech billionaire and six others, its chief executive said on Tuesday. The Bayesian was built in 2008 by Perini Navi, …

People Moves: Schaper Is Now Permanent AIG CRO; NFP Appoints Boester Head of Sports and Entertainment Group; Galvin and Fujikawa Join Alliant’s Employee Benefits

American International Group said Christopher Schaper has been appointed chief risk officer of AIG. Schaper has held the role of chief risk officer on an interim basis since September, while also serving as AIG’s global chief underwriting officer. As chief …

People Moves: US Premium Finance Hires Malone From AFCO Direct

US Premium Finance, a division of Atlanta-based Ameris Bank, named Alan Malone director of sales and marketing. Malone has more than 30 years of experience in insurance premium finance. He was previously senior vice president and regional sales manager at …

Alphabet’s Waymo Opens Autonomous Ride-Hailing Service to All in Los Angeles

Alphabet’s Waymo said on Tuesday its autonomous ride-hailing service, Waymo One, is now available to everyone in Los Angeles, a sign of rapid growth and adoption of the technology. Waymo had closed a $5.6 billion funding round last month, as …

New Hampshire Landscaper to Pay Employees $310K in Wages, Damages

The U.S. Department of Labor (DOL) has recovered a total of $310,193 in back wages and liquidated damages from a Bedford, New Hampshire, landscaper and contractor who underpaid 60 employees. The fund recovery comes following an investigation by the DOL’s …

Inszone Acquires Springbrook Insurance Agency in California

Inszone Insurance Services acquired Springbrook Insurance Agency in San Diego, California. Charlene and John Drapp will be staying on after the transition to Inszone Insurance. Springbrook Insurance Agency offers insurance services with a primary focus on commercial lines and non-profit …

World Insurance Associates Expands in Louisiana, Texas With 5 Acquisitions

World Insurance Associates LLC (“World”), announced today that it acquired the business of five entities with locations across Louisiana and Texas on August 1, 2024. The agencies are The Firm of Louisiana P&C, LLC (Lake Charles), McFatter Insurance Agency, Inc. …

Hub Acquires Texas’ ANCO Insurance

Hub International Limited announced that it has acquired the assets of ANCO Insurance Managers, Inc. (ANCO Insurance). Terms of the transaction were not disclosed. Headquartered in Bryan, Texas with six additional offices, ANCO Insurance is one of the largest independent …