Allianz Holdings plc, the U.K. subsidiary of Allianz SE, has completed its planned acquisition of the remaining 51% of LV General Insurance Group (LV GIG) from Liverpool Victoria Friendly Society (LVFS). The total consideration by Allianz for 100 percent of …
Optisure Risk Partners has hired five individuals as the company continues its growth trajectory. Three new producers joined the organization: Heather Galloway joined Optisure as a sales executive and brings more than 20 years of experience in personal lines insurance …
Two women who say they were sexually assaulted by passengers on Frontier Airlines flights sued the Denver-based budget carrier for allegedly refusing to help them and either not having or failing to follow policies to respond to assaults. The class …
Washington Insurance Commissioner Mike Kreidler has ordered the captive insurers for two giant corporations to stop insuring risk in the state, adding to a large list of big companies whose captives have been fined by the commissioner. Kreidler ordered insurers …
A fire at a western Virginia can manufacturing plant caused $4 million in damages and led to injuries for two firefighters battling the blaze, officials said. The fire began Friday evening at the Ardagh Group plant in north Roanoke County …
The Wawa convenience store chain is facing a wave of lawsuits over a data breach that affected its 850 locations along the East Coast. Wawa Inc. discovered malware on its payment processing servers this month before stopping the breach Dec. …
For the fourth time in a month, a South Florida sewer line has ruptured. The sewer line burst on Friday at a park in Fort Lauderdale. It was repaired overnight when crews removed the damaged section of 16-inch force main …
Jim Beam was fined $600,000 earlier this month after a July warehouse fire sent a nearly 23-mile (37-kilometer) plume of alcohol into the Kentucky and Ohio rivers, killing fish. The distiller agreed to the fine in a Dec. 6 order …
Another Central Kentucky farmer has pleaded guilty in a crop insurance fraud scheme that a federal prosecutor has called “pervasive and severe” in that region. Daniel Arvin pleaded guilty on Dec. 19 in federal court in Lexington to a conspiracy …
Oakland authorities have confirmed a fire chased eight people out of an evacuated and condemned building injuring one person before fire crews could extinguish the blaze. Assistant Fire Marshal Emmanuel Watson compared the event to the 2016 fire that trapped …
