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7 Appointed to Georgia Medical Marijuana Commission

Georgia officials have made appointments to the state medical marijuana commission, a key step toward implementing a law designed to increase patient access. Republican Gov. Brian Kemp, Lt. Gov. Geoff Duncan and House Speaker David Ralston announced seven appointments Tuesday. …

Zurich Adds Cyber Endorsements for Manufacturing Industry

Zurich Insurance has rolled out new, industry-specific endorsements to its cyber insurance policy designed to expand coverages provided to the manufacturing industry. The endorsements were created in response to the growing threats posed to U.S. industrial firms by data breaches, …

Vermont Police Investigating After One Injured in Explosion of ‘Homemade Device’

Vermont police are investigating after one person was injured by the explosion of what’s described as a “small homemade destructive device.” Brattleboro police say there is no known concern for the safety of the public. Police and rescue crews were …

Union Mutual of Vermont Companies Hires Campbell

Sean P. Campbell recently joined Union Mutual of Vermont Companies as assistant vice president of Personal Lines Underwriting and Business Development, President and CEO Michael Nobles announced. Campbell will be based in Central New York in his new role. He …

Risk Strategies Appoints Grant as Employee Benefits Practice Leader in New York

Risk Strategies, a privately held, national insurance brokerage and risk management firm, has appointed 25-year industry veteran Michael S. Grant as employee benefits practice leader for the firm’s Greater New York region. Prior to joining Risk Strategies, Grant was senior …

Allianz Forms Partnership with Microsoft, Aiming to Transform Insurance Processes

Allianz SE and Microsoft Corp. announced a strategic partnership focused on digitally transforming the insurance industry, making the insurance process easier while creating a better experience for insurance companies and their customers. Through the strategic partnership, Allianz will move core …

Chubb Appoints Keen as Division President, Chubb Global Markets

Chubb announced the appointment of Jason Keen as division president, Chubb Global Markets. In this role, Keen will have responsibility for the leadership, strategy and performance of Chubb Global Markets, which comprises Chubb’s London market wholesale and specialty business including …

Insurance Premiums to Grow 3% Despite Economic Slowdown: Swiss Re

Global insurance premiums will grow 3 percent on average over the next two years even with an emerging global economic slowdown, Swiss Re said in its latest sigma report. Rising lost costs will fuel the moderate but steady increase, the …

Texas Oilfield Services Firms to Pay $1.2M to Settle Federal Race Discrimination Suit

Two Houston-based oil field services companies have agreed to pay a total of $1,225,000 to settle a race discrimination and retaliation lawsuit filed by federal officials. According to the U.S. Equal Employment Opportunity Commission, Nabors Corporate Services Inc. and C&J …

Wisconsin Insurance Agent Loses License, Must Pay Nearly $800K

An insurance agent in Wisconsin has had his license revoked and ordered to pay nearly $800,000 in penalties and restitution after being found in violation of insurance laws in the state. The former insurance agent, Barry Rumpel, may no longer …