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State Farm Purchases Naming Rights to Atlanta Hawks Arena

Philips Arena in Atlanta is being renamed for State Farm after a $192.5 million renovation. The Atlanta Hawks and the insurance company announced Aug. 29 they have reached a 20-year deal on naming rights for the arena, currently in the …

New Mexico Couple Wins $74M for Baby’s Brain Damage in Delivery

A jury has awarded a New Mexico couple $74 million in a medical malpractice lawsuit involving a son left with brain damage. The jury in late August ruled that a women’s health clinic in Hobbs, New Mexico, didn’t properly follow …

Business Moves

Hub International, Kilbride & Harris Insurance Services Hub International Ltd., a global insurance brokerage, has acquired the assets of Kilbride & Harris Insurance Services LLC. Terms of the acquisition were not disclosed. Located in South Portland, Maine, Kilbride & Harris …

New York Challenges Federal Ruling Allowing Fintechs to Skirt State Regulation

New York state’s top banking regulator on Friday sued the U.S. Office of the Comptroller of the Currency, seeking to void its decision to begin granting national bank charters to financial technology companies. Maria Vullo, the superintendent of the New …

Vermont Insurance Agents Association Elects Plunkett as President

The Vermont Insurance Agents Association (VIAA) has elected Paul E. Plunkett, senior vice president and principal of Hickok & Boardman Insurance Group in Burlington, Vt., as its president. Plunkett’s involvement as VIAA’s president follows an active involvement with the association …

EPIC Insurance Brokers and Consultants Acquires New York’s Vanbridge

EPIC Insurance Brokers and Consultants, a national retail insurance brokerage and employee benefits consulting firm, has acquired the assets, employees and operations of Vanbridge LLC, a specialty insurance intermediary, program management and risk advisory services business. Headquartered in New York, …

Fidelis Insurance Restructures Its Underwriting Businesses into 4 Pillars

Bermuda-based Fidelis Insurance Holdings Ltd. announced it is restructuring of its business across four pillars: Bespoke, Reinsurance, Partnerships and Specialty. Richard Brindle, chairman and group CEO, will reassume the additional role of group chief underwriting officer, leading the underwriting across …

Liberty International Underwriters & Ironshore Canada Renamed Liberty Mutual Canada

Liberty Mutual Insurance announces that Liberty International Underwriters (LIU Canada) and Ironshore Canada will be rebranded as Liberty Mutual Canada. “The rebranding of our joint operation as Liberty Mutual Canada is an important milestone in our journey to come together …

Mullarkey to Head Canada Property & Energy for Swiss Re Corporate Solutions

Swiss Re Corporate Solutions has named Jamie Mullarkey as head of Property & Energy, Canada. In this role, Mullarkey leads property and energy underwriting in Canada with teams based in Toronto and Vancouver. He succeeds Yvonne Steiner who has decided …

German Court Postpones Key Case on YouTube Liability to Obtain EU Opinion

Germany’s highest court has postponed a decision on whether YouTube is liable for violations of intellectual property rights on its video platform in order to seek the opinion of European Union judges, a process expected to take one to two …