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Iowa Woman Charged With Insurance Fraud

An Iowa woman was charged with one count of Insurance Fraud – Presenting False Information (Class D Felony) and one count of Theft in the 2nd Degree (Class D Felony) following an investigation by the Iowa Insurance Division’s Fraud Bureau. …

Markets/Coverages: QBE Creates UK Healthcare Practice With New Liability Product

QBE has created a Healthcare practice group and has launched a Healthcare Advantage Liability product. The Healthcare practice group will be supported by all regional offices in the UK and aims to provide a more focused approach to customers in …

Oil Sheen off California Possibly Caused by Natural Seepage From Ocean Floor

An oil sheen spotted off the Southern California coast last week was possibly caused by a natural seep from the ocean floor, but the exact source still isn’t known, U.S. Coast Guard officials said. Authorities detected the 2.5-mile-long oil sheen …

Florida’s Heritage Insurance Reports Improved Bottom Line for Q4 and Year 2023

TAMPA, Fla. (AP) — Heritage Insurance Holdings Inc. (HRTG) on Monday reported earnings of $30.9 million in its fourth quarter, more than double what it saw in Q4 2022. The Tampa, Florida-based company said it had profit of $1.15 per …

Brown & Brown Acquires Assets of Northeast Dealer Services Firm, DealerMax

Insurance agency Brown & Brown announced that its dealer services division has acquired the assets of DealerMax. DealerMax, founded in 1982 by Jim Maxim, Sr. as Maxim Automotive, serves car dealer customers in Pennsylvania and throughout the Northeast offering finance …

Novatae Acquires UK-Based Broker Bretton Woods International

Novatae Risk Group announced that it acquired the Lloyd’s broker Bretton Woods International (BWI) of London. The transaction is subject to applicable regulatory approval and is expected to close before the end of the second quarter. Terms of the transaction …

How 9 Men Stole 45 Cars Over 6 Months During COVID, Then Got Caught

New York Attorney General Letitia James has announced the guilty pleas and sentencing of nine members of a Bronx car theft ring for their roles in the theft of 45 vehicles during a six-month period from April to October 2020. …

$12.6M in Aid Delivered to San Diego County Communities

To aid recovery efforts in San Diego County following the January storms, FEMA, the California Governor’s Office of Emergency Services and local partners continue to work together to bring relief to affected communities. In just three weeks since Gov. Gavin …

People Moves: California Insurance Commissioner Lara Announces Appointments, Reappointments to Boards and Committees

California Insurance Commissioner Ricardo Lara appointed new members and reappointed members to several state insurance boards and committees. New appointments include Ronald Coleman Baeza to the California Life and Health Insurance Guarantee (CLHIGA) Board of Directors, and Samantha Tradelius to …

Nord Stream Sues Insurers in London Over 2022 Pipeline Blasts

Nord Stream is seeking more than 400 million euros ($436 million) from its insurers over explosions in 2022 which ruptured pipelines designed to transport Russian gas to Germany, court filings show. Nord Stream AG names Lloyd’s Insurance Co. and Arch …