California Supreme Court Resolves Question on Coverage for COVID Business Shutdowns May 31, 2024 The California Supreme Court has resolved a question about insurance coverage for COVID-19 business shutdowns in the issue of a...
Aon/NFP’s Lenox Advisors Acquires Maryland Benefits Firm Serving Medical Pros May 31, 2024 Lenox Advisors, Inc., an affiliate of NFP, an Aon company, reports it has acquired Martin/Wight & Co., a Maryland-based insurance...
Building Explosion Kills Bank Employee, Injures 7 Others in Youngstown, Ohio May 31, 2024 YOUNGSTOWN, Ohio (AP) — A massive explosion blew out much of the ground floor of an apartment building, killing a...
Marsh McLennan Acquires Texas’ Perkins Insurance Agencies May 31, 2024 Marsh McLennan Agency, a subsidiary of Marsh, announced the acquisition of Perkins Insurance Agencies, an Abilene, Texas-based independent agency. Terms...
Inszone Acquires Texas’ T Blackwell Insurance Group May 31, 2024 Inszone Insurance Services announced the acquisition of T Blackwell Insurance Group, an agency based in Garden Ridge, Texas. Founded by...
AM Best Revises Outlooks to Stable, Affirms Excellent Ratings for MEMIC Group May 31, 2024 AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A (Excellent) and...
People Moves: Howden Re Names Hearn as Chair, Global Clients Strategy; Ex-Lloyd’s CEO Beale Named Chair of Climate Consultancy South Pole May 31, 2024 This edition of International People Moves details appointments at Howden Re and climate consultancy South Pole. A summary of these...
US P/C Insurers Hit Record Investment Income in 2023 May 31, 2024 The U.S. property/casualty insurance segment’s net investment income hit a record $73.9 billion in 2023, bolstered by the higher interest...
Boeing Pays Millions in Wages After in Washington Investigation May 31, 2024 A Washington wage complaint investigation resulted in The Boeing Co. paying $11.5 million in unpaid wages to nearly 500 workers....
Clinic Sued for Allegedly Firing Employee for Not Disclosing Disability in Job Interview May 31, 2024 The Equal Employment Opportunity Commission (EEOC) is pursuing a case against an employer the agency says fired a new employee...