News

What Is Volt Typhoon, the Hacking Group the FBI Warns Could Deal a ‘Devastating Blow’?

China is developing the “ability to physically wreak havoc” on U.S. critical infrastructure and its hackers are waiting “for just the right moment to deal a devastating blow,” FBI Director Christopher Wray said on Thursday. The comments were in relation …

Alabama City Councilman Hit With New Auto Insurance Fraud Indictment

Authorities have added four more insurance fraud charges to those already lodged against an city official in coastal Alabama. Prichard City Councilman Derrick Griffin last week was indicted by a grand jury for the second time in four months. In …

Arbol Unit Buys Centauri Insurance, Forms Lilypad to Broaden Climate Risk Coverage

A subsidiary of Arbol Inc., a firm that has specialized in climate risks for businesses, including parametric insurance products, has acquired Sarasota, Florida-based Centauri Insurance from Applied Underwriters. The companies announced in an statement that Centauri will become part of …

Once Praised, Settlement to Help BP Oil Spill Workers Leaves Most With Nearly Nothing

When a deadly explosion destroyed BP’s Deepwater Horizon drilling rig in the Gulf of Mexico, 134 million gallons of crude erupted into the sea over the next three months — and tens of thousands of ordinary people were hired to …

Takeaways from Our Conversation on Commercial Auto, Telematics and Cannabis

Commercial auto is a tough topic in any business segment, but it’s tougher still for cannabis businesses. For our latest podcast, we spoke with Griffen Kapulica, broker relationship manager for Fairmatic, a commercial insurance company delivering data-driven fleet insurance using …

Cable Company Worker Electrocuted While Working on Utility Pole in Upstate New York

A man working on a utility pole was electrocuted early Friday when low-hanging wires made contact with the basket of his truck, according to police. The cable company worker was doing routine maintenance in rural Berne, about 15 miles (24 …

GeoVera Combining Carriers with SafePort to Create GeoVera Nova Holdings

GeoVera Insurance Holdings entered into a definitive agreement to sell its insurance carriers and managing general agent businesses. Upon completion of the deals, a newly formed entity, GeoVera Nova Holdings Inc., will control four insurance operating subsidiaries: GeoVera Insurance Co., …

Highlights of Reports on Deadly 2023 Hawaii Wildfire

More than half a year after the deadliest U.S. wildfire in more than a century burned through a historic Maui town, officials are still trying to determine exactly what went wrong and how to prevent similar catastrophes in the future. …

CRC Group in Hawaii and INSUREtrust Form Cyber Practice Group

CRC Group, headquartered in Honolulu, has integrated INSUREtrust, formerly housed in Starwind, into its wholesale brokerage division. This integration bolsters CRC Group’s cyber capabilities and expertise and broadens INSUREtrust’s network. INSUREtrust is a provider of specialized cyber insurance brokerage, products, …

People Moves: Liberty Names Bernau as Senior Vice President, Commercial Lines Producer

The Liberty Company Insurance Brokers, headquartered in Gainesville, Florida, named Andrew Bernau senior vice president, commercial lines producer. Bernau is based in Chicago. Bernau has nearly 20 years of industry experience, beginning his career with a college internship. He most …

News Archives by Month