Insurance News from January 20, 2021
National News
Insurance Agency M&A Deals Surged 20% in Year of Pandemic: OPTIS
There were 744 announced insurance agency mergers and acquisitions in 2020, up nearly...
Supreme Court Hears Baltimore’s Climate Change Damages Claim Against Energy Firms
Supreme Court Rejects Merck’s Bid to Reinstate $2.5B Damage Award Against Rival
Safety Agency Orders Ford to Recall 3 Million Vehicles Over Takata Air Bags
Specialty Insurer Hallmark Financial CEO Anand Resigns; AM Best Maintains ‘A-‘ Rating
International & Reinsurance News
Future of Russia’s Nord Stream 2 Pipeline Looks Increasingly Uncertain
The future of Nord Stream 2 looks increasingly uncertain as the U.S. ramped up pressure...
East News
Lawsuit Filed on Behalf of Rhode Island Man Injured in Moped Crash
Guardians of a Rhode Island moped driver who was sent into a coma with a head injury...
West News
California COVID-19 Benefits Fraud, Cyber Attack Could Reach $9.8B
California may have paid out nearly $10 billion in phony coronavirus unemployment...
Southeast News
Tennessee Touts 2020 Growth of Insurance Industry, Consumer Efforts
The Tennessee Department of Commerce & Insurance (TDCI) has located and returned...
Texas / South Central News
DuPont Spinoff Will Contest Charges Over Deadly Gas Leak at Texas Plant
Corteva, a spinoff that took over DuPont's agriculture division, will contest the...
Midwest News
The Hilb Group Acquires Michigan’s Owen Moore Insurance
The Hilb Group LLC (THG) acquired Linwood, Michigan-based Owen Moore Insurance Agency...