DOXA Acquires Georgia-based Preferred Aviation MGA April 4, 2023 DOXA Insurance Holdings, an Indiana firm, has expanded its stable of distribution companies with the recent acquisition of Georgia-based Preferred...
Las Vegas Lawyer Indicted in $460M ‘Slip-and-Fall’ Scheme April 4, 2023 A longtime Las Vegas attorney was indicted on federal charges that he orchestrated a $460 million Ponzi scheme spanning multiple...
JPMorgan May Face Expanded Lawsuit Over Jeffrey Epstein Ties April 4, 2023 By Jonathan Stempel The U.S. Virgin Islands wants to expand its lawsuit accusing JPMorgan Chase & Co of aiding in Jeffrey Epstein’s sex...
McDonald’s Risks Employee Ire by Joining Trend of Virtual Layoffs April 4, 2023 By Jo Constantz McDonald’s Corp. is the latest company asking staff to work from home during layoffs, a practice that has sparked criticism...
Train Carrying Iron Ore Derailed in California’s Mojave Desert April 4, 2023 A freight train carrying iron ore derailed in a remote area of the Mojave Desert but there were no injuries,...
Viewpoint: Whither War and Cyber Operation Exclusions? April 4, 2023 By Vincent J. Vitkowsky The insurance industry is attempting to modernize war exclusions to address the 21st century risk of state-sponsored cyber operations. It...
Is a Scooter a Vehicle? Appeals Court Says ‘Yes’ and State Farm Must Pay UM Claim April 4, 2023 By Jim Sams State Farm must pay an uninsured motorist claim for injuries caused by an electric motor scooter even though the scooter...
Markets/Coverages: Cyber MGA Astaara Expands Capacity Limit to $25 Million April 4, 2023 Astaara, the Guernsey-based managing general agent and risk management advisory business, has increased its underwriting capacity and insurance limit from...
Ardonagh Advisory Acquires UK Broker Pace Ward April 4, 2023 Ardonagh Advisory, the London-based SME broking platform, announced the acquisition of Pace Ward, a UK-based local broker that provides national...
Virginia Teacher Shot by 6-Year Old Sues School Officials for $40 Million April 4, 2023 By Denise Lavoie A first-grade Virginia teacher who was shot and seriously wounded by her 6-year-old student filed a lawsuit Monday seeking $40...