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Multiple Security Failures? Arsonist Faced Little Resistance as Governor and Family Slept

The arsonist who broke into the Pennsylvania governor’s residence while Gov. Josh Shapiro and his extended family slept upstairs on the first night of Passover encountered little resistance as he scaled a security fence, smashed windows with a hammer, ignited …

Starkweather & Shepley Acquires New Jersey’s AiK2 Insurance Services

Starkweather & Shepley Insurance Brokerage, Inc. (S&S) has acquired AiK2 Insurance Services, a New Jersey-based firm specializing in business insurance for wealth and asset managers. As part of the acquisition, AiK2 will rebrand under the Starkweather & Shepley name, combining …

Alaska Native Who Alleged Wrongful Murder Conviction Reaches $11.5M Settlement

An Alaska Native man who maintained his innocence in the 1997 killing of a white teenager has agreed to an $11.5 million settlement with the city of Fairbanks after alleging police acted with a racial bias in a case in …

Relation Insurance Acquires True-Course Insurance Services in California

Relation Insurance Services acquired the assets of True-Course Aviation Services Inc. in Camarillo, California. Aejandro Galioto, owner of True-Course, will continue to lead the firm and spearhead the expansion of Relation’s dedicated aviation insurance practice. True-Course offers aviation risk services. …

Walgreens to Pay $300 Million in US Opioid Settlement

Walgreens has agreed to pay $300 million to settle U.S. prosecutors’ allegations that it illegally filled millions of invalid prescriptions for opioids and other controlled substances, the U.S. Justice Department said on Monday. The money, plus 4% interest annually, will …

California Workers’ Comp Board OKs Higher Pure Premium Rate Filing

The Workers’ Compensation Insurance Rating Bureau of California’s governing committee on Wednesday voted to authorize the WCIRB to submit a September 1, 2025 Pure premium rate filing on average 11.2% percent above the average approved September 1, 2024 advisory pure …

Global Natural Disasters Cost Insurers $53B in Q1, With Economic Losses of $83B

Global natural catastrophes had an insured price tag of more than $53 billion during the first quarter of 2025 – claims driven by California’s wildfires of approximately $38 billion, or 71% of total insured losses across the globe, according to …

AM Best Downgrades Credit Ratings of Texas’ PrimeOne Insurance Group

AM Best has downgraded the Financial Strength Rating to B- (Fair) from B+ (Good) and the Long-Term Issuer Credit Rating to “bb-” (Fair) from “bbb-” (Good) of PrimeOne Insurance Company in Dallas, Texas, a wholly own subsidiary of PrimeOne Insurance …

ALKEME Acquires Michigan’s Crawford Insurance Group

ALKEME has announced its acquisition of Crawford Insurance Group (CIG), a highly regarded personal and commercial insurance agency headquartered in Rochester Hills, Michigan. Founded in 2001, CIG serves clients across a wide range of personal and commercial insurance, both individual …

Capital Farm Credit Acquires Two Texas Agencies

The Board of Directors for Capital Farm Credit recently supported the purchase of two crop insurance agencies in the Texas Plains Region in an acquisition agreement aimed at serving as a long-term provider of critical crop insurance policies. Bennett Crop …

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