Funds Transfer Fraud Skyrockets in 2021; Small Businesses Hit Hard March 2, 2022 By Chad Hemenway Cyber claims from small and midsize businesses saw a “material uptick” in 2021, with funds transfer fraud a main culprit,...
Wisconsin McDonald’s Operator Settles EEOC Race Discrimination Claim March 2, 2022 Pensec, Inc., a Wisconsin corporation which operates nine McDonald’s fast food restaurants, will pay $31,137 and furnish other relief to...
75-Year-Old Driver Won’t Face Charges in Deadly Crash into Miami Sidewalk Cafe March 2, 2022 A 75-year-old driver likely won’t face criminal charges after crashing her Bentley into a busy Miami Beach sidewalk cafe, killing...
Connecticut’s Trager Reznitsky to Add States After Buying P/C Unit of Stronghold Insurance March 2, 2022 North Haven-based Trager Reznitsky Insurance has acquired the property/casualty business of another Connecticut independent agency, Stronghold Insurance LLC, in Shelton....
Former Florida Lawmaker Plans to Challenge CFO Patronis, with Insurance as Key Issue March 2, 2022 A former state representative has announced plans to challenge Florida CFO Jimmy Patronis in this fall’s election, and he’s making...
D&O Loss Ratios Unchanged by Rate Hikes; Supply Disruption to Fuel Suits March 2, 2022 By Susanne Sclafane Directors and officers liability insurance premium rate hikes have not had the anticipated impacts on loss ratios that carriers had...
Many Boardrooms Still Fail to Grasp ESG Risk, Marsh Review of Annual Reports Finds March 2, 2022 Many global firms are still failing to prioritize environmental, social, and governance (ESG) risks in the boardroom, which is creating...
People Moves: Lloyd’s Names Gomez People Officer; McMillan Joins Brace Specialty From Canopius March 2, 2022 Lloyd’s Names Gomez as Chief People Officer Lloyd’s of London has appointed Sara Gomez as chief people officer (CPO). As...
Openly Moves into Georgia with 15-Second Homeowners Quote Platform March 2, 2022 Openly, a data-focused homeowners insurer based in Boston, announced that it has expanded into Georgia. The Deep South state is...
Liberty Company Adds Clearwater’s Strategic Insurance Services March 2, 2022 The Liberty Company Insurance Brokers has continued its rapid expansion plan with the addition of a Clearwater, Florida, firm to...