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6 Charged With Bogus Overseas Claims for Gun Shot Wounds, Stabbings, Auto Accidents

Five Massachusetts residents and one New York resident have been charged in connection with a health insurance fraud scheme that allegedly involved submitting claims for more than $1 million worth of bogus medical expenses, purportedly incurred during international travel. According …

Two Fire Tanker Trucks Crash While Heading to Warehouse Blaze, Injuring 7 Firefighters

Authorities say seven firefighters were injured when two tanker trucks crashed while responding to a large blaze in York, Pennsylvania. Officials said the crash occurred shortly before 11 p.m. Friday in Spring Garden Township, about a third of a mile …

Novatae Acquires Missouri-Based Denali Specialty Group

Novatae Risk Group announced that it has acquired the assets of Denali Specialty Group, LLC of St. Louis, MO on July 1, 2024. Terms of the transaction were not disclosed. Founded in 2019, Denali is a full-service insurance intermediary that …

Michigan AG Reminds Residents to Avoid Scams After Flooding

Michigan Attorney General Dana Nessel is urging residents to be vigilant against scammers targeting those affected by the heavy rains from the remnants of Hurricane Beryl. The storm flooded communities, damaged homes, and left thousands without power. “Education and awareness …

UK, EU States to Target Russia’s Shadow Oil Fleet With More Checks

The UK plans to launch a “call to action” this week with a group of European nations to target the so-called shadow fleet of oil tankers that Russia uses to skirt international sanctions, according to people familiar with the matter …

Lloyd’s Insurer AEGIS London Launches Data Science and Analytics Team

AEGIS London, the London-based Lloyd’s syndicate, has established a new Data Science and Analytics team to enhance underwriting capabilities and data-driven initiatives. Led by Giuseppe D’Angelo, head of Data Analytics and Portfolio Underwriting, the newly formed team is comprised of …

Parametric Insurance Helps Farmers and Others Hit Hard by Extreme Weather

Joemar Flores, a spindly 28-year-old, gestured across his family’s farmland, nestled between a steep hill and a river, and expressed gratitude for the rice paddies in the distance. They’re still there, producing food and an income for him, thanks in …

Hub Acquires Swanson Insurance Agency in Louisiana

Hub International Limited announced the acquisition of the assets of Swanson Insurance Agency, Inc. & Swanson & Associates, Inc. (collectively, Swanson Insurance Agency). Terms of the transaction were not disclosed. Located in New Orleans, Louisiana, Swanson Insurance Agency is a …

After Beryl, Houston Area Farmers Come Together to Face Unique Challenges

PORTER, Texas (AP) — Hurricanes cause trouble for everyone, but farmers have a whole other list of problems. Beryl has been no exception: Over the past week, the storm damaged crops, soaked rabbits and chickens, terrified goats, put horses at …

Illinois Contractor Faces $354K in Fines for Exposing Workers to Fall Hazards

Federal workplace safety inspectors have cited an Illinois construction contractor for again exposing employees to falls from elevation — the industry’s leading cause of injury and death — as they did residential framing work, this time at four subdivisions under …

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