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31 03, 2021

Houston Company to Pay $50.9K to Settle Federal Age Discrimination Suit

By | March 31st, 2021|Uncategorized|Comments Off on Houston Company to Pay $50.9K to Settle Federal Age Discrimination Suit

A Houston-based engineering and construction company will pay a former employee $50,960 to resolve an age discrimination lawsuit, federal officials say. The lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), alleges Burrow Global Services LLC fired an employee …

29 03, 2021

Former California Uber Driver Convicted of Raping Passengers

By | March 29th, 2021|Uncategorized|Comments Off on Former California Uber Driver Convicted of Raping Passengers

A former Uber driver in Central California was found guilty of sexually assaulting and stealing from five passengers. Jurors took less than three hours to convict Alfonso Alarcon Nunez of 13 felonies, including three charges of rape, the San Luis …

29 03, 2021

Utah Passes Law Requiring Pilot Insurance Following Plan Crash

By | March 29th, 2021|Uncategorized|Comments Off on Utah Passes Law Requiring Pilot Insurance Following Plan Crash

The lawsuit from a 2017 crash of an airplane on 1900 West in Roy lingers on, more than three years after it was filed. The pilot, apparently, was not insured, leaving Samantha Sandoval – hit in her car in the …

29 03, 2021

Tornado Touches Down in Vermont, Injuring at Least Two

By | March 29th, 2021|Uncategorized|Comments Off on Tornado Touches Down in Vermont, Injuring at Least Two

A tornado with an estimated wind speed of 110 mph touched down in Vermont on Friday afternoon, injuring at least two people. A statement from the National Weather Service in Burlington, Vermont, says the tornado threw a barrel into a …

29 03, 2021

New Jersey Governor Nominates Thompson as Insurance Fraud Prosecutor

By | March 29th, 2021|Uncategorized|Comments Off on New Jersey Governor Nominates Thompson as Insurance Fraud Prosecutor

New Jersey Governor Phil Murphy has announced his nomination of Tracy Thompson as insurance fraud prosecutor. Thompson has led the Office of the Insurance Fraud Prosecutor in an acting capacity since March 2018. Her nomination, which will be formally submitted …

29 03, 2021

Underground Electrical Blast Rocks New Jersey’s Asbury Park

By | March 29th, 2021|Uncategorized|Comments Off on Underground Electrical Blast Rocks New Jersey’s Asbury Park

Utility crews restored service after an underground electrical fire rocked the New Jersey shore city made famous by Bruce Springsteen’s music. Thursday’s blast caused two manhole covers to come out of the ground and forced the evacuation of some businesses …

29 03, 2021

Allstate Sells New York Unit to Wilton Re, Completing Exit from Life, Annuity Business

By | March 29th, 2021|Uncategorized|Comments Off on Allstate Sells New York Unit to Wilton Re, Completing Exit from Life, Annuity Business

The Allstate Corp. said it has agreed to sell its New York life insurance and annuity operation to Wilton Re for $220 million. The selling of Allstate Life Insurance Company of New York (ALNY), along with the previously announced agreement …

29 03, 2021

Private Equity Firm Odyssey Partners With Management to Acquire SIAA

By | March 29th, 2021|Uncategorized|Comments Off on Private Equity Firm Odyssey Partners With Management to Acquire SIAA

Private equity firm Odyssey Investment Partners has joined with management of SIAA (Strategic Insurance Agency Alliance), the nation’s largest alliance of independent insurance agencies, to acquire the company. New Hampshire-headquartered SIAA says its model and operations will remain unchanged under …

30 03, 2021

Number of Independent Agencies Dips a Bit: Future One Study

By | March 30th, 2021|Uncategorized|Comments Off on Number of Independent Agencies Dips a Bit: Future One Study

Despite continued robust agency mergers and acquisitions activity, the number of independent insurance agencies has remained stable at 36,000, a number slightly below the last tally of 36,500 in 2018. That’s according to the 2020 Agency Universe Study from Future …

30 03, 2021

Illinois Governor Vetoes Personal Injury Prejudgment Interest Legislation

By | March 30th, 2021|Uncategorized|Comments Off on Illinois Governor Vetoes Personal Injury Prejudgment Interest Legislation

Illinois Gov. J.B. Pritzker has vetoed a bill that would have provided for prejudgment interest in the recovery of damages in personal injury or wrongful death lawsuits. House Bill 3360 “provides for the recovery of prejudgment interest on all damages …