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16 11, 2020

Hub Acquires Assets of The Vitolo Company in Washington

By | November 16th, 2020|Uncategorized|Comments Off on Hub Acquires Assets of The Vitolo Company in Washington

Hub International Limited has acquired the assets of The Vitolo Co. in Seattle, Wash. Terms of the deal were not disclosed. Mike Vitolo, founder and president of The Vitolo Co., as well as the Vitolo team, will be joining Hub …

16 11, 2020

California Couple Charged with Insurance Fraud After 4-Car Collision

By | November 16th, 2020|Uncategorized|Comments Off on California Couple Charged with Insurance Fraud After 4-Car Collision

Jamil Reinery Flores, 39, and Nelly Patricia Turcios, 32, a married couple from Fullerton, Calif., were charged with multiple felony counts of insurance fraud after allegedly misrepresenting when a car accident occurred in order to receive an undeserved insurance payout. …

16 11, 2020

HUB Acquires Assets of Miss.-Based Larry Dean Massey, Jr.

By | November 16th, 2020|Uncategorized|Comments Off on HUB Acquires Assets of Miss.-Based Larry Dean Massey, Jr.

Hub International Limited (Hub), a global insurance brokerage, has acquired the insurance brokerage assets of Larry Dean Massey, Jr. (Massey). Terms of the transaction were not disclosed. With legacy operations in Memphis, Tenn., and now in Oxford, Miss., Massey offers …

16 11, 2020

Orchid Insurance, Homesite Launch Homeowners Insurer TRUE in Florida

By | November 16th, 2020|Uncategorized|Comments Off on Orchid Insurance, Homesite Launch Homeowners Insurer TRUE in Florida

Orchid Underwriters Agency, LLC (Orchid), a specialty underwriter of catastrophe-exposed property insurance, and Homesite Group, a national property insurer, have created TRUE, a reciprocal insurance company to protect homeowners in coastal states. TRUE (Trusted Resource Underwriters Exchange) is domiciled in …

16 11, 2020

Texas Automobile Insurance Plan’s 4.8% Commercial Auto Rate Hike Approved

By | November 16th, 2020|Uncategorized|Comments Off on Texas Automobile Insurance Plan’s 4.8% Commercial Auto Rate Hike Approved

The Texas Department of Insurance (TDI) has approved the request by the Texas Automobile Insurance Plan Association (TAIPA) for a 4.8% increase in commercial auto rates, with an effective date of March 1, 2021. TAIPA members include all insurers authorized …

16 11, 2020

World Insurance Associates Acquires Indiana’s Ball Insurance

By | November 16th, 2020|Uncategorized|Comments Off on World Insurance Associates Acquires Indiana’s Ball Insurance

Ball Insurance Services (Ball Insurance) of Northwest Indiana has been acquired by World Insurance Associates LLC. Ball Insurance, based in Merrillville, Ind., is a property/casualty-focused agency, specializing in auto and motorcycle insurance. The agency has been in business since 1962. …

16 11, 2020

Lockton Hires Aon’s Stine as Midwest Series VP in St. Louis

By | November 16th, 2020|Uncategorized|Comments Off on Lockton Hires Aon’s Stine as Midwest Series VP in St. Louis

Lockton has added Casey Stine as a vice president and Business Development consultant for the firm’s Midwest Series. Stine, who has nearly a decade of experience in employee benefits and corporate human resource consulting, is located in the firm’s St. …

13 11, 2020

Washington Construction Firm Fined More Than $92K After Safety Inspection

By | November 13th, 2020|Uncategorized|Comments Off on Washington Construction Firm Fined More Than $92K After Safety Inspection

A Washington construction company with a reported history of safety problems in Kitsap, Pierce and Grays Harbor was fined more than $92,000 for allegedly serious safety violations, including failing to enforce the use of fall protection while roofing a home …

13 11, 2020

Commissioner Says Insurance Industry Spent $2.1B with California Diverse Businesses

By | November 13th, 2020|Uncategorized|Comments Off on Commissioner Says Insurance Industry Spent $2.1B with California Diverse Businesses

Diverse California businesses supplied $2.1 billion in goods and services to insurance companies last year, a 16.7% increase since 2018. That’s according to the latest California Insurance Diversity Survey results released by Insurance Commissioner Ricardo Lara. Of the $2.1 billion …

13 11, 2020

Apartment Builders Settle Claims of Illegal Asbestos Work in Massachusetts

By | November 13th, 2020|Uncategorized|Comments Off on Apartment Builders Settle Claims of Illegal Asbestos Work in Massachusetts

The builders of an apartment complex have agreed to pay $335,000 to settle allegations that workers improperly handled asbestos-containing material during the redevelopment of a former manufacturing site in Lawrence, Massachusetts Attorney General Maura Healey said Tuesday. The agreements settle …