California Gov. Gavin Newsom signed into law four bills affecting the cannabis industry, and vetoed one. The cannabis-related bills Newsom signed are: AB 1458 (Quirk): This bill raises the label variance threshold for edible products from plus or minus 10% …
CRC Group has acquired Specialty Risk Associates Inc. in Shreveport, La. Terms of the deal were not disclosed. The addition of Specialty Risk expands CRC Group’s binding, transportation binding and personal lines business. Specialty Risk Associates will be a part …
An administrative law judge in California has dismissed liens valued at $18 million filed by convicted medical provider Michael E. Barri, bringing to a close one of the earliest cases aimed at combatting fraud in California’s workers’ compensation system., the …
Specialty insurer Ascot announced the appointment of Steve Guijarro as U.S. chief risk officer and group head of Exposure Management. Guijarro will have primary responsibilty for Ascot’s enterprise risk management function in North America. In addition to his CRO duties, …
Sirius International Insurance Group Ltd. announced that it has enhanced its Global Business Technology (GBT) team through the restructuring of its global management structure. This expansion will enable the firm to advance innovative solutions for its customers, improve operational efficiencies …
White Mountains Insurance Group, Ltd. announced it has entered into a definitive agreement to invest fresh capital in and to acquire a majority interest in Ark Insurance Holdings Ltd., the parent company of Ark Syndicate Management Ltd. With its leading …
Sedgwick, a global provider of technology-enabled risk, benefits and integrated business solutions, has acquired Perigest, a loss adjusting and claims management company in Portugal. “The transaction represents an important step for Sedgwick as a market leader in Spain and Portugal …
President Donald Trump signed a funding measure that will keep the federal government running until Dec. 11. The continuing resolution (HR 8337), which the House passed last week 359 to 57, was approved by the Senate in a 84-10 vote …
Distinguished Programs, a national insurance program manager, has hired Brando Guerrero as a regional sales executive in New York. In this role, Guerrero will oversee growth/broker partners in Manhattan, the Hudson Valley and the rest of greater New York. He …
The Vermont Department of Economic Development (DED) has hired Brittany Nevins as the new Captive Insurance Economic Development director. She replaces Ian Davis, Vermont’s former director of Financial Services. Nevins will be responsible for the marketing and business development of …