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2 06, 2021

Alabama Supreme Court Tosses County Claims Against Abbott Over Opioid Crisis

By | June 2nd, 2021|Uncategorized|Comments Off on Alabama Supreme Court Tosses County Claims Against Abbott Over Opioid Crisis

MONTGOMERY, Ala. — The Alabama Supreme Court sided with Abbott Laboratories on Friday and threw out a lawsuit filed by Mobile County against the company over the opioid epidemic. In an 8-0 opinion in which one justice recused himself, the …

2 06, 2021

Mississippi Town Looks to Insurance After Fire Destroys Historic Train Depot and Museum

By | June 2nd, 2021|Uncategorized|Comments Off on Mississippi Town Looks to Insurance After Fire Destroys Historic Train Depot and Museum

McCOMB, Miss. — A massive fire wrecked a Mississippi city’s train depot and museum, a beloved restored landmark that dates back to McComb’s founding as a railroad town. No cause has been immediately determined for the fire that broke out …

1 06, 2021

Generali Completes Purchase of AXA’s Greek Units, Forms Bancassurance Agreement

By | June 1st, 2021|Uncategorized|Comments Off on Generali Completes Purchase of AXA’s Greek Units, Forms Bancassurance Agreement

Generali has completed the acquisition of AXA Group’s Greek subsidiary, AXA Insurance S.A., for €167 million ($204 million) in cash. The acquisition, which comprises AXA’s life & savings and property/casualty businesses (P/C), was first announced on Dec. 31, 2020. As …

2 06, 2021

People Moves: Upland Capital Adds Jones; Texas DWC Promotes Craddock ; GeoVera’s Garfield Joins HOAIC

By | June 2nd, 2021|Uncategorized|Comments Off on People Moves: Upland Capital Adds Jones; Texas DWC Promotes Craddock ; GeoVera’s Garfield Joins HOAIC

Upland Capital Group Dallas-based Upland Capital Group, the excess and surplus (E&S) casualty, property, and specialty insurance provider that launched earlier this year, has hired Mark Jones to be its chief risk officer, chief actuary, and head of Analytics. In …

2 06, 2021

Arthur J. Gallagher Acquires LDJ American Online Benefits Group in Texas

By | June 2nd, 2021|Uncategorized|Comments Off on Arthur J. Gallagher Acquires LDJ American Online Benefits Group in Texas

Arthur J. Gallagher & Co. has acquired Addison, Texas-based LDJ American Online Benefits Group LLC (AOBG). Terms of the transaction were not disclosed. Founded in 2013, AOBG designs, markets and services supplemental health insurance and wellness products, including short-term medical, …

1 06, 2021

Willis Towers Watson Launches Sports and Entertainment Industry Group

By | June 1st, 2021|Uncategorized|Comments Off on Willis Towers Watson Launches Sports and Entertainment Industry Group

Insurance broker Willis Towers Watson announced the launch of a Sports & Entertainment Industry Group to support sports & entertainment (S&E) organizations and entertainment professionals seeking to identify, mitigate and transfer risks associated with the sector. Ian Tomlin, head of …

1 06, 2021

Californians Hit Beaches, Traveled Ahead of Virus Rules Easing

By | June 1st, 2021|Uncategorized|Comments Off on Californians Hit Beaches, Traveled Ahead of Virus Rules Easing

Californians headed to campgrounds, beaches and restaurants over the long holiday weekend as the state prepared to shed some of its coronavirus rules. Southern California beaches were busy with families barbecuing and children playing in the sand and surf. Business …

1 06, 2021

Flaming Gas Leak Forces Evacuation of a Dozen Homes in Massachusetts

By | June 1st, 2021|Uncategorized|Comments Off on Flaming Gas Leak Forces Evacuation of a Dozen Homes in Massachusetts

A gas leak ignited Saturday morning in front of a residence in Marshfield, Massachusetts, sending plumes of flames into the air and forcing officials to evacuate about a dozen homes. The fire continue to burn throughout the day and into …

1 06, 2021

Shallow Quake Confirmed Beneath Lake Tahoe

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A shallow magnitude 4.2 earthquake struck beneath Lake Tahoe on Friday but there were no immediate reports of any injuries of serious damage, the U.S. Geological Survey confirmed. The quake reported at 8:25 a.m. was about 5.5 miles west of …

1 06, 2021

Montana Man Must Pay Restitution to Insurer for Arson

By | June 1st, 2021|Uncategorized|Comments Off on Montana Man Must Pay Restitution to Insurer for Arson

A south-central Montana man who pleaded no contest to hiring someone to burn down his house for the insurance money so he could pay a debt to the federal government in a drug case has been ordered to pay restitution. …