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U.S. Risk Acquires Continental Marine in California
U.S. Risk L.L.C. has acquired Continental Marine Insurance Services. Continental is a Lodi, Calif.-based wholesale insurance broker. Continental has specialized in placing marine insurance for both commercial and personal marine-related risks such as marinas, boat dealers, boat manufacturers, boat repairers …
Settlements Reached in North Dakota with 4 Life Insurers
North Dakota Insurance Commissioner Adam Hamm announced settlement agreements with four life insurance companies related to their use of the Social Security Administration’s Death Master File (DMF). As part of the settlements, Hartford Life will pay $2.1 million, Securian Life …
Michigan Insurance Agents Accused of Pocketing Premiums, Unlicensed Activity
The Michigan Department of Insurance and Financial Services (DIFS) has issued a cease and desist order against Angella Swain-Jones (alias Stacey or Sarah) and summarily suspended the insurance license of Cornell Jones and his agency Select Insurance Services of Flint. …
Illinois Medical Marijuana Program Grows, Sales Climb
Illinois officials posted new forms this week for doctors and patients in the state’s medical marijuana program to reflect changes in the law, and announced that July retail sales reached a new high at $2.9 million. Gov. Bruce Rauner signed …
Employment Services Provider to Pay $1.4M to Settle Illinois Discrimination Charges
A leading payroll processing and human resource management outsourcing provider will pay nearly $1.4 million to voluntarily resolve employment discrimination charges filed in Illinois with the U.S. Equal Employment Opportunity Commission (EEOC), the agency announced. In addition, ADP LLC has …
Texas Manufacturer Faces $99K in Penalties Over Workplace Hazards
A Texas-based pre-cast concrete structure manufacturer has been cited by federal safety officials for 17 repeat, serious workplace safety violations and faces penalties totaling $99, 248. The Turner Company LLP was cited by the Occupational Safety and Health Administration on …
UK Insurers Aviva and RSA Report Higher H1 Profits, Shrug Off Brexit Fallout
Insurers Aviva Plc and RSA Insurance Group Plc shrugged off any fallout from the Brexit referendum by reporting higher first-half profit and increasing shareholder payouts. The shares rallied in London trading. Aviva, the U.K.’s second-largest insurer, posted a 13 percent …
2 Minor Quakes Hit Northern Nevada: USGS
The U.S. Geological Survey confirmed two magnitude 3.1 earthquakes recently shook the Reno, Nev. area. The Nevada Seismological Laboratory at the University of Nevada, Reno, says the epicenter was about 3.7 miles north-northeast of Galena High School. The USGS says the …
Boston Police Chief Disappointed Ridesharing Bill Lacks Driver Fingerprinting
Boston Police Commissioner William Evans is faulting Massachusetts lawmakers for failing to require the fingerprinting of drivers for ride-hailing services such as Uber and Lyft. The House and Senate approved regulations for the services Sunday night, but the bill does …
Arthur J. Gallagher Acquires Texas-Based Victory Insurance Agency
Arthur J. Gallagher & Co. has acquired Victory Insurance Agency Inc. based in Pearland, Texas. Terms of the transaction were not disclosed. Founded in 1983, Victory Insurance Agency (Victory) is a retail insurance broker providing commercial property/casualty, employee benefits, risk management consulting …