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13 08, 2020

Louisiana’s LUBA Workers’ Comp Adds Tucker as VP, Sales Manager

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Baton Rouge, Louisiana-based workers’ compensation insurance company, LUBA Workers’ Comp, has hired David Tucker as vice president and sales manager. Tucker has more than 10 years of service in the insurance industry, with experience in agency relations, risk mitigation, operations, …

13 08, 2020

Michigan’s Accident Fund Insurance Grants $3.5M in Early Workers’ Comp Dividends

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Lansing, Michigan-based Accident Fund Insurance Company of America, a national provider of workers’ compensation insurance, has granted $3.5 million in early dividend payments to policyholder groups that achieved targeted safety results in 2020. The group dividend payments reached more than …

13 08, 2020

Sterling New Age Cyber, Elpha Secure Launch ES-1000 Cybersecurity Package

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Cybersecurity insurance company Elpha Secure and partner Sterling New Age Cyber have introduced ES-1000, a service bundle package that focuses on mitigating risk and cyber threat to clients through cyber software, educational resources and professional consultation. SterlingRisk Programs, a division …

13 08, 2020

17 Georgia Residents Settle Federal Lawsuit Over Wrongful Arrests for $375K

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A Georgia county’s commissioners have approved a settlement for a lawsuit that alleged residents were wrongfully arrested due to erroneous information that was given to state officials regarding their driver’s licenses. The $775,000 settlement approved last week by DeKalb County …

13 08, 2020

More Than 900 Students, Staff Quarantined by Georgia School District

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A Georgia school district has quarantined more than 900 students and staff members because of possible exposure to the coronavirus and will temporarily shut down one of its hardest-hit high schools, officials said Tuesday. The quarantine figures from the Cherokee …

13 08, 2020

2.9 Magnitude Aftershock Rattles North Carolina

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A magnitude 2.9 aftershock on Tuesday rattled the North Carolina town where a 5.1 earthquake on Sunday shook items from grocery store shelves and caused damage to homes and businesses, the U.S. Geological Survey said. The USGS website showed the …

13 08, 2020

Major Reinsurers Brace for Large Losses from Beirut Port Blast

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Some of the world’s biggest reinsurers are bracing for potential losses running into tens of millions of euros after last week’s explosion that ravaged much of downtown Beirut. Property damage alone from the blast, which killed more than 150 people …

13 08, 2020

WTW Names Shaw as Global Head of Data, Analytics & Innovation, Global Facultative

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Willis Towers Watson announced the appointment of Fiona Shaw as its new head of data, analytics and innovation for its Global Fac division. Shaw has extensive insurance, reinsurance and analytics experience having spent 30-plus years at Willis Towers Watson, initially …

13 08, 2020

Roper to Acquire Insurance Software Firm Vertafore for $5.35 Billion

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Florida-based Roper Technologies has agreed to acquire insurance software maker Vertafore in an all-cash transaction valued at approximately $5.35 billion. Roper said the Vertafore management team led by CEO Amy Zupon will continue to lead the business from its Denver, …

13 08, 2020

World Insurance Associates Acquires Virginia’s Lindberg & Associates

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World Insurance Associates LLC (WIA), acquired Lindberg & Associates of Poquoson, Va., on July 1, 2020. Terms of the transaction were not disclosed. Founded in 2011, Lindberg & Associates is an independent insurance agency that provides all forms of property …