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11 08, 2020

Texas to Add New Fee to Insurance Form Filings Starting in September

By | August 11th, 2020|Uncategorized|Comments Off on Texas to Add New Fee to Insurance Form Filings Starting in September

There will be an additional $20.50 fee on insurance form filings beginning Sept. 1 in Texas, the state insurance department has reported. The Texas Department of Insurance said fee will support a technology project that uses artificial intelligence and increased …

12 08, 2020

One80 Intermediaries Acquires Canadian MGA, Strategic Underwriting Managers

By | August 12th, 2020|Uncategorized|Comments Off on One80 Intermediaries Acquires Canadian MGA, Strategic Underwriting Managers

One80 Intermediaries, a Boston-headquartered wholesale broker, program manager, and insurance aggregator, announced it has acquired Strategic Underwriting Managers Inc. (SUM), a Canada-based managing general agent. Terms of the deal were not disclosed. Offering property, casualty and other specialty insurance products, …

11 08, 2020

Alera Group Acquires Alper Services in Illinois

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Deerfield, Illinois-based Alera Group, a national employee benefits, property casualty, retirement services and wealth management firm, has acquired Alper Services LLC in Chicago. The acquisition was effective Aug.1. Founded in 1966 and led by CEO Leslie Morse, Alper Services focuses …

12 08, 2020

Jackson Sumner & Associates Acquires Virginia’s Landers Underwriting

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Jackson Sumner & Associates (JSA) has acquired Landers Underwriting of Charlottesville, Va., in a deal inked earlier this month. Terms of the transaction were not disclosed. JSA is an excess and surplus broker that began in 1981 in Boone, N.C. …

11 08, 2020

Leading Proxy Advisory Firms Recommend Shareholders Approve Aon, WTW Merger

By | August 11th, 2020|Uncategorized|Comments Off on Leading Proxy Advisory Firms Recommend Shareholders Approve Aon, WTW Merger

Aon plc and Willis Towers Watson announced that two leading proxy advisory firms have recommended that shareholders vote in favor of the companies’ proposed combination. Institutional Shareholder Services Inc. (ISS) said the strategic rationale of the merger is sound. AON …

12 08, 2020

Google Turns Android Phones Into Earthquake Sensors

By | August 12th, 2020|Uncategorized|Comments Off on Google Turns Android Phones Into Earthquake Sensors

Alphabet Inc’s Google’s Android phones on Tuesday started detecting earthquakes around the world to provide data that could eventually give billions of users precious seconds of warning of a tremor nearby, with an alerting feature first rolling out in California. …

11 08, 2020

Doubletree Hotel in Missouri to Pay $45K to Settle Sexual Harassment Lawsuit

By | August 11th, 2020|Uncategorized|Comments Off on Doubletree Hotel in Missouri to Pay $45K to Settle Sexual Harassment Lawsuit

The DoubleTree Hotel in Jefferson City, Mo., will pay $45,000 and furnish other relief to settle a sexual harassment lawsuit filed, federal employment officials say. According to a lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), an operator …

12 08, 2020

Lockton Names Duffy President of Washington D.C., Northern Virginia Offices

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Lockton has promoted Ryan Duffy to president of its Washington D.C. and Northern Virginia offices. Duffy is responsible for the ongoing stewardship of new and existing clients in the region. He oversees new business development and ultimately the overall client …

10 08, 2020

Berkshire Insurance Units Hold Their Own While Pandemic Slams Other Buffett Firms

By | August 10th, 2020|Uncategorized|Comments Off on Berkshire Insurance Units Hold Their Own While Pandemic Slams Other Buffett Firms

Berkshire Hathaway Inc. had a tough second quarter with the pandemic taking a toll on most of its operating businesses including Precision Castparts aircraft parts, the BNSF railroad, Occidental Petroleum Corp., Kraft Heinz Co. and retailers including See’s Candies that …

12 08, 2020

Federal Auto Safety Agencies Face Scrutiny by Inspector General

By | August 12th, 2020|Uncategorized|Comments Off on Federal Auto Safety Agencies Face Scrutiny by Inspector General

The Transportation Department’s Office of Inspector General said on Tuesday it would audit oversight of U.S. vehicle safety standards, noting that more than 36,000 Americans were killed in traffic accidents in 2019. The inspector general’s office said it was launching …