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2 01, 2020

Judge Denies Motion for New Trial in Boat Sinking Case

By | January 2nd, 2020|Uncategorized|Comments Off on Judge Denies Motion for New Trial in Boat Sinking Case

A man whose boat sank in 2016 resulting in his mother being lost at sea was denied a new trial Monday by a federal judge amid an ongoing dispute with insurance companies over the boat’s seaworthiness. Insurers said in the …

2 01, 2020

Rhode Island Considers Permanent Flavored Vape Products Ban

By | January 2nd, 2020|Uncategorized|Comments Off on Rhode Island Considers Permanent Flavored Vape Products Ban

Rhode Island’s health department is proposing to permanently ban the sale of flavored vaping products in the state. The department issued a public notice last week that it wants to make the temporary ban currently in effect permanent. Democratic Governnor …

2 01, 2020

New Hampshire’s Optisure Risk Partners Hires Five

By | January 2nd, 2020|Uncategorized|Comments Off on New Hampshire’s Optisure Risk Partners Hires Five

Optisure Risk Partners has hired five individuals as the company continues its growth trajectory. Three new producers joined the organization: Heather Galloway joined Optisure as a sales executive and brings more than 20 years of experience in personal lines insurance …

2 01, 2020

Commercial Lines Insurtech Bold Penguin Acquires E&S Brokerage Tech Platform xagent

By | January 2nd, 2020|Uncategorized|Comments Off on Commercial Lines Insurtech Bold Penguin Acquires E&S Brokerage Tech Platform xagent

Bold Penguin, a commercial insurance exchange technology platform launched in 2016, announced it has acquired xagent, an independent, single-entry, multi-quote platform for standard and surplus lines business insurance market. Bold Penguin said the transaction will allow it to better serve …

2 01, 2020

Allianz Buys U.K.’s LV General Insurance Group and Legal & General’s Non-Life Unit

By | January 2nd, 2020|Uncategorized|Comments Off on Allianz Buys U.K.’s LV General Insurance Group and Legal & General’s Non-Life Unit

Allianz Holdings plc, the U.K. subsidiary of Allianz SE, has completed its planned acquisition of the remaining 51% of LV General Insurance Group (LV GIG) from Liverpool Victoria Friendly Society (LVFS). The total consideration by Allianz for 100 percent of …

2 01, 2020

Airbnb Insurance Chief Langone Becomes RIMS President for 2020

By | January 2nd, 2020|Uncategorized|Comments Off on Airbnb Insurance Chief Langone Becomes RIMS President for 2020

The risk management society, RIMS, announced that Laura Langone, head of Insurance Operations at Airbnb, Inc., will lead the association as president for the 2020 term. As president, Langone is succeeding Gloria Brosius, who is director of Risk Management and …

2 01, 2020

Financial Tug-Of-War Emerges Over California Fire Victims’ Settlement

By | January 2nd, 2020|Uncategorized|Comments Off on Financial Tug-Of-War Emerges Over California Fire Victims’ Settlement

A financial tug-of-war is emerging over the $13.5 billion that the nation’s largest utility has agreed to pay to victims of recent California wildfires, as government agencies jockey for more than half the money to cover the costs of their …

2 01, 2020

Alaska Air Carrier Revises Estimate of Damage from Cyber Attack

By | January 2nd, 2020|Uncategorized|Comments Off on Alaska Air Carrier Revises Estimate of Damage from Cyber Attack

An Alaska air carrier that suffered a cyber attack has experienced more disruption than initially projected, according to a company announcement. The RavnAir Group on Dec. 20 experienced what it called a “malicious” cyber attack on its information technology network, …

2 01, 2020

Investigators Cite Leadership Failures at Fire Scene in Illinois Firefighter’s Death

By | January 2nd, 2020|Uncategorized|Comments Off on Investigators Cite Leadership Failures at Fire Scene in Illinois Firefighter’s Death

Failures in leadership at the scene of a March house fire in southern Illinois contributed to the death of a firefighter, state investigators concluded. Godfrey Fire Capt. Jake Ringering was killed and three other firefighters were injured on when a …

2 01, 2020

3 Hurt in Explosion at South Dakota Petroleum Distributor

By | January 2nd, 2020|Uncategorized|Comments Off on 3 Hurt in Explosion at South Dakota Petroleum Distributor

Three people were hurt in an explosion at a South Dakota petroleum distributor on Dec. 30, the company’s co-owner said. The explosion happened around 2 p.m. in the truck maintenance shop of Harms Oil just west of Aberdeen. Co-owner Jason …