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26 04, 2024

Higginbotham Adds South Florida Benefits Agency to Team

By | April 26th, 2024|Uncategorized|Comments Off on Higginbotham Adds South Florida Benefits Agency to Team

Texas-headquartered Higginbotham, one of the largest independent insurance and benefits firms, has added Adams Benefits of Boca Raton, Florida, to its team, the company said in a news release. The move marks an expansion into south Florida for Higginbotham, which …

26 04, 2024

Russia Reinsurer Covers Domestic Insurers to Get India Marine Insurance Permit

By | April 26th, 2024|Uncategorized|Comments Off on Russia Reinsurer Covers Domestic Insurers to Get India Marine Insurance Permit

Russia’s state-owned reinsurer has given financial backing to three Russian insurance firms, allowing them to get Indian approval to provide marine insurance cover to tankers, two sources said, as Moscow seeks to facilitate trade with India amid Western sanctions. A …

26 04, 2024

Thames Water Debt Insurer Taps Advisers as Crisis Deepens

By | April 26th, 2024|Uncategorized|Comments Off on Thames Water Debt Insurer Taps Advisers as Crisis Deepens

A US insurance firm with at least $2 billion in exposure to Thames Water Utilities Finance Plc is working with bondholders and advisers to protect their interests ahead of potential debt talks, according to people familiar with the matter. Assured …

26 04, 2024

Workers’ Comp Rating Bureau of California OKs Higher Pure Premium Rate Filing

By | April 26th, 2024|Uncategorized|Comments Off on Workers’ Comp Rating Bureau of California OKs Higher Pure Premium Rate Filing

The Workers’ Compensation Insurance Rating Bureau of California submitted its Sept. 1, 2024, pure premium rate filing to the California Department of Insurance, proposing advisory rates on average 0.9% above the average approved Sept. 1, 2023 rates. The proposed advisory …

26 04, 2024

3-Alarm House Fire Likely Caused by Oily Rags, Newton Fire Chief Says

By | April 26th, 2024|Uncategorized|Comments Off on 3-Alarm House Fire Likely Caused by Oily Rags, Newton Fire Chief Says

A three-alarm fire in Newton, Massachusetts this week was most likely caused by the combustion of oily rags used during renovations on the unoccupied home, according to Newton Fire Chief Gregory J. Gentile. The Newton Fire Department responded to 8 …

26 04, 2024

Jury Rejects Sex Abuse Claims Against Virginia School System by Former Student

By | April 26th, 2024|Uncategorized|Comments Off on Jury Rejects Sex Abuse Claims Against Virginia School System by Former Student

A jury on Wednesday rejected a woman’s lawsuit seeking tens of millions of dollars from Virginia’s largest school system over allegations that she was raped multiple times as a middle schooler. The woman, who was identified in court papers only …

26 04, 2024

Connecticut M&A Advisor Agrees to Pay $1.5M to Settle Data Breach Class Action

By | April 26th, 2024|Uncategorized|Comments Off on Connecticut M&A Advisor Agrees to Pay $1.5M to Settle Data Breach Class Action

Merritt Healthcare Advisors, a Connecticut mergers and acquisitions (M&A) advisory firm for healthcare practices, has agreed to a $1.525 million settlement of a class action stemming from a 2022 data breach. The money will go into a fund to compensate …

26 04, 2024

Orion180 Launches Homeowners Insurance in Arizona

By | April 26th, 2024|Uncategorized|Comments Off on Orion180 Launches Homeowners Insurance in Arizona

Orion180 is expanding its homeowners insurance services to Arizona under a push by the company into the Western U.S. Orion180 currently operates in Alabama, Arizona, Georgia, Indiana, Mississippi, North Carolina and South Carolina through its two insurance carriers. The company …

26 04, 2024

Boston Agent Charged With Creating Fake Insurance Policies to Collect Commissions

By | April 26th, 2024|Uncategorized|Comments Off on Boston Agent Charged With Creating Fake Insurance Policies to Collect Commissions

A Boston man has been charged with a fraud scheme in which prosecutors say he collected about $45,000 in unearned sales commissions on insurance policies he created using personally identifiable information stolen from individuals. The state attorney general’s office announced …

26 04, 2024

Family of Nigerian Businessman Killed in California Helicopter Crash Sues Charter Company

By | April 26th, 2024|Uncategorized|Comments Off on Family of Nigerian Businessman Killed in California Helicopter Crash Sues Charter Company

The family of a Nigerian business leader who died in a Southern California helicopter crash that killed five others in February filed a lawsuit claiming the flight should have been grounded because of treacherous weather. Relatives of Abimbola Ogunbanjo, the …