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8 03, 2023

The Hack That Upended Derivatives Trading Spurs Calls for Action

By | March 8th, 2023|Uncategorized|Comments Off on The Hack That Upended Derivatives Trading Spurs Calls for Action

A cyberattack that disrupted derivatives trading in January is prompting calls for more oversight to combat the risk of hacks across financial markets. The top US derivatives regulator wants to update standards and monitoring systems that will help minimize the …

8 03, 2023

Burns & Wilcox Acquires Louisiana’s McIntyre & Associates

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Burns & Wilcox has signed a definitive agreement to acquire McIntyre & Associates, a Ruston, Louisiana based managing general agent. The deal is expected to close early in Q2 2023.. Family owned for two generations, McIntyre is a wholesale business …

8 03, 2023

Michigan Conservative Group Will Get Reward for Suing Over COVID-19 Loans

By | March 8th, 2023|Uncategorized|Comments Off on Michigan Conservative Group Will Get Reward for Suing Over COVID-19 Loans

MIDLAND, Mich. (AP) – A conservative economic-policy group will get a $22,500 reward for blowing the whistle on a Michigan teachers union and its insurance arm, which got $12.5 million in government-backed loans during the early months of the COVID-19 …

8 03, 2023

General Contract Fined $154K After Painter Fatally Falls 21 Feet Off Balcony

By | March 8th, 2023|Uncategorized|Comments Off on General Contract Fined $154K After Painter Fatally Falls 21 Feet Off Balcony

A 51-year-old painting contractor at a residential apartment complex in Cleveland stepped onto a third-floor balcony and it tilted suddenly, causing him to fall 21 feet onto the concrete below. As he lay injured, the balcony slid off its wall …

8 03, 2023

Louisiana Supreme Court Suspends Hurricane Damage Attorney

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The Louisiana Supreme Court suspended indefinitely the law license of the attorney who manages McClenny Moseley & Associates’ office in New Orleans — the latest setback for a law firm that paid nearly $14 million for client leads and filed …

8 03, 2023

People Moves: McCain to Retire from Frankenmuth Insurance

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McCain to Retire from Frankenmuth Insurance Frankenmuth Insurance Senior Vice President Phil McCain will retire on June 2 after 37 years of service and leadership. McCain started at the company, headquartered in Frankenmuth, Michigan, as a programmer in 1986. He …

9 03, 2023

People Moves: PCF Names New President; California Department of Insurance Appoints Members

By | March 9th, 2023|Uncategorized|Comments Off on People Moves: PCF Names New President; California Department of Insurance Appoints Members

PCF Insurance Services in Lehi, Utah, named Jenni Lee Crocker president. Crocker was PCF’s senior vice president, growth and operations for the past year. She will remain on the board of directors at PCF after completing her two-year tenure as …

9 03, 2023

Takeaways from Our Conversation with Cannabis Regulators Group

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Model regulations states can follow similar to their cannabis industries may be just around the corner. Such guidelines are in place for state insurance regulators from the National Association of Insurance Commissioners. The insurance industry has NAIC. Cannabis has CANNRA. …

9 03, 2023

Connecticut Sues Firearm Companies Over Ghost Gun Sales

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Connecticut on Tuesday sued four gun companies it accused of mailing illegal firearm parts with no serial numbers to an undercover state investigator, the latest legal filing by states and cities seeking to crack down on untraceable ghost guns. Announcing …

9 03, 2023

Fla. Adjuster Suspended, But Case Raises Big Question: Must Appraisers Be Licensed?

By | March 9th, 2023|Uncategorized|Comments Off on Fla. Adjuster Suspended, But Case Raises Big Question: Must Appraisers Be Licensed?

A public adjuster that has been vilified by insurers for disrupting and delaying property inspections has been suspended for two years by an administrative law judge. But state regulators’ recommendations in the case have raised new and potentially far-reaching questions …