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21 12, 2021

Florida Man Sentenced for Starting Fires Behind Tampa Publix

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A Florida man has been sentenced to five years in prison for setting fires behind the same Tampa Bay-area grocery store three days in a row starting on Christmas last year. Robert Timon Lovett, 50, of Bradenton, was sentenced Monday …

21 12, 2021

Georgia Man Wanted for Deliberately Damaging Roof During Inspection

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Solicitation by roofers may be a problem in many states, but in Georgia, authorities are now searching for a man who offered to inspect a home’s roof after a storm then deliberately damaged more than 200 shingles. The Georgia Insurance …

21 12, 2021

Nephila Capital’s New Syndicate 2358 Funded by Lloyd’s-Sponsored Investment Vehicle

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Nephila, the Bermuda-based insurance-linked securities manager, has funded its newly launched Syndicate 2358, with capital provided through London Bridge Risk PCC (LBR PCC), a Lloyd’s-sponsored protected cell company. The new transaction provides reinsurance capital from a diverse group of investors, …

21 12, 2021

Title Insurer Stewart Acquires Midwest, Florida Title Firms

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Stewart Information Services Corp. reported it has acquired firms in the Midwest and Florida as it continues to gain scale. Stewart has acquired Greater Illinois Title Co., which is headquartered in Chicago, and operates Greater Illinois Title, Greater Indiana Title, …

21 12, 2021

Cyber Disruptions of Infrastructure Networks Can Cost Millions in a Day

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The resilience of America’s critical infrastructure networks has been tested over the last year by a number of serious disasters – both natural and manmade — including winter storms shutting down electrical grids in Texas and the ransomware attacks on …

21 12, 2021

National African American Insurance Association Charters 3 New Chapters

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The National African American Insurance Association (NAAIA) announced the chartering of three new chapters: Arkansas, Colorado and Los Angeles. The three new chapters join these 18 existing and pending chapters: Atlanta, Boston, Chicago, Cleveland, Columbus, Dallas-Fort Worth, Detroit, Florida (Tallahassee), …

21 12, 2021

California Attorney Suing Walmart for Illegal Disposal of Hazardous Waste

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California Attorney General Rob Bonta filed a statewide lawsuit against Walmart for the illegal disposal of hazardous waste. Bonta was joined by the California Department of Toxic Substances Control and 12 district attorneys. The suit alleges that over the past …

21 12, 2021

A Month After Washington Floods, Slow Return to Normal

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Over a month has passed since flooding inundated northwest Washington’s Whatcom County that caused some $50 million in damage. As Roger De Bruin returned to his flood-damaged home in Sumas recently, the word devastation came to his mind, KING-TV reported. …

21 12, 2021

Private Equity Firm Kelso Invests in ReSource Pro, Takes Majority Interest

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Private equity firm Kelso & Co. has completed an investment in property/casualty insurance processing and services firm ReSource Pro, taking a majority interest in the company, the firms have reported. Terms of the private transaction were not disclosed. ReSource Pro …

21 12, 2021

Ohio Car Dealership to Pay $390K over Age Discrimination Suit

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Davis Automotive Group, Inc., doing business as BMW Cleveland, an automobile dealership located in Solon, Ohio, will pay $390,000 and furnish significant equitable relief to settle an age discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission, the federal …