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28 07, 2021

Keystone Agency Investors Partners with 2 Midwest Agencies

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Keystone Agency Investors (KAI), a private equity backed investment firm that is a majority owner of independent insurance agencies, entered into equity partnerships with Arachas Group LLC in Bartlett, Illinois, and Mason McBride Inc. in Troy, Michigan. Arachas Group is …

28 07, 2021

Regulators to Fine North Dakota Pipeline Operator $93K for Safety Issues

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Federal regulators say they plan to fine the operator of the Dakota Access Pipeline $93,200 over pipeline safety violations. The Pipeline and Hazardous Materials Safety Administration says the violations pertain to physical aspects of the pipeline and monitoring systems. There …

28 07, 2021

Deadline Nears for FEMA Aid Applications in SW Louisiana

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Southwest Louisiana residents and businesses have only a few more days to apply for federal disaster assistance because of property damage or other eligible losses in May due to severe storms, tornadoes and flooding. FEMA said homeowners, renters or business …

28 07, 2021

California, Nevada Governors Tour Site of Massive Wildfire

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The governors of California and Nevada called for more federal firefighting assistance Wednesday as they toured a region blackened by one of several massive wildfires that have destroyed dozens of homes in the West. Nevada Gov. Steve Sisolak and California …

29 07, 2021

Labor Commissioner Cites Three California Grocers $447K over COVID-19 Paid Sick Leave

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The California Labor Commissioner’s Office cited three El Super grocery stores in Southern California for failing to provide or delaying supplemental paid sick leave or other benefits to 95 workers impacted by COVID-19. Some of the workers were reportedly forced …

29 07, 2021

Scientists Call for Urgent Climate Change Action, Citing ‘Tipping point’

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The California Climate Insurance Working Group has released 40 state and local policy recommendations focused on reducing damage and improving recovery following a wildfire, extreme heat wave, or flood. The report “Protecting Communities, Preserving Nature, and Building Resiliency; How First-of-Its-Kind …

29 07, 2021

People Moves: Bahn Joins RPS in Illinois; Keller Joins IFG Primary Casualty in Chicago; Omaha National Promotes Perry

By | July 29th, 2021|Uncategorized|Comments Off on People Moves: Bahn Joins RPS in Illinois; Keller Joins IFG Primary Casualty in Chicago; Omaha National Promotes Perry

Risk Placement Services Bruce Bahn joined Risk Placement Services (RPS) in Rolling Meadows, Ill., as the vice president of business and product development. In this new position, Bahn will be responsible for leading the firm’s new product and program development …

29 07, 2021

West Virginia Lawsuit Over Opioids Reaches Closing Arguments

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Three major U.S. drug distributors should be held responsible for sending a “tsunami” of prescription pain pills that caused a health crisis in one corner of West Virginia, an attorney for local governments said in closing arguments Tuesday in a …

29 07, 2021

Lloyd’s Plans Insurance for Electric Vehicles, Hydrogen Fuel in Climate Change Fight

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Lloyd’s of London plans to develop insurance products for electric vehicles and hydrogen as part of its efforts to fight climate change, the specialist insurance market said on Thursday. Lloyd’s published a climate action road map to speed the move …

29 07, 2021

People Moves: Monarch E&S Hires Currier; Howden Specialty Names Two Executive Directors for Financial Lines Division

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Monarch E&S Monarch E&S Insurance Services has named Heather Currier operations manager. Currier will be based out of Monarch’s Florida branch with responsibilities covering the company’s national platform. With 20 years of insurance experience, Currier has proven success in developing …