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3 05, 2021

Buffett Extols U.S. Economic Recovery, Laments SPACs, Shrugs Off Tax Hike

By | May 3rd, 2021|Uncategorized|Comments Off on Buffett Extols U.S. Economic Recovery, Laments SPACs, Shrugs Off Tax Hike

Warren Buffett said on Saturday that Berkshire Hathaway Inc. is being lifted by a U.S. economy faring far better than he predicted early in the coronavirus pandemic, though investor euphoria is making it hard to deploy cash. Speaking at Berkshire’s …

3 05, 2021

West Virginia’s Billion-Dollar Trial Against Opioid Distributors Gets Underway

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The three largest U.S. drug distributors, who are accused of helping fuel the opioid crisis that has resulted in nearly 500,000 overdose deaths in the United States, will defend themselves in a trial that kicks off on Monday. The trial …

3 05, 2021

Buffett Says Non-Insurance Executive Abel Is His Likely Successor

By | May 3rd, 2021|Uncategorized|Comments Off on Buffett Says Non-Insurance Executive Abel Is His Likely Successor

Warren Buffett ended long-running speculation about his successor at Berkshire Hathaway Inc by saying Greg Abel, who oversees the conglomerate’s non-insurance businesses, would be named chief executive if he were to step down. Buffett, 90, told CNBC that “the directors …

3 05, 2021

People Moves: Argo’s Grange Joins B&B’s Programs; Bridge Names Zurich’s Batta; Liberty Mutual Promotes Rhodes in Claims

By | May 3rd, 2021|Uncategorized|Comments Off on People Moves: Argo’s Grange Joins B&B’s Programs; Bridge Names Zurich’s Batta; Liberty Mutual Promotes Rhodes in Claims

Grange Replaces Heath at B&B’s National Programs Unit Jeff Grange has been named president of Tampa Programs, part of Brown & Brown National Programs, which includes the Dental Protector Plan, Lawyers Protector Plan, Protector Plans for optometrists and physicians, and …

3 05, 2021

Fire at Rehoboth Beach Restaurant Causes $500K Damages

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Fire marshals are investigating the cause of a restaurant fire in Rehoboth Beach that caused half a million dollars in damage. The Delaware Office of the State Fire Marshal said the blaze started around 2 a.m. Saturday at Shrimpy’s Pub …

3 05, 2021

Baltimore County to Pay $1.1M to Settle Church’s Religious Bias Claims

By | May 3rd, 2021|Uncategorized|Comments Off on Baltimore County to Pay $1.1M to Settle Church’s Religious Bias Claims

Baltimore County has agreed to pay $1.1 million to resolve a religious discrimination lawsuit over a county board’s denial of a church’s expansion plan. The Baltimore Sun reports that the county and Hunt Valley Baptist Church reached the March 31 …

3 05, 2021

Kansas Supreme Court Upholds Law Barring ‘Wrongful Birth’ Suits

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Kansas’ highest court on April 30 upheld a law barring so-called wrongful birth lawsuits against doctors, in a case in which a couple sued because they weren’t told of serious fetal defects until after an abortion could have been obtained. …

3 05, 2021

USI Insurance Services Acquires Northwest Insurance Service’s Insurance Business

By | May 3rd, 2021|Uncategorized|Comments Off on USI Insurance Services Acquires Northwest Insurance Service’s Insurance Business

USI Insurance Services (USI), a provider of risk management, employee benefit and retirement plan consulting, has completed its acquisition of the insurance business offered through Northwest Insurance Services from Northwest Bank, a subsidiary of Northwest Bancshares Inc. Northwest Insurance Services …

3 05, 2021

Insurvia Buys La Familia Agency in Texas

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Insurvia, a Gemspring Capital portfolio company with holdings including Fiesta Insurance and Bravo General, has acquired La Familia Agency LLC, an independent insurance agency based in Dallas, Texas. La Familia Agency (LFA) specializes in providing automotive and related insurance products …

3 05, 2021

Missouri House Passes New Bill Limiting COVID-19 Lawsuits

By | May 3rd, 2021|Uncategorized|Comments Off on Missouri House Passes New Bill Limiting COVID-19 Lawsuits

The Missouri House on April 29 advanced a bill to limit pandemic-related lawsuits, a top priority for Republican Gov. Mike Parson. The GOP-led House gave the proposal initial approval in a voice vote. It’s unclear if the bill will make …