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12 03, 2021

Lawmakers Reviewing Alabama Medical Marijuana Legislation Passed by Senate

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The Alabama House of Representatives began a lengthy review of medical marijuana legislation on Wednesday, requiring the bill to go through two committees before it can secure a vote by the full House. The Alabama Senate approved the bill by …

12 03, 2021

Opinion: Garland’s Appointment a Beacon in Cannabis Insurance Space

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Joe Biden’s election as President of the United States and the Democrats’ reclamation of control of the U.S. Senate may well have far-reaching effects on the U.S. cannabis industry, including, but not limited to, ultimately impacting what insurance coverage is …

12 03, 2021

Report: California Comp Virus Claim Volume Plummeted in February

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The wave of COVID-19 claims that hit the California workers’ compensation system at the end of 2020 has subsided for the time being as the number of claims reported to the state Division of Workers’ Compensation for February fell to …

9 03, 2021

Hub International Acquires Assets of Pennsylvania’s Davis Trachtenberg Inc.

By | March 9th, 2021|Uncategorized|Comments Off on Hub International Acquires Assets of Pennsylvania’s Davis Trachtenberg Inc.

Global insurance brokerage Hub International Limited has acquired the assets of Davis Trachtenberg Inc. (DTI). Terms of the transaction were not disclosed. Located in Newtown Square, Pennsylvania, DTI is a full-service insurance agency providing clients with commercial and personal insurance. …

9 03, 2021

Settlement Reached in New York Teen Athlete’s Training Drill Death

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The mother of a high school football player who died in New York after a 400-pound log fell on him during a military-style training drill has settled her lawsuit over the teen’s death for a seven-figure sum, according to her …

9 03, 2021

Legacy Specialist DARAG Acquires Bermuda-Based SunPoint from Fosun International

By | March 9th, 2021|Uncategorized|Comments Off on Legacy Specialist DARAG Acquires Bermuda-Based SunPoint from Fosun International

DARAG, the Malta-based legacy acquirer, announced the acquisition of SunPoint Holdings Ltd. in Bermuda. SunPoint will be integrated into DARAG Bermuda Ltd and will provide DARAG Bermuda with a platform for further expansion. DARAG purchased SunPoint from Fosun International for …

9 03, 2021

Auto Insurance Shopping Stabilizes, State-Level Competition Intensifies: J.D. Power

By | March 9th, 2021|Uncategorized|Comments Off on Auto Insurance Shopping Stabilizes, State-Level Competition Intensifies: J.D. Power

As the country hits the one-year mark of the arrival of COVID-19, auto insurance industry trends are beginning to show a return to the pre-pandemic baseline, which will further intensify the ongoing customer acquisition war. As consumers hunkered down under …

9 03, 2021

Mosaic Begins Underwriting War, Terrorism & Political Violence Risks Globally

By | March 9th, 2021|Uncategorized|Comments Off on Mosaic Begins Underwriting War, Terrorism & Political Violence Risks Globally

Mosaic, the new Bermuda-based global specialty insurer, announced it has begun underwriting war, terrorism and political violence risks globally out of offices in London and New York. Mosaic will offer tailored coverage for a full spectrum of commercial, industrial and …

9 03, 2021

Arizona City Struggling to Emerge from Cyberattack

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Kingman officials say municipal employees aided by Arizona National Guard technology personnel this week continued working to unravel a cyberattack that targeted the northwestern Arizona city’s computer system days earlier. The attack last Friday knocked down the system, with results …

9 03, 2021

Alaska Files $1B Lawsuit Against 21 Poultry Businesses

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Alaska has sued 21 businesses involved in the poultry industry, claiming the businesses operated a cartel and illegally inflated the price of most chicken sold in the state. The Alaska Department of Law filed a consumer-protection lawsuit late last month …