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4 01, 2021

Global Risk Solutions Acquires Texas’ Tailored Adjustment Services

By | January 4th, 2021|Uncategorized|Comments Off on Global Risk Solutions Acquires Texas’ Tailored Adjustment Services

Global Risk Solutions Inc., a provider of property/casualty claims, environmental risk management and complex claims products and services, has acquired Tailored Adjustment Services Inc., based in Colleyville, Texas. Tailored, specializes in property/casualty claims as well as litigation management. It was …

4 01, 2021

Oklahoma Fire Department Earns Highest ISO Protection Classification

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The Norman Fire Department in Oklahoma has achieved the highest Public Protection Classification (PPC) rating from the Insurance Service Office (ISO), the insurance department reported. The ISO rates over 50,000 fire departments in the United States. Less than 1% of …

4 01, 2021

Officials Assess Building Damage in Nashville from Christmas Bombing

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Officials continue to assess building damage caused by the Christmas Day bombing as law enforcement officials on Thursday allowed media outlets the first opportunity to survey the downtown Nashville explosion site. The photos show blown out windows, debris spilling out …

4 01, 2021

Michigan’s Provision Insurance Appoints Irvine as Chief Financial Officer

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Provision Insurance Group, an independent insurance agency headquartered in Bingham Farms, Mich., has named Chris Irvine as its chief financial officer and a member of its executive leadership team. Irvine previously served as director of Finance and Operations for Teamworks, …

4 01, 2021

Brown & Brown Acquires Assets of Ohio’s Berry Insurance Group

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Brown & Brown of Ohio LLC, a subsidiary of Brown & Brown Inc., has acquired substantially all of the assets of Berry Insurance Group, based in Ohio. Founded in 2002 by Mark Berry, Berry Insurance Group has grown to one …

4 01, 2021

California State Fund Declares 10% Dividend for 2020 Policy Year

By | January 4th, 2021|Uncategorized|Comments Off on California State Fund Declares 10% Dividend for 2020 Policy Year

State Compensation Insurance Fund in California on Monday announced plans to distribute a $39 million dividend to its qualifying policyholders with policies that took effect between Aug. 27 and Dec. 31, 2020. The dividend equals roughly 10% of the estimated …

4 01, 2021

Mississippi Defends Medical Marijuana Initiative Against ‘Baseless’ Suit

By | January 4th, 2021|Uncategorized|Comments Off on Mississippi Defends Medical Marijuana Initiative Against ‘Baseless’ Suit

A mayor’s lawsuit is making baseless arguments as it seeks to overturn a medical marijuana initiative that Mississippi voters approved, state attorneys said in court papers filed Monday. Madison Mayor Mary Hawkins Butler filed the lawsuit in late October. She …

4 01, 2021

Aviation Reinsurance Rates Rise by as Much as 250% in January Renewals: Willis Re

By | January 4th, 2021|Uncategorized|Comments Off on Aviation Reinsurance Rates Rise by as Much as 250% in January Renewals: Willis Re

Aviation reinsurance rates rose by up to 250% at the key Jan. 1 renewal date, broker Willis Re said in a report on Monday, with the market still reeling from the impact of Boeing 737 MAX crashes two years ago. …

4 01, 2021

Brazil Petrochemical Company Braskem Settles Lawsuits over Sinking City for $1.75B

By | January 4th, 2021|Uncategorized|Comments Off on Brazil Petrochemical Company Braskem Settles Lawsuits over Sinking City for $1.75B

BRASILIA – Brazilian petrochemical company Braskem SA said on Wednesday it reached a 9.1 billion reais ($1.75 billion) deal to settle lawsuits over cracks and sinking ground near its salt mines in the city of Maceio that requires thousands to …

4 01, 2021

Fatal Accident Halts Production at Hyundai’s S. Korean Factory After Refit for New EV

By | January 4th, 2021|Uncategorized|Comments Off on Fatal Accident Halts Production at Hyundai’s S. Korean Factory After Refit for New EV

SEOUL – Production at Hyundai Motor’s factory in Ulsan, South Korea, was halted on Monday after a worker died in an accident, shortly after the plant was refitted to manufacture a new electric vehicle, a labor ministry official and union …