29 04, 2024

People Moves: Smith Joins Alliant as Specialty Lending Practice EVP; Braniff, Jr. Named EVP, Alliant Americas

By | April 29th, 2024|Uncategorized|Comments Off on People Moves: Smith Joins Alliant as Specialty Lending Practice EVP; Braniff, Jr. Named EVP, Alliant Americas

Smith Joins Alliant Insurance Services as Specialty Lending Practice EVP Alliant Insurance Services, headquartered in Irvine, California, named Michael R. Smith as executive vice president, Alliant Specialty, in the firm’s Financial Institutions industry vertical. Smith is based in Dallas. Smith …

30 04, 2024

Ring in California Paying $5.6M to Customers as Part of Privacy Settlement

By | April 30th, 2024|Uncategorized|Comments Off on Ring in California Paying $5.6M to Customers as Part of Privacy Settlement

The Federal Trade Commission is sending more than $5.6 million in refunds to consumers as part of a settlement with Amazon-owned Ring, which was charged with failing to protect private video footage from outside access. In a 2023 complaint, the …

30 04, 2024

Jersey Shore Town and State Agree on Plan to Replenish Eroded Beaches

By | April 30th, 2024|Uncategorized|Comments Off on Jersey Shore Town and State Agree on Plan to Replenish Eroded Beaches

A long-running sandstorm at the Jersey Shore could soon come to an end as New Jersey will carry out an emergency beach replenishment project at one of the state’s most badly eroded beaches. North Wildwood and the state have been …

30 04, 2024

Flow Specialty in California Emerges from Rebrand, Adds New Leadership

By | April 30th, 2024|Uncategorized|Comments Off on Flow Specialty in California Emerges from Rebrand, Adds New Leadership

Capitola Insurance in California has completed its rebranding to Flow Specialty and the specialty wholesaler has added new leadership. David Derigiotis has been named president of brokerage and head of insurance. Derigiotis has 20 years of specialty insurance industry experience, …

30 04, 2024

Inszone Acquires Van Oppen & Co. 2 in Wyoming

By | April 30th, 2024|Uncategorized|Comments Off on Inszone Acquires Van Oppen & Co. 2 in Wyoming

Inszone Insurance Services acquired Van Oppen & Co. 2 in Wyoming. Founded in 2008 by Rick van Oppen, the firm has specialized in serving the needs of the architectural, engineering and environmental sectors. Sacramento, California-based Inszone is an insurance brokerage …

30 04, 2024

‘Fearless Girl’ Lawsuit by State Street Settles on Eve of Trial

By | April 30th, 2024|Uncategorized|Comments Off on ‘Fearless Girl’ Lawsuit by State Street Settles on Eve of Trial

State Street Corp. and the artist it commissioned to create Wall Street’s sculpture have settled a 2019 lawsuit on the eve of trial. The bank, which commissioned the artwork, was set to square off against the sculptor, Kristen Visbal, in …

30 04, 2024

Hazing Concerns Prompt University of Virginia to Expel 1 Fraternity, Suspend 3 Others

By | April 30th, 2024|Uncategorized|Comments Off on Hazing Concerns Prompt University of Virginia to Expel 1 Fraternity, Suspend 3 Others

Concerns about hazing have prompted the University of Virginia to terminate one local fraternity and suspend three others on its Charlottesville campus, the school said Wednesday. The university said in a statement that the Pi Kappa Alpha chapter had “engaged …

30 04, 2024

Key Insurer Says Russia Oil Price Cap Increasingly Unenforceable

By | April 30th, 2024|Uncategorized|Comments Off on Key Insurer Says Russia Oil Price Cap Increasingly Unenforceable

A Group of Seven-imposed cap on the price of Russia oil is becoming increasingly unenforceable, an organization at the heart of the global insurance industry said, offering one of the most direct criticisms yet of measures that were meant to …

30 04, 2024

Fla. Regulators’ Effort to Remove Insurer Execs May Not Pass Constitutional Muster

By | April 30th, 2024|Uncategorized|Comments Off on Fla. Regulators’ Effort to Remove Insurer Execs May Not Pass Constitutional Muster

Current and former leaders with Florida property insurers have had some strong reactions to state regulators’ recent efforts to oust company executives who previously helmed now-insolvent carriers. Some have called the unprecedented regulatory action unfair, misguided and impossible to substantiate, …

30 04, 2024

Vale, BHP Offer $25B Settlement for Mining Disaster, but Brazil Authorities Want More

By | April 30th, 2024|Uncategorized|Comments Off on Vale, BHP Offer $25B Settlement for Mining Disaster, but Brazil Authorities Want More

Vale, BHP and their joint venture Samarco have presented Brazilian authorities with a settlement proposal related to reparations for the 2015 Mariana tailings dam burst, but local prosecutors still want them to bump up their offer. The proposal, the Brazilian …