what we do
WHAT WOULD YOU LIKE TO DO TODAY?
INSURANCE NEWS
Deloitte to Pay $21.5 Million to Settle US Probe Over DEI
Accounting firm Deloitte will pay $21.5 million to settle a U.S. Department of Justice probe over diversity, equity and inclusion practices, which President Donald Trump’s administration has cracked down on during his second term in office. The settlement marks a …
Google Expands Gemini Enterprise AI Platform for Law Firms, Lawyers
Alphabet’s Google on Tuesday expanded its Gemini Enterprise artificial intelligence platform with new tools for lawyers and law firms, accelerating a race among technology companies to meet legal sector demand for AI. The company said its Gemini Enterprise for Legal …
People Moves: Alacrity Solutions Promotes Boyd to COO
Alacrity Solutions Group LLC, headquartered in Fishers, Indiana, promoted Lee Boyd to chief operating officer (COO). Backed by over two decades of experience in the insurance industry, Boyd joined Alacrity in 2021 and has held the roles of vice president …
Missouri Contractor Sentenced for Fraud Scheme
Missouri Attorney General Catherine Hanaway announced that a contractor has pled guilty to defrauding consumers through his residential contracting business. Gene M. Matlock, owner of Matlock Construction, pled guilty on August 17 to one felony count of deceptive business practices …
Texas Oil Industry Running Out of Space to Dispose Wastewater
Elected officials and industry leaders warn that Texas is at the “precipice” of running out of underground space to dispose of the nearly 1 billion gallons of wastewater that oil and gas production generates every day in the Permian Basin. …
Inszone Acquires Oklahoma’s Harris Insurance Services
Inszone Insurance Services announced the acquisition of Harris Insurance Services. This strategic acquisition strengthens Inszone’s personal lines footprint in Oklahoma, bringing a respected, century-old family agency into the Inszone family. Founded in 1925 by Charles R. Harris and later incorporated …
Canada Announces Retaliatory Tariffs on $20 Billion Worth of US Goods
Canada on Tuesday announced retaliatory tariffs on C$27.6 billion ($19.94 billion) worth of United States goods, matching dollar-for-dollar new duties imposed by Washington, and unveiled financial support for Canadian businesses and workers caught in the escalating trade war. The counter-tariffs …
Viewpoint: When Andrew Returns – A Look Back at a Pivotal Insurance Event
At five o’clock on the morning of August 24, 1992, Hurricane Andrew came ashore near Homestead, Florida, as a Category 5 storm. It was one of only four hurricanes known to have struck the continental United States at Category 5 …
How One Florida Gas Station Worker Allegedly Defrauded Progressive of $44,700
For more than a year, a 31-year-old Fort Lauderdale gas station attendant was able to defraud Progressive Insurance of more than $44,700 before the insurer and state authorities caught up with him, according to an arrest affidavit. The scheme worked …
Willis Towers Watson Accuses Lockton of ‘Smash and Grab’ of Construction Team
Insurance broker Willis Towers Watson (WTW) is accusing rival Lockton Companies and 18 former employees of WTW’s Northeast construction insurance team of engineering a “smash and grab” operation that began on August 19. On that day, 18 members of WTW’s …
Judge Rejects First Brands’ Plan to Pay Down Debts by Pursuing Lawsuits
A U.S. bankruptcy judge on Monday rejected auto parts maker First Brands’ proposal to pay back creditors by pursuing litigation against insiders, instead converting the case to a more straightforward Chapter 7 liquidation. U.S. Bankruptcy Judge Christopher Lopez said that …
Firefighters Make Gains on Nevada Wildfire That’s Destroyed 30 homes
Crews have started to contain a wildfire in the Sierra Nevada foothills near Reno, Nevada, that destroyed more than 30 homes as it spread perilously close to dense neighborhoods, officials said Monday. Containment reached 27% and there was no new …
