Insurance
People Moves: Woodruff Sawyer in California Names Parsons National Private Equity & Venture Capital Group Leader
Woodruff Sawyer named Luke Parsons the firm’s national private equity and venture capital practice group leader. Parsons was previously senior vice president of Woodruff Sawyer’s private equity and due diligence teams. He was named partner and senior vice president in …
Read More Massachusetts Farmers Get $20 Million in Disaster Relief After Rough Year
It was a rough year for many Massachusetts farmers who experienced a deep February freeze, a late May frost event, and catastrophic flooding in July. To help them recover from the damage, the Healey-Driscoll Administration announced that the state’s Natural …
Read More California Workers’ Comp Public Self-Insured Claim Volume, Total Paid and Incurred Losses Fall
Initial data on fiscal year 2022/23 public self-insured claims experience in the California workers’ compensation system show that public self-insured’s total claim volume, spurred by a sharp drop in indemnity claims, fell 16.8% in the 12 months ending June 30 …
Read More Oklahoma Insurance Department Adopts Surplus Lines Automation Suite
The Oklahoma Insurance Department announced the adoption of the Surplus Lines Automation Suite (SLAS) for the reporting and payment of all Oklahoma surplus lines premium taxes beginning January 1, 2024. For all Oklahoma policies effective January 1, 2024, and after …
Read More People Moves: XPT Specialty Adds Swift to Brokerage Team; Alliant Names Davis Employee Benefits VP in Kansas City
Swift Joins XPT Specialty Brokerage Team XPT Specialty, headquartered in New York, N.Y., hired Ben Swift as an underwriter/broker specializing in commercial binding accounts for Midwest retailers. Before joining XPT, Swift served as a senior commercial underwriter at Chubb Insurance, …
Read More US Officials Say Russian Hackers Are Launching Potential SolarWinds-Style Operations
U.S. officials say that Russian hackers are targeting servers hosting outdated versions of software made by the Czech tech company JetBrains for potential SolarWinds-style espionage operations. In a statement released on Wednesday, the U.S. National Security Agency, the FBI and …
Read More NHTSA Opens Probe Into 447,000 VW, Audi Vehicles
A U.S. auto safety regulator said on Thursday it is opening an investigation into 447,000 Volkswagen Golf and Audi A3 and cars over fuel leak reports and whether a 2016 recall adequately addressed the issue. The National Highway Traffic Safety …
Read More Football Player Araiza Dropped From California Rape Lawsuit
Former Buffalo Bills punter Matt Araiza is being dropped from a lawsuit filed by a woman who alleged she was raped by San Diego State University football players in 2021, it was announced. The woman agreed to dismiss Araiza from …
Read More Trump Again Denied Presidential Immunity in Carroll Defamation Case
A federal appeals court panel has rejected former President Donald Trump’s attempt to shield himself from a defamation suit by claiming presidential immunity. The three-judge Second Circuit Court of Appeals panel agreed with a federal district court that Trump waived …
Read More Allianz D&O Outlook: ESG Claims ‘Here to Stay’ and AI Rapping at the Door
While everyone may be talking about potential risks associated with generative artificial intelligence, a new directors & officers report from Allianz highlights a range of current concerns associated with environmental, social, and governance issues. Agree or not with the premise …
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