Insurance
Toll Rises to 8 Dead, 63 Hurt in Louisiana Interstate Pileup Blamed on Fog, Fire Smoke
The toll from a series of crashes on a Louisiana interstate rose to eight dead and 63 injured, a day after a “super fog” of marsh fire smoke and dense fog snared more than 160 vehicles in the fiery pileup, …
Read More People Moves: FSLA Names DeMott New President, Adds Board Members
The Florida Surplus Lines Association installed new officers and directors at its recent annual convention, including new President Dave DeMott, of Gridiron Insurance Underwriters. Other FSLA 2023-2024 board members include: President-elect: Virginia Clancy, ASLI, CIIP, TAPCO Underwriters, Inc. Treasurer: Al …
Read More Liberty Mutual Announces 850 Layoffs
Boston-based global insurer Liberty Mutual has confirmed that it is laying off about 850 workers, or 2% of its workforce, in the U.S. The terminations will be felt in several departments this month and many will become effective by the …
Read More TWFG Acquires Jeff Kincaid Agency in North Carolina
TWFG Insurance, also known as The Woodlands Financial Group, has continued its growth trajectory with the acquisition of Jeff Kincaid Insurance Agency, which has five offices in North Carolina. Kincaid, a former Nationwide Mutual Insurance agent, brings an $18 million …
Read More Employee Receives $44K for Vermont Employer’s Retaliatory Firing
Kingsbury Companies LLC has paid a worker $40,000 in punitive damages and $3,901 in back pay after the company terminated the employee in retaliation for speaking with the employer and other employees about whether they were receiving the correct pay, …
Read More A Second Baltimore Firefighter Has Died After Battling Rowhouse Fire
]A second Baltimore firefighter has died from injuries sustained while battling a rapidly intensifying blaze that engulfed multiple rowhouses in northwest Baltimore last week, a city official said. Lt. Dillon Rinaldo was hospitalized in critical but stable condition after the …
Read More People Moves: New Hampshire Promotes Nyhan to Deputy Insurance Commissioner
The New Hampshire Insurance Department announced the promotion of Keith Nyhan as the deputy commissioner. Nyhan has served as director of the Consumer Services unit since 2007. Nyhan brings 28 years of experience in the financial services and insurance sectors …
Read More UK Warns of Fake Ozempic Pens After Hospitalizations
Britain on Thursday cautioned the public about buying fake weight-loss pens claiming to contain Novo Nordisk’s diabetes drug Ozempic or weight-loss drug Saxenda after reports of a “very small number” of hospitalizations. The warning from the country’s medicines regulator comes …
Read More Three Baltic Pipe and Cable Incidents ‘Are Related’: Estonia
The three incidents that resulted in damage to a gas pipeline and two telecom cables between Estonia, Finland and Sweden “are related,” Estonian Prime Minister Kaja Kallas said. Finnish police leading the pipeline investigation have named the Hong-Kong-flagged container carrier …
Read More Markets/Coverages: Liberty Launches National Private Client Practice Group
The Liberty Company Insurance Brokers announced its National Private Client Practice Group, spearheaded by Liberty Partner Steve Rivera. With over two decades of experience in insurance, Rivera, a former executive at Momentous Insurance Brokerage, Inc., now a Marsh McLennan Agency, …
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