Insurance
Ameris Bank Agrees to Invest $9M in Jacksonville, Settling DOJ Redlining Charges
Ameris Bank, an Atlanta-based corporation with operations in seven Southeastern states, has agreed to invest $9 million in minority neighborhoods in Jacksonville, part of a settlement with the U.S. Department of Justice over alleged redlining practices. “As today’s case makes …
Read More Seiffert Insurance Agency Joins VIAA
Seiffert Insurance Agency recently joined Valley Insurance Agency Alliance (VIAA), a cohesive family of more than 160 independent insurance agencies in Missouri and Illinois. Founded in 2023, Seiffert Insurance Agency was created by owner Anthony Seiffert, who has seven years …
Read More Kansas Producer License Fees to be Reduced by $1.2 Million in 2024
Kansas producer licensing fees will be reduced by $1.2 million beginning in January, 2024, Insurance Commissioner Vicki Schmidt announced. Resident producer application fees will be reduced from $30 to $15, and non-resident producer fees will be reduced from $80 to …
Read More Storm Babet Sparks Red Alert as Scotland Braces for Flooding
Storm Babet has triggered a red alert in Scotland as exceptional rainfall and flooding pose a “danger to life,” according to the Met Office. About 350 homes are being evacuated in Brechin, as Scotland braces for its first red weather …
Read More People Moves: Lockton Taps Aon Veteran Guffanti as Head of Continental Europe; Markel Australia Appoints Rogers From AXA XL as Head of Queensland
This edition of International People Moves details appointments at Lockton in London and Markel Australia. A summary of these new hires follows here. Lockton Taps Aon Veteran Guffanti as Head of Continental Europe Lockton, the world’s largest independent insurance broker, …
Read More People Moves: Prime Names Schlueter SVP, Healthcare Professional Liability; Alliant Adds Hansen to Minneapolis Benefits Team
Prime Insurance Company Names Schlueter SVP, Healthcare Professional Liability Prime Insurance Company, headquartered in Chicago, Ill., named Bart Schlueter as senior vice president and head of healthcare professional liability. Schlueter has over 25 years of experience in the insurance industry, …
Read More UK Financial Watchdog Says Some Funds Mislead Investors With ESG Label
Britain’s financial watchdog said on Thursday it was having to “push back” against some investment funds that misleadingly attempt to label themselves as being focused on environmental, social and governance (ESG) based performance. Regulators across the world are seeking to …
Read More New York Attorney General Sues Crypto Firms Gemini, DCG, Genesis for Alleged Fraud
bankruptcybakruptNew York Attorney General Letitia James on Thursday sued cryptocurrency firms Genesis Global, its parent company Digital Currency Group (DCG) and Gemini for allegedly “defrauding” investors of more than $1 billion. The development underscores the challenges the crypto industry continues …
Read More Uber Driver Must Face Injury Claim for Picking Up Passenger 2 Feet From Curb
Uber and one of its New York drivers who failed to pull within a foot of the curb when picking up a passenger must face a negligence lawsuit after all. A lower court had dismissed the negligence suit against Uber …
Read More Allstate Says Q3 Catastrophe Losses Were $1.2 Billion
Allstate Corp. today reported September catastrophe losses of $317 million and total catastrophe losses for the third quarter of about $1.2 billion pretax. Seventeen events in September resulted in catastrophe losses of about $357 million, partially offset by favorable reserve …
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