Insurance
Former Attorneys for McClenny Moseley & Associates Seek to Lift Suspension in Western District of Louisiana
Former attorneys for McClenny Moseley & Associates hope to persuade a federal judge to lift a suspension that prevents them from practicing in the Western District of Louisiana, including one young lawyer who says he had been practicing law less …
Read More Minivan Crash in Wisconsin Causes Building Facade Collapse and Roof Damage
GREEN BAY, Wis. (AP) __ A minivan crashed into a building in Wisconsin, toppling much of its brick facade and leaving much of its roof sagging precariously, police said Monday. Officers called to an area near downtown Green Bay late …
Read More WTW Q2 Net Income Down 16%
Second-quarter net income at broker WTW was down 16%, compared to the same period a year ago, to $96 million. Revenue at WTW was up 6% to $2.16 billion, with organic growth up 7%. WTW Chief Executive Office Carl Hess …
Read More Big ‘I’ Report: Independent Agency Channel Slowly Growing
The independent agency channel is holding ground and showing slow, steady gains in lines of business penetration, including homeowners, according to the Big “I” 2023 Market Share Report. Based on 2022 data, this year’s report points to the growth of …
Read More Marsh Names Williamson CEO of MGU Business, Victor
Charles Williamson has been hired by Marsh to become chief executive officer of it global managing general underwriting business, Victor. Williamson was most recently co-founder and CEO of Vault, an MGA and reciprocal exchange for the high net worth market. …
Read More People Moves: Allen Joins Maine’s BroGue Insurance; Alliant Adds Beilein in New York
Allen Joins BroGue Insurance & Financial Services BroGue Insurance & Financial Services, headquartered in Bangor, Maine, hired Elaine Allen as a personal lines account manager. Allen started her insurance career with Farmers Insurance as a retention specialist and most recently …
Read More Liberty Mutual to Stop Offering Business Owner’s Policy In California As Costs Bite
Property and casualty insurer Liberty Mutual will stop offering its business owner’s policy (BOP) product in wildfire-prone state California from Oct. 1, in a sign that cost inflation and higher catastrophe losses are pounding insurers’ profits. A spokesperson for Liberty …
Read More Florida Democratic Senators Host Facebook Town Halls on Continuing Insurance Crisis
Two Florida Democratic state senators are hosting webinars this month and next on the state’s property insurance situation. “Homeowners Insurance 101: A Guide for Insurance Coverage,” a series of virtual town hall meetings, began Wednesday on the Florida Senate Democratic …
Read More Purdue Pharma’s Bankruptcy, Sackler Family Protection Plan Move Ahead
OxyContin maker Purdue Pharma can start executing a settlement that protects members of the Sackler family who own the company from civil lawsuits over the toll of opioids, a court ruled Tuesday. The ruling from the 2nd U.S. Circuit Court …
Read More Biden Administration Opens Investigation Into Harvard University’s Legacy Admissions
Opening a new front in legal battles over college admissions, the U.S. Department of Education has launched a civil rights investigation into Harvard University`s policies on legacy admissions. Top colleges` preferential treatment of children of alumni, who are often white, …
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