Insurance
ALKEME Acquires ACW Group in Hawaii
ALKEME acquired the ACW Group in Honolulu, Hawaii. ACW Group is headquartered out of Oahu, with California offices in San Francisco and La Quinta. It was established in 2009 by Russell Akamine, Kirk Christman and Jeffrey Wall, and has 20 …
Read More SterlingRisk Acquires Worldwide Insurance in Florida
New York-based SterlingRisk, a privately held insurance broker, has acquired Worldwide Insurance Group, headquartered in Coral Gables, Florida. Worldwide’s founder and president, Anthony Ruidiaz, will become managing director of SterlingRisk of Florida. He essentially traded his interest in Worldwide and …
Read More People Moves: Liberty Mutual Names Orloff President, GRS, Middle Market; Risk Strategies Appoints a COO
Liberty Mutual Names Orloff President, Global Risk Solutions North America, Middle Market Liberty Mutual Insurance has appointed Marc Orloff as president of Global Risk Solutions (GRS) North America, middle market. Liberty is headquartered in Boston, Massachusetts. Orloff most recently served …
Read More Univ. of Texas System Pauses New DEI Policies
The University of Texas System’s board of regents said Wednesday it has put a pause on all new policies that promote diversity, equity and inclusion at its 13 university and health campuses and asked all school leaders to provide a …
Read More Tx. Dental Practice to Pay Back Wages to Workers Fired for Raising COVID Concerns
Two workers at a North Texas dental practice will share $15,706 in back wages to be paid by the dentists who fired them for raising concerns about COVID-19 safety measures in Spring 2020, following a federal whistleblower investigation and litigation …
Read More Insurers’ Digital Claims Tools Failing Customers: J.D. Power
Calling the trend “worrying,” J.D. Power’s new property claims satisfaction report indicated that insurers’ digital tools to speed the claims process are not pleasing homeowners insurance customers, especially for longer-tail claims tied to catastrophes. According to the J.D. Power 2023 …
Read More Parts of Northern US Shut Down Ahead of Massive Winter Storm
MINNEAPOLIS (AP) – States in the northern plains are largely shutting down ahead of a massive winter storm that could dump up to 2 feet of snow in some areas, accompanied by strong winds and dangerously cold temperatures. The blizzard-like …
Read More Norfolk Southern CEO Apologizes to Ohio Residents, Vows to ‘Do What’s Right’
Norfolk Southern NSC.N will take responsibility for cleaning up the environmental damage from this month’s train derailment and controlled detonation of hazardous materials in East Palestine, Ohio, its chief executive said on Wednesday. The comments by CEO Alan Shaw to …
Read More Chubb Announces Name of New Global Climate Unit, Appoints 3 Execs
Chubb announced the name for its new global climate business unit, Chubb Climate+, while appointing three executives who have joined the business unit’s leadership team. Chubb Climate+, which was launched in January, will provide insurance products and services to businesses …
Read More DOL Recovers OT Pay for NC Workers Misclassified as Independent Contractors
More than 180 workers at a North Carolina company will receive about $1,000 each in overtime pay after the U.S. Department of Labor found that the workers had been misclassified as independent contractors. “Employers who improperly misclassify employees as independent …
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