Insurance
Indianapolis Fire Sends 5 Into Cardiac Arrest
INDIANAPOLIS (AP) – An Indianapolis apartment fire left a 28-year-old man and four children ages 1, 3, 12 and 14 unconscious, in cardiac arrest and hospitalized in critical condition, authorities said Tuesday. Indianapolis firefighters performed CPR on the five victims …
Read More U.S. Congress to Investigate FAA Computer Outage That Snarled Flights
U.S. lawmakers will review the cause of a Federal Aviation Administration computer system outage overnight on Tuesday that sparked a nationwide ground stop and delayed or canceled more than 10,000 U.S. flights. Senate Commerce Committee Chair Maria Cantwell, a Democrat, …
Read More Google Argues it Doesn’t Block Rivals in Bid to Kill U.S. Government Antitrust Lawsuit
Google parent Alphabet on Wednesday argued that a court should toss out a government antitrust lawsuit against it, saying that agreements it made with Apple and others to make Google the default search engine do not bar smartphone makers from …
Read More Reinsurers Retreat From US Disaster Hotspots on Climate Risks
Reinsurers are increasingly reconsidering their business in natural disaster-prone locations including California and Florida as losses mount, according to Moody’s Investors Service. Climate change has increased wildfire risk in California while hurricane losses in Florida have already seen a number …
Read More Jury Should Decide if Lack of Captain ‘Increased Hazard’ for Yacht Lost in Dorian, Court Says
For hurricanes with erratic paths that prove difficult to predict, property insurers could soon find it trickier to justify some claims denials for boats, yachts and other movable marine structures, thanks to a recent appeals court decision. The 11th U.S. …
Read More ‘American Horror Story’ TV Production Firms Sued Over Driver’s COVID Death
The wife of a late Massachusetts man is suing the companies involved in the 2021 production of “American Horror Story” on Cape Cod, alleging their lack of precautions to prevent the spread of COVID-19 led to his death. In a …
Read More Hilb Group Acquires Oak Ridge Surety Agency in Pennsylvania
The Hilb Group has acquired Oak Ridge Surety Agency in West Chester, Pennsylvania, which specializes in surety bond programs and commercial insurance. Martin Hellman and his team of insurance professionals will become part of Hilb Group’s Mid-Atlantic regional operations. The …
Read More Arthur J. Gallagher Acquired John C. Breckenridge in California
Arthur J. Gallagher & Co. acquired Sacramento, California-based John C. Breckenridge Insurance Solutions Inc. John Breckenridge, Lisa Breckenridge and their team will remain in their current location under the direction of Kevin Garvin, head of Affinity North America for Gallagher’s …
Read More Safety Agency Says Trailer Truck Striking Back of Party Bus Caused Fatal Virginia Crash
WILLIAMSBURG, Va. (AP) — When a tractor trailer struck the rear of a bus last month carrying more than 20 people in Virginia, the passenger compartment of the bus was destroyed and several passengers were ejected, the National Transportation Safety …
Read More Alera Group Acquires Insurance Benefits by Design in Colorado
Alera Group acquired Insurance Benefits by Design in Colorado. Insurance Benefits by Design offers insurance benefits for employers, individuals and families. IBBD is an affiliate of Sage Benefit Advisors, an Alera Group company. The team will continue serving clients in …
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