Insurance
Scottish American Acquires Hawkeye Wholesale in Washington
Scottish American acquired Hawkeye Wholesale Insurance Services Inc. in Liberty Lake, Washington. Hawkeye was founded in 2012. It has capabilities of underwriting in California, Idaho, Oregon, Texas and Washington. Scottish American was founded in 2009 and grew out of an …
Read More Ex-Health Executives Plead Guilty in Arkansas Fraud Case
Two former executives of a Missouri health nonprofit have pleaded guilty to their roles in a corruption scheme that ensnared several Arkansas elected officials and lobbyists, federal prosecutors said. Bontiea Bernedette Goss, 63, and her husband, Tommy Ray Goss, 66, …
Read More Mississippi River Low Water Level Threatens Barge Traffic
Parts of the Mississippi River are so low from weeks of drought that barge traffic is being limited at the worst possible time — as crop harvests begin. Some Mississippi River communities between St. Louis and New Orleans may see …
Read More National Flood Insurance Program Extended to Mid-December
Late last week President Joe Biden signed legislation passed by Congress to extend the National Flood Insurance Program’s authorization to Dec. 16, 2022. “NFIP reauthorization is an opportunity for Congress to take bold steps to reduce the complexity of the …
Read More Wisconsin Man Awarded $1.1 Million in Police Excessive Force Settlement
A 20-year-old Madison man should be awarded $1.1 million in a settlement agreement after surveillance video showed police repeatedly punching him in the head during a mental health crisis at a foster home in 2019, his attorneys said last week. …
Read More Chinese Billionaire Settles Minnesota Rape Allegations
Chinese billionaire and JD.com founder Richard Liu agreed to settle a lawsuit filed by a former University of Minnesota student who alleged he raped her in her Minneapolis apartment after a night of dinner and drinks with wealthy Chinese executives …
Read More U.S. Homeowners Line ‘Stable’ but Weather Events Present Uncertainty: AM Best
A day after Hurricane Ian hit Florida as a Category 4 storm Sept. 28, AM Best released its scheduled market segment report of the U.S. homeowners insurance market, calling it stable due to overall strong risk-adjusted capitalization, underwriting discipline, and …
Read More Insurtech Lemonade Launches in UK
Lemonade, the New York City-based insurer that is powered by artificial intelligence, has launched in the United Kingdom, following previous moves in France, Germany, and the Netherlands. Founded in 2015, Lemonade launched its flagship renters insurance in the U.S. in …
Read More People Moves: Canopius Names QBE’s Corrigan as Head of Change; Howden Taps AXA XL’s Lutgen as COO, Europe; IGI Hires Canopius’ Jarvis as CUO
This edition of International People Moves details appointments at re/insurers Canopius Group and International General Insurance Holdings Ltd. as well as the broker Howden. A summary of these new hires follows here. Canopius Names QBE’s Corrigan as Group Head of …
Read More Social Media Company Liability Draws US Supreme Court Scrutiny
The US Supreme Court will decide whether social media companies can be sued over targeted content recommendations, agreeing to hear an appeal from a family that says Alphabet Inc.’s Google bears some of the responsibility for a 2015 ISIS terrorist …
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