Insurance
World Insurance Acquires Walker Agency in Massachusetts
World Insurance Associates reports it has acquired Allan M. Walker Insurance Agency of Taunton, Massachusetts. Terms of the transaction were not disclosed. The Allan M Walker Insurance Agency has been in business since1847. It offers commercial and personal insurance, as …
Read More New Alabama Regs Kick in on Custodials, Clearing Co’s, Captives and Home Fortification
The Alabama Department of Insurance has updated a number of regulations in keeping with the National Association of Insurance Commissioners’ model regulations and recommendations from the Insurance Institute for Business and Home Safety. Some of the rules, which take effect …
Read More People: Georgia Agents Elect Iverson President
The Independent Insurance Association of Georgia has installed longtime member Michael Iverson as president of the organization. Iverson is CEO of the M.D. Iverson Group, an insurance agency in Fairburn, Georgia. He has previously served as chairman of the IIAG, …
Read More California Surplus Lines Association Lowering Stamping Fee
The Surplus Line Association of California board voted to drop the association’s stamping fee to 0.18%. Effective Jan. 1, 2023, the stamping fee will adjust downward from its current 0.25% level that took effect on Jan. 1, 2020. The stamping …
Read More Iowa Assistant AG Sues Des Moines Police Over Protest Arrest
An assistant attorney general in Iowa is suing the city of Des Moines and its police chief over his arrest during a June 2020 racial justice protest, alleging he was tackled, pepper-sprayed and handcuffed for no reason. The lawsuit filed …
Read More NTSB: Dad, Not 13-Year-Old, Was Driving Truck That Hit Golfers’ Van in Texas
A Texas man, not his 13-year-old son, was driving the pickup truck that crossed into the oncoming lane and struck a van carrying New Mexico college golfers, killing nine people, and he had methamphetamine in his system, investigators said Thursday. …
Read More Skittles Are Toxic, Federal Lawsuit Claims
Mars Inc. has been sued by a consumer who claims that Skittles candies are unfit to eat because they contain a known toxin that the company had pledged six years ago to phase out. In a proposed class action filed …
Read More Progressive Corp. Records June, Q2 Loss
Progressive Corp. said Friday it recorded a loss of about $543 million for the second quarter 2022 and a loss of $436.7 million in June. Pretax loss on securities in Q2 were about $1.18 billion – $564 million in June. …
Read More Uvalde, Texas Video Raises More Calls for Police Accountability
As video taken inside Robb Elementary School puts in full view the bewildering inaction by law enforcement during the May slaughter of 19 children and two teachers, some in Uvalde are shouting: Will police face consequences? Only one officer from …
Read More Fireman’s Fund on Hook for Criminal Defense Costs for ‘Lottery Lawyer’
As the criminal trial of a New York lawyer charged with bilking lottery winners out of more than $80 million got underway this week in a federal court in Brooklyn, one insurer was likely watching closely as it will be …
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