Insurance
The MEMIC Group to Acquire The Dakota Group, Including Risk Administration Services
Workers’ compensation specialist The MEMIC Group, led by parent company Maine Employers’ Mutual Insurance Company, has entered into an agreement to acquire The Dakota Group, including Risk Administration Services, Inc. and its four affiliated insurance services companies. The combining of …
Read More WalkerHughes Insurance Adds Indiana’s Brady Benefits to Midwest Platform
WalkerHughes Insurance announce the addition of Brady Benefits, a Fort Wayne-based Employee Benefits brokerage, to its growing Midwest platform. Brady Benefits, led by respected industry veteran Matt Brady, specializes in group health and ancillary benefits. The firm brings a strong …
Read More SEC Chair Says Markets Can Decide ‘Cadence’ of Company Reports
Investors and banks are likely to help set any new timeline for public company reporting as regulators press ahead on President Donald Trump’s bid to end quarterly reports, U.S. Securities and Exchange Commission Chairman Paul Atkins told CNBC on Friday. …
Read More 12th Home in 5 Years Collapses into Surf on North Carolina Outer Banks
A beachfront stilt home along the Outer Banks in North Carolina has collapsed into the surf, bringing the total number of houses claimed by the Atlantic Ocean to 12 in the past five years. The two-story, wood-shingled home in Buxton, …
Read More Morgan & Morgan Wants Court to Allow Early Mickey Mouse in Auto Injury Ads
Is Steamboat Willie “For the people?” That’s a question that one of the largest personal injury law firms in the United States is asking a federal court in central Florida to decide. The law firm Morgan & Morgan, known for …
Read More Businesses Underinvesting in Climate Adaptation Despite Intensifying Hazards: Marsh
Most businesses are failing to invest in needed climate adaptation as other business priorities and resources take precedence over climate initiatives, according to a survey published by Marsh, the insurance broker and business of Marsh McLennan. While 75% of organizations …
Read More Forecasters Give Tropical Storm in Atlantic a Name, Say it Should Strengthen Soon
Tropical Storm Gabrielle formed Wednesday in the Atlantic Ocean but was far from land, forecasters said. The center of Gabrielle re-formed from its morning position and was located about 990 miles (1,600 kilometers) east of the Northern Leeward Islands, the …
Read More People Moves: HDI Global USA Appoints Griffin to Lead Casualty Business
HDI Global Insurance Company (HGIC), the U.S. carrier of international Corporate & Specialty insurer HDI Global (HDI), headquartered in Chicago, Illinois, appointed Bruce Griffin as head of casualty. Griffin is based out of HGIC’s Chicago headquarters. Griffin, who previously served …
Read More Southern California Edison, Others Settle to Recover $2B Tied to Wildfires
Southern California Edison has reached a settlement agreement with several intervenors to allow the utility to recover about $2 billion of $5.6 billion in losses tied to the 2017–2018 wildfire and mudslide events. Out of the $2 billion, about $1.6 …
Read More EU Proposes Full Ban on Russian LNG From 2027, a Year Early
The European Union proposed a complete ban on imports of Russian liquefied natural gas from Jan. 1, 2027, as part of its latest measures to curb President Vladimir Putin’s ability to wage Moscow’s war against Ukraine. The EU also proposed …
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