Insurance
Wealthspire Acquires California-Based Marin Financial Advisors
Wealthspire Advisors LLC, an NFP company, has entered into an agreement to acquire Marin Financial Advisors in Larkspur, California. Marin Financial Advisors has provided individuals and families with financial services since 1987. The firm is led by Principal Colin Drake, …
Read More Grange Insurance Association Seeks to Form Mutual Holding Company in Washington
Grange Insurance Association has submitted an application to the Washington State Office of the Insurance Commissioner to convert to a mutual holding company structure. The plan calls for two new parent entities to be formed, Granwest Mutual Holding Company and …
Read More Trump Threatens Trucking Safety Funds for California, New Mexico and Washington
California, New Mexico and Washington are at risk of losing a cumulative $46 million a year in federal trucking safety funds after the Trump administration accused the states of flouting English-language rules for commercial drivers. U.S. Department of Transportation Secretary …
Read More Fire at Louisiana Auto Plant Forces Mandatory Evacuation Order
A fire at an automotive supply plant in Louisiana was 90% contained Sunday, but a mandatory evacuation order remained in place as crews tried to address remaining flames, law enforcement officials said. The fire at Smitty’s Supply just north of …
Read More Texas Bill Would Levy Stricter Penalties on Camps Following Hill Country Flood
A bill that would tighten how youth camps are penalized for safety deficiencies and that would diminish the industry’s influence on a state advisory committee has gained traction in the Legislature. While Senate Bill 1 passed last week created a …
Read More Tesla Rejected $60M Settlement Before Losing $243M Autopilot Verdict
Billionaire Elon Musk’s electric vehicle company Tesla rejected a $60 million settlement proposal in a lawsuit over the 2019 fatal crash of an Autopilot-equipped Model S before a jury this month awarded a $243 million verdict in the case. Lawyers …
Read More People Moves: Alive Risk Names Carroll Underwriting Director, Entertainment Programs
Alive Risk, the sports, leisure and entertainment managing general underwriter of Ryan Specialty Underwriting Managers, the underwriting management division of Ryan Specialty announced that Scott Carroll has joined Alive Risk to serve as underwriting director of entertainment programs, reporting to …
Read More WalkerHughes Acquires Missouri’s S&R Insurance
WalkerHughes Insurance announced acquisition of S&R Insurance, a well-established retail insurance brokerage headquartered in St. Robert, Missouri. This strategic move marks WalkerHughes’ first presence in south-central Missouri and reinforces its commitment to delivering service and coverage to communities across the …
Read More People Moves: Miller Taps Howden’s Cumberland to Newly Created Role of Chief Broking Officer; HDI Global Promotes Tikhonov to Head of Marine Global Risk
This edition of International People Moves details appointments at the re/insurance broker Miller and insurer HDI Global. A summary of these new hires follows here. Miller Appoints Howden’s Cumberland to New Role of Chief Broking Officer Miller, the London-based independent …
Read More Federal Appeals Court Decertifies SC Class Action on Undervalued Totaled Vehicles
A federal appeals court has decertified a class of plaintiffs in a South Carolina lawsuit alleging that Progressive Insurance undervalued total-loss vehicles, the latest turn in multiple, similar suits against U.S. auto insurers. The U.S. 4th Circuit Court of Appeal …
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