Insurance
Insurance Agent Earned Town’s Trust. But Officials Say He Ran a $95M Ponzi Scheme.
For decades, Miles “Burt” Marshall was the man you went to see in a stretch of upstate New York if you had some money to invest but wanted to keep it local. Working from an office in the charming village …
Read More $3.75M to Estate of Unarmed Man Fatally Shot by Oregon Police
The city of Portland, Oregon, is set to pay $3.75 million to the estate of an unarmed man who was shot and killed by police in 2022 after being mistaken for an armed robbery suspect. The city settled with Immanueal …
Read More Judge Strikes Down Trump Guidance Against DEI at Schools and Colleges
A federal judge last Thursday struck down two Trump administration actions aimed at eliminating diversity, equity and inclusion programs at the nation’s schools and universities. In her ruling, U.S. District Judge Stephanie Gallagher in Maryland found that the Education Department …
Read More Rockford Mutual Launches Commercial Insurance Offerings in Michigan
Rockford Mutual announced the official launch of their suite of commercial insurance products in the state of Michigan, effective August 18, 2025 This strategic expansion includes Businessowners Policies (BOP), Commercial Package Policies (CPP), and Commercial Umbrella coverage, designed to meet …
Read More Swiss Re Tops List of Largest Reinsurers on its Shift to IFRS-17 Accounting: AM Best
Swiss Re tops the list of the world’s 50 largest reinsurers as a result of its adoption of the IFRS-17 accounting standards, which also led to a shuffle among the top-tier reinsurers, according to AM Best. Swiss Re had previously …
Read More Temporary Barriers Spared Alaska’s Capital From Severe Flooding, Long-Term Fix Elusive
The glacial flooding that sent residents of Alaska’s capital city scrambling this week has become an annual ordeal for those who live along the picturesque river that winds from the nearby Mendenhall Glacier. This year, a giant wall of reinforced …
Read More Arthur J. Gallagher Completes $13.5 Billion Acquisition of AssuredPartners
Arthur J. Gallagher & Co. announced it has closed the previously announced acquisition of U.S. insurance broker AssuredPartners, further expanding its retail middle-market property/casualty and employee benefits focus across the U.S. Gallagher announced in December that it had agreed to …
Read More US Plans $750M Fly Factory in Texas to Stop a Flesh-Eating Cattle Parasite
The U.S. plans to build a $750 million factory in southern Texas to breed billions of sterile flies, ramping up its efforts to keep flesh-eating maggots in Mexico from crossing the border and damaging the American cattle industry. Secretary Brooke …
Read More Six Killed in Michigan Collision Between Truck and Van Carrying Amish Group
A pickup truck went through a stop sign in rural Michigan and crashed into a van carrying members of an Amish community, killing at least six people, authorities said. The crash occurred last Tuesday afternoon in Tuscola County’s Gilford Township, …
Read More Michigan Man Wins $60M in False Charges Case
A jury awarded nearly $60 million last week to a man who accused a disgraced Michigan prosecutor and a police officer of violating his rights in filing sexual abuse charges in a case that was ultimately dismissed by the state …
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