INSURANCE NEWS
SEC Bribery Unit Probes Technology Companies’ Use of Contractors
The US Securities and Exchange Commission is asking publicly traded tech companies about their relationships with distributors and other business partners outside the US in a push to root out possible corruption, according to people familiar with the matter. The …
Nationwide Survey Finds Distracted Driving Still an Issue
A survey of passenger car and commercial drivers finds that distracted driving is still a significant safety issue, according to a recent survey by insurance carrier, Nationwide. The new latest driving behaviors survey revealed additional risky behaviors impacting all drivers …
A New Approach: Florida Agents Association Makes Big Investment in Startup Insurer
The Florida Association of Insurance Agents, the largest agent group in the state, has taken the unprecedented step of investing in a startup insurance carrier, a move designed to help keep agents in the game and bring more capacity to …
Could Modern Protections Have Saved Baltimore Bridge? Debate Is Underway.
When a 900-foot container ship struck the San Francisco–Oakland Bay Bridge in 2007, the span stood firm and no one died, either on the ship or the highway above. The bridge’s supports were protected by a fendering system of concrete …
People Moves: Post Joins Alliant as SVP; Crest Adds to Tucson and Scottsdale Teams
Post Joins Alliant Insurance Services as Senior Vice President Alex Post has joined Alliant Insurance Services as senior vice president, Alliant Specialty. Based in Seattle, Post has worked exclusively with global power, utility and renewable clients. He most recently served …
ALKEME in California Undergoing ‘Regional Alignment’ to Improve Efficiency
ALKEME in California announced the creation off two regions called West – North region and the West – South/South Pacific region for its operations as part of actions the firm said will enhance operations, speed decision-making and improve efficiencies. ALKEME …
Report: Four-in-10 California Workers’ Comp Claims from Workers with Less Than a Year of Tenure
Roughly four-in-10 workers’ compensation claims come from workers with less than one year of tenure, a new report from the Workers’ Compensation Insurance Rating Bureau of California shows. The report shows 40% of workers’ comp claims come from workers with …
Kansas Newspaper Seeks $10M Over Police Raids
TOPEKA, Kan. (AP) — A weekly central Kansas newspaper and its publisher filed a federal lawsuit Monday over police raids last summer of its offices and the publisher’s home, accusing local officials of trying to silence the paper and causing …
Illinois Hog Farm Sued for Gender Identity Discrimination
Sis-Bro, Inc., a hog farm in New Athens, Illinois, violated federal law when it allowed an employee to be harassed because of her sex and gender identity, forcing her to quit, the U.S. Equal Employment Opportunity Commission (EEOC) charged in …
UK’s Ardonagh Advisory Completes Acquisition of Westfield Brokers
Ardonagh Advisory, the London-based SME broking platform and part of Ardonagh Group, has completed its acquisition of Westfield Brokers Ltd. Financial details of the deal, which was first announced in December 2023, were not disclosed. Westfield Brokers, which trades under …
Multiple Hurt in Texas Crash Caused by High Winds
MIDLAND, Texas (AP) — Multiple people were hurt Monday in a pileup involving as many as 30 vehicles at an intersection south of Midland, Texas, as high winds blew dust that made visibility difficult, the Texas Department of Public Safety …
People Moves: Upland Promotes Walas to Chief Underwriting Officer
Upland Capital Group, Inc., headquartered in Dallas, promoted Kate Walas to chief underwriting officer. Walas joined Upland as senior vice president for the professional liability errors and omissions product line. Before joining Upland, she served as the chief underwriting officer …