INSURANCE NEWS

The Target Markets, The Institutes Launch Program Business Professional Designation

The Target Markets Program Administrators Association (TMPAA) and The Institutes Knowledge Group created a new credential for program insurance professionals, the Program Business Professional (PBP) designation. The PBP designation is set to officially launch in May at the upcoming TMPAA …
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Former California Insurance Agent Found Guilty of Taking $1.2M from Victims

Former licensed insurance agent Brett E. Lovett, 53, of Camarillo, California, was found guilty of 29 felony counts including grand theft, elder abuse, money laundering, and burglary after a 15-month California Department of Insurance investigation reportedly found he defrauded at …
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BlackRock Gets Legal Warning Over ESG Funds From Mississippi

BlackRock Inc. faces the prospect of being barred from offering securities in Mississippi after state officials accused the investment firm of making “fraudulent” statements regarding its climate strategy. This marks at least the second time BlackRock has faced legal action …
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Man Pleads Guilty to Hacking Computers of Georgia City Police and Medical Clinic

Robert Purbeck, also known as “Lifelock,” and “Studmaster,” who hacked into the computer servers of the police department of Newnan, Georgia and a medical clinic in Griffin, Georgia, has pleaded guilty to federal charges of computer fraud and abuse, according …
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Accuweather Predicts Above-Average 2024 Atlantic Hurricane Season

Accuweather meteorologists are predicting an above-average Atlantic hurricane season with as many as 20-25 named storms. The 2024 hurricane season is forecast to feature 8-12 hurricanes including 4-7 major hurricanes. This year has the potential to break the all-time record …
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People Moves: Lockton Taps Marsh’s Gill to Build Technology Specialty Practice

Lockton Taps Marsh’s Gill to Build Technology Specialty Practice Lockton, the independent insurance broker, announced that Manpreet “Preet” Gill is joining the firm’s technology specialty to build and grow a practice focused on developing creative solutions to address a variety …
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Dairy Cattle in Texas and Kansas Test Positive for Bird Flu

Milk from dairy cows in Texas and Kansas has tested positive for bird flu, U.S. officials said Monday. Officials with the Texas Animal Health Commission confirmed the flu virus is the Type A H5N1 strain, known for decades to cause …
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People Moves: Powers Insurance & Risk Management Hires Steinkoetter

Powers Insurance & Risk Management, headquartered in St. Louis, hired Josh Steinkoetter as a commercial lines sales account executive. Steinkoetter brings 20 years of experience in the insurance industry to the role. Before joining Powers, he was a risk management …
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People Moves: Files Joins Alliant Team in Houston

Alliant Insurance Services, headquartered in Irvine, California, hired April Files as senior vice president within the Alliant Americas division. Based in Houston, Texas, Files will service industries in the Southwest and nationally. Files comes to Alliant with more than 24 …
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Disney Ends Fight With Governor DeSantis by Settling Florida Lawsuit

A board appointed by Ron DeSantis to oversee the municipal authority that governs Walt Disney Co. in Florida has voted to settle a state lawsuit against the company. The board of the Central Florida Tourism Oversight District unanimously approved a …
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Canada’s Desjardins Acquires Insurance Company of Prince Edward Island

Canada-based Desjardins, through its subsidiary Desjardins General Insurance Group Inc., and ICPEI Holdings Inc. announced they have entered into definitive agreements for Desjardins to indirectly acquire all of ICPEI’s issued and outstanding shares. ICPEI Holdings operates The Insurance Company of …
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Hospitality Workers Ratify New Contract with 34 Southern California Hotels

Thousands of Southern California hospitality workers overwhelmingly ratified a new contract with 34 hotels after repeated strikes since the summer, their union announced. Workers won higher pay, increased employer contributions to pensions, and fair workload guarantees among other provisions of …
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