INSURANCE NEWS
Muscle Car Theft Ring Arrests Follow Postal Worker Holdup
Thieves are using cloned key fobs to steal Dodge muscle cars and other high-powered vehicles directly from dealerships and even automakers in Michigan, then selling them for tens of thousands of dollars less than their value, according to authorities and …
Inszone Insurance Completes Acquisition of Precision in Colorado
Inszone Insurance Services acquired Precision Insurance in Colorado. Precision Insurance was opened in November of 2017 by Heather McBroom. Inszone was founded in 2002 and is headquartered in Sacramento, California. Inszone provides property/casualty insurance, along with employee benefits solutions.
People Moves: LSM Switzerland Promotes Hefel to Country Mgr; BHSI Names Bruce-Kahn as CE, Singapore; Howden CAP Taps Marsh’s van Kuffeler Chief Commercial Officer
This edition of International People Moves details appointments at Liberty Specialty Markets (LSM), Berkshire Hathaway Specialty Insurance (BHSI) and Howden CAP. A summary of these new hires follows here. Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance’s Global Risk …
Marijuana Activists Hope Biden’s Pardons Influence Arkansas Voters
There are few surprises expected on Election Day in solidly Republican Arkansas, where Donald Trump’s former press secretary is heavily favored in the race for governor and other GOP candidates are considered locks. But one big exception is the campaign …
Risk Strategies Acquires Relation Education Solutions in California
Risk Strategies acquired Relation Education Solutions from Relation Insurance Services. The deal adds key capabilities to Risk Strategies’ National Education Practice. A division of California-based Relation Insurance Services, Relation Education Services offerings complement existing Risk Strategies Education Practice capabilities, including …
New Mexico Licensing Department Subject of Cyber Attack
The New Mexico agency that oversees professional licenses for thousands of businesses across the state has been the target of a cyber attack. Officials said there was evidence of unauthorized access of the Regulation and Licensing Department and that some …
5.0 Quake Confirmed During Hawaii’s Mauna Loa Volcano Unrest
A magnitude 5.0 earthquake was the strongest of a series of temblors that struck Friday on Hawaii’s Mauna Loa, the largest active volcano on the planet that scientists say is in a “state of heightened unrest,” the U.S. Geological Survey …
Washington Fruit Company Sued Over Discrimination, Retaliation
A fruit company in central Washington is accused in a federal lawsuit of discriminating against an employee based on her sex, and retaliating against her and her husband. The U.S. Equal Employment Opportunity Commission alleges in the lawsuit filed last …
Georgia County Officials Charged with Civil Rights Violations in Firing of Workers
A federal lawsuit filed Thursday accuses Georgia’s Bartow County of violating the Civil Rights Act of 1964 when it fired two Black men two years ago. U.S. Attorney Ryan K. Buchanan of the Northern District of Georgia said the county, …
Exxon’s Russia Oil Output Collapsed After Rejection of Local Tanker Insurance: Sources
Oil output at the giant Exxon-led Sakhalin-1 Russian Pacific project collapsed following the U.S. major’s refusal to accept local insurance for tankers after Western insurers pulled out due to sanctions, several industry sources told Reuters. Western insurers withdrew cover from …
Lessons from Hurricane Michael Being Applied to Ian Recovery in SW Florida
Four years before Category 4 Ian wiped out parts of southwest Florida, the state’s Panhandle had its own encounter with an even stronger hurricane, Michael. The Category 5 storm all but destroyed one town, fractured thousands of homes and businesses …
Storm Batters Maine Coastal Communities
A storm packing strong winds and heavy rain lashed the New England coast on Friday with the greatest impact in Maine, where more than 100,000 homes and businesses lost power. The storm brought a gust of 72 mph (116 kph), …