INSURANCE NEWS
Weachter Agency in Tampa Joins Renaissance Alliance
Tampa-based Rip Weachter Insurance agency has become part of the Renaissance Alliance, a rapidly growing national network of independent agencies. Rip Weachter, founded in 1989, offers personal lines, commercial lines, contractors’ liability, workers’ compensation and cyber insurance coverage, the companies …
Smart Choice Makes Tennessee Agency Its 22nd Acquisition
Smart Choice, a network of independent agents, has acquired Carriage Hill Insurance, an agency in Tennessee. The agency has $4 million in annual revenue, with offices in Lenoir City, Oak Ridge, Brentwood and Athens, Tennessee. The owner, Todd Henderson, now …
Trial Lawyers Back Republican in Florida House Race, Insurers Favor Democrat
In a twist of fate and a sign of the times, some Florida business groups are backing the Democrat in a state House race in the Tampa area, while trial lawyers are putting their weight behind the Republican challenger. The …
Virginia Commonwealth University Reaches Settlement With Hazing Victim’s Family
Virginia Commonwealth University will pay nearly $1 million to the family of a young man who died after a 2021 fraternity hazing incident as part of a recent settlement agreement. The agreement with the family of Adam Oakes also requires …
Court Rules In Favor of Officer in Oklahoma Teen’s Death Lawsuit
An appeals court ruling could mean the end of a federal lawsuit filed by the parents of a Black teenager who was naked and unarmed when he was shot and killed by suburban Oklahoma City police in 2019. Police said …
Louisiana Flood Victims Receive $95 Million Settlement 39 Years Later
Louisiana families and businesses in Tangipahoa Parish are a step closer to getting paid for flood damages in 1983 caused by the construction of Interstate 12. A $95 million payment was approved Friday by the Joint Legislative Committee on the …
Judge OKs Fund for University of Michigan Doctor’s Victims
A judge on Friday signed off on a fund for more than 1,000 people who said they were sexually assaulted by a University of Michigan doctor, an order that allows victims to start collecting a portion of a $490 million …
Crash That Killed Indiana Congresswoman Blamed on Failed Passing Attempt
A staffer for U.S. Rep. Jackie Walorski was trying to pass a flat-bed truck on a northern Indiana highway last month when the SUV they were in crashed into an oncoming car, killing Walorski and three other people, police said …
Acrisure Acquires Illinois’ B2Z Insurance
Acrisure announced it has acquired B2Z Insurance, a digitally native company that helps business owners obtain customizable insurance coverage in minutes. The acquisition of B2Z strengthens Acrisure’s digital offering and complements its recent partnership with QuickInsured, a technology insurance platform …
U.S. Traffic Deaths in First Half 2022 Hit 16-Year High
U.S. traffic deaths rose 0.5% in the first half of 2022 to 20,175, the highest number killed in the period since 2006, according to an early estimate released by U.S. regulators. Traffic deaths have jumped after pandemic lockdowns ended as …
Gallagher Re Taps Aon’s Bowen as Chief Science Officer; Aon Names Jursa CEO of Commercial Risk, Czech Republic; Gridel Joins Howden M&A to Lead Europe Biz Devel
This edition of International People Moves details appointments at Gallagher Re, Aon and Howden M&A. A summary of these new hires follows here. Gallagher Re Names Aon’s Bowen as Chief Science Officer Gallagher Re, the global reinsurance broker, announced it …
Fiona, Now a Hurricane, Hammers Puerto Rico and DR, But Will Miss U.S.
Hurricane Katrina will miss Florida and the East Coast, but has left catastrophic flooding and widespread power outages in Puerto Rico and battered the Dominican Republic with 90 mph winds, according to news reports. The Dominican Republic was expected to …