INSURANCE NEWS
Relation Insurance Acquires Mobeck-Guandalini in Connecticut
National insurance agency Relation Insurance Services has acquired Mobeck-Guandalini Insurance, a multi-line brokerage headquartered in Branford, Connecticut. Christopher Guandalini will continue to lead Mobeck-Guandalini Insurance under Relation going forward. Terms of the transaction were not disclosed. Mobeck-Guandalini Insurance transaction adds …
PCF Insurance Agencies Create Western Pacific Partners Group
Washington-based agencies Fortiphi Insurance and Western Pacific Insurance, both agency partners of PCF Insurance Services, announced the formation of the Western Pacific Partners Group led by Michael Ebert and Gabe Oh. The move aligns 19 independent insurance agencies within the …
Takeaways from Our Conversation on Cannatourism
Cannabis tourism, or more colloquially, “cannatourism,” is a billion-dollar and counting industry that includes everything from cannabis lounges to posh winery-tour style getaways with 4-star meals and messages. It’s a novel and unique industry with promise, and of a fair …
Phishing Triggers Majority of Cyber Claims in 2022 First Half: Coalition
Claims are down among Coalition policyholders in the first half of 2022, but small businesses became bigger targets and an organization’s employees remain the easiest was for cyber criminals to infiltrate and pull off scams. Coalition’s 2022 Cyber Claims Report …
North Dakota Official Says Medical Marijuana Would Decline if Pot Legalized
Legalizing recreational pot in North Dakota could cut the number of people who are registered to use the drug as medicine by at least 80%, due to access to bigger quantities and more varied products, a health official said Monday. …
Jury: Omaha Police Chief Retaliated Against Former Captain
A former Omaha police captain has prevailed in her lawsuit against Omaha Police Chief Todd Schmaderer and the city, having sued over allegations that the chief failed to promote her in retaliation for filing a discrimination complaint. A federal jury …
Dead Oklahoma Inmate Was Suing Over ‘Baby Shark’ Claim
An Oklahoma County inmate found dead in his jail cell over the weekend was a plaintiff in a lawsuit against the county alleging that in 2019, he and other inmates were tortured by jail employees who forced them to repeatedly …
Judge Appoints Mediator in New Orleans Hard Rock Hotel Collapse Lawsuits
A New Orleans judge has brought in a mediator to try to work out a settlement with hundreds of people who claim damage from collapse of part of a hotel under construction nearly three years ago. Plaintiffs say they were …
Judge Appoints Mediator in Hard Rock Hotel Collapse Lawsuits
A New Orleans judge has brought in a mediator to try to work out a settlement with hundreds of people who claim damage from collapse of part of a hotel under construction nearly three years ago. Plaintiffs say they were …
Google Must Face Most of Texas Lawsuit Over Ad Dominance, Judge Rules
Alphabet Inc’s Google must face all but one antitrust allegation about its online advertising business brought in a lawsuit by attorneys general for Texas and 16 other states or territories, a federal judge ruled on Tuesday. Google won its motion …
NBA Suspends Phoenix Suns Owner Over Racial Slurs, Harassment
The National Basketball Association suspended Phoenix Suns owner Robert Sarver for one year and ordered him to pay $10 million after an investigation found he used racial slurs, sexually harassed female employees and bullied some staff members. The league announced …
Lloyd’s Gives Green Light to Asta-Managed Trium Cyber Syndicate 1322
Asta, the third-party managing agent at Lloyd’s, announced that Trium Cyber, a new risk carrier backed by Jim Stanard’s Pelican Ventures, has received “in principle” approval from Lloyd’s. Trium Cyber Syndicate 1322 expects to write $50 million of gross premiums …