INSURANCE NEWS
Acrisure Buys Naming Rights of Pittsburgh Steelers Home Field
Grand Rapids, Michigan-based fintech Acrisure has purchased the naming rights of the Pittsburgh Steelers’ home field, which will be known as Acrisure Stadium. No financial terms for the 15-year deal were announced. Acrisure will take over the name rights immediately. …
British Regulator Moves to Reform Standards for Corporate Financial Reporting
Starting in January 2024, company directors will have to give investors stronger reassurance that annual reports are free of fraud after collapses at retailer BHS and builder Carillion, Britain’s accounting watchdog said on Tuesday. The British government said in May …
Court Says Health Care Workers Suing Maine Governor Must Reveal Identities
Nine health care workers who sued Democratic Maine Gov. Janet Mills over the state’s COVID-19 vaccine mandate have until Money to reveal their identities. The workers have so far remained anonymous, but on Thursday, a federal appeals court in Boston …
Officials Investigating Recent Vandalism, Fires at Maryland Churches
Investigations are underway into several weekend incidents of apparent arson and vandalism at churches in Maryland, authorities said. Montgomery County authorities said the incidents took place at three churches of different denominations a short distance away from each other in …
Yosemite Wildfire Growing as California’s Wildfire Season Develops
A wildfire threatening the largest grove of giant sequoias in Yosemite National Park more than doubled in size in a day, and firefighters were working in difficult terrain Sunday to protect the iconic trees and a small mountain town as …
People Moves: BHSI Names Guinea to Customer Post in Spain; Catalina Appoints New CEOs in Asia and U.S.
BHSI Names Guinea to Customer Engagement Post in Spain Berkshire Hathaway Specialty Insurance (BHSI) announced that Eduardo Guinea has joined the organization as head of customer and broker engagement in Spain. He will be based in Madrid. Guinea comes to …
Digital Insurer Ranger Raises $5.25M With Assist From A-Rod for Agent Platform
Digital insurer Ranger said it just closed a $5.25 million seed round to further its development of a digital platform that promises to modernize the role of insurance agents, evolving their role into a home protection advisor. The round was …
Texas Power Grid Operator Warns of Rolling Blackouts Amid Record Heat
The operator of Texas’s power grid on Sunday called on state residents for the second time this year to conserve energy, warning of potential rolling blackouts amid predictions for record-high temperatures on Monday. The state faces a “potential reserve capacity …
Iowa Man Charged With Insurance Fraud
Stephen Allen Allgood Jr., age 33, of Eddyville, was charged with one count of Insurance Fraud – Presenting False Information (Class D Felony) following an investigation by the Iowa Insurance Division’s Fraud Bureau.The charges against Allgood stem from an investigation …
Applied Underwriters Bumps All Staff Salaries 10% to ‘Keep Up With Inflation’
Applied Underwriters on July 11 said it increased staff salaries across the board by 10% to keep up with inflation and its implications. The dramatic adjustment, far outpacing industry averages, came as predictions of inflation made by the company’s lead …
Michigan Shop That Sold Gun in School Shooting Named in Suit
The parents of a teenager wounded during a mass shooting at Oxford High School in Michigan are suing the shop that sold the handgun used to kill four students and injure six other people. The complaint filed last week in …
Louisiana Identifies State’s First Known Case of Monkeypox
Louisiana’s first detected cases of monkeypox have been found in a state resident and a visitor from out of state, the Louisiana Department of Health reported last week. “There are likely more undiagnosed human cases of monkeypox existing in Louisiana …