INSURANCE NEWS

Texas Staffing Agency to Settle EEOC Disability Lawsuit

Peak Performers, incorporated as St. Vincent de Paul Rehabilitation Services of Texas, Inc., an Austin-based staffing agency providing staffing and recruitment services for workers with disabilities, agreed to pay $160,000 to a disabled former employee and institute significant reforms to …
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Texas Medical Marijuana Industry Sprouts New Businesses, Patients

After lawmakers blunted expansion for years, Texas’ medical marijuana industry is slated to see more marijuana operators coming online, current ones opening more facilities and more Texans enrolling in the program this year. In September, Texas officially rolled out the …
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Alliant Latest to Sue Howden US Over Alleged ‘Smash-and-Grab’ Poaching

Alliant Insurance Services is the latest to join a group of brokers suing new competitor Howden US over what it calls Howden’s “smash-and-grab” strategy to take teams from other brokers. The suit also names three former employees—Jessie Guerrero, Christina Murphy, …
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Companies Work to Handle Safety Challenges of New Venezuelan Oil Exports: Sources

Oil companies aiming to participate in new exports of Venezuelan crude to the U.S. following the ouster of President Nicolas Maduro are in hasty discussions to find tankers and put together operations to transfer the crude safely from vessels and …
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Business Moves: Nexus Acquires Medical Tourism MGA; SRG Buys North of England Broker Kennett; Jensten Buys 3 Brokers, Gaining 1st Entry in Scotland

Nexus Buys Medical Tourism MGA Sure Insurance Services Nexus Underwriting, the London-based MGA and a Brown & Brown subsidiary, announced it has acquired Sure Insurance Services, a leading provider of specialist solutions for the medical tourism industry. The deal has …
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Data Centers Will Need $3 Trillion Through 2030, Moody’s Says

At least $3 trillion is set to flow into data-center-related investments over the next five years, capital that will rely on the might of multiple areas of the credit markets to provide, according to Moody’s Ratings. Trillions of dollars will …
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Georgia Republicans Move to Scrap State Income Tax by 2032 Despite Concerns

Eliminating state income taxes sounds great to many voters, but Republicans backing the push in multiple states still face questions about whether such big tax cuts can be made without raising other taxes or sharply cutting state funding for education, …
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SC Lab and CEO to Repay $6.8M in Kickback Scheme Exposed by Whistleblower

A South Carolina medical testing laboratory and its CEO have agreed to repay more than $6 million for allegedly paying kickbacks to doctors in return for boosting lab testing referrals. The settlement resulted from a civil lawsuit brought by a …
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Rideshare Drivers Protest Robotaxis as California Considers More Regulations

Drivers for Lyft and Uber protested self-driving Waymo taxis in San Francisco on Friday, urging state regulators to exercise greater oversight of autonomous vehicles, given recent events in which the cars killed pets and blocked traffic. About two dozen drivers …
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South Carolina Measles Outbreak Grows, Spreads to NC and Ohio

South Carolina’s measles outbreak exploded into one of the worst in the U.S., with state health officials confirming 99 new cases in three days last week. The outbreak centered in Spartanburg County grew to 310 cases over the holidays, and …
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Delaware Reports Avian Flu in a Commercial Poultry Flock

Delaware officials announced Sunday that preliminary testing of a commercial broiler flock in Kent County has returned presumptive positive for avian influenza. The Delaware Department of Agriculture said it quarantined the affected premises, and the birds on the property are …
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North Carolina May Lose $50M in Federal Funds Over Immigrant Trucker Licenses

North Carolina could lose nearly $50 million in federal funding if the state doesn’t revoke commercial driver’s licenses from immigrants who aren’t qualified to hold them after an audit uncovered problems, the U.S. Transportation Department said Thursday. North Carolina is …
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