INSURANCE NEWS
People Moves: Novatae Group Names Juergens as CFO
Novatae Risk Group, the wholesale insurance business of World Insurance Associates, announced that Walter Juergens has joined the company as its new chief financial officer. In this role, Juergens will be responsible for all aspects of the company’s financial management, …
Illinois USPS Employee Indicted for Alleged Workers’ Comp Fraud
A United States Postal Service employee has been indicted on federal fraud charges for allegedly collecting augmented workers’ compensation benefits to which she was not entitled, the U.S. Attorney’s Office, Northern District of Illinois announced last month. Graciela Venegas, 66, …
Illinois Hospital System Sued for Religious Discrimination
Advocate Aurora Health, an Illinois-based hospital system, violated federal law when it refused to accommodate a nurse’s religious beliefs and fired her for failing to receive a COVID-19 vaccination, the U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit …
Inszone Acquires Texas’ Bierschwale-Rees Insurance
Inszone Insurance Services announced its further expansion in Texas through the acquisition of Bierschwale-Rees Insurance, a long-established independent insurance agency based in Fredericksburg, Texas. Bierschwale-Rees Insurance traces its roots to 1903, making it one of the oldest continuously operating insurance …
Insurance Payments Now at $22.4B From LA Wildfire One Year Ago
Insurers have paid more than $22.4 billion on tens of thousands of claims from the Los Angles wildfires that broke out a year ago on Jan. 7. The claims data, which comes from the California Department of Insurance, shows the …
Ryan Specialty Underwriting Managers Rebrands Leopanthera as Ryan Financial Lines
Ryan Specialty Underwriting Managers (RSUM), the underwriting management division of Ryan Specialty, announced the rebranding of Leopanthera to Ryan Financial Lines, effective January 1, 2026. A London-based Lloyd’s coverholder, Leopanthera specializes in underwriting diversified financial lines on a worldwide basis. …
CRC Group Signs Agreement to Acquire Euclid Transactional
CRC Group, the independent broker and underwriting specialty insurance distributor, announced it has signed a definitive agreement to acquire Euclid Transactional, a global provider of transactional insurance solutions. New York City-based Euclid Transactional is a managing general agency that specializes …
New York-Based Lawley Acquires Neighboring Witkin Scott Associates
Upstate New York-based independent agency Lawley announced that Witkin Scott Associates has joined its organization effective January 1, 2026. As part of this partnership, all associates of Witkin Scott will join Lawley and relocate to its main office in Buffalo. …
Insurance Journal Launches Annual Agency Salary Survey: Participate Now
Insurance Journal has opened its annual Agency Salary Survey, inviting retail insurance agency professionals across the property/casualty sector to participate. The survey is open to agency owners, principals, producers, account managers, CSRs, and support staff, offering a comprehensive look at …
AI Regulation Battle Looms in California Despite Trump Threats
This year, many of the world’s most powerful artificial intelligence companies face a pitched battle over government regulation on their home turf—California. And even President Donald Trump’s threat to punish states that regulate AI may not stop the fight. California …
People Moves: CRU Group Names Sewell VP for Cat and Flood Services
CRU Group, a North American claims adjusting and services firm based in Dallas and Toronto, is expanding its flood insurance line with the appointment of Danny Sewell, who is based in Florida. CRU Group has “supported our Canadian clients in …
Coast Guard Suspends Search After 77-Year-old Went Overboard From Cruise Ship
The U.S. Coast Guard has suspended its search for a 77-year-old woman who went overboard on a cruise ship near Cuba on New Year’s Day. Crews searched for eight hours over 690 square miles (1,787 square kilometers) for the woman, …