INSURANCE NEWS

Chemical Board Still Probing Tennessee Nitriding Plant Blast That Killed Worker

Federal safety officials said that almost four months after a fatal explosion at a steel-hardening facility in Tennessee, teams are still trying to determine the exact cause of the incident. One worker was killed in the explosion at the Techniques …
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Appellate Judges Skeptical of New York Civil Fraud Case Against Trump

Appeals court judges signaled skepticism on Thursday toward the civil fraud case brought by New York state against Donald Trump as the former president asked them to toss a nearly half-billion dollar judgment against him over real estate business practices …
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Columbia Insurance to Transfer Personal Auto, Umbrella Books to Safeco

Safeco Insurance, a Boston-based Liberty Mutual Insurance company, said it has entered into a book transfer agreement with Columbia Insurance Group, a Central and Midwest regional carrier. Under the agreement, mutual insurer Columbia will transfer its entire personal auto and …
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Damage Predictions Mount as Helene Strengthens: Atlanta in Its Path

As Hurricane Helene gains strength in the unusually warm waters of the northern Gulf of Mexico, forecasters, claims adjusting firms and analytics experts are warning that the storm could be more damaging than other recent storms that hit the same …
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Chemical Leak Prompts Evacuation Order in Ohio Town

CLEVES, Ohio (AP) — Students in school buildings and residents in neighboring homes were told to evacuate after a dangerous chemical began leaking from a railcar Tuesday near Cincinnati. Aerial video showed firefighters spraying down the car, which was sitting …
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Amwins Commits $100K Towards Univ. of Louisiana Monroe RMI Program

Amwins has recommitted to giving the University of Louisiana Monroe’s Risk Management and Insurance program by donating $100,000 over 10 years. Amwins and ULM held a check presentation to commemorate the donation on September 17. David Lavins, president of Amwins …
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Inszone Acquires First West Insurance Agency in California

Inszone Insurance Services acquired First West Insurance Agency in Huntington Beach, California. Originally established in 1968 as Shearer Insurance, the firm merged in 1979 with First West Insurance Agency. Owners Phil and Kristen Shearer will remain on board for a …
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Alera Group Acquires Louisiana’s Insurance Underwriters Ltd.

Alera Group announced the acquisition of Insurance Underwriters Ltd., a Louisiana-based insurance agency offering risk management and insurance solutions including business insurance, surety bonds, personal insurance and employee benefits. IUL provides customizable insurance solutions designed to keep businesses competitive and …
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Trial Begins Over Claims Newsmax Defamed Smartmatic in 2020 Election Reporting

A defamation trial against Newsmax Media kicks off on Thursday over allegations the conservative outlet damaged Smartmatic by broadcasting false claims that the voting machine company helped steal the 2020 U.S. presidential election from Donald Trump. The trial in Wilmington, …
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Xceedance Acquires Illinois’ Millennium Information Services

Xceedance announced it has acquired Millennium Information Services, a property inspection and data analytics company based in Chicago. With the acquisition, the Xceedance Americas team adds nearly 200 team members and a nationwide contractor network of more than 1,300 inspectors, …
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Ardonagh Marks Crucial Step Toward Completing A$2.3B Acquisition of Australia’s PSC

The Ardonagh Group, the London-based independent insurance distribution platform, announced that PSC Insurance Group Ltd.’s shareholders voted in favor of its proposed acquisition. The transaction, which is valued at A$2.3 billion (US$1.6 billion) and was ffirst announced in May 2024, …
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GEICO Can’t Sue or Void Invoices from Auto Glass Shops, Florida Supreme Court Says

In the long war between auto insurers and windshield repair shops, the Florida Supreme Court this week sided with glass companies, leaving GEICO with little choice but to ask lawmakers to change the law if it feels repair prices have …
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