INSURANCE NEWS

Alera Acquires Vermont’s Noyle Johnson Group

Independent agency Alera Group reports it has acquired Noyle Johnson Group, a Vermont agency with offices in Montpelier, Danville and Bethel. Noyle Johnson Group offers personal and commercial lines of coverage from more than 30 carriers. The agency specializes in …
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Michigan Construction Worker Fatally Struck by Bulldozer

A construction worker in suburban Detroit died last Friday after a bulldozer struck him, police said. A man was standing outside his dump truck around 11 a.m. while a bulldozer moved pieces of concrete that had been broken up, Chesterfield …
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Major Disaster Declared for Many North Dakota Counties Damaged by Storms

President Joe Biden has issued a major disaster declaration for many of North Dakota’s 53 counties which sustained damage caused during a series of snow storms in April. The declaration was approved for 40 of the state’s 53 counties, and …
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First Half Insurance Agency M&A Above 5-Year Average: OPTIS

Agency consultancy OPTIS Partners said the pace of insurance agency mergers and acquisitions during the first six months of 2022 was above the average of activity during the same period over the last five years – a time regarded as …
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Gunmaker Sig Sauer Loses Bid to Block New Hampshire Liability Suit Over Pistol Misfire

A federal court in New Hampshire has denied gunmaker Sig Sauer’s bid to block a product liability lawsuit brought by a man who alleges he was struck by a bullet in the leg because his pistol fired without a trigger …
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Father Seeks Death Declaration for Son Believed to Have Fallen into Recycling Shredder

The father of a man who disappeared and is now believed to have died in a shredding machine at a South Carolina recycling business is moving to have his son legally declared dead. The State newspaper reports that Mike Gordon’s …
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Crashed Ukrainian Cargo Plane Carried Shipment of Ammunition for Bangladesh

Ukrainian foreign ministry officials on Sunday traveled to inspect the site where a Ukrainian cargo plane crashed overnight in northern Greece, en route from Serbia to Jordan and on to Bangladesh. The envoys will help local authorities and emergency services …
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Tennessee’s Workers’ Comp System Limits Help for Injuries, Newspaper Reports

Sedgwick, one of the largest workers’ compensation claims-management firms in the United States, was penalized by Tennessee regulators more than any other company in the last five years. But most of the fines have been relatively small, a consequence of …
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Program Data Insurtech Noldor Raises $10M

New York-based Noldor, said it recently closed on a $10 million seed funding round from a group of well-established insurance investors. According to CEO John Horneff, Noldor’s seed funding positions the company for long-term growth in using data to deepen …
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Iowa Farmers Facing Drought or Unusually Dry Conditions

Weeks of heat and scant rainfall have left most of Indiana facing either drought or unusually dry conditions while farmers hope significant precipitation falls soon. The U.S. Drought Monitor shows more than a third of Indiana with abnormally dry conditions …
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30 Women Settle Watson-Related Claims Against Houston Texans

Thirty women who had accused the Houston Texans of turning a blind eye to allegations that their former star quarterback Deshaun Watson was sexually assaulting and harassing women during massage sessions have settled their legal claims against the team, their …
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Texas Jury Hands Fired Southwest Flight Attendant $5.1 Million Verdict

A former Southwest Airlines flight attendant who was fired after sparring with her union president over abortion and other issues won a $5.1 million jury verdict against the airline and the union. A jury in federal district court in Dallas …
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