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Environmental Group Turns to Oyster Shells to Rebuild Sinking Louisiana Coastline
Jonathan Phillips says he thinks about Louisiana’s disappearing coastline every day. As a commercial fisherman and member of the Atakapa-Ishak/Chawasha tribe, he sees water levels rising in Plaquemines Parish firsthand. He grew up in Marrero but spent a lot of …
POSTED OCTOBER 03, 2024 4:32 PM |
Texas’ Abbott Touts Dallas Finance Hub as New Bourse Makes Hires
Texas Governor Greg Abbott said the upstart Texas Stock Exchange will help transform Dallas into the country’s top financial center and boost businesses’ access to capital. “Dallas, Texas, is already a massive financial center, but when you put a stock …
POSTED OCTOBER 03, 2024 4:27 PM |
Iowa Woman Charged With Insurance Fraud
An Iowa woman was charged with insurance fraud following an investigation by the Iowa Insurance Division’s Fraud Bureau. Antonia Maddison, age 46, of Sully, was charged with one count of Insurance Fraud – Application Submission (Class D Felony). The charges …
POSTED OCTOBER 03, 2024 4:21 PM |
People Moves: Gillard Named President of AM Best Rating Services, Succeeding Mosher
AM Best, headquartered in Oldwick, New Jersey, named James A. Gillard Jr. as president of A.M. Best Rating Services, Inc., succeeding Matthew C. Mosher. Mosher is retiring as president and CEO, effective at the end of the year. Gillard most …
POSTED OCTOBER 03, 2024 4:17 PM |
Appeal Delays $600M Class Action Settlement in Fiery Ohio Derailment
Settlement checks related to Norfolk Southern’s disastrous 2023 derailment could be delayed up to two years now because an appeal of a federal judge’s decision last week to approve the $600 million deal has been filed, lawyers in the case …
POSTED OCTOBER 03, 2024 4:16 PM |
Brown & Brown Acquires Minnesota’s The Canopy Group
Brown & Brown announced the acquisition of the assets of The Canopy Group, a a multiline insurance agency focusing primarily on personal lines and commercial property and casualty for small businesses. Based in Le Sueur, Minnesota, The Canopy Group serves …
POSTED OCTOBER 03, 2024 4:12 PM |
People Moves: Starwind Specialty Welcomes Conrad as Chief Underwriting Officer
Starwind Specialty Insurance Services, headquartered in New York City, named Kirk Conrad as chief underwriting officer. Conrad, based in Dallas, has over two decades of experience across multiple industry sectors, spanning roles in commercial and personal lines, risk management and …
POSTED OCTOBER 03, 2024 4:05 PM |
McGriff Amps Up SE Benefits Offerings With Acquisition of Amity in Tampa
McGriff, a large retail insurance brokerage headquartered in Charlotte, announced it has acquired Amity Benefits, an employee benefits brokerage based in Tampa. Amity, founded in 2017, has specialized in the auto dealer space. The acquistion will expand McGriff’s capabilities in …
POSTED OCTOBER 03, 2024 3:26 PM |
Tennessee Investigating Plastics Factory Where Helene Flooding Killed 11 Workers
A Tennessee plastics factory kept workers going until it was too late to evacuate before Hurricane Helene flooding swamped the building, employees have said. Now, the company is likely facing liability lawsuits and heightened workers’ compensation costs after the deaths …
POSTED OCTOBER 03, 2024 2:57 PM |
Lloyd’s Focuses on Delegated Authority Arrangements as Looming Market Risk
While the Lloyd’s market reported its best first-half profit in 17 years, it isn’t resting on its laurels. It is carefully monitoring areas where potential vulnerabilities have been identified. During a recent market briefing, Rachel Turk, Lloyd’s chief underwriting officer, …
POSTED OCTOBER 03, 2024 2:29 PM |
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