July 24, 2017
Brooks Insurance Agency, a Manalapan, N.J.-based multi-line wholesale insurance agency, has hired Ben Hoover as vice president and broker. Hoover joins the team with a commitment to providing the best service to current and future clients as Brooks Insurance Agency …
July 24, 2017
A hailstorm that pounded down on a Subaru dealership in Plano, Texas, barely lasted 30 minutes, but left behind a trail of smashed windows, dented hoods and millions of dollars’ worth of claims for an insurer to cough up. Damage …
July 24, 2017
Health officials say the number of people diagnosed with Legionnaires’ disease in an outbreak at the hotel at Graceland has risen to nine. The Shelby County Health Department said in late June that four people contracted the illness after staying …
July 24, 2017
Norman-Spencer Agency, Inc., a national property and casualty insurance provider, has opened a new recreational marine operation in High Point, North Carolina. Jason Norman will be leading the office as the underwriter production manager. Norman will be working directly with …
July 24, 2017
Ride-hailing provider Lyft Inc., emboldened by public stumbles by larger rival Uber Technologies Inc., is taking the leap into developing its own fully autonomous vehicles. Lyft is opening a self-driving vehicle development facility in Palo Alto, California, called “Level 5,” …
July 24, 2017
Chipotle Mexican Grill Inc. is facing another class-action lawsuit by a disgruntled shareholder over its alleged inability to keep its restaurants clean, a further hurdle for a company still trying to regain consumer and investor confidence after a food scare …
July 24, 2017
Deutsche Bank AG and JPMorgan Chase & Co. have agreed to pay a combined $148 million to end private U.S. antitrust litigation claiming they conspired with other banks to manipulate the yen Libor and Euroyen Tibor benchmark interest rates. The …
July 24, 2017
“We’re curious and we don’t know. When regulators don’t know what’s going on, they get suspicious.” That was Wisconsin Insurance Commissioner Ted Nickel acknowledging that like the industry they regulate, state insurance commissioners face challenges keeping up with new technology …
July 24, 2017
A family whose daughters were injured when they fell from a Ferris wheel at a Tennessee county fair has filed lawsuits against the ride’s owners and manufacturer. News outlets report the Reynolds family and Lorena Cowhy, another woman who was …
July 24, 2017
An accident at a Florida power plant last month has claimed a fifth life. BRACE Industrial Group said its employee, 56-year-old Armando Perez, died Thursday of injuries he sustained in the June 29 accident at the Tampa Electric Big Bend …