Monthly Archives: <span>August 2019</span>

Brown & Brown of Florida Acquires CKP

Brown & Brown of Florida Inc. has acquired substantially all of the assets of CKP. CKP provides brokerage services for customers throughout the U.S. operating in agricultural industry. In addition, CKP provides property and casualty insurance products and services to …

Georgia’s INSUREtrust Hires Account Manager Ethan Frymark

Atlanta, Ga.-based INSUREtrust has hired Account Manager Ethan Frymark. As a recent graduate of the University of Georgia Terry School of Business Risk Management and Insurance program, Frymark will put his knowledge to use and further the goals of INSUREtrust …

Specialty Program Group Acquires Assets of New York’s The Mechanic Group

Specialty Program Group LLC (SPG), an operator of specialty insurance brokerages and underwriting facilities, has acquired the assets of The Mechanic Group Inc. (TMG), a Pearl River, N.Y.-based specialty insurance program manager. Terms of the acquisition were not disclosed. Established …

British PM Johnson Targeted by Opposition Campaigns to Block No-Deal Brexit

Opposition parties launched rival campaigns to topple Prime Minister Boris Johnson and stop him taking Britain out of the European Union without a deal, illustrating fractures in the anti-Brexit movement that make neither scheme likely to succeed. Johnson has promised …

Pasich Expands New York Footprint with Hiring of Halprin as a Partner

Boutique insurance recovery and entertainment firm Pasich LLP has expanded its national platform and New York footprint with the addition of Peter A. Halprin as a partner. Before joining Pasich LLP, Halprin was a shareholder in Anderson Kill P.C.’s New …

Tropical Storm Krosa Slams Japan, Disrupting Transportation, Factories, Power

Severe tropical storm Krosa lashed western and southern Japan with torrential rain and wind, causing Japan Airlines Co. and All Nippon Airways to cancel hundreds of domestic and international flights, and some train lines to halt services. Some factories in …

3rd Circuit: Policy to Limit Extended Transportation Expenses May be Bad Faith

Kyle and Marie Stechert say they rushed to buy another car after their vehicle was “totaled” in an accident because their insurance carrier refused to keep paying for their rental vehicle. The new car was twice as expensive as the …

FAA May Not Require Simulator Training for Boeing 737 Max Pilots

U.S. aviation regulators are increasingly convinced they don’t need to mandate new simulator training for pilots of Boeing Co.’s 737 Max before returning the grounded jet to service, according to people familiar with the discussions. Pilots would be required instead …

Breckenridge Insurance Services Hires Professional Liability Broker George Boldarini

Atlanta, GA, August 15, 2019 — Breckenridge Insurance Services is pleased to announce the hiring of George Boldarini, RPLU, AU, vice president, broker, professional liability. Boldarini has nearly 20 years of insurance underwriting experience across varied industries with a significant …

Focusing on Insurance, Mutual of Omaha Selling Bank to CIT

CIT Group is buying Mutual of Omaha Bank for $1 billion to expand its commercial banking operations. The deal would mean the end to Nebraska-based Mutual of Omaha’s foray into the banking sector, initiated in 2007. CEO James Blackledge said …