Monthly Archives: <span>January 2020</span>

Woman Sues Maine Motels for Ignoring Signs of Sex Trafficking

A former Maine resident is becoming the first woman in the state to join a national effort to force hotel and motel owners to compensate victims of sex trafficking. The woman, identified in court documents by the initials R.T., said …

Virginia Woman Sues Animal Shelter Over Bite to Her Finger

A Virginia woman has sued a humane society that she says didn’t properly restrain a caged dog that bit her finger. Marie A. Franco-Wisnewski, 55, of Portsmouth, is seeking $240,000 in damages, plus costs and interests, from the Portsmouth Humane …

Massachusetts’ Risk Strategies Promotes Hoffman, Smith as Executive Vice Presidents

Risk Strategies, a Boston, Mass.-based, privately held national insurance brokerage and risk management firm, has promoted Tracy Hoffman and Matthew Smith as executive vice presidents of its National Health Care Practice. Previously, both Hoffman and Smith served as senior vice …

Romanelli Appointed as Chair of IICF Northeast Division to Succeed Watkins

The Insurance Industry Charitable Foundation (IICF) has appointed Jim Romanelli, senior vice president and New York City branch manager at CNA, as chair of the IICF Northeast Division’s board of directors. Romanelli began his tenure at CNA more than nine …

Factbox: What’s Ahead for UK Financial Services Sector and Brexit Trade Deal?

Britain leaves the European Union at 2300 GMT on Friday but has yet to negotiate a deal on future trading relations with the bloc. The EU is Britain’s biggest market for financial services, worth about 26 billion pounds ($34.2 billion) …

Indonesia Forms Rescue Plan for Troubled State Insurer

Indonesian authorities are weighing the induction of a strategic investor into a unit of the nation’s oldest insurer that’s on the brink of collapse after alleged fund mismanagement left a $2 billion hole in its books. PT Asuransi Jiwasraya has …

Apple’s China-Centric Supply Chain Braces for Disruption From Coronavirus

Apple Inc.’s China-centric manufacturing base is at risk of disruption after the Lunar New Year holiday as the company’s partners confront the coronavirus outbreak that has gripped the country and caused more than 100 deaths. Virtually all of the world’s …

First Acceptance, IBI Offer Specialty Auto Program to Indiana Agents

First Acceptance Corp., a specialty auto insurance carrier with retail locations in 15 states, and Greenwood, Indiana-based Insurance Brokers Inc. (IBI) have made Acceptance auto insurance available to Indiana independent agents through the IBI agency network. IBI is a third-generation …

Wisconsin’s American Family Insurance Raising Minimum Pay to $20 Per Hour

Madison, Wisconsin-based American Family Insurance and its group of companies are raising their minimum hourly wage to $20 per hour. This rate increase, implemented with the intent to attract and retain talent and create a positive impact on employees and …

Iowa Town to Buy more Homes in Flood Plain

The city of Bettendorf, Iowa, has been awarded a $2.2 million federal grant that, coupled with state and city contributions, will make $2.95 million available to buy out up to 22 homeowners in the flood plain along Duck Creek near …