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

Progressive Continues Hiring Drive, Looking for 8,000 New Employees Across Country

Insurer Progressive said it intends to hire up to 8,000 new employees in 2020. With an increase in customers and total revenues topping $39 billion, the company said it needs more employees to support continued growth in auto, property, commercial …

Intuit to Acquire Credit Karma for $7.1 Billion

Intuit, the maker of TurboTax, QuickBooks and Mint, has agreed to acquire Credit Karma, the consumer technology platform, for approximately $7.1 billion in cash and stock. The combination brings together two technology leaders focused on personal and small business owner …

Neptune Flood Insurance Offering Coverage in Louisiana

Neptune Flood, an all-digital, online flood insurance company, has officially opened for business in Louisiana. Louisiana is Neptune’s 39th state and is the second largest market for flood insurance in the United States given its unique geography and history of …

2 Workers Dead in Ohio After Being Overcome by Tanker Fumes

A woman who was overcome by fumes while cleaning out a tanker at a Cleveland, Ohio, trucking company and a man who came to her rescue both died after being taken to a hospital, fire officials said. The woman was …

Websites of Many Kansas Counties May Lack Security Against Hackers: Report

Many Kansas counties’ websites may be at risk as they lack basic protocols that make it easier for hackers to impersonate websites in order to install malware or trick individuals into giving out their personal information. Out of 105 counties, …

Texas Sues TPC Group, Owner of Port Neches Chemical Plant That Exploded

Texas Attorney General Ken Paxton has sued TPC Group over environmental violations associated with the Nov. 27 explosion at the company’s Port Neches chemical plant, a blast that prompted widespread mandatory evacuations during the Thanksgiving holiday week. The suit, filed …

USI Insurance Services Acquires Forté Benefits in Texas

USI Insurance Services has acquired Fort Worth, Texas-based Forté Benefits, a full-service employee benefit broker-consulting firm. All of the agency’s employees and four partners — Logan Dickinson, Jeff Farmer, David Farrell and Bill Hester — will be joining USI. Terms …

Missouri’s POWERS Insurance & Risk Management Launches Surety Bonds Division

St. Louis, Missouri-based POWERS Insurance & Risk Management has opened a new division: POWERS Surety Bonds. The new national division will focus on bond products and services for all surety programs to help safeguard the financial well-being of construction clients. …

NFP Rebrands Canadian Brokerages Under NFP Name

Insurance broker NFP Canada Corp. (NFP) announced that several of its Canadian insurance brokerages are adopting the NFP business name in each of the provinces and territories of Canada, where permitted by law. They include Capital Benefit Financial Group, Corporate …

Residents of Anchorage, Other Nearby Alaskan Towns Feel Small Quake

Residents of Anchorage, Kenai, Sterling and Soldotna felt a small earthquake that struck the region Sunday morning, the Alaska Earthquake Center confirmed. The magnitude 3.5 earthquake hit at 7:15 a.m. and was centered in a spot 9 miles southwest of …