The cannabis business is a frontier industry that continues to offer no shortage of unique challenges to regulators, as well as boundless questions for industry watchers and ancillary businesses like insurance. Key questions may include: What insurance coverage is most …
American International Group Inc. announced that Jon Hancock has been appointed chief executive officer, International General Insurance. In this role, Hancock will lead the International operations of AIG’s General Insurance business. He will report to Peter Zaffino, president & global …
Officials for a salvage company suing to halt demolition of an overturned cargo ship on the Georgia coast appeared to back away Tuesday from claims that sawing the vessel into enormous chunks would cause an “environmental catastrophe.” Officials from the …
This winter’s relentless rains across the South are still draining into rising rivers, leading to ongoing flooding in some communities. In south Alabama, the Bayou Sara is forecast to crest at 8 feet (2.4 meters) by Wednesday evening and remain …
Following Hurricane Harvey in late August 2017, the Federal Emergency Management Agency issued three-year group flood insurance policies (GFIPs) to nearly 7,000 households in Texas that were impacted by the storm. FEMA says those policyholders need to plan now for …
New regulations, insurer pressure and growing consumer alarm about online security will force agents to act this year to protect their data from unfettered use by third-party vendors. The NAIC Insurance Data Security Model Law has already been adopted in …
Investigators worked to learn what caused a massive fire that wiped out part of downtown Alexandria in western Minnesota. More than 100 firefighters battled a blaze on Feb. 25 that destroyed RM Tattoo, Raapers Eatery & Ale, Charlie’s Bazaar and …
Tarrytown, N.Y-based employment services firm The IMA Group (IMA) has acquired PsyBar, a specialty provider of behavioral health, independent medical exams and other employment-related services nationally. Edina, Minn.-based PsyBar’s specialists include national board-certified psychologists, neuropsychologists and psychiatrists. Financial terms of …
Auto and home insurer Windhaven Insurance has alerted its agents and employees in Florida that it is winding down the insurance operations of its entities, including Windhaven National Insurance Co., ClutchAnalytics and The Hearth Group, and that its assets are …
A $13.5 billion settlement between victims of California’s catastrophic wildfires and the utility blamed for causing them was supposed to bring some peace and hope to people still reeling from the devastation. Instead, the deal has sparked confusion, resentment, suspicion …
