Relation Insurance Services, a privately owned insurance brokerage that offers property and casualty, risk management, employee benefits, and TPA-consulting services through its family of brands across the United States, has acquired Summers Thompson Lowry, Inc., a privately owned insurance brokerage …
A mayor in West Virginia is accused of taking federal flood relief funds intended for her city and paying herself extra money for working with a flood recovery team. Richwood Mayor Chris Drennen was indicted on federal felony charges June …
Hiscox has partnered with Thimble, a short-term liability insurance provider for small businesses, to offer coverage available by the hour, day or month. The partnership will allow Hiscox to give businesses flexibility, with customers having control of their policy via …
A Tennessee plumbing company has been ordered to pay back wages, damages and civil penalties for violating federal requirements related to overtime, record keeping and child labor laws, the U.S. Department of Labor said. The department said Tim Jurisin Plumbing …
Hundreds of firefighters continued to battle three major wildfires burning in forested mountains and desert hills across Arizona. Crews were fighting fires in the Santa Catalina Mountains in the Coronado National Forest overlooking Tucson, in the Tonto National Forest northeast …
Los Angeles, Calif.-based Worldwide Facilities has named Brad Perilman a senior executive vice president for mergers & acquisitions. Perilman will lead Worldwide Facilities’ M&A activities. His responsibilities will include transaction sourcing, strategic and financial analysis, diligence management and assisting with …
The U.S. Supreme Court on Monday placed limits on the Securities and Exchange Commission’s practice of forcing defendants to surrender profits obtained through fraud as part of its enforcement of investor-protection laws in federal courts. The court reaffirmed the agency’s …
With an industry overall combined ratio for 2019 hovering just below 100, and individual lines like long-tail liability moving 10 points over breakeven, the U.S. commercial lines market has “plenty of room for improvement,” Fitch Ratings reports. But improvement isn’t …
A group of brokers and insurers in the London market has come together to announce a new approach to keeping the products of modern slavery out of the export supply chain. Fidelis, Aon and Marsh have developed a clause which …
The U.S. Coast Guard rescued 10 people from northern Michigan’s Grand Traverse Bay after their boat began sinking, plunging the boat’s passengers into the chilly waters, officials said. The Coast Guard said it dispatched a rescue boat and a helicopter …
