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

California Farm Worker Arraigned for Alleged Workers’ Comp Fraud

Eduardo Medina Ruelas, 46, of Sanger, Calif., was arraigned this week on multiple counts of felony insurance fraud after allegedly defrauding his employer and RISICO Claims Management Co. to collect $38,000 in workers’ compensation insurance benefits and medical treatment he …

Thoma Bravo Completes Acquisition of Insurance Software Firm Majesco

Private equity firm Thoma Bravo has completed the acquisition of insurance software firm Majesco. Under the terms of an amended merger agreement announced on Aug. 8, Thoma Bravo acquired all of the shares of Majesco common stock for $16.00 per …

USDA Plans $14B More in Virus Relief for Farmers

The federal government said on Sept. 18 that it will give farmers an additional $14 billion to compensate them for the difficulties they have experienced selling their crops, milk and meat because of the coronavirus pandemic. The U.S. Department of …

Abandoned Vehicles a Common Problem in Omaha, Nebraska, Neighborhoods

The blue SUV had been parked in front of the Omaha Bike Project near 33rd and California Streets, with its windows down, for more than three months. After multiple calls to the Mayor’s Hotline failed to yield results, Chris Foster, …

‘Limited Fire Safety Practices’ Worsened Deadly Alabama Marina Fire

A fire that killed eight people and did more than $500,000 damage at an Alabama marina started accidentally but was worsened by the marina’s “limited fire safety practices,” according to a federal report. The National Transportation Safety Board, in a …

Harris, King Named Execs at CAC Specialty’s Natural Resources Practice in Houston

CAC Specialty (CAC) has appointed Lisa Harris as executive vice president of Client Service and Gary King as executive chairman of its newly formed Natural Resources Practice, based in Houston. The Natural Resources Practice will warehouse CAC’s key resources focused …

More than 40% of Coronavirus Deaths in Nebraska at Nursing Homes

More than 40% of the deaths linked to the coronavirus in Nebraska have been at nursing homes, but the overall rate of deaths in the state’s nursing homes has remained relatively low compared with national figures. A total of 185 …

Rainy Beta Lands on Texas Coast as Tropical Storm

Slow-moving Tropical Storm Beta made landfall on the Texas coast on Sept. 21 at around 10 pm near the Matagorda Peninsula, packing heavy rains and sustained winds of around 45 mph. Beta is the ninth named storm to hit the …

Berkshire Hathaway Specialty Taps AIG’s Hamon, Batchili for Executive Team in France

Berkshire Hathaway Specialty Insurance (BHSI) is entering the executive and professional insurance lines market in France and has appointed Olivier Hamon as head of Financial Institutions and Management Liabilities and Alice Batchili as Professional Indemnity manager. Hamon and Batchili, both …

Beazley Beefs Up Executive Risk Team in U.S. with 6 More Recruits

Specialty insurer Beazley has expanded its underwriting and claims presence in the U.S. with new hires for its Executive Risk team that focuses on board-level risks facing businesses and their executives. Elizabeth Cassarino joins Beazley’s Boston team as an underwriter. …