Monthly Archives: <span>January 2021</span>

Here’s What’s New in U.S. Small Business Pandemic Paycheck Protection Program

The Small Business Administration launches on Monday more Paycheck Protection Program loans to help small businesses weather the coronavirus pandemic. Congress last month approved $284 billion in new funds for the forgivable loans which are distributed by lenders on behalf …

Massachusetts Lawmakers Pass Sweeping Climate Change Bill

Massachusetts Governor Charlie Baker said last week he is reviewing legislation passed by lawmakers that would overhaul the state’s climate laws, reduce greenhouse gas emissions, create renewable energy jobs and protect poorer communities that can be at higher risk from …

Boeing to Pay $2.5B to Settle With Justice Department Over 737 MAX Crashes

Boeing Co. will pay more than $2.5 billion in fines and compensation after reaching a settlement with the U.S. Department of Justice over two plane crashes that killed a total of 346 people and led to the grounding of its …

USG Insurance Services Hires Kinkaide as a Producer in Philadelphia Branch

USG Insurance Services Inc., a national wholesaler and managing general agency, has hired Cody Kinkaide as a producer/broker for Commercial Lines in the Philadelphia, Penn., branch. Kinkaide joins the USG team with seven years of insurance experience, most recently with …

Smith Brothers Insurance Acquires New York-Based Shank & Falvey Insurance

Smith Brothers Insurance has acquired New York-based independent insurance broker Shank & Falvey Insurance, with locations in East Greenbush and Kinderhook. The acquisition expands Smith Brothers’ footprint in upstate New York and allows Shank & Falvey to maintain local presence …

Safety Agency Dismisses Claims of Faulty Acceleration Against Tesla

The National Highway Traffic Safety Administration (NHTSA) said it would not grant a petition seeking a formal review of 662,000 Tesla vehicles for claims of sudden unintended acceleration (SUA). The U.S. auto safety regulator said its review of the December …

Broker New Dawn Risk Launches UK Division as Alternative to Big Brokers

New Dawn Risk, the international specialist insurance intermediary, announced the launch of a new division focused on the UK market. It will provide liability and specialty solutions direct to insurance buyers, as well as partner with UK regional brokers looking …

Sriwijaya Air Crash Puts Indonesia’s Poor Air Safety Record Under Fresh Scrutiny

SYDNEY/JAKARTA – Indonesia’s poor air safety record is again in the spotlight after a Sriwijaya Air jet carrying 62 people crashed into the Java Sea minutes after take-off on Saturday, marking the country’s third major airline crash in just over …

MJ Insurance Adds Crossland, Bushelle and Young in Indiana

MJ Insurance has hired Holden Crossland as employee benefits consultant, Branden Bushelle as database analyst and Matthew Young as risk transfer specialist at the independent agency’s Indianapolis headquarters. As an employee benefits consultant, Crossland will consult with existing and prospective …

InterWest Insurance Acquires Sierra Gold in California

InterWest Insurance Services has acquired Sierra Gold Insurance Services in Nevada City, Calif. Terms of the deal were not disclosed. Sierra Gold was founded in 1997 and specializes in commercial, personal, surety bonds and employee benefits insurance programs. InterWest is …