February 16, 2021
Applied Underwriters’ affiliate, North American Casualty Co., has completed its acquisition of Oklahoma City-based Oklahoma Property and Casualty Insurance Co. (OP&C). Applied Underwriters plans to make various changes with respect to OP&C, as well as the Texas Insurance Co. (TIC), …
February 16, 2021
An Indianapolis-based medical supply company’s former manager has won $3.6 million in a settlement of her whistleblower lawsuit accusing that company and a health insurance company of defrauding a government insurance program. Crystal Derrick, who was a national account manager …
February 16, 2021
LONDON — A newspaper invaded the Duchess of Sussex’s privacy by publishing personal letter to her estranged father, a British judge ruled Thursday, in a major victory for the royal in her campaign against what she sees as media intrusion. …
February 16, 2021
Waitr Inc. never had the resources of rivals Grubhub Inc. and UberEats. Yet in November 2018 the online food ordering and delivery business went public through a merger with blank-check firm Landcadia Holdings Inc. Landcadia had some powerful names behind …
February 16, 2021
Aviva Plc, the British insurer, is in advanced talks on a sale of its Italian operations as it pushes ahead with about 6 billion euros ($7.3 billion) of divestments, people with knowledge said. The U.K. company is in negotiations to …
February 16, 2021
More than 24,000 Oregonians applied for federal disaster assistance after the catastrophic 2020 wildfires and about 57% of them were denied. Jefferson Public Radio reports that nearly 14,000 Oregonians have been denied aid, according to data provided by the Federal …
February 16, 2021
USI Insurance Services has acquired Spokane, Wash.-based Inland Insurance Inc. Terms of the deal were not disclosed. Inland Insurance is an independent risk management and employee benefits agency serving businesses and individuals throughout eastern Washington. Valhalla, N.Y.-based USI is an …
February 16, 2021
The Progressive Corp. is acquiring Indiana-based trucking industry insurer Protective Insurance Corp. in a move that will increase its stake in the commercial lines insurance market. Progressive has agreed to pay $23.30 per share in cash, for a total transaction …
February 16, 2021
Ice and freezing rain from a winter storm moving through the mid-Atlantic region knocked down trees and power lines and left tens of thousands of people without power Saturday. Dominion Energy reported some 130,000 customers in Virginia without power Saturday …
February 16, 2021
Lawmakers and the attorney general’s office want a state agency to force car insurance providers to lower rates for Massachusetts customers. The pandemic has kept many drivers off the road, meaning thousands of fewer accidents in 2020 compared with the …