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

City of London Is Realizing that EU Will Limit Access for Financial Services: Lawmaker

LONDON – There is a growing realization that Britain should not wait for unlikely European Union access for financial services but get on with building a more competitive City of London, a senior lawmaker said on Thursday. Britain left the …

Brokerslink Expands in Balkans with Addition of Broker in Bosnia and Herzegovina

Global broking network, Brokerslink, has further expanded its presence in the Balkan Peninsula with the addition of independent broker Advantis Insurance Broker, based in Bosnia and Herzegovina. Established in 2015, Advantis offers clients access to a wide range of product …

Fate of Florida Insurance Reforms Uncertain as Lawmakers Weigh Industry-Backed Bills

Two bills designed to deal with Florida’s crumbling property insurance market have embarked on divergent paths in the state legislature as lawmakers approach the final weeks of the 2021 session. Senate Bill 76 and House Bill 305, both originally supported …

Minnesota Recreational Marijuana Bill Advances in House

Minnesota lawmakers have advanced a proposal that would allow recreational marijuana use for adults and automatically expunge minor convictions related to cannabis, inching the state closer toward legalization. The legislation, authored by Democratic House Majority Leader Ryan Winkler, of Golden …

North Dakota Seed Company to Pay $225K OSHA Penalty After Employee Injury

A Fargo, N. D., birdseed production company has reached a settlement with a federal agency that investigated a severe and life-altering injury to an employee. The probe by the Occupational Safety and Health Administration stemmed from an incident in August …

Private Equity Firm CVC Nears Deal to Buy Insurance Arm of National Bank of Greece

CVC Capital Partners is nearing a deal to acquire National Bank of Greece SA’s insurance business after a years-long search for a buyer, people familiar with the matter said. The private equity firm could announce an agreement as soon as …

Update: Allianz to Purchase Aviva Poland for $2.9 Billion, Winning Bidding War

Allianz SE, Europe’s largest insurer, is to purchase the Polish operations of Aviva Plc for 2.5 billion euros ($2.9 billion). The deal values London-based Aviva’s Polish business at 2.7 billion euros, according to a statement from Aviva Friday. It’s subject …

Gender Pay Gap in Australia Is Worst in Insurance and Finance Industries: Study

Australia is losing momentum in efforts to bring equality to the workforce, with a new study finding that it will probably take another 26 years until women are paid the same as men. The gender pay gap is worst in …

South Central People Moves: Texas’ BSBD Group Adds Williamson as VP

Dallas-based independent retail brokerage firm, Boyd, Shackelford, Barnett & Dixon (BSBD Group). has hired Lad Williamson as vice president of Employee Benefits. Williamson will help oversee the employee benefits operations by tailoring customized employee benefit plans for middle market and …

Former Student Accuses Washington Teacher of Sex Abuse

A woman has accused her former teacher of sexual abuse in a lawsuit filed against the Marysville School District. The lawsuit accuses longtime art teacher Kurt Hollstein of sexually abusing her around 1985, when the woman was about 14, The …