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

Florida Professional Insurance Agents Announce Partnership with Insurance Journal’s Academy of Insurance

The Professional Insurance Agents (PIA) of Florida and the Insurance Journal’s Academy of Insurance are pleased to announce a new member benefit to bring the Academy of Insurance’s online courses and skills tests to PIA of Florida members at a …

N.H. Insurance Department Issues Bulletin on Appointment of Insurance Producers

The New Hampshire Insurance Department (NHID) Commissioner Chris Nicolopoulos issued a bulletin reminding insurers that they must comply with the New Hampshire statutory requirement that all insurance producers acting as the agent of an insurer be appointed by the insurer. …

Liberty Insurance Brokers Partners with Budde Agency

The Liberty Company Insurance Brokers entered into a new partnership with The Budde Agency of Amityville, New York. Founded in 1936, The Budde Agency is led by Richard Budde and Daniel Waldeck and provides personal and business insurance products and …

Massachusetts Tree Service Company Allegedly Retaliated Against Employees

The U.S. Department of Labor has obtained a consent preliminary injunction preventing a Holbrook, Massachusetts, tree service company and its sole officer from retaliating against former and current employees who cooperate with an investigation by the department’s Wage and Hour …

Arthur J. Gallagher Agrees to Buy Willis Re

Global insurance broker Arthur J. Gallagher & Co. has agreed to acquire the treaty reinsurance brokerage operations of Willis Towers Watson, just weeks after a previous Gallagher deal to buy Willis Re fell through when brokers Aon and Willis terminated …

DUAL to Acquire Align Financial Holdings

London-based DUAL, the underwriting arm of Howden Group Holdings, has agreed to acquire Align Financial Holdings, a specialist general agency and underwriting management group in California. San Diego-based Align underwrites more than $630 million gross written premium on an annualized …

Zurich Insurance CEO Backs Carbon Tax and Public-Private Cyber Partnership

Zurich Insurance Chief Executive Mario Greco wants governments to levy a carbon tax and remove the incentive for socially irresponsible companies to maximize profits by polluting the environment, he told Reuters. Europe’s fifth-largest insurer has already taken steps to clean …

What’s at Stake in Boy Scouts Bankruptcy Case

The Boy Scouts of America sought bankruptcy protection in February 2020 to halt thousands of lawsuits by men who said they were molested as youngsters by Scoutmasters or other leaders. The filing was part of an attempt to reach a …

Hearings Get Underway Into Boy Scouts Bankruptcy Plan Opposed by Insurers

An attorney for the Boy Scouts of America told a Delaware judge on Thursday that the group’s national board never adopted a resolution approving an $850 million agreement that is the linchpin of the Boy Scouts’ proposed bankruptcy plan. Despite …

People Moves: VanSickle Joins Carlton Fields; Beecher Carlson Adds Seagraves, Perron

Carlton Fields Law Firm Carlton Fields has added Erin J. VanSickle to the firm’s Tallahassee office as a senior government consultant focused on insurance regulatory matters. VanSickle brings more than 15 years of experience in regulated industries, public policy, public …