April 4, 2022
Randall & Quilter Investment Holdings Ltd. (R&Q), the Bermuda-based program management and legacy acquisition specialist, announced it has agreed to be purchased by shareholder Brickell PC Insurance Holdings LLC for £482 million ($632 million) in cash, as well as $100 …
April 4, 2022
MacKinnon Joins Union Mutual Vermont’s Union Mutual Insurance Co. has hired George MacKinnon to be as vice president of underwriting. MacKinnon has 30 years of experience in the insurance industry, working most recently at Patrons Oxford as vice president of …
April 4, 2022
Hub International Ltd. acquired Chun-Ha Insurance Services Inc. in Garden Grove, California, Chun-Ha Insurance is an agency serving the Korean American community, providing insurance solutions, including commercial and personal insurance, and employee benefits services. Ki Hong Park, CEO and president …
April 4, 2022
A Los Angeles judge ruled that California’s landmark law mandating that corporations diversify their boards with members from certain racial, ethnic or LGBT groups is unconstitutional. The brief ruling granted summary judgment to Judicial Watch, a conservative legal group that …
April 4, 2022
California is experiencing one of the driest starts to spring in decades, data showed Friday, and absent a heavy dose of April and May showers the state’s drought will deepen and that could lead to stricter rules on water use …
April 4, 2022
West Virginia is set to go to trial this week against Johnson & Johnson JNJ.N, Teva Pharmaceuticals Industries and AbbVie Inc. over claims that the companies fueled an opioid epidemic in the state. West Virginia accused the drug manufacturers of …
April 4, 2022
West Virginia Gov. Jim Justice has signed into law a bill that creates a mutual insurance company dedicated to coal mine reclamation costs. Critics have called it an ill-fated coal industry bailout, but supporters said it would protect taxpayers against …
April 4, 2022
ClearPath Mutual Insurance Co., a Kentucky-domiciled workers’ compensation insurance provider, has expanded into West Virginia, the company announced. ClearPath, which writes almost $50 million in premiums, said it is the second-largest workers’ comp carrier in Kentucky. It began about 40 …
April 4, 2022
Auto, Home Insurance Bundler Branch Now Available in 25 States Branch, an insurance company that touts “instantly-bundled” home and auto insurance, announced its expansion to the six states of Idaho, Iowa, New Hampshire, South Dakota, Tennessee, and Virginia. These bring …
April 4, 2022
Companies linked to insolvent British financier Lex Greensill obtained insurance fraudulently, insurer Tokio Marine said on Monday, adding it did not plan to pay out on the policies and would “vigorously defend” itself against any legal claims. Greensill’s supply chain …