Monthly Archives: <span>January 2023</span>

BMS Acquires Australian Specialist Austbrokers Coast to Coast

Global specialty insurance and reinsurance broker BMS reports it has acquired Austbrokers Coast to Coast (C2C), a specialist Australian corporate, business, and retail broker, effective 17 January. BMS is acquiring C2C in full, with staff and infrastructure transferring into BMS’ …

DOXA Acquires Indiana’s Bradshaw

DOXA Insurance Holdings is pleased to announce the acquisition of Bradshaw Insurance Group, Inc (BIG), a sixth-generation insurance agency. BIG is a Delphi, Indiana-based managing general agent (MGA) offering a full suite of services specializing in niche transportation insurance products, …

People Moves: TXOGA Names Carlton as President; Long Joins Alliant in Texas

TXOGA Announces New President of the TXOGA Insurance Agency The Texas Oil & Gas Association (TXOGA) has named Neal Carlton as president of the TXOGA Insurance Agency, headquartered in Austin, Texas. Carlton most recently served as vice president of membership …

Appeals Court Rules Insurers Not Obligated to Defend Distributor of Opioids

Westfield National Insurance Co. and Motorists Mutual Insurance Co. are not required by their insurance contracts to defend generic drug distributor Quest Pharmaceuticals against dozens of opioid-related lawsuits. According to the 6th U.S. Circuit Court of Appeals, language in the …

President Approves California Disaster Declaration

President Joe Biden declared that a major disaster exists in California and ordered federal aid to supplement state, tribal, and local recovery efforts in the areas affected by severe winter storms, flooding and landslides. The president’s action makes federal funding …

Massachusetts to Weigh Proposed 4% Cut in Workers’ Compensation Rates

The Massachusetts insurance department will hear testimony virtually on February 3 regarding a proposed 4.0% decrease in average workers’ compensation rates. The rate filing submitted by the Workers’ Compensation Rating and Inspection Bureau of Massachusetts in December calls for a …

Louisiana Guaranty Fund Extends Deadline to File Suit Against FedNat, Maison

The Louisiana Insurance Guaranty Association (LIGA) has granted a voluntary extension to March 31, 2023, of the deadline by which former FedNat Insurance Company and Maison Insurance Company policyholders are required to institute litigation for first-party property damage claims arising …

Worker in Grave Condition After Chicago Building Gives Way, Trapping Him

CHICAGO (AP) – A worker was hospitalized in grave condition last Thursday after a Chicago building partially collapsed, trapping him beneath debris before firefighters rescued him, fire officials said. Three workers were in the three-story building when a portion of …

Louisiana Police Arrest Tx. Public Adjuster Accused of Pocketing Clients’ Checks

Louisiana State Police arrested a Texas public adjuster for allegedly pocketing $592,000 from settlement checks that were intended for seven former clients by forging the homeowners’ signatures. Andrew Joseph Mitchell, 43, voluntarily surrendered to state police at the St. Charles …

NTSB Findings on Hawaii Airlines Turbulence That inured Passengers

A cloud shot up vertically like a plume of smoke in a matter of seconds before a Hawaiian Airlines flight last month hit severe turbulence and 25 people on board were injured, according to a preliminary report by the National …