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

Tesla, Insurers Address Expensive Repairs in Sharply Different Ways

Tesla Inc.’s electric vehicles are expensive to repair – so much so that the automaker and insurers are addressing the issue in sharply different ways. Chief Executive Elon Musk says Tesla is making design and software changes to its vehicles …

Risk Strategies Buys Tanenbaum-Harber Agency in Florida

Risk Strategies, a national insurance brokerage, has acquired Florida’s Tanenbaum-Harber, a risk management and insurance advisor. Based in Miramar, Florida, Tanenbaum-Harber traces its beginnings to 1860, the companies said in a news release. It is considered one of the largest …

Alera Group Acquires Hackney Agency in North Carolina

Alera Group, an independent insurance and wealth management firm, has acquired the John Hackney Agency in North Carolina. Hackney, with offices in Wilson, in the eastern part of the state, was founded in 1895 by the Hackney brothers’ great-grandfather, the …

Maryland AG Files Environmental Complaint Against Recycling Firm for Open Dumps

Maryland Attorney General Anthony G. Brown has filed a civil complaint, on behalf of the Maryland Department of the Environment, against World Recycling Co. and three related entities (WRC). The complaint, filed in the Circuit Court for Prince George’s County, …

Tesla Confirms Nevada Expansion to Make More Electric Trucks

Tesla confirmed it intends to invest $3.6 billion to expand its manufacturing capabilities in Nevada for “high-volume” production of electric semi-trucks and make enough cell batteries for 2 million light-duty vehicles annually. Nevada Gov. Joe Lombardo had said during his …

Virginia Teacher’s Lawyer: Administrators Were Warned 3 Times Boy Had Gun

NEWPORT NEWS, Va. (AP) — Concerned staff warned administrators at a Virginia elementary school three times that a 6-year-old boy had a gun and was threatening other students in the hours before he shot and wounded a teacher, but the …

Light Earthquake Confirmed in Southern California

A light earthquake centered offshore gave Southern California an early morning wake-up call Wednesday, the U.S. Geological Survey confirmed. There were no reports of damage. The 2 a.m. quake occurred beneath the ocean 10.6 miles south of Malibu, the USGS …

Elevated Sentry Tournament of Champions Opens PGA 2023 Calendar

The PGA Tour 2023 calendar year teed off in Kapalua, Hawaii earlier this month with the Sentry Tournament of Champions, sponsored by Sentry Insurance. The tournament marked the first of 13 new elevated PGA Tour events this year with increased …

Swiss Re’s CUO Léger Appointed CEO of SCOR, as Rousseau Steps Down

The SCOR Board of Directors has appointed Swiss Re’s Chief Underwriting Officer Thierry Léger as chief executive officer of SCOR. Léger will take up his post as CEO of SCOR with effect from May 1, 2023. Léger has 25 years …

Elizabeth Benhart and Cameron Alford Selected for 2023 Emerging Leaders Cohort

January 26, 2023, Austin, TX – The National Alliance for Insurance Education & Research proudly announces the selection of Elizabeth Benhart, Senior Director of Instructional Design; and Cameron Alford, UACRM, ARM, Academy Board Member as two of the American Property …