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

Arthur J. Gallagher & Co. Acquires South Dakota’s Hagan

Arthur J. Gallagher & Co. announced the acquisition of Sioux Falls, South Dakota-based Hagan Insurance Group. Terms of the transaction were not disclosed. Hagan Insurance Group provides insurance member benefits and financial management to professional associations and affinity groups. Brian …

San Antonio House Fire Kills 3

SAN ANTONIO (AP) – An early morning house fire in San Antonio killed three people and injured three others, the city`s fire chief said. One woman died at the scene and two others – an adult and a child – …

Russian Cyber Gang’s Global Hack Exposes Louisiana Office of Motor Vehicles Records

BATON ROUGE, La. (AP) – Louisianans whose personal information was exposed in a massive data breach that affected the state`s Office of Motor Vehicles last month, will receive one year of free credit monitoring and identity theft protection, Gov. John …

People Moves: Watkins Names Loftis Director of Sales and Carrier Relations

Watkins Hires Loftis as Director of Sales and Carrier Relations Watkins Insurance Group, headquartered in Austin, Texas, hired H. Lee Loftis as the new director of sales and carrier relations. Lofits has over 45 years of insurance industry experience, most …

Berkley on Industry’s Financial Results: ‘Cat Losses Count’

The fact is, catastrophe losses are a part of an insurers’ financial results and not a line item to be dismissed, said W. Robert Berkley Jr, president and chief executive of W.R. Berkley Corp during a recent conference call on …

Delaware Takes Fight Against IRS Over Captive Insurers’ Data to Supreme Court

The state of Delaware is going to the Supreme Court in its fight with the Internal Revenue Service (IRS) over the release of information on captive insurers. This fight has placed Delaware’s state regulation of insurance and its authority to …

Elon Musk to Appeal Loss in SEC Case to Supreme Court

Elon Musk plans to ask the U.S. Supreme Court to consider whether the Securities and Exchange Commission overstepped its authority in enforcing a consent decree that he has called a “muzzle” on his free speech. Musk would be appealing a …

Small Earthquake Confirmed in Arizona Town

A 3.8 magnitude earthquake shook a northern Arizona town Sunday afternoon but there was no immediate word on any injuries or damage, the United States Geological Survey confirmed. The USGS said the small quake struck near Chino Valley, just north …

Woman Forced Child to Start Fire to Collect Insurance, Georgia Commissioner Says

Georgia authorities said a 34-year-old woman has been charged with arson and child cruelty after she forced her stepchild to light fire to her home in order to collect insurance payments. Courtney Sellers, of Screven, in southeast Georgia, was arrested …

Alabama Firefighter Dies, Another Wounded After Attack at Fire House

An Alabama firefighter who was shot inside his fire station will be laid to rest today, providing a small measure of closure after what authorities have called a targeted attack that left another fireman critically wounded. News outlets reported that …