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

Texas Women Want Careers as Truck Drivers Say They Can’t Get a Job Because of Their Gender

Ashli Streeter entered truck driving school with high hopes of the open road and a well-paying job. The 27-year-old from Killeen took out a $7,000 loan for school and received her commercial driver’s license in May. After months of filling …

Former Medical Resident At Mayo Clinic in Minnesota Charged With Poisoning His Wife

A poison specialist and former medical resident at Mayo Clinic in Minnesota is charged with fatally poisoning his wife, a 32-year-old pharmacist who died days after she went to a hospital in August with stomach distress. Authorities say Connor Bowman, …

Courts Find ‘How Many Apartment Units Are There?’ Is an Ambiguous Question

Because its application question about how many apartments were in a New York building was considered ambiguous, an insurer has lost its bid to deny a commercial property insurance claim and rescind the policy. The Second Circuit Court of Appeals …

Sentry in Wisconsin Contributes Another $350K to Support Maui Wildfire Recovery

Sentry Insurance in Wisconsin announced additional donations of $350,000 to bolster the ongoing Maui wildfire recovery efforts. The contribution brings the company’s total giving to Maui non-profits for direct wildfire relief to $1 million. As the venue for the PGA …

Kentucky Approves 18th-straight Decrease in Workers’ Comp Loss Costs

Kentucky’s Insurance Commissioner has approved a 6.4% decrease in average workers’ compensation loss costs for the state, making it the 18th consecutive drop in costs for most Kentucky employers. “The decreased claim figures make Kentucky an appealing state to do …

Acapulco’s Economic Losses Seen at $15 Billion as Hurricane Otis Death Toll Rises

Hurricane Otis left a trail of destruction in Acapulco after tearing into the historic Mexican beach town with wind speeds of 165 miles (266 kilometers) per hour, smashing shops and wrecking apartment buildings and hotels. State authorities have reported 27 …

AgentSync Raises $50M in Funding to Drive Operational Efficiencies For Insurers and Distributors

AgentSync doubles down on building the most modern and connected producer management and compliance solutions to provide flexibility in distribution channels for carriers, agencies, and MGAs DENVER, CO, October 26, 2023 — AgentSync, the leader in modern insurance infrastructure, today …

NIP Group Introduces the Edge Series: Specialized Monoline Insurance Products for the Construction and Agricultural Industries

WOODBRIDGE, N.J., October 26, 2023 — NIP Group, a premier insurance and risk intermediary, is proud to unveil the Edge Series, a suite of monoline insurance products purposefully crafted for over 50 classes within the construction and agricultural industries. As …

RMS Brokerage Acquires Clancy & Clancy in New York

RMS Insurance Brokerage, LLC announced that it has acquired Garden City, New York-based Clancy & Clancy Brokerage LTD (C&C). An independent insurance agency founded in 1956 by the late Maureen and Cummin Clancy, C&C offers commercial and personal lines insurance …

FEMA Raises Federal Cost Share to 90% of Eligible Hurricane Ian Recovery in Florida

The Federal Emergency Management Agency has raised the federal cost share for funding assistance, potentially making millions more dollars available to Florida authorities for Hurricane Ian recovery efforts in Florida, the agency said Wednesday. FEMA Administrator Deanne Criswell said in …