June 5, 2024
Marsh McLennan Agency said it completed its purchase of Fisher Brown Bottrell Insurance, Inc. from Trustmark National Bank for about $316 million. The subsidiary of Marsh said all Jackson, Mississippi-based Fisher Brown Bottrell employees will join Marsh McLennan Agency and …
June 5, 2024
ATLANTA (AP) — For at least some residents, Atlanta’s water problems weren’t over Monday. Milena Franco, who lives in the city’s Midtown neighborhood, said she and her husband had water all weekend. But Monday morning, the flow was cut off, …
June 5, 2024
FRANKFORT, Ky. (AP) — Kentucky Gov. Andy Beshear said this week that a rental housing shortage has gnawed at him since the recovery began from a terrifying tornado outbreak that hit western parts of the state in late 2021. The …
June 5, 2024
State and federal safety officials are investigating a fatal explosion and fire at a Chattanooga, Tennessee, steel-hardening facility. The U.S. Chemical Safety and Hazard Investigation Board said it had sent a team to the TS USA liquid nitriding plant to …
June 4, 2024
Florida financial regulators have charged a Fort Myers insurance broker with taking out a life insurance policy on a person without their knowledge and misusing the person’s identification information. Bryce Corey Tyminski, 26, was arrested and booked into the Lee …
June 4, 2024
The Florida Office of Insurance Regulation has posted a new reporting form for catastrophe claims data for the 2024 hurricane season. Florida law requires property insurers to report a wide range of information after storms. The form standardizes the data …
June 4, 2024
InsureTrust, an Atlanta-based specialty broker specializing in cyber risk, has named Sonja Kozel as senior vice president. Kozel, with 10 years in the business, previously led sales for Cowbell, a cyber insurance company, and for Markel Specialty. She graduated from …
June 4, 2024
TALLAHASSEE, Fla. (AP) — Recovery from a May 10 tornado outbreak has cost Florida’s capital city $50 million so far, Tallahassee Mayor John Dailey said Friday. Florida officials have requested that the Federal Emergency Management Agency declare a major disaster, …
June 3, 2024
Universal Insurance Holdings, the publicly traded parent of one of Florida’s largest property insurers, said it has completed its reinsurance program for its two subsidiaries ahead of the June 1 renewal. “For this renewal, we approached the market with considerably …
June 3, 2024
ST. HELENA ISLAND, S.C. (AP) — Five people, including a 4-year-old, were killed during a fiery three-vehicle crash near the southern South Carolina coast, authorities said Thursday. The South Carolina Highway Patrol said a BMW was traveling south Wednesday night …