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Former North Carolina Volunteer Fire Chief Charged with Embezzling $155,300

A former volunteer fire chief in North Carolina has been charged with embezzling almost $155,300 from his department by falsifying time sheets. State Insurance Commissioner Mike Causey said in a statement that Brian Jason Edwards, 49, of Granite Falls, was …

UK’s Reeves Raises Employers’ National Insurance Contributions

Finance minister Rachel Reeves said on Wednesday she would raise employers’ social security contributions to 15% from April, a major revenue raiser for a budget the government hopes will kick-start moves to turn around a flagging economy. Britain’s Labour government …

Allstate, Roberto Clemente Agency Settle Racial Bias, Fraud Dispute

The son of the late Major League Baseball Hall of Famer Roberto Clemente and Allstate Insurance Co. have settled their disputes over Allstate’s cancellation of the Clemente Family Agency’s contract and allegations of racial bias. The parties have been in …

FTC Antitrust Merger Rules Issued After Rare, Bipartisan Compromise

A new US antitrust rule requiring companies to give the government more information on their mergers and acquisitions came with a surprise twist: The Federal Trade Commission passed it with a rare 5-0 vote. The agency’s two Republican commissioners, who …

Survey Shows California’s Insurance Crisis Is Impacting Home Sales

Realtors in California are reporting more difficulty selling homes because of the insurance crisis, according to a survey from the California Association of Realtors. The group surveyed its members and found 13% reported a home sale falling out of escrow …

Fla. DFS Offers to Check Contracts With Roofers, Adjusters; Tenn. Eyes Claims Denials

Officials in two Southeastern states have taken steps to hold insurers or recipients of insurance funds accountable after Hurricanes Helene and Milton spurred thousands of insurance claims. The Tennessee Department of Commerce and Insurance reminded insurance carriers that they must …

Helene-Caused IV Fluid Shortage to Affect Surgeries for Weeks

Surgery schedules around the country may be washed out for several more weeks while a crucial IV and sterile fluids factory remains shut down for hurricane-related damage. People often plan non-emergency surgeries in the fall and early-winter months when their …

King Risk Partners Acquires Connecticut’s Suzio Insurance

Florida-based insurance broker King Risk Partners reports it has acquired Suzio Insurance Center, Inc., an independent insurance agency based in Meriden, Connecticut. Suzio Insurance Center was started in 1974 by the late Franklin Suzio and is currently headed by James …

New Jersey Workers’ Compensation Rates to Drop 6.9% for 2025

New Jersey Commissioner of Banking and Insurance Justin Zimmerman has approved a 6.9% statewide average decrease in rates for workers’ compensation and employers’ liability insurance. The new rates will apply to new and renewal policies effective January 1, 2025. The …

Massachusetts Reports 18 Brush Fires; Smoke Blankets Eastern Communities

Residents in parts of eastern Massachusetts woke to the acrid smell of smoke Monday as firefighters worked to extinguish several brush fires. The National Weather Service said on the social platform X that smoke was trapped near the ground during …

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