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Takeaways from Our Conversation on Selling Cannabis Insurance in Tougher Times

The Green Rush may be gone, but now is the opportunity for the true insuring cannabis specialists to rise to the occasion and outshine the dabblers in the field. That was one takeaway from a panel of experts in the …

California Assembly Passes Insurance Accelerator Bill for Clean-Fuel Truck Fleets

The California State Assembly unanimously voted for a bill that will help accelerate the transition to clean-air technology by making sure clean fleets have access to available and affordable commercial insurance. Assembly Bill 844, the Clean Fleet Insurance Accelerator legislation …

Insurer Group Concerned Over FIO Climate-Related Data Collection Effort

The National Association of Mutual Insurance Companies is airing concerns over what the group calls a “duplicative data call” issued by the Federal Insurance Office on climate change. The concerns are being expressed by NAMIC as part of a bipartisan …

AM Best Revises Outlook to Negative for Louisiana Farm Bureau Mutual

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Louisiana Farm Bureau Mutual Insurance Company (Louisiana Farm Bureau) (Baton Rouge, …

People Moves: Atkins Joins XPT Specialty as VP and Wholesale Casualty Broker

Atkins Joins XPT Specialty as Vice President and Wholesale Casualty Broker Drew Atkins has joined XPT Specialty’s Texas-based operations as vice president and wholesale casualty broker. XPT is headquartered in New York, New York. Atkins started his career as a …

People Moves: Celina Insurance Group Promotes Harlamert and Montgomery

Celina Insurance Group Promotes Harlamert and Montgomery Celina Insurance Group, headquartered in Celina, Ohio, recently promoted Trisha Harlamert to vice president of underwriting and Scott Montgomery to vice president of distribution. Harlamert has been with Celina for 27 years. She …

Michigan Baby Formula Manufacturer Sued for Disability Discrimination

Mead Johnson & Company, a manufacturer of baby formula, violated federal law at its Zeeland, Michigan facility by failing to provide a reasonable accom­modation to an employee with a disability, the U.S. Equal Employment Opportunity Commis­sion (EEOC) charged in a …

On Illinois Highway, Blinding Dust, Then ‘Crash After Crash’

DIVERNON, Ill. (AP) – Winds stirred up a wall of dust from farm fields that engulfed a stretch of busy interstate highway in a matter of minutes. The brown cloud’s intensity caked even the insides of vehicles in dirt. As …

RIMS Conference Cut Short by Fatal Shooting in Midtown Atlanta

A fatal shooting incident Wednesday that locked down portions of Atlanta as a suspect was on the loose, resulted in the early closing of RIMS’ Riskworld annual conference. The shooting occurred at a medical facility on West Peachtree Street in …

Chubb’s Greenberg: Start Questioning the Societal Benefits of Litigation Funding

Chubb CEO Evan Greenberg said society and the business community need to start asking questions regarding the purpose of third-party litigation funding, a major contributor to increases in frequency and severity within casualty lines. “What social purpose does litigation funding …

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