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Oakbridge Expands Presence in Arkansas

Oakbridge Insurance Agency has announced a new partnership with Wes Sullivan and his team of Arkansas-based insurance professionals specializing in commercial trucking insurance for large fleets. The partnership supports the agency’s continued expansion of large specialty commercial lines throughout the …

First Republic, KPMG Are Sued for Concealing Bank’s Risks

First Republic Bank has been sued by shareholders who accused the beleaguered U.S. regional bank of concealing how rising interest rates threatened its business model by prompting an exodus of deposits. The lawsuit filed late Monday in San Francisco federal …

Specialist Risk Group Launches Platform for European Operations

Specialist Risk Group (SRG), the London-based insurance broker, announced the launch of Specialist Risk Europe, the platform for SRG’s European operations, headquartered in Dublin, Ireland. SRG’s latest announcement reinforces its European growth strategy and will build upon the success of …

Coinbase Files Legal Challenge to Push SEC to Write Rules on Crypto

Coinbase Global Inc filed a petition on Monday in an effort to compel the U.S. Securities and Exchange Commission to create new rules for digital assets, the company said in a blog post, in the latest escalation of the cryptocurrency …

Altria Tells Jury It Didn’t Benefit From Juul Youth Vaping Push

Altria Group Inc. didn’t benefit from its $12.8 billion investment in Juul Labs Inc., the tobacco giant’s lawyers told a jury in a trial over whether it helped the e-cigarette maker promote sales that led to a youth vaping crisis …

Ardonagh Advisory to Buy HNW Broker Stanhope Cooper, MGA Renovation Underwriting

Ardonagh Advisory Holdings Ltd., a subsidiary of The Ardonagh Group, announced, it has agreed to acquire a majority shareholding in leading High Net Worth (HNW) broker Stanhope Cooper and managing general agent Renovation Underwriting. Under the agreement, which is subject …

American Bar Association Sued Over Data Breach

A member of the American Bar Association (ABA) has filed a class-action lawsuit against the organization related to a recent data breach. Tiffany Troy, on behalf of herself and other affected members, filed the suit in U.S. District Court for …

Florida DA Orders Investigation After Homeowner Fires at Delivery Driver

A Florida prosecutor has ordered an investigation in a confrontation in which a homeowner fired shots into a couple’s car when they mistakenly turned onto his property while making a late-night grocery delivery. Police closed the case without consulting the …

Negligence Led to Mississippi Grain Bin Death, OSHA Finds

A South African teenage farm worker who suffocated to death after falling into a grain storage bin would still be alive had a Mississippi soybean farm followed federal workplace safety standards, inspectors with the U.S. Department of Labor’s Occupational Safety …

New York Woman Pleads Guilty to $27K in False Claims for Aquatic Treatments

Eunice Ting, of Watervliet, New York, pled guilty last Thursday to making a false statement to obtain benefits from the Department of Labor’s workers’ compensation program. According to prosecutors, Ting admitted that between December 2013 and March 2020, she falsely …

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