November 9, 2022
Residents were allowed to return home this week after they were evacuated when a large fire broke out Monday inside a chemical plant on the coast of Georgia. Authorities had feared nearby neighborhoods could have been hit with toxic smoke …
November 9, 2022
BRP Group, the parent company of the national brokerage known as Baldwin Risk Partners, announced a near-doubling of revenue for the third quarter of 2022 over this time last year, but it still saw a net loss of $47 million …
November 9, 2022
A Mexican bakery will be turning out more bread in south Georgia, announcing a larger bakery to go with a smaller one that it’s already building. Mexico City-based Grupo Bimbo said Friday that it will spend $200 million on a …
November 9, 2022
A lawyer for Sandy Hook families said Monday that significant punitive damages need to be imposed on Alex Jones to deter him and other conspiracy theorists from continuing to tell their followers the 2012 Newtown shooting was a hoax, in …
November 9, 2022
Woodruff Sawyer Names Schmidt Producer for Pacific Northwest Region Woodruff Sawyer announced Tim Schmidt as the new vice president, producer, for the Seattle, Washington, office. Before joining Woodruff Sawyer, Schmidt served seven years at Parker, Smith and Feek, where he …
November 9, 2022
Financial services holding company Ambac Financial Group, Inc. announced that it has acquired majority stakes in both All Trans Risk Solutions, LLC and Capacity Marine Corp, both of Mahwah, New Jersey. All Trans is a managing general underwriter (MGU) specializing …
November 8, 2022
Insurers have paid or reserved to pay $13.9 billion on all types of Hurricane Ida-related claims in Louisiana through September 30, Insurance Commissioner Jim Donelon announced today. This data is the final measure of damage from Hurricane Ida, which struck …
November 8, 2022
A federal grand jury in Chicago, Illinois, returned an indictment, which was unsealed yesterday, charging three Illinois men with operating an odometer and title fraud scheme that involved hundreds of used cars over the course of many years. According to …
November 8, 2022
The U.S. Environmental Protection Agency (EPA) has ordered Michael Zahner of Bollinger County, Missouri, and Mark Schmidt of Lancaster County, Nebraska, to take immediate steps to comply with the federal Clean Water Act. The Agency is also seeking civil penalties …
November 8, 2022
An attorney for the Texas public adjuster accused of pocketing $7.6 million in insurer settlement checks told an administrative law judge that the case doesn’t warrant any administrative penalties and if any restitution is ordered, it should be limited to …