Cadence Bank, found in parts of the South and Midwest, has merged two of its own subsidiaries to provide customers with a wider range of financial, human resource and insurance services, the company announced. Cadence Bank is a commercial bank …
Las Vegas police have agreed to a $300,000 settlement with the estate of a California man who said he was illegally questioned by officers during a traffic stop of a van carrying members of a motorcycle club. James Iiams, a …
The global insurance brokerage known as HUB International has acquired Kentucky-based Taylor Advisors, a financial consulting and investment firm. The acquisition will expand HUB’s financial institutions specialty practice, the company said in a news release. Taylor has offices in Louisville. …
Taking a deep dive into the world of managing general agents and other delegated underwriting authority enterprises, AM Best reports that premiums generated by DUAEs are climbing, and interest in MGA acquisitions remains high. In a March 1, 2022 report …
The U.S. Department of Agriculture has agreed to provide $12.8 million in emergency funding to help parts of Arizona recover from three major wildfires in recent years, two members of the state’s congressional delegation announced. Sens. Kyrsten Sinema and Mark …
The Tennessee Department of Commerce and Insurance returned more than $8 million to policyholders in 2021 through mediation between consumers and insurance companies, the department announced this week. The department investigated and mediated some 2,900 complaints by policyholders, which resulted …
The U.S. Justice Department’s top priority in rooting out corporate malfeasance is to hold individuals accountable, Attorney General Merrick Garland said March 3 as he detailed a shift in focus and resources at the agency. The agency is allocating resources …
The Florida Senate approved a bill that could limit many homeowners’ roof claims, which some insurers have called a major factor behind the state’s insurance crisis, but the bill’s future in the House chamber is far from certain. The Senate …
Property and auto insurers in Australia have received 60,163 claims related to the ongoing disastrous flooding in South-East Queensland and New South Wales. Based on previous flood events, the Insurance Council of Australia (ICA) estimates the current cost of claims …
China has told top state insurers to perform urgent checks on their exposure to Russia and Ukraine, as concerns swirl about the damage to the two economies amid intense fighting, according to two sources and documents seen by Reuters. The …
