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Buckle, Amwins Form MGA to Offer Auto to Gig Workers

Buckle, a technology-based financial services company, has entered into a managing general agency agreement with Amwins Specialty Auto to place non-standard automobile insurance for gig workers in Florida. Gateway Insurance will be the admitted carrier, Buckle said in a news …

Florida Jury Awards $100 Million in Bitcoin Trial; Defense Calls it a Big Win

Craig Wright, a computer scientist who claims to be the inventor of Bitcoin, prevailed in a civil trial verdict Monday against the family of a deceased business partner, which claimed it was owed half of a cryptocurrency fortune worth tens …

How Big Tech Is Faring in U.S. Lawsuits and Probes

Big Tech platforms Meta Platforms Inc, formerly known as Facebook, and Google have been hit with a series of antitrust lawsuits by the U.S. federal government and states on charges they are operating monopolies and abusing their power. Below is …

Arthur J. Gallagher to Pay $40K to Settle Colorado Religious Discrimination Suit

Arthur J. Gallagher & Co. will pay $40,000 to settle an employment discrimination lawsuit brought by the U.S. Equal Employment Opportunity Commission. The EEOC charged that Arthur J. Gallagher violated federal anti-discrimination laws when it fired a client underwriting associate …

BE Group Takes Fresh Look at Buying $10 Billion Insurer Ageas

BE Group, an investor group fronted by former financial services dealmakers, is exploring the feasibility of a fresh pursuit of Belgian insurer Ageas after a previous attempt was rebuffed, people familiar with the matter said. The consortium has been speaking …

Parents of Indiana Girl Sue City After She Drowns in Pool

The parents of a 5-year-old girl who drowned last summer in a southwest Indiana city’s swimming pool are suing the city and the child’s foster parent, accusing them of negligence in her death. The lawsuit filed Dec. 3 in Gibson …

People Moves: Branch Names Brizard CBO; Hagerty Adds Ignoto

Branch Names Brian Brizard Chief Business Officer Branch, a full-stack insurance company, has hired Brian Brizard as chief business officer. As Branch continues its nationwide expansion, Brizard’s hiring marks a major investment to the commercial end of Branch’s business and …

Hub Acquires Texas-Based Cameron Investment Company

Hub International Limited (Hub), a global insurance brokerage and financial services firm, has acquired Cameron Investment Company, Inc., d/b/a Shepard Walton King Insurance Group (Shepard Walton King). Terms of the transaction were not disclosed. Headquartered in McAllen, Texas, Shepard Walton …

People Moves: Kentucky’s Big I; Berkshire’s Life Sciences

Big I of Kentucky, the association of independent insurance agents in the state, has elected Kevin Desmond as chairman. Desmond, who is president of Desmond Insurance in Bellevue, has been active on the Big I board and committees since 2016, …

Study: No Intentional Racial Bias in Washington Patrol Traffic Stops

A study from Washington State University found no intentional racial bias in traffic stops by the Washington State Patrol, however it noted disparities in traffic stops involving Black and Hispanic drivers. KOMO reports the study conducted by WSU’s Division of …

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