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Renaissance Adds Another Florida Insurance Agency

Hillcrest Insurance Agency in Mount Dora, Florida, is now part of the Renaissance Alliance, a network of independent agencies. Hillcrest offers coverage for construction, homeowners’ associations, restaurants, houses of worship and campgrounds. Renaissance, with offices in Southborough, Massachusetts, and Miramar, …

Snowbirds Could Feel Chill: Citizens Revives Idea of Surcharge on 2nd Homes

Citizens Property Insurance Corp. officials have spoken extensively about the need to depopulate the insurer’s rolls and reduce its dramatic growth rate, and the measures Florida lawmakers can take to help with that. Ideas discussed in recent months include allowing …

Sackler Family Denies Scheme to Abuse Bankruptcy System and Avoid Liability

Members of the Sackler family on Monday said billions of dollars they collected from Purdue Pharma before the company filed for Chapter 11 was the result of extra cash, not part of a “secret plan” to abuse the bankruptcy system. …

Regulator Warns Banks That Ransomware Attacks Are Rising

A top U.S. banking regulator is cautioning firms to ensure they have robust policies to protect themselves from cyberattacks, saying it is seeing an uptick in ransomware attacks, it said in a report issued Monday. The Office of the Comptroller …

Wisconsin Condominium Evacuated Due to Structural Issues

A six-story condominium building that was the subject of resident complaints dating back to June 2020 has been evacuated in a Milwaukee suburb after engineers found the structure was in imminent danger of collapsing. Police and firefighters cleared the 48-unit …

California Man Arraigned on 14 Counts of Insurance Fraud in ‘Paper Collision’ Scheme

Farrukh Hussain, 37, of Eastvale, California, was arraigned on 14 felony counts of insurance fraud after allegedly stealing consumers’ identities to file 14 fraudulent insurance claims with six different insurance companies using a “paper collision” scheme – meaning most of …

Report: Missouri Governor Planned to Thank Glitch-Finding Journalist

Just before Missouri Gov. Mike Parson condemned a St. Louis Post-Dispatch reporter for exposing a state database flaw, records show the state Department of Elementary and Secondary Education was instead preparing to thank him for finding the glitch. The Post-Dispatch …

Willis Towers Watson Acquires Sydney-Based Aviation Broker Aerosure

Insurance broker Willis Towers Watson announced the acquisition of Aerosure, a leading aviation industry specialist, focused on the Australia, New Zealand and Pacific Island region. Aerosure, based in Sydney, will become a part of Willis Towers Watson’s (WTW) Global Aerospace …

South Dakota Begins Medical Marijuana Permitting Process

The South Dakota Department of Health is beginning to issue medical marijuana cards, but officials say it could be months before dispensaries will have anything to sell. Municipalities across the state are also receiving applications for permits from those who …

Norwegian Cruise Ship Outside New Orleans Reports COVID Outbreak

Ten people aboard a Norwegian Cruise Line ship approaching New Orleans have tested positive for COVID-19, officials said over the weekend. The Norwegian Breakaway had departed New Orleans on Nov. 28 and is due to return this weekend, the Louisiana …

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