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Relation Acquires Texas’ Davenport

Relation Insurance Services, Inc has acquired the assets of Wilson R Davenport & Associates LLC, headquartered in McAllen, Texas. Davenport provides employee benefits solutions to clients throughout South Texas. Wilson “Dusty” Davenport will continue with Relation and will strengthen Relation’s …

Abuse Victims View Settlement Payouts as Unequal at Two Michigan Schools

Two former University of Michigan football stars who stand to receive as much as $500,000 each through the school’s sexual abuse settlement with more than 1,000 students say the per-victim payouts should be much higher, pointing to a similar case …

OakBridge Continues Regional Expansion with McNeal Agency in Georgia

Oakbridge Insurance Agency, a large regional agency in the Southeast, announced that it has acquired McNeal Sports & Wilson Risk Advisers, an independent agency in Waycross, Georgia. Oakbridge CEO Robbie Smith said the move sets the stage for further growth …

Progressive Q4, Full Year Net Income Drop Over 40%

Fourth quarter 2021 earnings at Progressive Corp. fell 43% compared with the same time period a year ago to $962.3 million. The results were despite the personal and commercial property insurer posting an increase of 13% in net premiums written …

Ohio, Volkswagen Settle Emissions Case For $3.5 Million

Ohio has settled an environmental lawsuit with Volkswagen over the company’s 2015 emissions scandal for $3.5 million, state Attorney General Dave Yost announced. As that scandal unfolded, the automaker was found to have rigged its vehicles to cheat U.S. diesel …

California City Votes to Require Gun Liability Insurance

The city council in San Jose, California, voted on Tuesday to become the nation’s first city to require gun owners to purchase insurance coverage. Funds from an accompanying annual fee of $25 will go toward reducing gun violence. Mayor Sam …

Massachusetts Crash Victim Sues Uber for $63 Million

A Massachusetts man seriously injured in a crash while a passenger in an Uber car is suing Uber and the driver for $63 million in damages. The suit accuses Uber of negligence in the hiring of the driver, who the …

Las Vegas Police Paying $2.35M in Jail Restraint Death

The family of a tourist who died in Las Vegas after being strapped to a restraint chair in jail following his arrest on a trespassing charge has agreed to a $2.35 million settlement with the police department, their attorney said …

Harris Confirmed as New York Financial Services Chief

The New York State Senate has voted to confirm Adrienne A. Harris as superintendent of the New York State Department of Financial Services (DFS). Harris, a former economic advisor to President Barack Obama, was nominated by Governor Kathy Hochul in …

Tennessee Doc Pleads Guilty Then Sues Insurer After Clinic Burns Down

A Tennessee doctor who pleaded guilty to running a pill mill has now filed suit against his property insurance carrier for failing to pay after a suspicious fire destroyed his clinic. Dr. David Bruce Coffey of Oneida, in northeast Tennessee, …

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