December 6, 2021
Arthur J. Gallagher & Co. announced it has completed its 30% minority investment in Middle East & North Africa (MENA) specialist insurance broker ACE. Financial details of the deal, which was first announced in April, were not disclosed. Under the …
December 6, 2021
Aston Lark, the London-based insurance broker backed by Goldman Sachs that is soon to become part of Howden, announced the acquisition of the client book of UK-based Choice Benefits Ltd. Financial details of the deal were not disclosed. Having advised …
December 6, 2021
Louisiana residents and businesses have received $2.5 billion in federal aid related to Hurricane Ida, the Federal Emergency Management Agency said. It said another $27.8 million has been approved in public assistance grants for local governments and nonprofits. Ida was …
December 6, 2021
Oakbridge Insurance Agency, a regional independent agency, announced it has continued its Southeast U.S. expansion plans by contracting with Your Insurance Centers, an agency in Alabama. The move into Alabama is the latest for Oakbridge, which was founded less than …
December 6, 2021
Two women have been charged with insurance fraud, one in connection with expired car insurance and one for providing false cancer treatment invoices, the North Carolina Department of Insurance announced. Clarlese Hobdy, 24, of Greensboro, was charged last week after …
December 6, 2021
Florida’s Department of Financial Services has added 13 employees, 10 of whom are sworn law enforcement officers, to investigate property insurance fraud in the state, Chief Financial Officer Jimmy Patronis said. The squads were authorized by the Legislature last year. …
December 6, 2021
With good news comes bad, and vice-versa in Florida’s growing but rapidly deteriorating property insurance market, industry analysts said at a two-day Florida Chamber of Commerce Insurance Summit last week. First, some of the good news: Florida is on track …
December 6, 2021
Hub International Ltd. acquired the assets of Shattuck & Grummett Insurance in Juneau, Alaska. John Grummett, Stacy Grummett, Rick Shattuck and Teresa Young, owners of Shattuck & Grummett Insurance, and the Shattuck & Grummett Insurance team will join Hub Northwest. …
December 6, 2021
Rare and minor cannabinoids, which occur in much smaller quantities than CBD and THC, have yielded an alphabet soup of new acronyms in our language – CBN, CBG, THCV, Delta-8 THC, CBC – and they have the potential to boost …
December 6, 2021
Millions of health care workers across the U.S. were supposed to have their first dose of a COVID-19 vaccine by Monday, Dec. 6 under a mandate issued by President Joe Biden’s administration. Thanks to legal challenges, they won’t have to …