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Alera Acquires Michigan’s Becker Insurance Agency

Alera Group, an independent, national insurance and wealth management firm, has acquired Becker Insurance Agency, P.C., an independent insurance agency based in Portage, Michigan. Terms of the transaction were not disclosed. Becker Insurance was established over 50 years ago with …

If a Tree Falls on a Porta-Potty, Injury Not Compensable, Tennessee High Court Finds

If a tree falls on worker while he’s on a bathroom break, the resulting injury is not necessarily compensable, the Tennessee Supreme Court has decided. In Brett Rosasco v. West Knoxville Painters and State Farm Fire and Casualty Co., the …

GoDaddy Says Security Incident Exposed Data of 1.2M WordPress Users

Internet domain registration and web services company GoDaddy reported today that it has discovered a security breach that could affect up to 1.2 million active and inactive WordPress customers. The breach exposed the customers’ email address and customer numbers, making …

Louisiana Department of Insurance Creates Ida Relief Resource Center

The Louisiana Department of Insurance and Lafitte mayor Tim Kerner Jr. are creating a resource center to help residents understand their insurance policies, answer general insurance questions, and assist them with filing Hurricane Ida-related complaints. The resource center will be …

Wisconsin Medical Payments per Workers’ Comp Claim Among Highest in Study

A recent study by the Workers Compensation Research Institute found that medical payments per claim with more than seven days of lost time in Wisconsin were among the highest of 18 states studied and changed little from 2014 to 2019. …

Deadline Nears for FEMA Aid for Hurricane Ida

Louisiana residents impacted by Hurricane Ida’s destruction in August have a week remaining to seek individual assistance from the Federal Emergency Management Agency. The deadline for individuals and families to apply for federal aid for rental assistance, temporary housing, home …

Resilience Cyber Closes $80M Funding Round to Further Expand Into Middle Market

Resilience, which offers cyber insurance and security solutions, reported that that it closed an $80 million Series C funding round as it plans for further middle market expansion and international growth. The funding round was co-led by General Catalyst and …

Colorado Suburb Paying $15M to Settle Elijah Mcclain Suit

The Denver, Colorado suburb of Aurora has agreed to pay $15 million to settle a lawsuit brought by the parents of Elijah McClain, a Black man who died after suburban Denver police stopped him on the street and put him …

K2 Launches Parametric MGA in California Headed by Carpinteri

K2 Insurance Services LLC launched a managing general agency called K2 Parametric, which is being led by Scott Carpinteri, who has experience in the parametric insurance space. K2 Parametric will be based out of California. Carpinteri has more than 25 …

Insurtech Slide Closes $100M Fundraising Round

Slide, an insurtech company based in Tampa, announced it is closing its oversubscribed, $100 million Series A fundraising round. Slide uses data, artificial intelligence and machine learning to let homeowners create insurance policies, and the fundraising will help the firm …

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