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Jury Awards $25M to Chicago Man in Wrongful Murder Conviction

A federal jury on Friday awarded more than $25 million to a man who sued the city of Chicago and two police detectives after being wrongfully convicted of murder and spending nearly 23 years in jail. Eddie Bolden was freed …

Whitmer: Michigan Drivers Should Be Reimbursed for $5B Surplus

Michigan Gov. Gretchen Whitmer called on the Michigan Catastrophic Claims Association (MCCA) to return surplus funds to insured drivers in a Nov. 1 letter written to the nonprofit’s executive director R. Kevin Clinton. According to Whiter, the MCCA had a …

California Labor Shortage Compounding Complex Agriculture Landscape for Insurance Pros

The labor shortage in California has hit the agriculture industry particularly hard, creating a tougher environment all around – including for insurance professionals who deal in that sector. The lack of labor in the Golden State’s agriculture industry further compounds …

Ardonagh Group Closes on Acquisition of BGC Partners Insurance Units

UK insurance broker Ardonagh Group has completed its acquisition of the insurance operations of BGC Partners Inc. for $500 million in cash. The deal was first announced in May. Ardonagh has acquired 100% of Ed Broking Group and Besso Insurance, …

Florida Man Jailed on Insurance Fraud After ‘Theft’ of Motorcycle

Cameras are everywhere these days, a Florida man learned after authorities say he faked the theft of a pricey motorcycle in order to gain an insurance payout. Jeffrey Stephens, 27, was arrested Friday on fraud charges, the Volusia County Sheriff’s …

Risk Strategies Acquires Illinois-Based Better Business Planning

Risk Strategies, a national specialty insurance brokerage and risk management firm, has acquired Better Business Planning, Inc., an insurance agency specializing in employee benefits solutions. Terms of the deal were not announced. Based in Itasca, Illinois, Better Business Planning is …

Hylant, Obsidian Launch Program for Restaurant Delivery Drivers

Hylant, a Toledo, Ohio-based insurance brokerage, has launched RoadPilot, a “pay as you go” hired non-owned program designed for the restaurant home food delivery industry. RoadPilot is an app-based technology that drivers install on their phones, according to a statement …

Get-A-Quote Expanding Online Tool in Florida

An online shopping tool, GetAQuote.com, is expanding its service to include more homeowners’ insurance offerings in Florida, the company announced. The firm began in Boca Raton, focused on upper-end homes and country club residences, but now wants to reach more …

Vegas Owes Builder $34M in Golf Course Dispute

A Nevada court judge has ordered the city of Las Vegas to pay about $34 million to a developer who has tried for years to build homes on a vacant former golf course in northwest Las Vegas. Clark County District …

Jury Rules GEO Group Owes Immigrants in Washington $17M in Back Pay

A jury has determined that The GEO Group must pay nearly $17.3 million to immigration detainees who were paid $1 a day to perform tasks such as cooking and cleaning at the company’s for-profit detention center in Washington state. Friday’s …

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