October 19, 2021
Brown & Brown, Inc. has acquired all of the stock of Remedy Analytics. Founded in 2011 by current chief executive officer, Scott L. Martin, Remedy Analytics uses its proprietary PharmaLogic® data-based medication platform to offer pharmacy consulting services to employers …
October 19, 2021
There was $590 million in suspicious activity related to ransomware in the first six months of 2021, exceeding the entire amount in 2020, when $416 million was reported, according to a report released Friday by the U.S. Treasury Department’s Financial …
October 19, 2021
Crest Insurance Group of Tucson, Ariz., named Russell Pallesen vice president of commercial sales. Russell has previously been a branch manager for Enterprise Rent a Car, and has worked in pharmaceutical sales. In 2017, he began selling property/casualty insurance. Crest …
October 19, 2021
The COVID-19 pandemic helped expose the growing vulnerability of Lake Tahoe’s increasingly tourism-dependent economy as housing costs balloon, year-round residency declines and more workers commute from afar or seek jobs elsewhere, a new report says. The Tahoe Prosperity Center says …
October 19, 2021
A federal report aimed at improving aviation safety in Alaska recommends improvements in providing weather information to pilots and continued work to update maps with information on mountain passes, among other steps. The Federal Aviation Administration, which released the report …
October 19, 2021
Residents who fled the Alisal Fire west of Santa Barbara have been allowed to return home. All evacuation orders and warnings were canceled Sunday afternoon. The fire was 87% contained Monday morning and its size was holding at about 27 …
October 19, 2021
Floyd Named Director of Fiscal Services for Maryland Insurance Administration Maryland Insurance Commissioner Kathleen A. Birrane named Linwood Floyd as director of fiscal services for the Maryland Insurance Administration (MIA). Floyd comes to the MIA after more than 13 years …
October 19, 2021
The Hilb Group acquired Connecticut-based Gerardi Insurance Services Inc., increasing its New England footprint. The transaction became effective October 1, 2021. Based in Putnam, Connecticut, Gerardi Insurance offers property/casualty and employee benefits products and services for clients throughout the region. …
October 19, 2021
Two cryptocurrency lending platforms were asked to cease activities in New York by the state’s attorney general on Monday and three other platforms were directed to provide information about their business. The move comes weeks after New York Attorney General …
October 19, 2021
Third quarter profit fell 20% at The Travelers Companies due to higher catastrophe and auto losses but the insurer also reported a 15% boost in investment returns. Net income of $662 million for the third quarter compared to $827 million …