Settlement Made in Louisiana Workers’ Crawfish Processing Suit June 27, 2022 Six migrant workers would share in a total of more than $21,000 in the proposed settlement of a lawsuit filed...
Maine Agency Faces Backlash, Loses 3 Carriers After Juneteenth Posting June 24, 2022 By Andrew G. Simpson An independent insurance agency in Millinocket, Maine has lost three of its carrier partners and continues to face backlash on...
Cyber Insurtechs and Insurers ‘In This Together,’ Not in Competition June 24, 2022 By Chad Hemenway Insurtechs and insurance companies are “breaking down the wall” that stood between them as competitors in favor of working together...
People Moves: McGriff Names Curtis VP for Captives, Alternative Risks June 24, 2022 McGriff Insurance Services, a retail insurance broker based in Huntsville, Alabama, has named Bud Curtis vice president and alternative risk...
Acrisure Acquires Ohio’s QuickInsured Agency June 24, 2022 Acrisure, a fintech company that runs a global insurance broker, announced that it has acquired Columbus, Ohio-based QuickInsured, a tech-centered...
Walgreens Reaches $105 Million Settlement With Shareholders June 24, 2022 By Jonathan Stempel Walgreens Boots Alliance Inc. agreed to pay $105 million to settle a long-running class-action lawsuit accusing it of misleading shareholders...
Marijuana Banking Overhaul Removed from China Competition Bill June 24, 2022 Lawmakers have dropped language aimed at making banking services easier for state-authorized marijuana businesses from a bill on US innovation...
Carnival Cruise Pays $5M, Gives Up Insurance Licenses in New York Over Data Breach June 24, 2022 New York’s financial services regulator has fined Carnival Corp. $5 million for violations of the state’s cybersecurity regulations that the...
Florida’s Citizens Insurance Could Spend $100M on Defense Legal Fees This Year June 24, 2022 Citizens Property Insurance Corp. could spend $100 million this year on attorneys who defend claims litigation against the insurer, a...
Flood Alert in China’s Manufacturing Hub at Highest Level June 24, 2022 China’s manufacturing hub of Guangdong raised its flood warning to the highest level due to the worst rains in decades,...