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Desjadon to Retire from Florida Peninsula; Adkins to Succeed

Roger L. Desjadon, CEO of Florida Peninsula Insurance family of companies, will retire next year. Desjadon is a co-founder of Florida Peninsula Insurance Company and has served as CEO since its inception in 2005. In the first quarter of 2021, …

Arthur J. Gallagher Acquires Texas Benefits Broker, PIATX

Arthur J. Gallagher & Co. has acquired San Antonio-based PIATX LLC. Terms of the transaction were not disclosed. Founded in 2009, PIATX is an employee benefits broker and consultant focused on delivering responsive and innovative coverages and services to businesses …

Worker Dead After Fall at Michigan Sugar Beet Processing Plant

A man who was helping clean a chute at a sugar beet processing plant in Michigan’s Thumb region fell about 120 feet to his death, authorities said. Bay County Sheriff’s deputies who were called on Dec. 15 to the Michigan …

Michigan’s J.W. Wilson Adds Cole; Promotes 4 in Underwriting Posts

Insurance broker and managing general agent JM Wilson has hired Laura Cole as assistant fleet underwriter in its Portage, Mich., corporate office. The company additionally has promoted four others in underwriting positions. Cole is responsible for assisting fleet underwriters on …

Oregon Judge Allows Suit Filed by 29 Women to Proceed Against Ex-Doctor

A judge has denied a request by a former suburban Portland, Ore. doctor to put a two-year hold on a civil case filed against him by 29 patients who allege he sexually abused them. Multnomah County Circuit Judge Melvin Oden-Orr …

$1M Settlement in Pricey California Beach Hotel Dispute

The owners of a Santa Monica beachfront hotel built without proper permits have agreed to pay $1 million in penalties and restitution to Los Angeles County, prosecutors said Wednesday. As part of the final judgment, the Shore Hotel has agreed …

AXA XL Names Marsh’s Barker to Lead Aviation Insurance Business in Canada

AXA XL has appointed Alex Barker to lead its aviation insurance business in Canada. Barker will report to Eric Donofrio, chief underwriting officer, Aerospace, Americas, and to Renato Rodrigues, country manager, Canada. Barker joins AXA XL from Marsh and MacLennan …

COVID-19 Fuels Abandonment of Ships – and Their Cargoes and Crews

From the deck of their tanker, Captain Samig Nabiyev and his crew could see the smoke and fire rising over the Port of Beirut, 900 meters away. When the flaming warehouse exploded, the force of the blast knocked Nabiyev flat …

Federal Court Advances COVID-19 Business Income Suit Despite Virus Exclusion

A federal district court in Virginia has ruled that a spa’s COVID-19-related business income loss lawsuit can move forward despite a virus exclusion in its insurance policy. The United States District Court for the Eastern District of Virginia, Norfolk Division, …

From Insurers to Landlords, Retailers to Restaurants, COVID Reshapes Economies

It would be just a temporary precaution. When the viral pandemic erupted in March, employees of the small digital insurance firm Thimble fled their Manhattan offices. CEO Jay Bregman planned to call them back soon — as soon as New …

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