Marshall & Sterling Insurance, a 100% employee-owned company, has entered into an agreement to acquire Jaeger & Flynn Associates Inc. (JFA), an employee benefits broker and third-party administrative services (TPA) provider in New York’s greater capital region. This acquisition will …
Japan Post Holdings Co.’s insurance unit plans to buy back about 300 billion yen ($2.9 billion) of shares from its parent, giving the insurer more freedom to expand its business, according to people with knowledge of the matter. The holding …
Citing a flood of new policies entering Citizens Property Insurance Corp. and a growing disparity between its rates and rising rates of private insurance companies, the board of Florida’s insurer of last resort voted unanimously to postpone final action on …
North Carolina worker and civil rights advocates are unhappy with the outgoing state labor commissioner’s refusal to put more regulations upon employers they say will protect employees from COVID-19. Representatives of the groups that petitioned Commissioner Cherie Berry unsuccessfully this …
Tyson Foods Inc. said on Wednesday it had fired seven managers at an Iowa pork plant after investigating allegations that they took bets on how many employees would catch COVID-19. The independent investigation, led by former U.S. Attorney General Eric …
Editor’s note: This part of a series of profiles on cannabis brokers, in which Insurance Journal explores why and how these folks got into the business, the ups and downs of insuring cannabis, as well as a few tips for …
Burbank, Calif.-based SCA Appraisal has named Mark Bewley assistant vice president of field operations. SCA Appraisal has also named Nick Napier vice president of operations. Bewley will be responsible for SCA’s national field appraisal operations across insurance carriers, third-party administrators, …
Ransomware attacks increased in terms of both severity and costs this year, forcing insurers to become more selective and even scale back on the cover they offer against cyber crimes, a report from a leading insurer showed. The total costs …
Everest Insurance has released a new architects and engineers professional liability policy to provide design professionals with professional, pollution and cyber liability coverage. Everest Elevation was developed to address the coverage needs of architectural, design, engineering and construction firms, and …
Since 2003, insurance rates in the Texas workers’ compensation system have dropped by nearly 72 percent, according to a new study released by a research group within the state’s insurance department. In 2003, the Texas workers’ compensation system was in …
