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Minnesota Senate Passes $216M Virus Aid Package for Businesses, Workers

The Minnesota Senate has voted on Dec. 14 to pass a $216 million relief package aimed at businesses and workers who took the biggest hit from a four-week “pause” ordered by Gov. Tim Walz as increasing coronavirus cases threatened to …

Joint Louisiana Insurance Committees to Hear About Hurricane Claims, Pandemic

The insurance committees of the Louisiana Senate and House of Representatives will hear about the impact of multiple 2020 hurricanes and the COVID-19 pandemic on insurance rates in a joint meeting on Dec. 16. Presenters include representatives from the Louisiana …

Georgia Nonstandard Auto Insurer to Assume Business of Troubled Texas Carrier, ACCC

A portion of the personal auto insurance business of a Texas insurance company that appeared to be headed for liquidation at the end of November is being assumed by a Georgia-based insurer. Embark General, headquartered in Atlanta, said it is …

MGA Focused on Professional Liability Starts in California

ProFinity Insurance Services in Los Angeles, Calif., a specialty MGA, recently opened its doors to wholesale distribution. ProFinity is led by Ravi Uthayashanker, formerly of Lloyd’s of London, where his main focus was on small-to-medium enterprise engineer and contractor professional …

Vertus, Zurich Expand Deductible Buy-Back Coverage into Alabama, Miss.

Vertus Insurance Partners and Zurich North America have expanded the Cat4Home deductible buy-back insurance product to customers in Alabama and Mississippi. The company said the expanded offering comes after the second most active Atlantic hurricane season on record with 30 …

Judge OKs Plan for Settling Hurricane Damage Lawsuits Against Insurers in Louisiana

A federal judge in western Louisiana has approved a plan on how to settle thousands of lawsuits expected to be filed against insurance companies over damage from a pair of hurricanes that hit the region six weeks apart. Insurance companies …

Hull & Company Acquires Assets of South & Western General Agency in Texas

Hull & Company LLC, a subsidiary of Brown & Brown Inc., has acquired substantially all the assets of Addison, Texas-based South & Western Inc. and all issued and outstanding shares of its affiliate, S&W Premium Finance Company Inc. With roots …

Diessner Promoted to Executive VP at Minnesota’s Kraus-Anderson Insurance

Kraus-Anderson Insurance in Burnsville, Minn., has promoted Jon Diessner to executive vice president. Diessner will oversee the agency’s property/casualty, employee benefits and surety operations, and Kraus-Anderson Risk Innovation, the agency’s risk consulting practice. He has served as vice president of …

Florida School District Drops Request for Parkland Parents’ Social Media Posts

A Florida school district abruptly dropped its request Thursday that the families of students and staff slain in a 2018 high school massacre be required to turn over their social media posts from that period as it tries to defend …

Iowa Insurance Agent Fined $18K, Loses License Over Fraudulent, Dishonest Practices

An Iowa insurance agent has been ordered to pay $18,000 in civil penalties and relinquish her producer’s license over fraudulent and dishonest business practices, regulators say. The Iowa Insurance Division cited Brenda Murray of Garnavillo, Iowa, for fraudulent and dishonest …

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