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Italy’s Generali Eyes Possible Acquisition of U.S. Asset Manager Brightsphere: Sources

Assicurazioni Generali SpA has approached Brightsphere Investment Group Inc about a possible acquisition of the U.S. asset management firm, people familiar with the matter said on Friday. A deal would expand the U.S. footprint of Italy’s top insurer while enabling …

The Liberty Company Insurance Brokers Adds Mehta in California

The Liberty Company Insurance Brokers has named Sanjay Mehta senior vice president. Mehta works out of the Irvine, Calif., office. He has more than 20 years of experience in the industry and was most recently at McGriff Insurance Services, and …

Arthur J. Gallagher Acquires Cunnington & Associates in Idaho

Arthur J. Gallagher & Co. has acquired Meridian, Idaho-based Cunnington & Associates Inc. Greg and Nick Cunnington and their associates will continue to operate from their current location under the direction of Jim Buckley, head of Gallagher’s Northwest region retail …

Insurtech MGA Delos, Canopius to Offer Wildfire Protection Coverage in California

Delos Insurance Solutions, a property insurtech managing general agent (MGA), has created a new insurance product with Canopius US Insurance designed to improve the homeowners insurance options for those living in wildfire regions in California and across the United States. …

Tennessee Refunds $2.2M to Insurance Consumers So Far in 2020

Tennessee consumers have been repaid over $2.2 million so far in 2020 through mediation efforts by the Tennessee Department of Commerce & Insurance’s (TDCI) that resulted in denied claims being overturned for policyholders, the department said in a statement. The …

Canada’s Supreme Court Allows Class Action Seeking Employee Status for Uber Drivers

OTTAWA— Canada’s Supreme Court on Friday ruled in favor of a driver in a gig economy case that paves the way for a class action suit calling for Uber Technologies Inc. to recognize drivers in Canada as company employees. UberEats …

Actors Union Asks Disney to Delay Reopening Florida Parks

A day after Disney said it would delay reopening its California theme parks, the union representing actors at Walt Disney World said Thursday that the company should also postpone welcoming back guests at its Florida parks which are scheduled to …

North Carolina Gyms, Bars Unable to Reopen as COVID-19 Veto Stays in Place

The North Carolina General Assembly failed on Wednesday to override Democratic Gov. Roy Cooper’s veto of a measure that would have allowed gyms and bars to open again despite his executive order keeping them closed due to COVID-19. Republicans in …

California Approves First-in-U.S. Electric Truck Sales Rule

California regulators approved new rules on June 25 that would force automakers to sell more electric work trucks and delivery vans, a first-of-its-kind rule aimed at helping the nation’s most populous state clean up its worst-in-the-nation air quality. The rules …

Tennessee Department of Insurance Taps Fortman as Captive Director

The Tennessee Department of Commerce & Insurance (TDCI) has hired Belinda Fortman as Captive Insurance Section director. Captive insurance is an option for companies to self-insure certain aspects of their business. The captive insurance sector has an estimated economic impact …

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