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Risk Strategies Acquires Pennsylvania’s Dash & Love

Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired Dash & Love Inc., a full-service specialty brokerage based just outside of Philadelphia. Terms of the deal were not announced. Founded in 1930, Dash & Love …

How Specialty Carriers Approach Product Innovation: Research, Repeat and Reuse

“The industry really does look to specialty writers to be at the forefront of innovation,” says Gail McGiffin. Specialty insurance carriers have a unique “toolset” that helps them grow through innovation. This toolset includes their flexibility to write for both …

Blending Generations: Why Millennials, and the Industry, Must Bridge the Gap

Workplaces everywhere are becoming more flexible. People now work irregular hours, work from home, work out of state and even across oceans. This phenomenon is no surprise given the influx of new technology. The large number of millennials in the …

Hemp and CBD Remain Risky Businesses in Uncertain Legal and Gig Climate

Executives at Kirby Co.’s home office noticed an odd trend: Its door-to-door vacuum-cleaner salespeople were increasingly involved in the same side gig — pitching CBD oil. Kirby, whose parent company is owned by Warren Buffett’s Berkshire Hathaway Inc., didn’t like …

Study: 94.1% Approval Rate for California Workers’ Comp Treatment Services

A new study shows that following the adoption of recent changes to streamline the California workers’ compensation medical review and approval process, 94.1% of medical services performed or requested for California injured workers were either approved or approved with modifications. …

Capital in California Names Doll Senior Vice President, Chief Operation Officer

Monterey, Calif.-based Capital Insurance Group has named Andrew Doll senior vice president and chief operating officer. He will continue to manage the insurance operations teams, as well as all other corporate departments. Doll joined CIG in 2014 as chief actuary. …

XPT Group Acquires Sierra Specialty in California

XPT Group LLC has acquired Sierra Specialty in Fresno, Calif. Sierra Specialty will continue to operate under its brand name. Terms of the deal were not disclosed. Sierra Specialty was founded in 2005 by Kathy Schroeder and Mark Schroeder. It …

SEC Investigating Valic, AIG’s Teacher Retirement Plan Unit, Reports WSJ

The U.S. Securities and Exchange Commission is probing sales and disclosure practices at Valic, a unit of U.S. insurer American International Group Inc, the Wall Street Journal reported on Tuesday, citing sources familiar with the matter. The inquiry centers on …

Men Charged with Stealing New Tractors Worth $80K from Louisiana Business

Two men have been charged with stealing two new tractors from a Many, La., business. The estimated value of both tractors is $80,000. Stephan Morton, (38) of Shreveport, La., and Michael Bayonne (41) of Alexandria, La., are charged with felony …

Ohio’s AmVenture Insurance Agency Changes Name to Suracy Insurance Agency

AmVenture Insurance Agency Inc. (AmVenture) has changed its company name to Suracy Insurance Agency Inc. (Suracy). Suracy is located in Solon, Ohio. This name change marks the last stage in the company’s launch as an independent insurance agency after separating …

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