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Shofner Joins LP Risk in Texas as Director of Operations

Bryan Shofner has joined Houston-based wholesale insurance broker and managing general agency, LP Risk, as director of operations. Shofner’s previous roles include senior vice president of Marsh McLennan Agency LLC and president and CEO of Shofner & Associates Insurance Agency. …

Cannasure Hires Dharia as Client Service Director in Ohio

Cannasure Insurance Services (Cannasure), an insurance managing general agent (MGA) and wholesale broker for the cannabis and hemp industries, has hired Jay Dharia as client service director in the group’s Cleveland, Ohio, corporate office. Dharia will be responsible for the …

AIG’s Strong Joins Tokio Marine as Business Innovation Officer

Specialty insurer Tokio Marine HCC announced that Shilpa Strong has joined the company as Business Innovation Officer to pursue continued investment in operational efficiencies, customer experience and digital innovation. Strong has 20 years of insurance and reinsurance industry experience including …

Former Iowa Agent Convicted of Insurance Fraud

A former Iowa insurance agent has been convicted of insurance fraud following an insurance fraud investigation by the Iowa Insurance Division’s Fraud Bureau. The division reported that Joy Marie Heldt, age 48, of Madrid, was convicted of Fraudulent Submissions to …

France Fines Google $57M for Breaching EU’s Data Privacy Rules Under GDPR

France’s data protection watchdog fined Alphabet’s Google 50 million euros ($57 million) on Monday [Jan. 21] for breaching European Union online privacy rules, the biggest such penalty levied against a U.S. tech giant. The French regulator said the world’s biggest …

AI-Driven MGA Clearcover Raises $43 Million; American Family Among Backers

American Family Insurance joined a new $43 million financing round for Clearcover, a managing general agent with an artificial intelligence-driven platform focused on car insurance. The Chicago-based insurtech startup said its Series B financing was led by Cox Enterprises. American …

CopperPoint in Arizona Names Rachel Davis-Schultz SVP, Chief Human Resources Officer

Phoenix, Ariz.,-based CopperPoint Insurance Cos. has named Rachel Davis-Schultz senior vice president and chief human resources officer. Rachel has more than 21 years of experience. For the past 10 years, she has been with Express Scripts, a pharmacy benefit manager. …

Bayer Wants California Judge to Limit Evidence in Another Roundup Cancer Trial

Bayer AG unit Monsanto has asked a California judge in the litigation over its glyphosate-based weed killer Roundup allegedly causing cancer to limit evidence by splitting an upcoming trial into two phases, a request previously successful with another judge. Monsanto …

Maryland Family Sues for Up to $20M Over Man’s Death at Delaware Junk Yard

The family of a Maryland man crushed by a van in a Delaware junk yard is suing the business for up to $20 million for gross negligence, wrongful death and other claims. The News Journal of Wilmington reports the family …

New York City’s Global Excess Partners Promotes Cook to VP, Managing Director

Global Excess Partners (GEP), a specialty insurance organization, has promoted Brendan Cook from vice president to vice president and managing director. He reports to Chris Zoidis, corporate executive vice president of H.W. Kaufman Group, the parent company of GEP. In …

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