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2 Tornadoes Cause Damage in North Carolina

Two tornadoes have caused damage in coastal North Carolina. The National Weather Service said two tornadoes touched down Saturday afternoon. One tornado hit Emerald Isle and the other hit near Cape Carteret. There were no reported injuries or deaths. The …

J.M. Wilson Announces Promotions, New Hires in Transportation Unit

Managing general agency and surplus lines broker, J.M. Wilson, has made a number of personnel changes in its transportation department with promotions and new hires in the Midwest. Josh Mauk was promoted to senior transportation underwriter in J.M. Wilson’s Carmel, …

Alliant Insurance Services Adds Langley in Houston

Alliant Insurance Services has hired Jeff Langley as a vice president in its Houston office. Langley will provide a full range of risk management and insurance solutions to a diverse client base, further expanding Alliant’s reach and capabilities both in …

Report: Hurricane Harvey Was a Sign of Things to Come, Climate-Wise

Texas should brace for more — and worse — Hurricane Harveys, according to a major scientific report made public on Nov. 23 by the Trump administration. Based on the research of hundreds of government and academic scientists, including several in …

UK Regulator to Punish Financial Services Firms for Failures with Cyber Defenses

Britain’s Financial Conduct Authority will punish firms that are failing to get the basics right on cyber defenses, or whose botched IT projects harm consumers, a senior official at the markets watchdog said on Tuesday. Outages at banks such as …

Hawaii’s Big Island Gets $10M For Lava Recovery

Hawaii is giving a $10 million grant to the Big Island to help jump-start recovery efforts following the Kilauea volcano eruption. The Hawaii County Council adopted a resolution last week to accept the funding, the Hawaii Tribune-Herald reported. The funds …

Report Puts Losses from California Wildfires at $15B to $19B

Total losses from the wildfires in Northern and Southern California could reach from $15 billion to $19 billion, a report out on Tuesday shows. The report from industry data provider CoreLogic shows total losses from the Camp Fire, the most …

Bill to Give PG&E Relief from California Wildfire Burden Nears, But Long-Term Fix Elusive

PG&E Corp., suspected of starting California’s deadliest wildfire, may soon get help from state lawmakers – just not the help it most wants. An assemblyman plans to introduce a bill in January that would give the state’s largest utility owner …

Insurtech MGA Corvus Raises $10 Million to Expand Commercial Lines Business

Corvus Insurance has secured $10 million in new venture financing that the Boston-based insurtech managing general agency plans to use to jump into additional lines of commercial insurance. Two firms led the startup’s Series A financing: .406 Ventures and Hudson …

Vermont Seeking Public Input on Regulating Contractors

Vermont officials are seeking a second round of feedback from the public on a proposal to regulate home improvement and construction contractors. Lauren Hibbert, of the Office of Professional Regulation with the Secretary of State, says the initiative began after …

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