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Crew Member Fell Asleep on Trawler That Crashed on Maine Rocks, Owner Says

A crew member fell asleep with a 55-foot trawler operating on autopilot before it crashed onto rocks on the Maine coast last weekend, the fishing vessel’s owner said. The four crew members aboard the Tara Lynn II were rescued. But …

New Jersey Expands Workers’ Compensation for First Responders

New Jersey Gov. Phil Murphy recently signed into law a change in workers’ compensation coverage for volunteer and professional public safety and law enforcement personnel. The new law (A-5909/S-4267) amends current workers’ compensation law to add that a response to …

Pennsylvania Slashes Insurance Licensing Fees, Speeds Up Application Reviews

The Pennsylvania Insurance Department (PID) announced the removal of certain fees associated with insurance licensing forms and faster review times for pending applications. “Accelerating our review time for pending license applications and removing unnecessary fees will help PID better serve …

Natural Disaster Protection Gap Returned to ‘Average Levels’ in 2023

Global insured losses from natural catastrophes totaled $118 billion in 2023, according to Aon’s annual Climate and Catastrophe Insight report. That number represented 31% of the total economic loss caused by 398 global natural disaster events. While 2022 saw the …

ALKEME Acquires Texas-Based Mogul Wealth Strategies

ALKEME announced the acquisition of Mogul Wealth Strategies, a multi-line independent insurance agency and wealth management firm located in Frisco, Texas and serving the entire United States. Founded in 1996, Mogul Wealth Strategies has been serving businesses and high-net-worth individuals …

Grand Jury Indicts Baldwin in Fatal Shooting of Cinematographer on New Mexico Set

A grand jury indicted Alec Baldwin on an involuntary manslaughter charge in a 2021 fatal shooting during a rehearsal on a movie set in New Mexico, reviving a dormant case against the actor. Special prosecutors brought the case before a …

Inszone Acquires Kansas’ American Heritage Agency

Inszone Insurance Services announced the acquisition of American Heritage Agency, Inc., a well-established insurance agency that has been serving the Hays community in Kansas since 1999. This marks Inszone’s entry into the Kansas market. American Heritage Agency, Inc. has been …

California May Face Major Flooding From Jan. 30: Weather Watch

The odds are rising that California and the West will be struck by a plume of moisture known as an atmospheric river from Jan. 30 to Feb. 3, the US Climate Prediction Center said in a social media post. The …

Young Risk Professionals Expands National Leadership Team with New Board Members

As Young Risk Professionals looks towards continued growth in 2024, the networking organization has announced the appointment of Taylor Jones, Michelle Khajeh, and Holly Ragsdale as board members to the national leadership team. These elections reflect the organization’s commitment to …

People Moves: Wallace & Turner Names Leventhal Director of Operations & Business Development

Wallace & Turner, Inc., headquartered in Springfield, Ohio, named Mary Jo Leventhal director of operations and business development. Leventhal has more than 25 years of experience in the insurance industry. Before joining Wallace & Turner, she was a commercial lines …

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