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Toxic Algae Bloom Devastating Florida’s Gulf Coast

Tons of dead fish. A smell so awful you gag with one inhale. Empty beaches, empty roads, empty restaurants. A toxic algae bloom has overrun Florida’s southern Gulf Coast this summer, devastating sea life and driving people from the water. …

Liberty Mutual’s Q2 Profit Jumps on Life Unit Sale, Lower Catastrophe Costs

The sale of a life insurance unit and an easing of catastrophe costs boosted Liberty Mutual Holding Co.’s net income for the second quarter to $981 million, well above the $126 million it saw in the same quarter last year. …

Michigan Insurance Department Creates Insurance Innovation Hotline

Michigan is seeking insurance innovation entrepreneurs and has opened channels to encourage innovator interaction with the state insurance department. The Michigan Department of Insurance and Financial Services (DIFS) announced it has established an insurance innovation hotline and dedicated email address …

Workers’ Comp Insurtech Pie Insurance Raises $11 Million

Pie Insurance, an online seller of workers’ compensation policies to small-and-medium-sized businesses, reported it has completed an $11 million Series A funding round. The company, a full stack managing general agent (MGA) operation, currently offers its online buying process that …

Missouri Voters Reject Attempt to Weaken Labor Unions

The steady march of new “right-to-work” laws in Republican-led states hit a wall in Missouri, where voters resoundingly rejected a measure that could have weakened union finances after national and local labor groups poured millions of dollars into the campaign …

Arkansas, Feds Want Exxon to Pay $1.8M for Oil Spill Damage

State and federal officials are asking Exxon Mobil to pay more than $1.8 million in compensation for a 2013 oil spill in Arkansas. The Arkansas Democrat-Gazette reports that the state Game and Fish Commission proposed the settlement Tuesday. The funds …

El Paso Construction Company Cited for Trenching, Excavation Safety Hazards

Federal safety officials have cited an El Paso, Texas, construction company for failing to protect its employees from trench collapse hazards. El Paso Underground Construction, a pipe-laying company, faces $190,642 penalties proposed by the U.S. Department of Labor’s Occupational Safety …

G2 Insurance Adds Digital Roadside Assistance Platform for High Net Worth Clients

G2 Insurance Services has partnered with Urgent.ly, a global, digital roadside assistance platform, to offer roadside assistance services to G2’s high net worth clients. G2’s Personal Risk Management clients will be assigned a dedicated phone number that will allow access …

Higginbotham Acquires Aviation Specialist, Colt Risk Management

Fort Worth, Texas-based Higginbotham has acquired Colt Risk Management Services (CRMS). CRMS is an independent commercial insurance broker specializing in aviation risk. The CRMS team has moved to Higginbotham’s Friendswood office, giving that location a combined staff of nearly 40 …

Starr Partners with Travel Shield on Canadian Medical Insurance Super Visa

Starr Companies will underwrite a Super Visa Insurance product sold by Travel Shield, a trade name used by Mars Empire Group Inc. The product is designed to meet the medical insurance requirements of the Canadian super visa program. The super …

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