Disabled Workers Paid Less Than Minimum Wage Sue Non-Profit for Wage Theft March 14, 2019 By Josh Eidelson A New Mexico non-profit that’s assembled gift bags for the Oscars and Grammys is facing a class action lawsuit brought...
Risk Strategies Acquires New York City’s Krauter & Company March 14, 2019 Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired Krauter & Company LLC, a specialty...
Rhode Island Horse Insurer Gets Three Years in Prison for $1.3M Fraud Scheme March 14, 2019 A Rhode Island insurance agent who specializes in insuring horses has been sentenced to three years in prison for defrauding...
Insurers Remain Cautious About Marijuana Insurance Market March 14, 2019 The marijuana industry is an opportunity for insurers as more states have legalized the drug. But there are still risks...
Hamilton to Buy Pembroke Managing Agency, Ironshore Europe DAC from Liberty Mutual March 14, 2019 Hamilton Insurance Group Ltd., the Bermuda-based holding company of re/insurance operations in Bermuda and at Lloyd’s, announced it has signed...
Satellites Found 1st Concrete Evidence of Link Between Boeing 737 MAX Crashes March 14, 2019 By Alan Levin The first concrete evidence of a possible link between two deadly Boeing 737 MAX crashes came from space. A new...
Italy’s Generali Beats Targets, Reports 9.4% Rise in Net Profit for 2018 March 14, 2019 Italy’s top insurer Assicurazioni Generali raised its dividend for 2018 after beating its business plan targets and posting growth in...
Oklahoma House Passes Bill to Help Small Businesses Grow March 14, 2019 Legislation that would make the Small Employer Quality Jobs Program more accessible to startup companies and small businesses has passed...
Kronland Promoted to Director, Insurance Lending at Oak Street Funding March 14, 2019 Brad Kronland has been promoted to director of Insurance Lending at Indianapolis-based Oak Street Funding, a First Financial Bank company....
Insurtech Corvus Launches Smart Cyber Excess Insurance with $10M Limit March 14, 2019 Boston-based insurtech company Corvus Insurance has expanded its underwriting appetite for its Smart Cyber Insurance product lines with the launch...