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Hub International Acquiring Michigan Employee Benefits Agency

Chicago-based international insurance brokerage Hub International Limited (Hub) has acquired the assets of Marwil & Associates LLC (Marwil & Associates) in Farmington Hills, Michigan. Terms of the acquisition were not disclosed. Marwil & Associates specializes in employee benefits. Bruce Marwil, …

Ohio Man Arrested Over Facebook Page Sues City, Says Free Speech Violated

A man arrested and acquitted of a felony for creating a fake Facebook page that parodied a suburban Cleveland, Ohio, police department is suing the city, saying it violated his right to free speech. Anthony Novak filed suit against the …

Insurtech CoverWallet Secures $18.5 Million to Expand Small Business Insurance Platform

Digital business insurance agency CoverWallet said it has closed a $18.5 million Series B funding round led by Foundation Capital with participation from existing investors Union Square Ventures, Index Ventures, CV Starr and Two Sigma Ventures. The firm uses analytics …

Mass. Nanny Gets 15 Months for Stealing More Than $100K from Employer

A Massachusetts nanny who stole more than $100,000 from her employers has been sentenced to 15 months in federal prison. Prosecutors say 36-year-old Stacy Fortunato was also sentenced Tuesday to three years of probation and ordered to pay full restitution. …

Drought-Ending Rain Built up Fuel to Feed Deadly California Fires

There’s a dark side to the torrent of precipitation that ended California’s long drought earlier this year: Rain and snow pumped life back into bushes, shrubs and grasses and created ideal fuel for infernos. They’ve been raging since Sunday in …

California Fires Pose Grave Risk to Marijuana Growers

For many businesses in northern California, it will take years to rebuild from the wildfires that have decimated the region. For many legal cannabis growers, the destruction could be insurmountable. At least six marijuana farms have been destroyed, said Hezekiah …

Woman’s SUV Struck by Long Island Railroad Train

An off-duty firefighter is being commended after officials say he pulled a woman from her SUV just before the vehicle was struck by an oncoming Long Island Railroad train. The Metropolitan Transportation Authority says the collision occurred Tuesday night in …

Risk Strategies Company Hires Scroope to Manage New England Operations

Risk Strategies Company, a privately held, national insurance brokerage and risk management firm, has hired John Scroope to manage its New England regional operations. Scroope will also lead the company’s corporate headquarters office in Boston, Mass. As an industry veteran …

Gov’t, TEPCO Held Accountable by Japan Court for Fukushima Nuclear Accident

A Japanese court on Tuesday [Oct. 10] ordered the government and the operator of the Fukushima nuclear plant to pay 500 million yen ($4.5 million) to thousands of area residents and evacuees who were demanding compensation for their livelihoods lost …

$36.5 Billion House Disaster Aid Bill Includes Funds for Puerto Rico, Wildfires, Flood Insurance

House lawmakers unveiled a bill Tuesday night that would provide $36.5 billion in emergency funding for hurricane and wildfire relief requested by the Trump administration. With Congress under pressure to provide urgent help to storm victims in Texas, Florida and …

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