News

HUB International Acquires Wisconsin’s Stellarus Benefits

Global insurance brokerage Hub International Limited (Hub) has acquired the assets of Wisconsin-based Stellarus Benefits Inc. (Stellarus). Terms of the acquisition were not disclosed. With offices in Brookfield and Appleton, Wisconsin, Stellarus specializes in employee benefits. Stellarus President Christy Schwan …

Florida ‘Dodged a Cannon’ as Irma Swerved and Weakened

Florida is drenched, tattered — but fortunate. Hurricane Irma weakened as it moved past Tampa on Monday, leaving in its wake a state that avoided the worst predictions of its destruction by sea and storm. By one estimate, the cost …

Countless Flooded Autos Leave Car-Dependent Houston Struggling

Bryan Harvey is frequently reminded that he shares a name with the storm that dumped 50 inches of rain on metropolitan Houston and unleashed the floods that have him working 14-hour days towing water-logged cars. Even in their despair, some …

Some Auto Insurers Illegally Charge Michigan Women More, Researcher Says

A group defending Michigan’s auto insurance system says it has uncovered instances of insurers illegally selling more expensive policies to women and widowed drivers, raising questions about state oversight of rating practices as the industry pushes lawmakers to contain high …

Wisconsin Schools Sports Association Offering Concussion Insurance

Wisconsin is among a handful of states that are covering student athlete concussions with a new insurance policy from the state’s regulatory body for all high school sports. The Wisconsin Interscholastic Athletic Association will have access to concussion insurance free …

Louisiana’s LCTA Acquires Risk Management Resources, Creates Specialty Insurer

Baton Rouge, Louisiana-based workers’ compensation insurance provider, LCTA Workers’ Comp (LCTA), has acquired Risk Management Resources and created a new subsidiary, LCTA Specialty Insurance Co. Risk Management Resources, which provides independent risk management consulting services to corporations and public entities, …

Chubb Picks France for Post-Brexit European Headquarters If UK Exits EU

Chubb Limited intends to relocate its European Union headquarters to France if the United Kingdom leaves the EU as expected in March 2019. The insurer said the decision to choose France as Chubb’s preferred post-Brexit headquarters for its Continental European …

Court Blocks Seattle Law Enabling Rideshare Drivers to Unionize

A federal appeals court has temporarily blocked Seattle’s first-in-the-nation law allowing drivers of ride-hailing companies such as Uber and Lyft to unionize over pay and working conditions. A three-judge panel of the 9th U.S. Circuit Court of Appeals said it …

AXIS Adds Tom to Help Grow U.S. West Coast Renewable Energy

AXIS Insurance has named Christina Tom as vice president and renewable energy underwriter. She will be based out of AXIS’ San Francisco office Tom joins AXIS Insurance’s global renewable energy team, where she will be responsible for leading its U.S. …

New Mexico Sues 8 Drug Manufacturers, Distributors over Opioid Epidemic

New Mexico has sued eight opioid manufacturers and wholesale distributors, becoming the latest state or local government to file a lawsuit seeking to hold corporations accountable for a national drug addiction epidemic. New Mexico Attorney General Hector Balderas accused Purdue …

News Archives by Month