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Downtown Los Angeles High Rise Developer to Pay $400K for Blaze

The owner of a huge apartment complex that went up in flames in downtown Los Angeles will pay the city $400,000 to settle a $20 million lawsuit. The Los Angeles Daily News reported the City Council this week approved a …

Families of Victims Pack Court to See Man Charged in Deadly Oakland Warehouse Fire

Families of some of the dozens of people who were killed in an Oakland warehouse fire attended a court hearing for a man charged with 36 counts of involuntary manslaughter in the fire. Victims lined up to see suspect Derick …

Goldberg Joins Ryan Specialty Group’s Sapphire Blue in Chicago

Ryan Specialty Group (RSG) announced that Debra Goldberg has joined RSG’s managing general underwriting company, Sapphire Blue, as chief underwriting officer. Goldberg is based at Sapphire Blue’s headquarters in Chicago. Prior to joining Sapphire Blue, Goldberg was the managing director …

Former Washington Insurance Agent Charged in Theft of Clients’ Money

A former insurance agent in Washington has been charged with stealing premiums from his clients. Levi Watson, 44, of Bothell, Wash., faces one count of first-degree theft and one count of money laundering, both felonies. Watson was licensed to sell …

Henningsen Named President of Lockton’s P/C Insurance Operation in Houston

Kansas City-based insurance broker, Lockton, has namedJeff Henningsenas president of its Houston Property & Casualty Insurance Operation. Henningsen will take on an expanded leadership role in business development for the team that provides risk management advice and insurance brokerage services. …

Higginbotham Adds 2 Insurance Brokers in McAllen, Texas Office

Higginbotham has hired insurance brokers John Garcia and Jordan Lewis in its McAllen, Texas, office. Garcia was added as an associate of employee benefits and Lewis as an associate of business insurance. They join the office’s four existing brokers and …

Arkansas City, County Included in Duggar Family Privacy Suits

Reality TV personality Josh Duggar faced “unwarranted public scrutiny” after a magazine disclosed that sisters told police they had been molested by him years earlier, lawyers for Duggar said in a complaint in which he seeks to join his sisters’ …

Corporate Venture Arm of CNP Assurance Leads Investment in Blockchain Startup

U.S. exchange group Nasdaq Inc has joined a 7 million-euro ($7.9 million) investment round in Stratumn, which helps companies develop applications using blockchain technology, the Paris-based startup said on Thursday [June 8]. The investment was led by Open CNP, the …

One More Oklahoma County Gets Post-Storm Disaster Aid

Federal disaster assistance is now available for some businesses and homeowners in Oklahoma’s Beckham County who had property losses as a result of severe weather last month. Gov. Mary Fallin said that the U.S. Small Business Administration is providing low-interest …

AmTrust Sells Shares in National General Holdings for $212 Million

AmTrust Financial Services Inc. said it has agreed to sell shares it owns in National General Holdings Corp. for approximately $211.7 million. AmTrust has agreed to sell 10,586,000 common shares of NGHC at a price of $20.00 per share (representing …

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