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Trump Administration to Delay Fiduciary Rule by 60 Days

The U.S. Labor Department will delay implementation of its “fiduciary” rule by 60 days while it undertakes a review on whether the rule may hinder Americans’ ability to get access to retirement investment advice, according to a filing in the …

Expect Another Active M&A Year with Tech Gaining Interest, Says Conning

Signs point to 2017 being another year of “robust” mergers and acquisitions, thanks in part to a number of ongoing industry trends and a current government climate that show no sign of letting up, Conning said in a new report. …

Auto-Owners and Concord General Mutual Insurance Affiliation Approved

Auto-Owners Insurance and Concord General Mutual Insurance have announced that their affiliation has been approved, effective April 1, 2017, by policyholders and all regulatory bodies. Auto-Owners is a Lansing, Michigan-based A.M. Best A++ (Superior) rated multi-line property and casualty insurer, …

Starr’s Caporelli Joins Rockhill Environmental Team in California

The Rockhill Insurance Group has named Steve Caporelli to its environmental unit. Caporelli will be based in the San Francisco, Calif. office. Caporelli more than 15 years of underwriting and risk assessment experience. He previously worked at Starr Cos. as …

Claims Manager at Golden Bear in California Addresses Agency Fraud

Beth Ossino, claims manager at Golden Bear Insurance Co. in Stockton, Calif., puts dealing with agency fraud high on her radar. She talked with Insurance Journal about agency fraud, and how agency owners should go about avoiding being involved with …

Beazley Forms ‘Anything Lineslip’ for Hard-To-Place Professional Liability Risks

Beazley has launched the new Anything Lineslip in London offering terms for all U.S. management, professional, cyber and healthcare liability risks. The Anything Lineslip is led by Beazley, supported by a number of other carriers including Antares and ARK 4020 …

U.S. Judge Tosses Lawsuit Over 1968 Mine Blast in West Virginia

A federal judge in West Virginia has tossed out a lawsuit filed by relatives of 78 miners killed in a 1968 mine explosion in the state. The Pittsburgh Post-Gazette reports U.S. District Judge Irene Keeley in Clarksburg ruled Friday that …

West Virginia One Step Closer to Legalizing Medical Marijuana

West Virginia’s House voted Tuesday to legalize doctor-prescribed marijuana to treat certain medical conditions following Senate passage of a similar measure last week. The bills approved 76-24 by the House and 28-6 by the Senate need to be reconciled before …

Florida Launches AOB Resource, Education Webpage for Consumers

The Florida Office of Insurance Regulation (OIR) has launched a new webpage as part of its efforts to educate Florida consumers about the state’s ongoing challenges with assignment of benefits abuse. The AOB resource webpage has been added to the …

Alabama Prepares for Severe Weather

Alabama Gov. Robert Bentley declared a statewide State of Emergency on Tuesday in anticipation of severe weather expected through Alabama on Wednesday. The National Weather Service forecast a significant threat of severe weather to include destructive and long-track tornadoes, hail …

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