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Grandstaff Joins Florida-Based SUNZ as CFO, Executive Vice President

SUNZ Holdings of Bradenton, Fla., has appointed Michael W. Grandstaff to the position of chief financial officer and executive vice president of SUNZ Holdings, and chief financial officer of SUNZ Insurance Co. Grandstaff will report directly to Steven F. Herrig, …

AIG Executives Hope Meetings Reassure Analysts, Investors

American International Group Inc. executives have been meeting with investors and analysts to build confidence in the insurer and its turnaround plan amid uncertainty over a replacement for outgoing Chief Executive Officer Peter Hancock. Chief Financial Officer Sid Sankaran, commercial …

Uber Halts Autonomous Vehicle Testing After Arizona Accident

Uber Technologies Inc. is suspending its self-driving car program after one of its autonomous vehicles was involved in a high-impact crash in Tempe, Arizona, the latest incident for a company reeling from multiple crises. In a photo posted on Twitter, …

EPIC Acquires The Capacity Group in New Jersey

EPIC Insurance Brokers & Consultants has acquired the Capacity Group of Companies in Mahwah, N.J. Terms of the deal were not disclosed. As part of EPIC, the firm will now operate as The Capacity Group – an EPIC Company, and …

Robots Could Steal 32% of Jobs in UK Financial Services by 2030: PwC

Approximately 32 percent of existing UK jobs in financial services and insurance could be automated by robotics and artificial intelligence (AI) over the next 15 years, according to a new study by PricewaterhouseCoopers. And other industries are even more at …

Florida Homes Threatened by Fast-Moving Brush Fire

Florida Forest Service officials say a 400-acre brush fire has forced the evacuation of a neighborhood and threatened or burned up to 15 homes. Nassau County Emergency Management Director Billy Estop ordered residents of the neighborhood near the Georgia line …

Ohio’s Norman-Spencer Agency Adds Nonprofit Division

Norman-Spencer Agency Inc., based in Dayton, Ohio, has launched a new Nonprofit Division. This division offers three unique insurance programs — food distribution and thrift stores, foundations and grant making, and housing and shelters. Honoring its commitment to communities and …

Amended Iowa Workers’ Comp Overhaul Advanced to Senate

Republicans in the Iowa House passed a bill to overhaul how workers in the state are compensated for on-the-job injuries, though they backed off some key proposals amid internal concern over the extent of the changes. The GOP-majority chamber voted …

Oregon’s 1st Recreational Marijuana Recall Issued after High Pesticide Level

The Oregon Liquor Control Commission issued its first recall of recreational marijuana after samples of a type of pot were found to contain a level of pesticide residue above the state limit. The Blue Magoo marijuana was sold at Buds …

Writer Sues Disney in California over Animated Film ‘Zootopia’

A screenwriter and producer has sued Walt Disney Pictures on claiming the studio copied his ideas to create the Oscar-winning animated film “Zootopia.” Gary L. Goldman, whose credits include work on film adaptations of “Total Recall,” “Minority Report” and “Big …

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