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Texas-Based ProAg to Acquire Iowa’s International Ag Insurance Solutions

Producers Ag Insurance Group Inc. (ProAg), a member of the Tokio Marine HCC group of companies, has agreed to acquire crop managing general agent, West Des Moines, Iowa-based International Ag Insurance Solutions LLC (International Ag). The transaction, which is subject …

Oswald Cos. Names Sandusky Global Casualty Practice Leader

Oswald Companies, based in Cleveland, Ohio, has appointed Suzanne Sandusky as global casualty practice leader for property/casualty. Sandusky will lead the independent insurance brokerage firm’s national and international casualty strategy. Sandusky has 25 years of experience in designing unique casualty …

Flintstones vs. Jetsons, a Broker Success Story, and How Agencies Can Survive Insurtech

“If we survive the next five to 10 years and improve the way we do things, we can be well-positioned into the future.” James Keating, founder, chairman and CEO of The Keating Group, offered those positive words amid the din …

Magnitude 4.0 Quake and 2 Smaller Temblors Reported in Oklahoma

The U.S. Geological Survey reports a magnitude 4.0 earthquake and two smaller temblors struck Oklahoma on March 22. The larger quake was recorded near Stroud, located about 60 miles northeast of Oklahoma City. Two smaller quakes were also recorded. A …

Reported Dakota Access Pipeline Vandalism Exposes Risk of Sabotage

The developer of the Dakota Access pipeline has reported “recent coordinated physical attacks” on the much-protested line, just as it’s almost ready to carry oil. Texas-based Energy Transfer Partners didn’t give details, but experts say Dakota Access and the rest …

Texas-Based Neiman Marcus to Pay $1.6M in Suit Over 2013 Security Breach

Neiman Marcus Group Ltd. has agreed to pay $1.6 million to settle a class-action lawsuit over a 2013 security breach that exposed the credit and debit card data of about 350,000 shoppers. Court documents show the Dallas-based luxury retailer filed …

Trial Over Oklahoma Jail Inmate’s Death Ends in $10M Jury Verdict

An attorney for the estate of a man who was naked and paralyzed when he died in a cell in the Tulsa County (Oklahoma) Jail’s medical unit hailed a jury’s $10.25 million verdict in a federal civil rights trial. The …

Welder Sparked Massive Kansas Apartment Fire, Official Says

A fire that leveled a multimillion-dollar apartment building under construction and spread to about two dozen homes in suburban Kansas City, Mo., started when a welder accidentally ignited wooden building materials, fire officials said. More than 100 firefighters battled the …

Senator: North Dakota Insurance Fund Won’t Pay Claim in Gambling Case

A state senator from Fargo says the North Dakota Insurance Reserve Fund will not pay a claim from the founder of a former horse racing betting company whose conviction for illegal gambling was overturned. A judge has ruled that Susan …

Bill Requiring Insurance Discounts for Resilient Homes Passes Oklahoma House

A bill that would require a homeowner’s insurance company to factor into the insurance premium the more resilient construction if the homeowner retrofits or builds a new home to certain specified standards has passed the Oklahoma House of Representatives. The …

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