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New Jersey-Based York Risk Services Group Hires Galiano

York Risk Services Group (York), a Parsippany, N.J.-based national provider of claims management, managed care, specialized loss adjusting, alternative risk programs, pool administration and other insurance services, has hired Jason Galiano as vice president of sales for York’s Public Entity …

Willis Towers Watson Completes Purchase of French Aviation Broker, OAAGC

Willis Towers Watson has concluded its negotiations with OAAGC, the French aviation brokerage, and has now completed the acquisition of its team and book of business. Willis Towers Watson said the deal makes it the leading aviation broker in France. …

THG Acquires Group Benefits Division of Massachusetts-Based S&W

The Hilb Group LLC (THG), an insurance agency headquartered in Richmond, Va., has acquired the group benefits division of Massachusetts-based Sapers & Wallack Inc. (S&W). The transaction became effective February 1, 2017. As part of the transaction, the group benefits …

BGC Partners Buys Lloyd’s Broker Besso Insurance

BGC Partners Inc., a London and New York-based broker serving the financial and real estate markets, announced it has completed the acquisition of Besso Insurance Group Ltd., an independent Lloyd’s of London insurance broker specializing in property, casualty, marine, aviation, …

Canada’s Echelon Insurance Gets Danish Regulatory Nod to Sell Europe Unit

Canada-based Echelon Financial Holdings Inc. announced it has received regulatory approval from the Danish Financial Services Authority for the sale of its European operations. This completes the necessary regulatory approvals for the sale, Echelon said, noting that the sale is …

Gallagher Buys Australia’s Ace IRM Insurance Broking Group

Itasca, Ill.-based Arthur J. Gallagher & Co. announced the acquisition of Ace IRM Insurance Broking Group, located in Beenleigh, Queensland, Australia. The terms of the transaction were not disclosed. Founded in 1981, Ace IRM Insurance Broking Group (Ace IRM) is …

Florida Starts Issuing Medical Marijuana ID Cards

Florida health officials who oversee the medical marijuana program have started processing identification card applications for patients and caregivers. The cards, which are issued through the Office of Compassionate Use, are part of regulations passed by the Florida Legislature last …

Alabama Pain Management Doctors Convicted in Pill Mill Case

Two doctors who operated a pain management clinic on the Alabama coast are facing time in federal prison after being convicted of running what authorities describe as a pill mill. Jurors in Mobile returned the verdict Feb. 23 against Drs. …

Federal Appeals Court Rejects Blankenship Appeal Over West Virginia Mine Blast

A federal appeals court has refused to rehear the case of former Massey Energy CEO Don Blankenship in the deadliest U.S. mine disaster in four decades. The 4th U.S. Circuit Court of Appeals handed down the order Friday. In January, …

State Farm Lost $7 Billion on Auto in 2016

State Farm joined the ranks of property/casualty insurers reporting challenges in their auto insurance line of business. State Farm said it lost $7 billion on its auto insurance underwriting in 2016. The State Farm property/casualty (P/C) companies reported an overall …

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