News

Risk Strategies Acquires Advanced Insurance Underwriters in Florida

Risk Strategies Company, a privately held, national insurance brokerage and risk management firm, has acquired business insurance specialist Advanced Insurance Underwriters (AIU), headquartered in Hollywood, Fla. Terms of the deal were not announced. AIU specializes in commercial property & casualty …

Beecher Carlson Promotes Lynch to President, Global Energy Practice in Atlanta

Beecher Carlson Insurance Services, LLC, a specialized large account insurance broker, has promoted Erin Lynch to president of its Global Energy Practice. Lynch will lead the production and service teams that specialize in risk financing for power generation clients. Beecher …

Texas Surplus Office Projects 2016 Increase in Premium, Filings

Projections show that the Surplus Lines Stamping Office of Texas is on track to surpass fourth quarter premium totals set in the past two years, according to data prepared by the office. The amount of surplus lines filings with SLTX …

Texas Grocery Chain Recalls Raw Shelled Pistachios

The H-E-B grocery store chain has recalled some bulk and packaged raw shelled pistachios. San Antonio-based H-E-B said this week there’s a potential that the pistachios could be contaminated with salmonella. There are no reports of anyone getting sick. The …

University in Ohio Agrees to Settle Student’s Sex Discrimination Suit

The University of Cincinnati has settled a federal lawsuit filed by a student who said she was told she had to sit and work with other female students and not with male students in a physics lab. U.S. District Judge …

Chicago Man Sues McDonald’s Arguing ‘Value Meal’ Is No Deal

A suburban Chicago man is suing McDonald’s restaurants in two Illinois counties, arguing cheeseburger “Extra Value Meals” are actually more expensive than when the items are purchased separately. James Gertie of Des Plaines tells The (Arlington Heights) Daily Herald that …

State Regulation Report Card: R Street Grades Them from Best to Worst

For the second year in a row, Vermont has been graded at the top of the class as having the best insurance regulatory system, while North Carolina has again been graded as having the worst, according to the fifth edition …

South Central Regulation Report Card: Texas’ Grade Rises, Arkansas’ Drops

No South Central state had the best score and none had the worst in a report recently released by a conservative-leaning research organization that annually assesses the effectiveness states’ insurance regulatory systems. Grades assigned to the insurance regulatory systems in …

Midwest Regulation Report Card: States’ Grades Range from A to D

Grades assigned to the insurance regulatory systems in the Midwest states of Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota and Wisconsin range from A to D in a report recently released by a conservative-leaning …

Southeast Regulation Report Card: North Carolina Flunks; Florida, South Carolina Dispute Grades

North Carolina ranks the worst of all 50 states when it comes to insurance regulation, according to a 2016 insurance regulation report card by an insurance industry think tank. The R Street Institute’s 2016 Insurance Regulation Report Card scores state …

News Archives by Month