December 21, 2016
The Tennessee Department of Commerce and Insurance (TDCI) has joined the Multilateral Memorandum of Understanding (MMoU), an international supervisory cooperation and information exchange agreement. The MMoU is part of the International Association of Insurance Supervisors (IAIS), a global standard-setting body …
December 20, 2016
The parties who have a potential legal claim in the fatal collapse of a building in downtown Sioux Falls, S.D., have had a final opportunity to inspect the ruins before crews start removing critical pieces of the building. Lawyers and …
December 20, 2016
The Ohio Supreme Court has ruled that an injured worker may not receive permanent partial disability compensation when that worker is receiving permanent total disability payments for the same claim. The Dec. 8 ruling came in State ex rel. Ohio …
December 20, 2016
Fort Worth-based independent insurance broker, Higginbotham, and Insurance Associates of the Southwest (IAS) have merged their operations in Houston. IAS is an independent broker with 38 commercial, personal, life, health and employee benefit professionals in its Energy Corridor office neighboring …
December 20, 2016
The Independent Insurance Agents of Austin and the Texas Surplus Lines Association Inc. joined efforts in December to collect food and money for the Capital Area Food Bank located in Austin. Food and money were collected at the IIAA Christmas …
December 20, 2016
Arthur J. Gallagher & Co. has acquired National Ethics Bureau Inc. in Carlsbad, Calif. Terms of the deal were not disclosed. Japheth Smellie and his team will continue to operate from their Southern California location under the direction of Kevin …
December 20, 2016
Acrisure LLC has acquired Alaska USA Insurance Brokers’ commercial insurance and employee benefits books of business. Terms of the deal were not disclosed. The new company will operate under the name Insurance Brokers of Alaska. All commercial lines and employee …
December 20, 2016
Enstar Group Ltd. has launched KaylaRe Ltd., a Bermuda-based Class 4 reinsurer, offering a diversified range of specialty reinsurance to the global insurance market. KaylaRe launches with initial capital of $620 million, backed by a $300 million investment from Enstar; …
December 20, 2016
New Orleans Mayor Mitch Landrieu announced the settlement of three federal civil rights lawsuits stemming from city police actions related to Hurricane Katrina. Landrieu joined city officials and the families of James Brissette, Henry Glover, Ronald Madison, and Raymond Robair …
December 20, 2016
The number of work-related fatalities in Minnesota last year was up 12 percent from the recent five-year average. The state Department of Labor and Industry says there were 74 work-related fatalities in 2015, up from 62 the previous year and …