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IIAT Names 2023-24 Board Members

The Independent Insurance Agents of Texas elected board members for the 2023-24 year at its annual business meeting in San Antonio on June 23, 2023. IIAT is the largest state association of independent insurance agents and professionals in the U.S. …

Texas Insurance Agent and Former Elgin Mayor Pleads Guilty to Felony Theft Charge

A Texas insurance who previously served as mayor of Elgin pleaded guilty June 20 to theft of property, a third-degree felony. Christopher Cannon, 38, acquired payments from the company Baker’s Backhoe Services between January 2015 through August 2019 but failed …

Definity’s McDougall Insurance Brokers to Acquire Canada’s Drayden Insurance

McDougall Insurance Brokers Ltd., the Belleville, Ontario-based subsidiary of Definity Financial Corp., announced it has entered into a definitive agreement to acquire 100% of Drayden Insurance Ltd. for C$208 million (US156.9 million), subject to closing and post-closing adjustments. The transaction …

People Moves: Aon Promotes 4 in Global Reinsurance Clients Team; NFP Hires Perkins to Lead N. America Trade Credit & Political Risk Practice

This edition of International People Moves details appointments at brokers Aon and NFP. A summary of these new hires follows here. Aon Promotes 4 in Global Reinsurance Clients Team Insurance broker Aon plc announced a series of promotions in its …

Michigan-Based Auto Quality Control Company Sued for Sex Discrimination and Retaliation

Formel D USA, Inc., an automotive quality control company with locations in Taylor, Michigan and Toledo, Ohio, violated federal law by maintaining a sexually hostile work environment at its Taylor location and retaliating against a female employee who complained of …

Indiana Department of Insurance Launches Site for Reporting Cybersecurity Events

The Indiana Department of Insurance (IDOI) launched a new online form for insurers and entities to cybersecurity events. The online form can be found on IDOI’s website. “If an insurer and/or other licensed entity experiences any cybersecurity event that requires …

Supreme Court Rules in Favor of Anti-Gay Marriage Web Designer

The U.S. Supreme Court on Friday ruled that the constitutional right to free speech allows certain businesses to refuse to provide services for same-sex weddings, ruling in favor of a web designer who cited her Christian beliefs in challenging a …

University of California Files Lawsuit Against Lloyd’s of London Over Refusal to Reimburse Cyber Insurance Costs

The Regents of the University of California sued Lloyd’s of London, arguing the company refused to reimburse the university system for the costs of data breaches covered in a cyber insurance policy. The dispute is over a cyber attack from …

Sexual Assault Laws Inspired by Larry Nassar’s Abuse are Signed by Michigan’s Governor

LANSING, Mich. (AP) – People who are sexually assaulted under the guise of medical treatment in Michigan will be further protected when coming forward, and their abusers will receive stricter punishments under legislation signed Thursday by Gov. Gretchen Whitmer. The …

Report: US Lacks Comprehensive Cybercrime Data

The United States lacks comprehensive cybercrime data and monitoring – leaving the country less prepared to combat cybercrime, according to a June report by the United States Government Accountability office. Federal agencies included in the study noted that there is …

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