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Arbour National Becomes Majority Owner in Southern Trust Insurance

North Carolina-based Arbour National, a privately held insurance holding company, has become majority owner in Southern Trust Insurance and it sister wholesale company, Southern Specialty Underwriters, the firms announced. Terms of the deal were not disclosed in the news release, …

Five Teens Killed in Car That Sank in Florida Pond

Five teenagers were killed when their car ran off a curving street and landed in a southwest Florida retention pond where it went underwater, authorities said. It happened either late Sunday or early Monday, killing everyone inside. The crumpled Kia …

USAA Settles Georgia Class Action on Underpaid Taxes in Auto Claims

A federal judge in Georgia has given preliminary approval to a $2.3 million settlement in a class-action lawsuit that charged USAA Casualty Insurance Co. with underpaying for taxes on totaled vehicles. “The Court finds, subject to the final fairness hearing …

Engineering Report Not Covered in Kidwell AOB Case, Florida Appeals Court Finds

Insurance carriers do not have to pay for an engineering report if it’s not used in the repair of a property and is not covered by the policy, a Florida appeals court ruled Wednesday in a rebuke of one of …

Florida Police: Theft Ring Targeted Luxury Cars Using Fake VINs, Phony Insurance

Florida law enforcement pushed back this week against a nationwide surge in auto thefts, announcing that 23 people were arrested for their alleged participation in a crime ring that forged vehicle identification numbers for stolen luxury vehicles. Arrest warrants have …

Pennsylvania Weighs Expanding Medical Marijuana Access

Pennsylvania state senators began advancing legislation Wednesday that would liberalize the state’s 5-year-old medical marijuana program by expanding the scope of who can buy it and allowing it to be sold in edible form. The three-bill package passed the Senate …

New Jersey Announces $393M Settlement With Manufacturer Over Forever Chemicals

Solvay Specialty Polymers USA, Inc., which bills itself as the industry leader in specialty polymers, has agreed to a settlement with New Jersey officials over cleanup and compensation for the discharge of so-called “forever chemicals” and other pollutants near its …

‘Small Miracle’: How the I-95 Bridge Reopened Just 12 Days After Fiery Collapse

The rapid repair of a key stretch of Interstate 95, two weeks after a fiery crash caused an overpass to collapse, prompted one newspaper in Germany — known for having some of the world’s best roadways — to call the …

Takeaways from Our Conversation on The Science of Cannabis Extraction

You can’t really know much about the cannabis industry without having at least a basic understanding of extraction. It’s a major part of the industry, but you really don’t hear about it being talked about enough. Darwin Millard, chief science …

People Moves: LP Insurance Services Adds Thompson to Southern Nevada Team

LP Insurance Services, LLC, headquartered in Reno, Nev., added Cole Thompson to its Las Vegas commercial lines team. Thompson will work with commercial clients seeking insurance solutions and risk management services. Before joining LP Insurance, Thompson was an agent at …

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