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Oklahoma House Fire Kills 4

STROUD, Okla. (AP) – Four people, including two children, were killed in a house fire in Oklahoma, authorities said Saturday. Firefighters were called to the home near Stroud about 1:45 a.m. Friday, Milfay Volunteer Fire Chief Travis Victory told The …

People Moves: Chubb Appoints Camp North America Business Development Leader; Ramsey to Lead NEXT Agent Business

Chubb Appoints Camp North America Business Development Leader Chubb has appointed Annmarie Camp as North America business development leader, part of the company’s North America field operations. Camp has over two decades of insurance industry experience. Since joining Chubb in …

Iowa Agent Charged With Defrauding Elderly Individuals and Insurance Companies

A federal grand jury in Des Moines, Iowa returned an indictment on April 19, 2023, charging a Clive man with seventeen counts of mail and wire fraud, one count of conspiracy to commit mail and wire fraud, and two counts …

Fairfax Financial’s Ratings Unaffected by Move to Buy Gulf Insurance Group: DBRS

Toronto-based Fairfax Financial Holdings Ltd.’s ratings are unaffected following last week’s announcement it has entered into a definitive agreement to acquire an additional 46.32% of Gulf Insurance Group (GIG) from Kuwait Projects Co. (KIPCO), according to DBRS Morningstar, which has …

Fox’s Settlement With Dominion Unlikely to Cost it $787.5M

Fox Corp.’s $787.5 million settlement with Dominion Voting Systems over defamation charges is eye-popping, but the ultimate cost to the media company is likely to be much lower. Fox settled with Dominion over charges that Fox News baselessly accused the …

NC Senators Want Disney to Move North, Amid Company’s Feud with DeSantis

North Carolina lawmakers are hoping to capitalize on Walt Disney World’s feud with the Florida governor, and have introduced a bill that would fund a study and incentives for luring Disney north. Senate Bill 594, titled Mickey’s Freedom Restoration Act, …

Baldwin Charge in New Mexico Movie Set Shooting Dismissed

Prosecutors have formally dismissed an involuntary manslaughter charge against Alec Baldwin in the fatal 2021 shooting of a cinematographer on the set of the Western film “Rust,” citing new evidence and the need for more time to investigate. In a …

California to Meet 100% of Water Requests Thanks to Storms

California will provide 100% of the water requested by cities and farms for the first time in years thanks to winter storms that filled reservoirs and runoff from a record snowpack, regulators announced. The State Water Project will provide full …

W.R. Berkley CEO Says Insurer Isn’t Going to Chase D&O Market ‘Down the Drain’

W.R. Berkley Corp. President and CEO Robert Berkley said the insurer is not going to follow the directors and officers market “down the drain.” During a call with analysts to discuss first quarter earnings, Berkley said the D&O marketplace, especially …

Risk Strategies Acquires JW Surety Bonds of Pennsylvania

National specialty insurance broker Risk Strategies announced its acquisition of JW Surety Bonds, a large volume bond producer, along with sister companies Bryant Surety Bonds, Inc. and Lance Surety Bonds Associates, Inc. Headquartered in Pipersville, Pennsylvania, JW Surety Bonds was …

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