Southeast News

People Moves: Hylant Names Reyes Risk Leader and Adds NC Benefits Team Members

Hylant, one of the larger privately held insurance brokers in the country, has made a number of personnel changes in recent weeks. Alejandro Reyes will lead Ohio-based Hylant’s business risk consulting teams, which help clients manage operational risks, the company …

Assumable Mortgages Could Save Buyers Thousands in Interest, Startup Says

A New York startup company said it is now offering a platform that will make it easier for homebuyers to assume a mortgage from the seller, potentially saving buyers significantly over current interest rates. Roam, as it’s known, launched last …

When Policies Conflict, Insurers Must Split Costs, Appeals Court Finds in Georgia Case

When the wording of insurance policies conflict with each other and can’t be reconciled, insurers must share defense expenses, a federal appeals court said in a case that stemmed from lawsuits against school personnel. “The district court concluded that the …

People Moves: Dimura Named Director of Pharmacy for Alliant

Alliant Insurance Services has named Jennifer Dimura executive vice president and national director of pharmacy for its employee benefits group, based in Charlotte, North Carolina. Dimura, who was previously vice president and director of pharmacy solutions at a global insurance …

Mississippi Jury Finds Officers Justified in 2017 Wrong-House Shooting

OXFORD, Miss. (AP) — A Mississippi jury has rejected a civil lawsuit seeking money damages from two police officers who fatally shot a man while serving a warrant at the wrong house. A federal court jury in Oxford on Thursday …

AM Best Revises Outlook for Georgia Farm Bureau Companies

The AM Best financial rating firm has slightly downgraded the credit rating outlook for two Farm Bureau companies after weather losses and a rise in reinsurance costs and inflation. The financial strength rating remained at “B++ (Good)” for Georgia Farm …

NC City Denies Christmas Parade Permit After Girl’s Death Last Year

RALEIGH, N.C. (AP) — Officials in North Carolina have denied a permit for a Christmas parade after a truck towing a float struck and killed a girl during last year’s event. The city of Raleigh announced Thursday that it denied …

South Carolina Bars, Eateries Closing Down for Lack of Affordable Liability Coverage

Wanted in South Carolina: $1 million in liquor liability coverage at an affordable premium to prevent closure of establishment. That’s the type of advertisement one can imagine bars and bistros across the Palmetto State running this fall, as the full …

Trial Begins in Lawsuit vs. Florida Hospital in Case Made Famous by Netflix ‘Maya’ Doc

The trial in a liability lawsuit against a Florida hospital, a story featured in a Netflix documentary, began this week, bringing new attention to health care providers’ responsibilities in complex cases involving minors. The long-delayed trial in Venice, Florida, will …

Federal Home Loan System Neglects the Buyers Who Need It Most, Analysis Finds

(Bloomberg) — The tiny town of Drew, Mississippi, has been left behind by the modern economy. Most businesses along its lone main street are shuttered, so it’s hard to buy a cup of coffee or groceries. Stray dogs zigzag through …

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