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California Commissioner Announces FAIR Plan Modernization Deal California Insurance Commissioner Ricardo Lara said on Friday that he and the California Fair Plan have agreed to establishing a new high value commercial coverage option with limits up to $20 million per building and other steps that he said …
POSTED JULY 26, 2024 6:32 PM |
Business Moves: NFP, Clear Group, and Strategic Risk Group Complete 4 Acquisitions Three brokers – NFP, Clear Group, and Strategic Risk Group – each announced acquisitions during July. In reverse chronological order, the acquisitions are listed as follows: NFP, the New York-based insurance broker and Aon subsidiary, announced on July 24 that …
POSTED JULY 26, 2024 4:27 PM |
Paris Trains Hit By Sabotage Hours Before Olympics Kick Off Trains to and from Paris, including the international Eurostar service, were hit by what authorities called a “massive attack aimed at paralyzing the network” of France’s super-fast trains just hours ahead of the inauguration ceremony of the 2024 Olympic Games. …
POSTED JULY 26, 2024 3:00 PM |
J&J Loses Latest Legal Bid to Revive Talc Bankruptcy Strategy Johnson & Johnson lost its bid in a federal appeals court to revive a plan to settle tens of thousands of talc cancer lawsuits by placing a subsidiary into bankruptcy. The ruling Thursday upheld a bankruptcy judge’s dismissal last year …
POSTED JULY 26, 2024 2:55 PM |
ALKEME Acquires Georgia’s Morris & Templeton Agency ALKEME, a national insurance broker, has acquired Morris & Templeton in Savannah, Georgia, expanding ALKEME’s footprint in the Southeast. Morris & Templeton was founded in 1981, offering commercial and personal insurance coverage, including high-end homeowners products. It has offices in …
POSTED JULY 26, 2024 2:52 PM |
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