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Brown & Brown Acquiring HAUSER in Ohio
Brown & Brown Inc. has entered into an agreement to acquire the assets of HAUSER in Ohio. The deal is expected to close in September, subject to certain closing conditions. Terms were not disclosed. HAUSER focuses on insurance solutions for …
POSTED AUGUST 10, 2020 5:12 PM |
North Carolina Reports No Damage After Strongest Earthquake Since 1916
Officials say an earthquake – the strongest in more than 100 years – shook much of North Carolina early Sunday, rattling homes, buildings and residents. The National Weather Service in Greenville said the 5.1-magnitude temblor struck at 8:07 a.m., following …
POSTED AUGUST 10, 2020 4:57 PM |
Arizona Wins $22.5M Judgment Against Vaping Firm
Arizona’s attorney general has obtained a $22.5 million judgment against a New Jersey-based vaping company along with a court order permanently barring the company from selling its products in the state. Attorney General Mark Brnovich announced the judgment against Eonsmoke …
POSTED AUGUST 10, 2020 2:57 PM |
Indiana Utility Facing $1.1M Safety Violations Fine
A northern Indiana utility is facing a $1.1 million fine, the largest in state history, after state regulators cited it for natural gas pipeline safety violations and specified that the company cannot pass that cost onto its ratepayers. The Indiana …
POSTED AUGUST 10, 2020 2:54 PM |
Texas Governor Extends Disaster Declaration for COVID-19
Texas Gov. Greg Abbott has extended a statewide disaster declaration he first issued in March to allow the state to better respond to the coronavirus pandemic. “Renewing this Disaster Declaration will provide communities with the resources they need to respond …
POSTED AUGUST 10, 2020 2:51 PM |
Arkansas Health Officials Report 772 New COVID-19 Cases
There are an additional 772 reported coronavirus cases in Arkansas and 14 additional deaths due to COVID-19, the disease caused by the virus, the Arkansas Department of Health reported. The department said there are 48,811 confirmed coronavirus cases and 535 …
POSTED AUGUST 10, 2020 2:49 PM |
Average Commercial Insurance Prices Rose 19% in Q2: Marsh Index
Global average commercial insurance prices increased 19% in the second quarter of 2020, the eleventh straight quarter they have risen. Average price increases were driven principally by increases in property insurance rates and financial and professional lines — as was …
POSTED AUGUST 10, 2020 2:47 PM |
Mother of University of Iowa Student Who Died in Freezing Temps Sues
The mother of an 18-year-old University of Iowa student who froze to death in January 2019 is suing the school for negligence. Michael Belz, of Cedar Rapids, was caught outside of his residence hall on the night of Jan. 29, …
POSTED AUGUST 10, 2020 2:46 PM |
Chubb Names Lupica President, North America; Krump Vice Chair, Global Underwriting, Claims
Global insurer Chubb announced appointments to two new executive positions. Chubb has named John Lupica as president of North America Insurance, the company’s largest division. Lupica is currently vice chairman, Chubb Group, and president, North America Major Accounts and Specialty …
POSTED AUGUST 10, 2020 1:50 PM |
Berkshire Insurance Units Hold Their Own While Pandemic Slams Other Buffett Firms
Berkshire Hathaway Inc. had a tough second quarter with the pandemic taking a toll on most of its operating businesses including Precision Castparts aircraft parts, the BNSF railroad, Occidental Petroleum Corp., Kraft Heinz Co. and retailers including See’s Candies that …
POSTED AUGUST 10, 2020 1:02 PM |
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