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News – Insurance Journal
Malaysia’s Malene Insurance Brokers Renamed Howden Takaful Brokers
Howden, the London-based international insurance broker, announced that further to its merger with Malene Insurance Brokers in February 2019, Malene will operate as Howden Takaful Brokers, a fully dedicated Takaful specialist. Howden Takaful Brokers’ team of 30 specialists offers bespoke …
POSTED DECEMBER 08, 2021 12:26 PM |
BRP Group Acquires Texas-Based Arcana
BRP Group, Inc. announced that Millennial Specialty Insurance, LLC, an indirect subsidiary of BRP Group, has acquired substantially all of the assets of Arcana Insurance Services, LP , a Dallas, Texas-based national insurance agency and program administrator, focused on better …
POSTED DECEMBER 08, 2021 8:28 AM |
Iowa to Pay $1.9 Million to Settle Religious, Speech Rights Cases
A state panel agreed Monday to spend nearly $2 million to settle two federal lawsuits brought against the University of Iowa in 2017 after a religious group denied a gay student a leadership role. The Iowa State Appeal Board, made …
POSTED DECEMBER 08, 2021 6:39 AM |
Injury is Compensable When It’s an ‘Accident,’ Carolina Appeals Court Rules
A nurse who injured herself while trying to move a 350-pound patient is owed workers’ compensation benefits, the North Carolina Court of Appeals decided in an opinion posted Tuesday. That may seem like an obvious conclusion to some, given the …
POSTED DECEMBER 08, 2021 6:20 AM |
Buckle, Amwins form MGA to Offer Auto to Gig Workers
Buckle, a technology-based financial services company, has entered into a managing general agency agreement with Amwins Specialty Auto to place non-standard automobile insurance for gig workers in Florida. Gateway Insurance will be the admitted carrier, Buckle said in a news …
POSTED DECEMBER 08, 2021 6:18 AM |
Florida Jury Awards $50 Million in Bitcoin Trial; Defense Calls it a Big Win
Craig Wright, a computer scientist who claims to be the inventor of Bitcoin, prevailed in a civil trial verdict Monday against the family of a deceased business partner, which claimed it was owed half of a cryptocurrency fortune worth tens …
POSTED DECEMBER 08, 2021 6:05 AM |
How Big Tech Is Faring in U.S. Lawsuits and Probes
Big Tech platforms Meta Platforms Inc, formerly known as Facebook, and Google have been hit with a series of antitrust lawsuits by the U.S. federal government and states on charges they are operating monopolies and abusing their power. Below is …
POSTED DECEMBER 08, 2021 6:00 AM |
Arthur J. Gallagher to Pay $40K to Settle Colorado Religious Discrimination Suit
Arthur J. Gallagher & Co. will pay $40,000 to settle an employment discrimination lawsuit brought by the U.S. Equal Employment Opportunity Commission. The EEOC charged that Arthur J. Gallagher violated federal anti-discrimination laws when it fired a client underwriting associate …
POSTED DECEMBER 08, 2021 12:37 AM |
BE Group Takes Fresh Look at Buying $10 Billion Insurer Ageas
BE Group, an investor group fronted by former financial services dealmakers, is exploring the feasibility of a fresh pursuit of Belgian insurer Ageas after a previous attempt was rebuffed, people familiar with the matter said. The consortium has been speaking …
POSTED DECEMBER 07, 2021 7:30 PM |
Parents of Indiana Girl Sue City After She Drowns in Pool
The parents of a 5-year-old girl who drowned last summer in a southwest Indiana city’s swimming pool are suing the city and the child’s foster parent, accusing them of negligence in her death. The lawsuit filed Dec. 3 in Gibson …
POSTED DECEMBER 07, 2021 5:48 PM |
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