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Brown & Brown Announces Roles Related to Risk Strategies Integration
Brokerage Brown & Brown announced updates to its retail segment leadership team as part of its ongoing integration efforts following the acquisition of Risk Strategies. The leaders from Risk Strategies listed below will join the existing retail segment leadership team …
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Florida Reforms Are Truly Making a Difference, Gallagher Re Report Finds
If Florida’s insurance market needed more indication that 2022 legislative reforms have made a big difference in the cost of doing business in the state, one of the biggest names in reinsurance has provided it. “Clearly, it is time for …
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Georgia High Court Sides with Slave Descendants on Island Zoning Changes
Georgia’s highest court on Tuesday sided with Black landowners in a fight over zoning changes that weakened long-standing protections for one of the South’s last Gullah-Geechee communities founded by freed slaves. The state Supreme Court unanimously reversed a lower court …
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People Moves: California Commissioner Makes COIN Advisory Board, Curriculum Board...
California Insurance Commissioner Ricardo Lara appointed Veronica Saldaña as the newest member of the California Organized Investment Network advisory board and Jason Meyerson to the curriculum board of the California Department of Insurance. COIN was established in 1996 within the …
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People Moves: Protecdiv Promotes DelaCruz to Head of Analytics
Protecdiv Promotes DelaCruz to EVP. Head of Analytics Insurance and reinsurance brokerage Protecdiv, headquartered in Philadelphia, Pennsylvania, promoted Cate DelaCruz to executive vice president and head of analytics at Protecdiv. DelaCruz joined Protecdiv as senior director of analytics in May...
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Agent Allegedly Duped Customer into Agency Investment; Third Time Facing Fraud Charges
For the third time in less that two and one-half years, a western Pennsylvania insurance agent is facing charges regarding fraudulent business practices — this time for deceiving a long-time insurance customer into investing more than $75,000 in his insurance …
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AM Best Revises Outlooks to Negative for Golden Bear
AM Best revised the outlook for Golden Bear Insurance Company from stable to negative, while the ratings agency affirmed the carrier’s Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent). The ratings reflect Stockton, …
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Former Adjuster Charged With Creating Then Approving $190K in Fake Property Claims
A former New Jersey insurance adjuster has been charged with creating and submitting phony claims, approving them himself, and directing nearly $200,000 in payments to bank accounts he controlled. John Philbin, of Clementon, has been charged with insurance fraud and …
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California Police Pulled Over A Waymo for An Illegal U-Turn, But They Couldn’t Cite
Police in Northern California were understandably perplexed when they pulled over a Waymo taxi after it made an illegal U-turn, only to find no driver behind the wheel and therefore, no one to ticket. The San Bruno Police Department wrote …
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Suit Accuses Firearms Group of Using Gun Owners’ Personal Data to Tailor Political Ads
A firearms industry trade and lobbying organization secretly built a database containing the personal information of millions of gun owners and used the data to reach gun rights supporters with political ads dating back to the 2000 elections, according to …