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People Moves: Watkins Insurance Group Appoints of Two Shareholders
Watkins Insurance Group Appoints of Two Shareholders Watkins Insurance Group has announced the appointment of Joe Guyton and John Aoueille as two new shareholders. With over a decade of commitment to the agency, Guyton and Aoueille have demonstrated their expertise …
POSTED MARCH 28, 2023 4:55 PM |
Death Row Minister Files $10M Defamation Suit Against Oklahoma Corrections Agency
OKLAHOMA CITY (AP) – A death row minister who was inside the execution chamber during Oklahoma’s last lethal injection sued the Department of Corrections for $10 million on Friday, alleging the agency and its spokesman defamed him in a statement …
POSTED MARCH 28, 2023 4:36 PM |
Fire Damages Ohio Complex Housing Wright Brothers Plane Factory
DAYTON, Ohio (AP) – An early morning fire damaged a commercial building complex housing a historic factory founded by the Wright Brothers in Ohio on Sunday, authorities said. Dayton fire crews were sent to the site just before 2:30 a.m. …
POSTED MARCH 28, 2023 4:30 PM |
Train Derails in Rural North Dakota, Spills Chemical
WYNDMERE, N.D. (AP) – A Canadian Pacific train derailed in rural North Dakota Sunday night and spilled hazardous materials, but local authorities and the railroad said there is no threat to public safety. There were no injuries and no fire …
POSTED MARCH 28, 2023 4:27 PM |
St. Louis Sues Hyundai, Kia Over Car Thefts
The city of St. Louis, Missouri, said on Monday it was joining a number of major U.S. cities that are suing Korean automakers Hyundai Motor 005380.KS and Kia Corp 000270.KS for failing to install anti-theft technology in millions of their …
POSTED MARCH 28, 2023 4:25 PM |
Georgia Lawmakers Approve Lower Uninsured Motorist Coverage for Ride Sharing
The Georgia General Assembly on Monday approved a bill that would require lower minimum amounts of uninsured motorist coverage for ride-sharing and taxi companies. But a measure that would mandate premium discounts for property owners who fortify their homes against …
POSTED MARCH 28, 2023 4:15 PM |
Boy Scouts of America Bankruptcy Plan Upheld Despite Insurers’ Objections
A federal judge on March 28 denied an appeal, largely made by insurers, to strike down the Boy Scouts of America’s nearly $2.5 billion reorganization plan approved last year to allow the organization to settle tens of thousands of sexual …
POSTED MARCH 28, 2023 4:02 PM |
World Insurance Acquires Finger Lakes Partners Insurance
National insurance broker World Insurance Associates has acquired the business of Finger Lakes Partners Insurance Services Inc. of Geneva, New York. Finger Lakes was formed in 2007 with the merger of Chacchia & Parrott and Henry Shepard Smith. In addition …
POSTED MARCH 28, 2023 3:59 PM |
Private Equity Investor AnaCap Sells Minority Stake in German Broker MRH Trowe
AnaCap Financial Partners, a London-based private equity investor, announced the sale of a minority stake in portfolio company MRH Trowe, a German owner-managed commercial lines insurance broker. AnaCap and MRHT’s founding managers have signed an agreement to sell a minority …
POSTED MARCH 28, 2023 3:51 PM |
North Carolina’s First Citizens Bank to Acquire Most of Collapsed Silicon Valley Bank
North Carolina-based First Citizens Bank, which also offers property and other types of insurance, will acquire much of Silicon Valley Bank, the tech-focused financial institution that collapsed this month, setting off a chain reaction that caused a second bank to …
POSTED MARCH 28, 2023 2:49 PM |
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