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News Archives - Insurance Journal
People Moves: Liberty Mutual Names Orloff President, Global Risk Solutions N.A.
Liberty Mutual Insurance, headquartered in Boston, named Marc Orloff as president of Global Risk Solutions (GRS) North America, effective Jan. 1. Orloff will lead GRS North America’s financial and operational performance, which includes commercial and specialty businesses in the U.S., …
POSTED DECEMBER 03, 2024 4:56 PM |
Arthur J. Gallagher & Co. Acquires Brokerages in Canada and Australia
Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-headquartered insurance brokerage, risk management and consulting services firm, announced the acquisition of a Canadian and Australian insurance brokerages. In Canada, Gallagher purchased Sault Ste. Marie, Ontario-based Dawson & Keenan Insurance Ltd. …
POSTED DECEMBER 03, 2024 4:37 PM |
GM to Sell Stake in Michigan EV Battery Plant to LG Energy
General Motors Co. is selling its stake in an electric-vehicle battery plant in Lansing, Michigan, to South Korean partner LG Energy Solution, recouping about $1 billion in investment from a facility that will still supply energy cells to the automaker’s …
POSTED DECEMBER 03, 2024 3:52 PM |
Oklahoma Farm Fined $72K for Denying Workers Overtime Pay
The U.S. Department of Labor has obtained a consent judgment and injunction to recover $72,000 in back wages and liquidated damages for 20 workers whose Oklahoma employer misapplied the agriculture exemption to retail workers and did not pay overtime to …
POSTED DECEMBER 03, 2024 3:44 PM |
Venture Global LNG Considers Fifth Export Project in Louisiana
Venture Global LNG Inc. is considering building a fifth project on the US Gulf Coast that would put it on track to become the nation’s largest exporter of the fuel, according to a document seen by Bloomberg. The project, named …
POSTED DECEMBER 03, 2024 3:42 PM |
Ohio Manufacturer Faces $255K Fine After Worker Suffers Partial Amputation
The U.S. Department of Labor has cited a Portsmouth, Ohio hardwood floor manufacturer with a long history of federal safety violations after the company reported a 23-year-old worker suffered a partial arm amputation while troubleshooting a rip saw machine at …
POSTED DECEMBER 03, 2024 3:38 PM |
People Moves: Hatchette Named Deputy Insurance Commissioner in Maryland
Joy Y. Hatchette has been named deputy commissioner of the Maryland Insurance Administration (MIA). Acting Maryland Insurance Commissioner Marie Grant announced the appointment of Hatchette, who since 2004, has served as the associate commissioner for consumer education and advocacy. She …
POSTED DECEMBER 03, 2024 3:36 PM |
Trump Team Has Ivy League in Sight as It Gears Up Attacks on DEI
President-elect Donald Trump’s team has asked a key conservative activist to present a plan to slash federal funding for universities that refuse to scrap diversity and equity programs. Christopher Rufo, who played a role in ousting Harvard’s first Black president …
POSTED DECEMBER 03, 2024 3:17 PM |
FEMA Drops Hammer on Fort Myers Beach After Improper Rebuilding in Flood Area
Last spring, the Federal Emergency Management Agency jolted southwest Florida communities – most of which were still recovering from Hurricane Ian in 2022 – when it announced that the areas would lose their community discounts on flood insurance due to …
POSTED DECEMBER 03, 2024 3:07 PM |
People Moves: Ryan Specialty Underwriting Managers Int’l Names Birrell Exec Chair, Montgomery as CEO; Howden Re Taps Aon’s Kroely as MD for Continental Europe
This edition of International People Moves details appointments at Ryan Specialty and Howden Re. A summary of these new hires follows here. Ryan Specialty Underwriting Managers Int’l Names Birrell Exec Chair, Montgomery as CEO Ryan Specialty, the Chicago-based specialty insurance …
POSTED DECEMBER 03, 2024 2:56 PM |
West News Archives - Insurance Journal
California Eyes $25 Million Legal Fight Against Trump Plans
California Gov. Gavin Newsom wants to allocate as much as $25 million to challenge President-elect Donald Trump’s most aggressive policies with a battalion of lawyers. On Monday the state legislature, led by a Democratic supermajority, will convene a special session …
POSTED DECEMBER 03, 2024 6:00 AM |
People Moves: Symphony Risk Names Tobin Director of Dedicated Cannabis Business, Symphony Grow
Symphony Risk Solutions named Corey Tobin director of Symphony Grow, its specialty business focused on the cannabis industry. Tobin has more than 15 years of experience in the cannabis and insurance industries. He most recently served as senior vice president …
POSTED DECEMBER 03, 2024 6:00 AM |
Best Agency to Work For – West Bronze Winner: Heritage Insurance Agency
It’s a family affair at Heritage Insurance Agency and not just because a husband-and-wife team run the firm. Steve Mora, the principal and CEO, who runs the Chico, California-based agency along with his wife Kelly, principal and chief marketing officer, …
POSTED DECEMBER 03, 2024 6:00 AM |
New Mexico Man Gets $412M Medical Malpractice Payout for Botched Injections
Jurors in New Mexico have awarded a man more than $412 million in a medical malpractice case that involved a men’s health clinic that operates in several states. The man’s attorneys celebrated last week’s verdict, saying they are hopeful it …
POSTED DECEMBER 02, 2024 3:33 PM |
Washington Workers’ Comp Premium Going up in 2025
The average cost of workers’ compensation insurance in Washington will go up about 3.8% in 2025, the Washington State Department of Labor & Industries announced. Employers and workers together will pay on average roughly $1 per week more for each …
POSTED DECEMBER 02, 2024 6:00 AM |
Best Agency to Work For – West Silver Winner: CMR Risk & Insurance Services
It’s often easy to put a finger on exactly why someone likes their job, and if there’s more than one thing to like, that says something good about the workplace. But what does it say if there are almost too …
POSTED DECEMBER 02, 2024 6:00 AM |
Leavitt Inland Pacific Merges with Troy Insurance Agency in Idaho
Leavitt Inland Pacific is merging with Troy Insurance Agency in Idaho. Both agencies are locally owned and affiliates of Leavitt Group, a network of insurance brokers. This strategic partnership enables Leavitt Inland Pacific to offer service team support and use …
POSTED NOVEMBER 27, 2024 3:25 PM |
People Moves: LP Insurance Services in Nevada Names Drach IT Director
LP Insurance Services LLC named David Drach director of information technology. His role includes overseeing the IT team and interacting with external IT partners, as well as advising leadership in the development and execution of technology strategies. Drach has more …
POSTED NOVEMBER 27, 2024 6:00 AM |
New Mexico City Reaches $20M Settlement in Death of Woman Shot by Officer
A city in New Mexico has reached a $20 million settlement with the family of a woman who was shot and killed by a police officer now charged with second-degree murder. Teresa Gomez, 45, was fatally shot in October 2023 …
POSTED NOVEMBER 27, 2024 6:00 AM |
Best Agency to Work For – West Gold Winner: Morris & Garritano
Want a simple, yet effective agency management tip for making your employees happy? Treat them like customers. That mindset stood out among comments from employees who nominated Morris & Garritano in Insurance Journal’s 2024 Best Agency to Work For survey. …
POSTED NOVEMBER 26, 2024 6:48 AM |
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