People Moves: Dutcher Joins RMIC as Marketing Representative for Indiana and Michigan
Rockford Mutual Insurance Company (RMIC), headquartered in Rockford, Illinois, appointed Levi Dutcher as marketing representative for the states of Indiana and Michigan. Dutcher, based in Grand Rapids, Michigan, most recently served as senior field territory manager with Farmers Insurance, where …
POSTED APRIL 25, 2025 4:21 PM |
Alabama House Advances Bill to Let Police Enforce Immigration Laws
MONTGOMERY, Ala. (AP) — Alabama lawmakers advanced legislation last week that would allow local law enforcement to enforce immigration law, as conservative legislators push for increased alignment with the federal government’s crackdown on immigration. The bill was dubbed “Laken Riley …
POSTED APRIL 25, 2025 4:18 PM |
Dallas Area Reports First Measles Case, in Middle School Child
A middle schooler in the Dallas-Fort Worth area has tested positive for measles, the first known case in the urban area, a health official from Collin County confirmed. The young person is located in Lucas, about 30 miles north of …
POSTED APRIL 25, 2025 4:15 PM |
Louisiana Dept. of Insurance Earns NAIC Accreditation; Names Leadership Roles
The Louisiana Department of Insurance (LDI) said it has successfully completed the requirements and earned full national accreditation from the National Association of Insurance Commissioners (NAIC) for its work to promote effective financial solvency regulation. NAIC CFO James Woody said …
POSTED APRIL 25, 2025 4:10 PM |
Georgia Commissioner Says Rates to Drop This Year After Tort Reform Passage
Georgia Insurance Commissioner John King predicted property-casualty insurance rates will drop 3% to 5% in the next year after lawmakers approved significant tort reform measures. He also seemed to warn insurance companies about filing for major increases, according to news …
POSTED APRIL 25, 2025 4:06 PM |
Ohio Jury Rules Norfolk Southern Liable for $600M Settlement in Train Derailment Case
The company that owned the railcar that caused the devastating East Palestine train derailment in 2023 won’t have to help pay for the $600 million settlement Norfolk Southern agreed to with residents. An Ohio jury decided Wednesday that GATX isn’t …
POSTED APRIL 25, 2025 4:04 PM |
Judge Awards North Dakota Nearly $28M Over Dakota Access Pipeline Protests
A federal judge on Wednesday found the state of North Dakota entitled to nearly $28 million for responding to protests of the Dakota Access oil pipeline in 2016 and 2017 — a win for the state in its multiyear effort …
POSTED APRIL 25, 2025 3:57 PM |
Business Moves: Ardonagh Acquires Zurich’s SRB Assekuranz Broker; Optio Completes Purchase of Norwegian MGA, S Insurance
Ardonagh Acquires Zurich-Based SRB Assekuranz Broker The Ardonagh Group, the London-based independent insurance distribution platform, announced it has acquired the Zurich-based broker SRB Assekuranz Broker AG (SRB). Founded in 1980, SRB focuses on corporate customers, primarily in the industrial sector. …
POSTED APRIL 25, 2025 3:21 PM |
World’s First Catastrophe-Bond ETF Falters in ‘Crazy’ Market
The world’s first-ever exchange-traded fund based on catastrophe bonds has failed to get the seed capital it expected after launching on the eve of the Trump administration’s tariff war. “Some of our seed capital investors are sitting on the sidelines …
POSTED APRIL 25, 2025 2:59 PM |
Britain’s M&S Stops Taking Online Orders After Cyber Attack
Marks & Spencer stopped taking online orders in the UK and Ireland on Friday following a cyber attack which it reported earlier in the week, an announcement which sent its shares down by 5%. The British company, which sells its …
POSTED APRIL 25, 2025 2:46 PM |