Texas Senate OKs Bill That Preempts Local Texting While Driving Rules

By Stephanie K. Jones The Texas Senate has approved a beefed-up texting while driving ban that preempts existing local ordinances against distracted driving in 45 cities statewide. In May, the Republican-controlled Legislature made Texas one of the country’s last states to outlaw texting while … Read More Read more here:: Insurance Journal       

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California Commissioner Counters AGs, other Commissioners over Climate Initiative

By Don Jergler California Insurance Commissioner Dave Jones has fired off a letter to the 12 oil state attorneys general and one governor from states like Texas and Oklahoma over threats to sue him if he did not stop his Climate Risk Carbon … Read More Read more here:: Insurance Journal       

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Mercury Names Most Affordable Electric Vehicles to Insure in California

By Don Jergler Mercury Insurance put together a list of the 10 most affordable electric vehicles to insure, and Fiat, Kia and Nissan models top the list. Mercury researchers examined the 2017 electric vehicles available at car dealerships today or in the near … Read More Read more here:: Insurance Journal       

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Oak Hill Capital Partners to Acquire Controlling Position in California-based EPIC

By Don Jergler Private equity firm Oak Hill Capital Partners has agreed to acquire all of The Carlyle Group’s stake in EPIC Insurance Brokers & Consultants, giving Oak Hill a controlling equity position in EPIC. Oak Hill’s investment will enable EPIC to continue … Read More Read more here:: Insurance Journal       

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Senators Question If Trump Advisor, AIG Investor Icahn Plays Role in ‘Too Big to Fail’

By Andrew G. Simpson Two prominent U.S. Democratic senators are raising questions about President Donald Trump’s special adviser, Carl Icahn, asking in a letter on Thursday if the activist investor is attempting to persuade the government to lift its “too big to fail” tag … Read More Read more here:: Insurance Journal       

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Verisk to Acquire Merchant Payments Risk Platform G2 Web Services

By Andrew G. Simpson Data analytics firm Verisk Analytics has agreed to acquire G2 Web Services, a provider of merchant risk intelligence for acquirers, commercial banks and other payment system providers. The purchase price is $112 million, which will be paid in cash to stockholders of … Read More Read more here:: Insurance Journal       

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1 Dead, Several Hurt in Ride Malfunction at Ohio State Fair

By Stephanie K. Jones At least one person was killed and several others injured when a ride malfunctioned on opening day of the Ohio State Fair, fire officials said. Some of the victims were thrown from the Fire Ball ride when it malfunctioned Wednesday … Read More Read more here:: Insurance Journal       

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Independent Insurance Agents of Texas Names New Board Members, Top Young Agent

By Stephanie K. Jones The Independent Insurance Agents of Texas (IIAT) elected William Page of Wortham Insurance in Austin; Brad Hempkins of Hempkins Insurance in Allen; and Nathan Sawyer of Sawyer & Associates in Monahans to its board of directors during the association’s recent … Read More Read more here:: Insurance Journal       

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ONI Risk Partners Acquires Green Owens Insurance in Indiana

By Stephanie K. Jones ONI Risk Partners (ONI), headquartered in Indianapolis, Ind., is acquiring Franklin, Ind.-based Green Owens Insurance (Green Owens). In business since 1979, the Green Owens team joins ONI’s 300-plus insurance professionals serving business and individual clients throughout Indiana, Illinois and Kentucky. … Read More Read more here:: Insurance Journal       

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