Archive for July 2017

By Stephanie K. Jones New Berlin, Wis.-based workers’ compensation insurance company, United Heartland, has announced its top territory insurance agencies for 2016. United Heartland’s three 2016 Agency of the Territory winners: TIS Insurance Services Inc. – Knoxville, Tenn.; MJ Insurance Inc. – Indianapolis, Ind.; … Read More Read more here:: Insurance Journal       

By Stephanie K. Jones Mergers and acquisitions (M&As) among North American insurance agencies continued at a strong pace during the second quarter of 2017, with 135 reported transactions in the second three months of 2017, Chicago-based OPTIS Partners reports. There were 185 deals in … Read More Read more here:: Insurance Journal       

By Don Jergler A federal appeals court has ruled that NBC News did not defame an Oregon sporting goods company by characterizing its exploding rifle targets as “bombs” in a report on the “Today” show. The 2nd U.S. Circuit Court of Appeals in … Read More Read more here:: Insurance Journal       

By Don Jergler Chevron Corp. and state regulators have reached a settlement related to a 2012 fire at its Richmond refinery that will require the company to spend about $20 million on safety improvements, officials announced this week. The agreement requires Chevron to … Read More Read more here:: Insurance Journal       

By Don Jergler Chevron Corp. and state regulators have reached a settlement related to a 2012 fire at its Richmond refinery that will require the company to spend about $20 million on safety improvements, officials announced Monday. The agreement requires Chevron to replace … Read More Read more here:: Insurance Journal       

By Andrew G. Simpson Markel Corp. will acquire Texas-based State National Companies Inc. for $919 million, a deal that the Virginia-based insurer and reinsurer said will help diversify its underwriting and revenue streams. Both companies’ board of directors voted unanimously to approve the deal, … Read More Read more here:: Insurance Journal       

A Tennessee woman accused of stealing $3 million from a trucking company’s New Jersey facility has been sentenced. Fifty-five-year-old Tracey Perrigan, of Sparta, was sentenced to 33 months in prison Monday. Perrigan had previously pleaded guilty to wire fraud. Prosecutors say … Read More Read more here:: Insurance Journal       

By Stephanie K. Jones Chicago-based global insurance brokerage Hub International Limited (Hub) has appointed Amber Kennelly chief human resources officer. Kennelly will be responsible for all HUB human resource strategic initiatives including talent acquisition and management, learning and development, employee relations, compensation, employee benefits … Read More Read more here:: Insurance Journal       

By Stephanie K. Jones Federal officials have sued Champion Fiberglass Inc., a Houston-area manufacturing company, saying the company violated federal anti-discrimination laws by engaging in systemic discrimination against non-Hispanic applicants. The lawsuit filed by the Equal Employment Opportunity Commission (EEOC) charges that a class … Read More Read more here:: Insurance Journal