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Benefit Advisors Network (BAN) has welcomed Carroll Insurance, based in Houston, Texas, as its newest member. This announcement highlights the growing network of independent employee benefit brokers and consulting firms across the United States and Canada. Carroll Insurance serves a wide range of clients in various industries, including manufacturing, construction, oil and gas, technology, professional … Read more

The U.S. construction equipment manufacturing industry plays a crucial role in the economy, supplying essential machinery for infrastructure and industrial growth. With over 2,000 manufacturers generating more than $40 billion in annual revenue, this sector is not only significant but also increasingly risky. As the industry expands, so does the need for proper insurance coverage … Read more

Missouri lawmakers are discussing a new bill that could help homeowners and renters dealing with the fallout from severe weather. This proposed legislation, introduced during a special session, aims to provide tax deductions for the deductibles paid on home insurance to cover storm damage repairs. The bill is part of a larger agenda that also … Read more

Federal Life Insurance Company has officially acquired Texas Service Life Insurance Company. The deal, backed by Bain Capital, was completed recently, although the financial details of the acquisition have not been disclosed. Knut Olson, the CEO of Federal Life, shared his thoughts on the acquisition, emphasizing that it highlights the importance of pre-need insurance products … Read more

Standard Insurance Company, known as The Standard, has appointed Nicola Barrett as its new second vice president and actuary. This announcement comes as part of the company’s efforts to enhance its risk management and governance strategies. Barrett will play a key role in developing and implementing frameworks that govern actuarial practices and enterprise risk management. … Read more

Spain recently experienced its largest blackout in history, affecting over 50 million people across the country and neighboring Portugal. The blackout occurred on April 28 around 12:33 p.m., leading to widespread disruptions in public transport, traffic, and communications. Shops and restaurants were forced to close as a result. New information from the Spanish government reveals … Read more

Members of a high school lacrosse team in upstate New York are facing serious charges after staging a frightening armed abduction of younger players. This incident, described by prosecutors as going far beyond typical hazing, has shocked the community. The Onondaga District Attorney’s office announced this week that all 11 individuals involved have turned themselves … Read more

Severe weather can hit unexpectedly, causing damage to your roof, which is crucial for protecting your home. After a storm, it’s important to check for any signs of damage, understand your insurance coverage, and know what steps to take if your roof is affected. Start by inspecting your roof visually. Look for missing shingles or … Read more

World Insurance Associates LLC has announced its acquisition of the Christopher Williams Agency and Barrett Millard LLC, both based in Pittsford, New York. This deal marks an important step for World Insurance, expanding its reach in the Rochester area. The Christopher Williams Agency has a long history, having been established in 1961. Earlier this year, … Read more

A major storm swept through parts of the Midwest this week, bringing heavy rain, strong winds, and even tornadoes to several states. The storm struck on Tuesday evening, causing significant damage and prompting emergency responses across the region. Illinois was one of the hardest-hit areas. In the town of Naperville, residents reported downed trees and … Read more