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The Alabama Department of Insurance has appointed Nicole Boswell as its new accounting director. This announcement comes as part of the department’s ongoing efforts to strengthen its financial operations. Boswell has been with the department since 2008, bringing over 15 years of experience in various accounting roles. Before her new position, she served as the … Read more

A federal judge recently ruled against a request from the Corporation for Public Broadcasting (CPB) that aimed to compel the Trump administration to quickly reimburse public broadcasting stations for upgrades to the emergency alert system. This decision came after the CPB filed a lawsuit against the Federal Emergency Management Agency (FEMA), claiming it had unlawfully … Read more

CRC Group, a leading wholesale specialty insurance distributor in North America, has recently acquired Risk Transfer Partners (RTP), a brokerage focused on casualty insurance. This move is aimed at boosting CRC’s services and expanding its presence, especially in key areas like construction, energy, environmental, and manufacturing. RTP, which started in 2013 and is based in … Read more

Greenpeace is facing serious accusations from Energy Transfer, the company behind the Dakota Access Pipeline. The company claims that Greenpeace used harmful and misleading tactics to disrupt the pipeline’s progress. This legal battle has been ongoing, and a jury in North Dakota is now deliberating after a lengthy trial. Energy Transfer alleges that Greenpeace, along … Read more

Swiss Re has decided to sell its entire stake in Definity Financial, a Canadian property and casualty insurer, for C$655 million, which is about $458.1 million. This move comes after a thorough review of Swiss Re’s investment portfolio. On March 19, Swiss Re was scheduled to sell 11,647,217 common shares at a price of CA$56.20 … Read more

As Congress considers significant cuts to federal Medicaid funding, health centers serving Native American communities are facing a potential crisis. The Oneida Community Health Center in Green Bay, Wisconsin, is one such facility that could be severely impacted. Over 40% of its approximately 15,000 patients rely on Medicaid, and cuts to this program would be … Read more

Marsh McLennan has made significant changes in its leadership for the Energy & Power sector. Amy Barnes has been appointed as the global head of Energy & Power, effective immediately. She will be based in London and reports directly to Andrew George, the president of Marsh Specialty. In her new role, Barnes will oversee the … Read more

A federal complaint has been unsealed against Serina Baker-Hill, the Director of the Center for Excellence and Expertise over Automotive and Aerospace Engineering at U.S. Customs and Border Protection (CBP). She is accused of defrauding the Federal Emergency Management Agency (FEMA) and lying to federal agents. Acting U.S. Attorney Julie A. Beck announced the charges, … Read more

Retailers Casualty Insurance Company has announced a significant payout of $2.5 million for its policyholders with coverage that began in 2022. This decision comes from the company’s board of directors and aims to reward businesses that have shown a commitment to employee safety. The distribution is based on each policyholder’s premium and loss ratio. Those … Read more

New Mexico has taken a significant step to support homeowners affected by recent wildfires. Alice Kane, the state’s Superintendent of Insurance, announced a temporary increase in the coverage limit for residential property under the New Mexico Fair Plan. The new cap is set at $750,000, up from the previous limit of $350,000. This change is … Read more