Industry News

Insurance Journal

Gaspar Insurance Acquires Elden Insurance in Southern California

Jul 26, 2019 Gaspar Insurance Services has acquired Elden Insurance Services Inc. in Canoga Park, Calif. Plans call for Elden Insurance owner Dennis Helio to retire. Elden...

Canadian Firm Sues Oklahoma Marijuana Dispensary for Copyright Infringement

Jul 26, 2019 A Canadian children’s entertainment company is suing an Oklahoma medical cannabis dispensary chain accusing it of copyright infringement....

Iowa Insurance Agent Charged with Fraud

Jul 26, 2019 The Iowa Insurance Division reported that insurance agent Christine Wilson, age 43, of Moravia, has been charged with two counts of Fraudulent Submissions (Class D Felony). The charges...

Wisconsin’s McDonald Insurance Agency Joins Keystone Insurers Group

Jul 26, 2019 Keystone Insurers Group (Keystone) has added McDonald Insurance Agency of Hudson to its list of Wisconsin partners. McDonald Insurance Agency has been serving...

Best's Reviews

Kuvare US Holdings to Acquire Lincoln Benefit Life

Jul 26, 2019 Kuvare US Holdings’ affiliate Guaranty Income Life Insurance Co. is acquiring Lincoln Benefit Life Co. and its affiliates and all subsidiaries of its parent, RL...

Arthur J. Gallagher Takes $7.2 Million Charge as Restructuring Triggers Layoffs

Jul 26, 2019 Arthur J. Gallagher is terminating hundreds of employees as a part of a restructuring intended to increase efficiency and...

Health Care Service Corp. Chief Executive Departs

Jul 26, 2019 Health Care Service Corp. announced the departure of President and Chief Executive Officer Paula Steiner, who led the organization since 2016. HCSC board member...

BestWeek: Annuity Suitability, Technology on Tap for NAIC Summer Meeting

Jul 26, 2019 The age-old issue of ethical dealings with consumers and the latest in technology will be among the topics as the National Association of...

Claims Journal

Hurricane Victims Frustrated with Slow Housing Recovery

Jul 26, 2019 SPRING LAKE, N.C. — The heating and air conditioning in Carrie Johnson’s home — damaged by Hurricane Matthew in 2016 — still wasn’t fixed...

Fire No Longer Threatens Key Idaho Nuclear Facilities

Jul 26, 2019 BOISE, Idaho — The nation’s primary nuclear research facility planned to go back to regular operations on Thursday after a change in wind direction pushed a wildfire...

New Auto Safety Technology Leaves Insurers in the Dark

Jul 26, 2019 Automakers are accelerating the rollout of technology designed to avoid crashes, but insurance companies are waving a caution flag at consumers eyeing discounts for buying...

Drones Do Deadly Work So You Don’t Have To

Jul 26, 2019 Here’s a job any worker would be happy to pass off to a drone: Imagine crawling down a ladder into the vast darkness of a 20-story-high storage tank filled with toxic chemical...