Massachusetts-based Hanscom Federal Credit Union reported it closed on its previously announced purchase of The Peoples Bank in Maryland, following receipt of all regulatory and shareholder approvals. In its 2024 annual report, Peoples Bank said the purchase price would be …
Massachusetts Credit Union Completes Buy of Maryland’s Peoples Bank, Insurance Read More »
The elimination of US tax credits for residential heat pumps, solar panels and batteries will make electrifying your home more expensive in 2026, and tariffs and made-in-America mandates could add additional costs. Just how pricey remains to be seen. New …
Solar Panels and Heat Pumps to Be More Expensive in 2026 Read More »
Novatae Risk Group, the wholesale insurance business of World Insurance Associates, announced that Walter Juergens has joined the company as its new chief financial officer. In this role, Juergens will be responsible for all aspects of the company’s financial management, …
People Moves: Novatae Group Names Juergens as CFO Read More »
A United States Postal Service employee has been indicted on federal fraud charges for allegedly collecting augmented workers’ compensation benefits to which she was not entitled, the U.S. Attorney’s Office, Northern District of Illinois announced last month. Graciela Venegas, 66, …
Illinois USPS Employee Indicted for Alleged Workers’ Comp Fraud Read More »
Advocate Aurora Health, an Illinois-based hospital system, violated federal law when it refused to accommodate a nurse’s religious beliefs and fired her for failing to receive a COVID-19 vaccination, the U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit …
Illinois Hospital System Sued for Religious Discrimination Read More »
Inszone Insurance Services announced its further expansion in Texas through the acquisition of Bierschwale-Rees Insurance, a long-established independent insurance agency based in Fredericksburg, Texas. Bierschwale-Rees Insurance traces its roots to 1903, making it one of the oldest continuously operating insurance …
Inszone Acquires Texas’ Bierschwale-Rees Insurance Read More »
Insurers have paid more than $22.4 billion on tens of thousands of claims from the Los Angles wildfires that broke out a year ago on Jan. 7. The claims data, which comes from the California Department of Insurance, shows the …
Insurance Payments Now at $22.4B From LA Wildfires One Year Ago Read More »
Ryan Specialty Underwriting Managers (RSUM), the underwriting management division of Ryan Specialty, announced the rebranding of Leopanthera to Ryan Financial Lines, effective January 1, 2026. A London-based Lloyd’s coverholder, Leopanthera specializes in underwriting diversified financial lines on a worldwide basis. …
Ryan Specialty Underwriting Managers Rebrands Leopanthera as Ryan Financial Lines Read More »
CRC Group, the independent broker and underwriting specialty insurance distributor, announced it has signed a definitive agreement to acquire Euclid Transactional, a global provider of transactional insurance solutions. New York City-based Euclid Transactional is a managing general agency that specializes …
CRC Group Signs Agreement to Acquire Euclid Transactional Read More »
Upstate New York-based independent agency Lawley announced that Witkin Scott Associates has joined its organization effective January 1, 2026. As part of this partnership, all associates of Witkin Scott will join Lawley and relocate to its main office in Buffalo. …
New York-Based Lawley Acquires Neighboring Witkin Scott Associates Read More »
