Mutual of Enumclaw, hired insurance industry veteran Bob Otis as its new president and CEO. Otis has more than 30 years of executive-level experience in property/casualty insurance with several firms, including Allstate, USAA and National Lloyds. Most recently, he was …
People Moves: Mutual of Enumclaw Hires Otis as President and CEO Read More »
Air traffic controllers overseeing planes at Newark International Airport in New Jersey lost contact with aircraft for 30 seconds last week, U.S. Transportation Secretary Sean Duffy said on Monday. “The primary communication line went down, the backup line didn’t fire, …
Air Traffic Control Lost Contact With Newark Aircraft; DOT Vows ‘Brand New System’ Read More »
DoorDash Inc. is committing $5 million to back political candidates in New York City and state-level races in New Jersey this year, becoming the latest technology company to disclose its lobbying efforts ahead of local elections in the tristate area. …
DoorDash Is Latest Tech Firm to Commit Millions to New York City Elections Read More »
Earnix, the software-as-a-service (SaaS) specialist, announced it has signed a definitive agreement to acquire Zelros, the Paris-based insurtech and developer of artificial intelligence solutions. Financial details of the deal were not disclosed. By combining Earnix’s advanced predictive AI platform with …
Business Moves: Earnix Agrees to Acquire Insurtech and AI Specialist Zelros Read More »
Connecticut Attorney General William Tong has secured a $4.93 million judgment against Planet Zaza of East Haven and its owner, Mohamed Alraishani, following “persistent illegal cannabis sales in spite of a court order and repeated law enforcement visits.” Tong said …
Smoke Shop Ordered to Pay $4.9 Million for ‘Persistent Illegal Cannabis Sales’ Read More »
Cyberattacks on Britain’s Marks & Spencer and Co-op Group started with hackers impersonating employees while contacting the retailers’ IT help desks, technology specialist site BleepingComputer reported. The site said the hackers were able to convince the help desks to reset …
M&S, Co-op Cyberattackers Duped IT Help Desks Into Resetting Passwords, Report Says Read More »
This post is part of a series sponsored by AgentSync. Distribution channel management relies on real-time producer data For insurance organizations looking to optimize their distribution channel management, having access to accurate, up-to-the-day producer data across multiple systems isn’t just …
Insurance + APIs: How Superior Data Is Key to Distribution Channel Management Read More »
The first three months of 2025 were the slowest quarter for insurance agency mergers and acquisitions since the second quarter 2020, according to investment banking and financial consulting firm OPTIS Partners. The total number of insurance agency mergers and acquisitions …
Q1 Has Lowest Insurance Agency M&A in 5 Years; Mega Deals Coming? Read More »
Money laundering and cyber risks remained high in Switzerland, the head of the country’s financial market regulator said on Monday, while there was an increasing risk of individuals and trying to get around financial sanctions on Russia. Money-laundering risks were …
Money Laundering Risks Remain High in Switzerland, Financial Regulator Says Read More »
Starting July 1, Florida insurance agents will no longer need to make a “diligent effort” to find coverage for hard-to-place properties before turning to surplus lines insurance if the governor signs House Bill 1549 into law. But a separate bill …
Florida Bill Passes Making it Easier for Agents to Seek Surplus Lines Coverage Read More »
