Amazon.com Inc. agreed to pay $2.5 billion in penalties and refunds and change its process for how to cancel its Prime subscription to settle a lawsuit by the US Federal Trade Commission. The company will pay $1 billion in civil …
Amazon, FTC Reach $2.5 Billion Deal in Prime Subscription Case Read More »
Specialty Program Group LLC, an operator of specialty insurance distribution, underwriting, and consulting businesses, is consolidating its wholesale businesses under a single division called SPG Wholesale. Monarch E&S, Beacon Hill Associates, Specialty Wholesale Insurance Solutions (SWIS), Capitol Special Risk, and …
Specialty Program Group Consolidates 5 Brands Under SPG Wholesale Read More »
Another Florida-based insurance-related company has announced it is going public. Exzeo Group, a technology subsidiary of Tampa-based HCI Group, parent of Homeowners Choice Property & Casualty Insurance Co., filed an initial public offering registration on Thursday. That makes the third …
Tampa-Based HCI Group’s Tech Platform Exzeo Files Plans to Go Public Read More »
Heather Clark has juggled working full-time for an insurance agency and caring for her young daughter for the past five years. “When you have a kid at home, you can’t answer the phones, and you can’t have that personal interaction,” …
New Approach: Pilot Program Helping West Virginia Workers With Child Care Read More »
California-based ALKEME Insurance announced it has acquired Alliance Brokerage Corp., a Melville, New York-based property/casualty agency. The acquisition strengthens ALKEME’s presence on the East Coast and adds insurance and risk management expertise in both real estate and construction insurance. Alliance …
ALKEME Insurance Acquires New York’s Alliance Brokerage Read More »
Tom Pratt, head of public policy and government affairs at property insurance MGA Delos Insurance Solutions, has been appointed to the legislative committee of the Surplus Line Association of California. Delos is headquartered in San Francisco, California. The Surplus Line …
CIC Services LLC and the Ragnar Group Inc. have launched a captive domiciled in Utah focused on the hospitality sector. The companies say the captive is intended to solve the challenge of being misclassified. The new group captive applies underwriting …
CIC and Ragnar Launch Utah-Domiciled Captive for Restaurants and Bars Read More »
Alphabet’s Google is likely to be hit with its first fine under landmark new EU tech rules in the coming months, and the European Commission is now drafting its decision, three people with direct knowledge of the matter said. Acting …
Google Likely to Be Hit With First EU Antitrust Fine Under New EU Law, Sources Say Read More »
ZestyAI, a provider of AI-powered property and climate risk analytics, announced that its non-weather water risk model, Z-WATER, has received approval in Wisconsin for use in underwriting and writing. With this approval, insurers in Wisconsin can begin using Z-WATER to: …
ZestyAI Gains Wisconsin Approval for AI Model Tackling Non-Weather Water Risk Read More »
Whether it comes from courtrooms or the Capitol, Minnesota’s cannabis laws look in need of clarification in response to wide interpretations by cities. Local governments by law can cap the number of cannabis retailers, place restrictions on where businesses are …
Minnesota Cities Test Limits of State’s Cannabis Law, Exposing Legal Gray Areas Read More »
