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The Liberty Co. Acquires Majority Ownership of Mitchell & Mitchell in California
The Liberty Company Insurance Brokers has acquired majority ownership in Mitchell & Mitchell Insurance Agency of Novato, Calif. Liberty will become majority owner joining with several former shareholders of Mitchell & Mitchell, including Gary Mitchell who will continue as president. …

POSTED AUGUST 17, 2018 2:53 PM
ACORD Launches Data Toolkit for London Market Reinsurance, Big Commercial Risks
ACORD, the global standards body for the insurance industry, has launched an Adoption Toolkit to support the application of data standards for global reinsurance and large commercial risks in the London market. “The benefits of implementing data standards are being …

POSTED AUGUST 17, 2018 1:59 PM
Seeman Holtz Property & Casualty Continues Expansion into Pennsylvania
Seeman Holtz Property & Casualty Inc. has continued its expansion into Pennsylvania with its acquisition of Merchants Preferred Insurance Services, headquartered in Erie, Penn. This acquisition will strengthen Seeman Holtz Property & Casualty’s foothold in the Northeast, according to a …

POSTED AUGUST 17, 2018 1:52 PM
Engineering Study Last Year Warned Operator About Stability of Genoa Bridge: Reports
An engineering study commissioned by Italian highway operator Autostrade last year warned about the state of the concrete-encased cable stays that held up a bridge that collapsed this week in Genoa, two Italian newspapers reported on Friday. Autostrade per l’Italia, …

POSTED AUGUST 17, 2018 1:13 PM
Recovery Underway in New York Region Hit by Flash Flooding
Clean-up and recovery efforts continued Wednesday in several upstate New York counties where flash flooding damaged homes, vehicles and infrastructure from the Finger Lakes region to the Binghamton area. Tuesday’s pre-dawn downpours caused flash flooding that uprooted trees, inundated homes …

POSTED AUGUST 17, 2018 1:10 PM
Tighter Regulations in NYC Could Take Bite Out of Airbnb Profits
Airbnb faces tightening regulations in New York City that could take a big bite out of its profits, and on Wednesday the short-term rental company offered a counter-measure designed to appease hostile politicians: a $10 million contribution to charities. At …

POSTED AUGUST 17, 2018 1:00 PM
Acrimonious, Disruptive No-Deal Brexit Is Growing Risk, Says Fitch
Ratings agency Fitch said on Thursday that it saw a growing risk of a bitter and economically damaging Brexit that could lead to a further downgrade of Britain’s sovereign credit rating. “We no longer believe it is appropriate to identify …

POSTED AUGUST 17, 2018 12:32 PM
President Trump Urges U.S. Suit Against Opioid Manufacturers
President Donald Trump said Thursday he wants the U.S. government to sue pharmaceutical companies that manufacture opioids as part of his efforts to halt an epidemic of drug addiction. Trump said he’d like to bring a federal lawsuit, rather than …

POSTED AUGUST 17, 2018 12:23 PM
Aon Names Wanat U.S. Commercial Lines Broking Chief
Global broker has appointed Brian Wanat as chief broking officer of U.S. Commercial Risk Solutions. In his new role, Wanat will have direct management responsibility for Financial Services Group, National Property, National Casualty, Aviation, Crisis Management, Marine and Aon’s Global …

POSTED AUGUST 17, 2018 12:13 PM
Broker Protean Risk Taps Marsh’s Sargeaunt as Director of Fintech, Payment Services
Protean Risk, the London-based specialist Lloyd’s broker for asset management, financial services and technology firms, has appointed Tristan Sargeaunt as director of Fintech and Payment Services, where he will spearhead the development of insurance solutions for firms in this area. …

POSTED AUGUST 17, 2018 9:25 AM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Heil and Kay Insurance Agency Inc. confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.

 

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