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Sompo International Forms Cyber Team, Expands Insurance Offering
Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has expanded its cyber insurance capabilities with the introduction of a dedicated U.S. team focused on cyber offerings, an enhanced cyber and professional liability product, …

POSTED DECEMBER 11, 2018 5:52 PM
Arkansas Panel OKs Restrictions on Dicamba Herbicide Use
An Arkansas panel has given initial approval to allowing restricted use of an herbicide that was banned following complaints that it drifted onto crops and caused damage. The Arkansas Plant Board last week approved new restrictions for the use of …

POSTED DECEMBER 11, 2018 5:42 PM
Major Snowstorm Causes Icy Roads, Power Outages Across Much of Southeast
Residents walked instead of driving cars and children enjoyed another day of building snowmen with school canceled Monday after a wintry storm dropped snow, sleet or freezing rain across five southern states. Accidents on snow-covered interstates caused major delays over …

POSTED DECEMBER 11, 2018 5:42 PM
Ohio Business Owner Sentenced to Prison for $425K Workers’ Comp Fraud
A federal judge has sentenced the owner of a now-defunct southwest Ohio payroll services company to six months in federal prison and a $10,000 fine after being found guilty of workers’ compensation insurance fraud. John R. Cacaro, 59, owner of …

POSTED DECEMBER 11, 2018 5:35 PM
Michigan’s Kaufman Group Named a BEST for Workplace Training and Development
The employees and agent/broker clients of Farmington Hills, Michigan-based H.W. Kaufman Group may be pleased but not surprised to learn that the specialty insurance organization has been recognized as one of the best in the world for professional education and …

POSTED DECEMBER 11, 2018 5:25 PM
ProAg Adds Borner, Piechowski, Schaefers to Leadership Team
Amarillo, Texas-based Producers Ag Insurance Group Inc. (ProAg), a member of the Tokio Marine HCC group of companies, has hired Scott Schaefers as senior vice president of Marketing and Innovation, Becky Piechowski as senior vice president of Operations and Benji …

POSTED DECEMBER 11, 2018 5:23 PM
Dallas’ RiskPro Global Partners Acquired by Risk Strategies
Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired RiskPro Global Partners, a full-service property/casualty and employee benefits firm headquartered in Dallas, Texas. Terms of the deal were not disclosed. Founded in 2017 by long …

POSTED DECEMBER 11, 2018 5:22 PM
Marsh & McLennan Agency Acquires Minnesota’s Otis-Magie Insurance Agency
Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Otis-Magie Insurance Agency Inc., a privately owned independent agency headquartered in Duluth, Minnesota. Terms of the transaction were not disclosed. With origins dating back to …

POSTED DECEMBER 11, 2018 5:19 PM
Insurance Fraud Hall of Shame Inducts 9 Scammers
The Insurance Fraud Hall of Shame has inducted nine new members. The Coalition Against Insurance Fraud, a group of insurance, consumers and government organizations, reported the following inductees: Burning desire. Two firefighters died when a brick wall fell on them …

POSTED DECEMBER 11, 2018 4:50 PM
U.S. Warns on Uptick in Chinese Hacking Setting Stage for Future Attacks
A senior U.S. intelligence official warned on Tuesday that Chinese cyber activity in the United States had risen in recent months, and the targeting of critical infrastructure in such operations suggested an attempt to lay the groundwork for future disruptive …

POSTED DECEMBER 11, 2018 4:19 PM

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