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Ex-Rep Hayes Pardoned by Trump for Role in North Carolina Insurance Bribery Scheme
A former North Carolina congressman and state Republican Party leader who lied to FBI agents about a bribery scandal received a pardon from outgoing President Donald Trump in his final hours in office. Federal authorities said ex-Rep. Robin Hayes participated …
POSTED JANUARY 26, 2021 7:19 AM |
WestPro Insurance Partners with Obsidian on Bars, Taverns, Restaurants Program
WestPro Insurance Services has formed a program partnership with Obsidian, a hybrid fronting program carrier. WestPro is a managing general underwriter and program administrator for bar, tavern and restaurant coverage in more than a dozen states. WestPro, a division of …
POSTED JANUARY 26, 2021 6:13 AM |
Pirates Attacking Ships in Gulf of Guinea. Here’s Why and the Impact.
LAGOS— Pirates are stepping up attacks on ships in West Africa’s Gulf of Guinea, defying regional navies. On Saturday, pirates off Nigeria kidnapped 15 sailors from a Turkish container ship and killed one. Pirates in the Gulf of Guinea kidnapped …
POSTED JANUARY 26, 2021 6:00 AM |
Top Trading Firms Vow to Help Merchants Sailors Stuck on Ships Due to Coronavirus
Over 300 leading companies said on Tuesday they would work together to help hundreds of thousands of merchant sailors stuck on ships for many months due to COVID-19 in a crisis that risks creating more dangers at sea. About 90% …
POSTED JANUARY 26, 2021 6:00 AM |
Biden Withdraws Trump Chicken Slaughter Rule Industry Says Is Safe
A major food workers’ union praised President Joe Biden for withdrawing a rule that would have permanently allowed U.S. poultry producers to kill more chickens per minute. Industry trade groups said the speeds were safe. Donald Trump’s administration in its …
POSTED JANUARY 26, 2021 6:00 AM |
Propel Insurance in Washington Names Hub’s Fusaro CFO
Tacoma, Wash.-based Propel Insurance has named Angelo Fusaro chief financial officer. Fusaro succeeds Pete Hendrick, who has announced his retirement after serving as CFO since 2004. Fusaro has more than 20 years of experience in financial and operational management. He …
POSTED JANUARY 26, 2021 6:00 AM |
Top Insurance Regulatory Developments of 2020: Part 2
This is the second installment of a two-part look at the top 10 insurance regulatory developments of 2020 by attorneys at Locke Lord. The first part on Jan. 22 covered COVID-19, Insurtechs, Data Privacy, Race Equality and Pharmacy Benefit Managers. …
POSTED JANUARY 26, 2021 6:00 AM |
Spanish Court Orders VW to Pay $20M to Buyers in Diesel Cheating Case
A Spanish court has ordered German carmaker Volkswagen to pay 16.3 million euros ($19.8 million) in compensation to people in Spain who bought cars with emissions-cheating devices installed, consumer group OCU said on Monday. The company will appeal the ruling, …
POSTED JANUARY 26, 2021 6:00 AM |
‘Spotter’ in New Orleans Staged Crash Schemes Sentenced to Prison
A New Orleans, Louisiana, man has been sentenced to prison for conspiring to stage automobile accidents as part of a scheme to defraud insurance and trucking companies, federal officials say. U.S. Attorney Peter G. Strasser with the U.S. Attorney’s Office …
POSTED JANUARY 26, 2021 12:19 AM |
The Results Are In: How NFL QBs/Insurance Salesmen Mahomes, Rodgers, Mayfield Rate
Last week, Insurance Journal polled football fans, asking them to compare three NFL quarterbacks who also appear in insurance TV ads. The poll asked readers to rate Green Bay Packers future Hall-of-Famer QB Aaron Rodgers who sells for State Farm; …
POSTED JANUARY 25, 2021 7:20 PM |
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