March 2023 – Page 10 – Ben Few & Company, Inc.

Insurance Journal | March 9, 2023

Ex-Blue Bell CEO to Plead Guilty to Misdemeanor Over 2015 Listeria Outbreak

The former chief executive of Blue Bell Creameries will plead guilty to a misdemeanor charge under a deal in which prosecutors have agreed to drop fraud charges against him related to a 2015 listeria outbreak traced back to the company’s …

Insurance Journal | March 2, 2023

Meta’s Record Privacy Settlement Spurs Dispute Over State Claims

Meta Platforms Inc. is wrong to say its $725 million settlement of a lawsuit claiming Facebook illegally shared user data with a controversial research firm protects it from similar claims brought by New Mexico, attorneys for the US state said. …

Insurance Journal | March 2, 2023

SoCal Storms, Back-to-Back Hurricanes in South Central Part of New Normal?

A new AM Best commentary on the latest winter storm to hit Southern California drives home the growing risk and the financial volatility that weather-related losses pose for the insurance industry. According to the commentary, titled “Changing Weather Patterns, Climate …

Insurance Journal | March 2, 2023

White House Releases New National Cybersecurity Strategy

The White House announced a new national cybersecurity strategy meant to make the digital ecosystem more resilient, including a more aggressive stance against malicious cyber actors and shifting responsibility to “organizations that are most capable and best-positioned to reduce risks …

Insurance Journal | March 2, 2023

Hub Acquires Louisiana’s Dwight W. Andrus Insurance

Hub International Limited announced that it has acquired the assets of Dwight W. Andrus Insurance Inc., Dwight Andrus & Richard Insurance, Inc., and DAI Shreve, LLC (Dwight Andrus Insurance). Terms of the transaction were not disclosed. Headquartered in Lafayette, Louisiana …

Insurance Journal | March 2, 2023

Ohio Senators Prepare Rail Safety Bill After Norfolk Southern Crash

COLUMBUS, Ohio (AP) – Railroads like the one involved in this month’s fiery crash and toxic chemical release in Ohio would be subject to a series of new federal safety regulations and financial consequences under legislation being introduced Wednesday by …

Insurance Journal | March 2, 2023

Long-Lost Ship Found in Lake Heron

TRAVERSE CITY, Mich. (AP) – Even for the Thunder Bay area, a perilous swath of northern Lake Huron off the Michigan coast that has devoured many a ship, the Ironton’s fate seems particularly cruel. The 191-foot (58-meter) cargo vessel collided …

Insurance Journal | March 2, 2023

World Insurance Adds New Jersey’s Katz/Pierz Agency to Its Team

Broker World Insurance Associates reports that it has acquired the business of Katz/Pierz of Cherry Hill, New Jersey. Terms of the transaction were not disclosed. Katz/Pierz was founded in 1987 by Aaron Katz and Donald Pierz. The agency serves professionals …

Insurance Journal | March 2, 2023

Georgia House Votes to Raise Workers’ Comp Benefits, Still Lower than Other States

The Georgia House of Representatives voted this week to raise the maximum workers’ compensation benefit amounts and to increase the maximum payout to dependent spouses. House Bill 480, sponsored by Rep. Lehman Franklin, R-Statesboro, and others, was approved by a …

Insurance Journal | March 2, 2023

People Moves: AXA XL Adds to U.S. Mid-Market Team; Leftwich Joins Zurich to Grow ESG Services; Mace Joins Lockton Affinity

AXA XL Adds to U.S. Mid-Market Team AXA XL Insurance continues to build out its U.S. Mid-Market business with the recent addition of Bennett Turner as head of strategy and operations and Christopher Fallon, head of analytics. Turner joins AXA …