(239) 334-7727

info@benfew.com

Archive:

Firefighters Increase Containment on California Wildfire Now at 599 Square Miles
Insurance Journal | July 30, 2024
Firefighters Increase Containment on California Wildfire Now at 599 Square Miles
Containment has increased on a fire that exploded in size and in a few days became California’s sixth largest wildfire, destroying hundreds of structures. The Park Fire near Chico, California, has burned 383,619 acres and as of Tuesday morning was …
Highstreet Expands Florida Footprint with Flagler Insurance Agency
Insurance Journal | July 30, 2024
Highstreet Expands Florida Footprint with Flagler Insurance Agency
Michigan-headquartered Highstreet Insurance Partners, a rapidly growing, multistate insurance agency, has added to its Florida presence with the acquisition of Flagler Insurance Agency, based in Palm Beach, Florida. The terms of the deal were not reported. Highstreet said in a …
AXA IM Prime Buys 20% Stake in French Private Credit Firm Rivage
Insurance Journal | July 30, 2024
AXA IM Prime Buys 20% Stake in French Private Credit Firm Rivage
A unit of AXA Investment Managers has agreed to acquire a minority stake in Rivage Investment, a specialist private credit firm focused on infrastructure debt that oversees more than €7.7 billion ($8.3 billion) in committed capital. AXA IM Prime, as …
HDI Global Receives License to Open Office in Dubai
Insurance Journal | July 30, 2024
HDI Global Receives License to Open Office in Dubai
HDI Global SE has received a regulatory license from Dubai Financial Services Authority (DFSA) to open an office in Dubai. The new local presence in Dubai International Financial Centre (DIFC) will allow HDI Global to bring its global financial strength …
Cowbell Secures $60M Series C Funding From Zurich
Insurance Journal | July 30, 2024
Cowbell Secures $60M Series C Funding From Zurich
Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs), announced on July 26 that it has closed a $60 million Series C equity investment from Zurich Insurance Group, a global multiline insurer. “This investment from Zurich is …
Minnesota Adds Stricter Guidelines for Rehabilitation Services in Work Comp Claims
Insurance Journal | July 30, 2024
Minnesota Adds Stricter Guidelines for Rehabilitation Services in Work Comp Claims
Injured Minnesota employees who seek services from the Department of Labor and Industry’s Vocational Rehabilitation unit (VRU) while their disputed workers’ compensation claim goes through the litigation process will soon face new eligibility rules. Effective Aug. 1, 2024, if the …
South Africa Races to Contain Oil Spill From Wrecked Cargo Ship
Insurance Journal | July 30, 2024
South Africa Races to Contain Oil Spill From Wrecked Cargo Ship
South Africa dispatched crews to contain an oil spill from a cargo vessel that ran aground earlier this month because of extreme weather conditions. Strong waves eroded the hull of the 125-meter (410-foot) MV Ultra Galaxy, which beached at Brand …
People Moves: BevCap Management Names Vehovic VP of Dealer Risk Services; Skyward Specialty Adds Miglin and Smith
Insurance Journal | July 30, 2024
People Moves: BevCap Management Names Vehovic VP of Dealer Risk Services; Skyward Specialty Adds Miglin and Smith
BevCap Management, LLC, headquartered in McKinney, Texas, hired Danny Vehovic as vice president of dealer risk services. Vehovic will be focusing on risk consulting and business development for Dealer Management Group, a homogeneous group captive for franchise auto dealers and …
Indiana Contractor Faces $199K Fine for Exposing Workers to Deadly Falls
Insurance Journal | July 30, 2024
Indiana Contractor Faces $199K Fine for Exposing Workers to Deadly Falls
Twice in less than two weeks, federal workplace safety inspectors found an Indiana contractor exposing employees to deadly risks of falls from elevation while they did framing work at two homes under construction in Perrysburg, Ohio Inspectors with the U.S. …
Typhoon Remnants Bring Rains, Floods That Kill Four in China
Insurance Journal | July 30, 2024
Typhoon Remnants Bring Rains, Floods That Kill Four in China
Torrential rain and floods killed four people and spurred the evacuation of thousands from homes in China’s southern province of Hunan, lashed by record rainfall from the remnants of Typhoon Gaemi, state media said on Tuesday. Days of heavy rain …