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Maine Agency Faces Backlash, Loses 3 Carriers After Juneteenth Posting
An independent insurance agency in Millinocket, Maine has lost three of its carrier partners and continues to face backlash on social media and in its community after posting a racially-charged sign on its door on Monday, the Juneteenth holiday. “Juneteenth …
POSTED JUNE 24, 2022 4:13 PM |
Cyber Insurtechs and Insurers ‘In This Together,’ Not in Competition
Insurtechs and insurance companies are “breaking down the wall” that stood between them as competitors in favor of working together to tackle dynamic cyber risk. “We’re all trying to solve the same problem,” said Lori Bailey, chief insurance officer at …
POSTED JUNE 24, 2022 4:12 PM |
People Moves: McGriff Names Curtis VP for Captives, Alternative Risks
McGriff Insurance Services, a retail insurance broker based in Huntsville, Alabama, has named Bud Curtis vice president and alternative risk business development manager. McGriff, a subsidiary of Truist Insurance Holdings, the sixth largest insurance broker in the U.S., said in …
POSTED JUNE 24, 2022 4:08 PM |
Acrisure Acquires Ohio’s QuickInsured Agency
Acrisure, a fintech company that runs a global insurance broker, announced that it has acquired Columbus, Ohio-based QuickInsured, a tech-centered insurance agency. Acrisure will now have use of QuickInsured’s proprietary digital “sales funnel,” which customizes insurance offerings for customers, and …
POSTED JUNE 24, 2022 3:49 PM |
Walgreens Reaches $105 Million Settlement With Shareholders
Walgreens Boots Alliance Inc. agreed to pay $105 million to settle a long-running class-action lawsuit accusing it of misleading shareholders about how rising generic drug prices and reimbursement pressures would hurt its pharmacy business. The preliminary all-cash settlement was filed …
POSTED JUNE 24, 2022 3:40 PM |
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