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JenCap to Buy Program Administrator Aran Insurance Services
JenCap Holdings, a consolidator of specialty insurance businesses backed by The Carlyle Group, has agreed to acquire privately-held Aran Insurance Services Group, a specialty program administrator with offices in Arizona, Colorado, Massachusetts and New York. The acquisition of Aran is …

POSTED AUGUST 21, 2019 1:02 PM
After Solar System Fires, Walmart Sues Tesla for ‘Widespread Negligence’
Walmart Inc. on Tuesday sued Tesla Inc., accusing it of “widespread negligence” that led to repeated fires of its solar systems and asking a court to force Tesla to remove solar panels from more than 240 of its U.S. stores. …

POSTED AUGUST 21, 2019 12:04 PM
South Carolina Joins Growing List of States to Sue Opioid Distributors
The South Carolina Attorney General’s office has filed a lawsuit against major opioid distribution companies, claiming the businesses are partially responsible for the opioid crisis. News outlets report Attorney General Alan Wilson filed the lawsuit last week against Cardinal, McKesson …

POSTED AUGUST 21, 2019 6:28 AM
Georgia-Based Colonial Pipeline Sues Contractor Over Alabama Spill
Georgia-based Colonial Pipeline Co. has sued an Alabama contractor over a spill that threatened gasoline supplies along the East Coast three years ago. The pipeline operator contends faulty work by the Birmingham-based Ceco Pipeline Services caused a crack that spilled …

POSTED AUGUST 21, 2019 6:18 AM
Liberty Specialty Markets Adds Goodliffe in Chicago as Sr. Underwriting Officer
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, has appointed James Goodliffe to the role of senior underwriting officer within its Financial Risk Solutions (FRS) Multi-Buyer Trade Credit practice. He is based in Chicago. Goodliffe will be responsible for …

POSTED AUGUST 21, 2019 5:16 AM
Iowa’s Hy-Vee Grocery Warns of Security Problem With Credit Card Readers
An Iowa-based grocery store chain is warning customers about what it says is a security incident involving payment card systems. Hy-Vee said in a news release that it launched an investigation after it detected unauthorized activity on some of its …

POSTED AUGUST 21, 2019 5:13 AM
Texas A&M Forest Service Activates Airtanker Base to Help Combat Wildfires
In response to rising wildfire activity across the state, the Texas A&M Forest Service is opening the Austin Airtanker Base at Austin-Bergstrom International Airport. Significant fire activity has increased recently, particularly in northwest Texas, Central Texas and the Cross Timbers …

POSTED AUGUST 21, 2019 5:06 AM
California Workers’ Comp Bureau Submits Lower 2020 Pure Premium Rate Filing
The Workers’ Compensation Insurance Rating Bureau of California on Tuesday submitted its Jan. 1, 2020, pure premium rate filing to the California Department of Insurance, proposing advisory pure premium rates that are an average of 5.4% less than the current …

POSTED AUGUST 20, 2019 11:44 PM
JLT’s Adams Joins Everest Insurance to Lead Its Bermuda Operation
Everest Insurance said Kyle Adams has joined to lead the its Bermuda operations. In this role, Adams will focus on establishing and growing Everest’s Bermuda Insurance operations. Adams comes to Everest with 20 years of experience, including a decade operating …

POSTED AUGUST 20, 2019 3:47 PM
Parade of Probes Underway to Pin Blame for Britain’s Blackout
The lightning strike that triggered Britain’s biggest blackout in more than a decade has also spawned a flurry of investigations by groups ranging from the government to railway operators. National Grid Plc’s preliminary report published by the regulator Ofgem on …

POSTED AUGUST 20, 2019 3:31 PM

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