This post is part of a series sponsored by Expert Insured. Your underwriters want to quote-fast. But instead, they’re sifting through messy emails, chasing missing info, and trying to clean up broker submissions just to get started. That bottleneck? It’s …
Month: August 2025
People Moves: AAA – The Auto Club Group Adds to Executive Team
AAA – The Auto Club Group (ACG), headquartered in Dearborn, Michigan, added three senior leaders. Vincent Fusco joined ACG as executive vice president, chief distribution officer. Fusco will oversee insurance and direct sales, including those of Michigan-based insurance companies Meemic …
SEC Chair Lays Out Sweeping Plans to Accommodate Crypto
The head of the U.S. securities regulator unveiled sweeping plans to overhaul capital markets regulations on Thursday to accommodate cryptocurrencies and blockchain-based trading, in a major win for the digital asset industry, which has long pushed for tailored rules. Securities …
Tesla Must Pay $243 Million Over Fatal Autopilot Crash
Tesla Inc. was told to pay $243 million in a lawsuit over a 2019 Autopilot crash in Florida that killed a young woman and seriously injured her boyfriend, the first significant court loss for the automaker in litigation related to …
Developer Bets on Mid-Class Rentals in Luxury-Obsessed Miami
A Spanish developer is planning an $880 million workforce housing project in Miami that would include more than 4,000 apartments, childcare, and even a test kitchen — an ambitious bid to offer below-market housing in a city known for ultra-luxury …
In Commuters’ Wurst Nightmare, Hot Dog Spill Shuts Highway
SHREWSBURY, Pa. (AP) — A truckload of hot dogs spilled across a Pennsylvania interstate Friday after a crash that briefly clogged the heavily traveled artery in both directions. Crews were stuck with a job they did not relish — rolling …
Marsh McLennan Acquires Olympic Insurance Agency in California
Marsh McLennan Agency acquired Olympic Insurance Agency in a Simi Valley, California. All Olympic employees, including principals Don and Bob Barberie, will remain working out of their existing Simi Valley office. Olympic primarily provides business insurance, employee benefits and personal …
Assisted Living Facility Where 10 Died in Fire Was Cited for Mistreatment
A Massachusetts assisted-living facility where a fire killed 10 people earlier this month temporarily lost its certification nearly a decade ago due to resident mistreatment, according to state regulators. The documents obtained by The Associated Press show the staff failed …
Texas Judge Rules BlackRock, State Street, Vanguard Must Face Antitrust Suit
A federal judge in Texas largely denied a request by the world’s largest asset managers to dismiss a lawsuit brought by Republican state attorneys general claiming they colluded to reduce coal output, in a case that threatens how the U.S. …
Data Shows $150M in Stolen Goods Recovered in Two Years in California
More than 22,100 suspects were arrested, nearly 17,100 cases were referred for prosecution and roughly $150 million in stolen property was recovered in two years though state-funded work with law enforcement agencies, according to the California governor. Related: A Rapidly …