GULFPORT, Miss. (AP) — Rocking on his front porch overlooking the Mississippi Sound, former Gulfport Mayor Billy Hewes questions how anyone wouldn’t want to live there. “People are always going to gravitate to the water,” he said. “And we have …
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Aspire in California Secures Strategic Debt Financing From Comvest Partners
Aspire General Insurance announced the completion of a strategic debt financing agreement with Comvest Partners. The investment will enhance California-based Aspire’s capital position, enabling expanded capabilities, deeper market penetration, and continued innovation in insurance technology, according to the company. Comvest …
New Vermont Law Halts Public Funds for Religious Schools. Is Litigation Ahead?
Since 2021, religious schools in Vermont have been receiving an increasing amount of money through Vermont’s school tuitioning program. But Act 73, Vermont’s wide-ranging education reform law signed into law in July, effectively halts that trend. Last week, the state …
People Moves: Mize to Lead IMA’s Wichita Office, Jamison Takes on Enterprise Role
IMA Financial Group, Inc., a North American insurance brokerage firm specializing in risk management, wholesale brokerage and wealth management, has named Dan Mize as its new Wichita market president, effective Aug. 15. Jeff Jamison, who previously held the role, has …
Husband and Wife Insurance Agents Charged With $700K Fraud Scheme
A Massachusetts couple was arrested this week for their alleged involvement in a scheme that defrauded at least 50 individuals or insurance providers of more than $700,000 through their insurance agency, BL Insurance Brokerage, LLC. Brendan Lawler and Lisa Lawler, …
People Moves: Novatae Risk Group Names Greggains as New Leader
Novatae Risk Group, the wholesale business of leading insurance brokerage World Insurance Associates, has announced that Richard Kerr, CEO, has left the firm effective Aug. 22, and its president, Nick Greggains, is assuming all of Kerr’s responsibilities effective immediately. Novatae …
Vermont Seeks Federal Disaster Declaration for July Rainstorm Damage
Vermont Governor Phil Scott has submitted a formal request to President Donald J. Trump for a major disaster declaration to help communities in Caledonia and Essex counties recover costs for repairing public infrastructure damage caused by rainfall and severe flooding …
Telecom Outage Halted Arriving Flights at Newark Airport, FAA Says
A telecom frequency outage prompted the Federal Aviation Administration Thursday to halt arriving flights at Newark Liberty International Airport for more than an hour, the latest tech issue to snarl flights at the airport near New York City. Flightradar24, a …
People Moves: Carpenter Taps Aon’s Goodman for Newly Created Role of Chief Client & Growth Officer; Aon Promotes Anderson as Head of Professional Services
This edition of International People Moves details appointments at the brokers Guy Carpenter and Aon. A summary of these new hires follows here. Carpenter Taps Aon’s Goodman for New Role of Chief Client & Growth Officer Guy Carpenter, the reinsurance …
Former Alfa Agent in Georgia Pleads Guilty to Misusing Premium Payments
A former Alfa insurance agent in Georgia pleaded guilty Wednesday to using more than $200,000 from one policyholder to cover other expenses, including the premium payments for other insureds. Jeremy Lasseter, of Warner Robins, Georgia, near Macon, was indicted in …