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Risk Strategies makes purchase – Business Insurance

Broker Risk Strategies said Wednesday it has acquired the assets of Zia Insurance Services, Tyra Enterprises and Capitol Insurance Services. The Santa Fe, New Mexico-based firms will become part of the Risk Strategies West Region and report to Pat Roth, West Region leader. Led by...

Insured windstorm losses increase – Business Insurance

PERILS AG has raised its industry loss estimate for Windstorm Éowyn by 7% to 747 million euros ($864 million), Artemis reported. The January 2025 storm, which struck Ireland, Northern Ireland and central Scotland with gusts up to 115 miles per hour, caused the...

NJM Insurance Group Appoints Carol Voorhees as CEO

Carol Voorhees The Board of Directors of NJM Insurance Group formally approved Carol Voorhees to the position of President & Chief Executive Officer at its meeting on July 25. Voorhees most recently served as Executive Vice President & Chief Operating Officer. She becomes the first woman and...

Applied Underwriters launches MGA – Business Insurance

Applied Underwriters on Monday announced the launch of Innovation Risk, a managing general agent. The unit will focus on casualty, accident and life insurance in the United States and the European Union, the company said. Omaha, Nebraska-based Applied Underwriters launched United Risk, a separate MGA...

Skechers calls lawsuit sketchy – Business Insurance

Skechers USA Inc. said Monday that it will vigorously defend a patent suit filed in Texas federal court Thursday by Kizik Design LLC, which alleges in essence that Skechers’ entire Hands Free Slip-ins line infringes on Kizik’s patents. The company calls Kizik’s lawsuit “baseless.” It...