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Hub International Acquires Southern Colorado Insurance

3 months 1 week ago
Hub International Ltd. acquired the assets of SCIC LLC (Southern Colorado Insurance) in Colorado Springs, Colorado. Debbie Klisch, owner, and Andrew Klisch, president, and the Southern Colorado Insurance team will join Hub Colorado. Southern Colorado Insurance will be referred to …

Arkansas Fines PBMs $1.5M for Violating State Law

3 months 2 weeks ago
Arkansas Governor Sarah Huckabee Sanders and Insurance Department Commissioner Alan McClain announced Tuesday notices of penalties and hearings against four major pharmacy benefit managers (PBMs), Caremark, Magellan, Express Scripts, and MedImpact. These enforcement actions follow on the heels of a …

King Insurance Partners Acquires Lincoln Group in Georgia

3 months 2 weeks ago
King Insurance Parnters, based in Gainesville, Florida, continues to expand with the acquisition of Lincoln Insurance Group in McDonough, Georgia. Lincoln is an independent agency that offers auto, home, life and commercial inurance coverage, King said in a news release. …

EEOC Sues Illinois Contractor for Disability Discrimination

3 months 2 weeks ago
Alto Ingredients, Inc., a manufacturer of industrial and food-grade, corn-based alcohols, violated the Americans with Disabilities Act (ADA) when it terminated an electrician from its campus in Pekin, Illinois, because of his disability, the Equal Employment Opportunity Commission (EEOC) charged …

Viewpoint: Generative AI in Insurance Isn’t Working

3 months 2 weeks ago
The insurance industry is at a pivotal moment in embracing generative AI. According to the ISG Pulse Check State of the European Insurance Industry 2024, insurance firms are actively engaged in generative AI transformations and currently comprise nearly a quarter …
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