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Minnesota School District Sued by Parents of Students Who Were Sexually Exploited
The parents of two students are suing the Bemidji school district, alleging it was negligent in allowing a former assistant principal to sexually exploit their children. Brandon Bjerknes, who was arrested in 2017, is serving a federal prison sentence for …

POSTED JANUARY 17, 2020 5:33 PM
Brown & Brown Acquires Assets of Texas All Risk
Brown & Brown Inc. through its subsidiary, Hull & Company LLC, has acquired substantially all of the assets of Dallas-based Texas All Risk, a managing general agent (MGA) placing a wide range of property/ casualty insurance for businesses and individuals …

POSTED JANUARY 17, 2020 5:24 PM
Hurricane Dorian’s Bahamas Storm Toll: $3.4 Billion in Damages, 3 Years of Rebuilding
The Bahamas may need to tap international debt markets as it confronts the steep cost of recovering from the most destructive hurricane ever to hit the islands. The government will probably borrow about $500 million in coming months as it …

POSTED JANUARY 17, 2020 5:02 PM
California Lawmaker Wants Probe of PG&E’s Chief Regulator
A state lawmaker is demanding an extensive review of the California Public Utilities Commission to determine whether regulators’ lax oversight enabled neglect at Pacific Gas & Electric that triggered catastrophic wildfires, a messy bankruptcy and exasperating blackouts. The request by …

POSTED JANUARY 17, 2020 4:40 PM
California Sleep Apnea Company Pays $37.5M to Settle Kickback Lawsuits
ResMed, a San Diego, Calif.-based company that sells sleep apnea machines, will pay $37.5 million to settle allegations that it provided kickbacks to obtain customer referrals, federal prosecutors announced this week. The settlement covers five whistleblower lawsuits filed on behalf …

POSTED JANUARY 17, 2020 4:36 PM
Forex Firm Travelex Resumes Customer-Facing Operations After Ransomware Attack
More than two weeks after a crippling ransomware attack forced Travelex staff to use pen and paper to calculate foreign currency exchanges, the company said the first of its customer-facing systems in Britain was up and running again. The cyber …

POSTED JANUARY 17, 2020 4:24 PM
USG Adds Aguilar as a Producer in Arizona
USG Insurance Services Inc. has named Jay Aguilar a producer/broker in commercial lines in the Scottsdale, Ariz. office. Aguilar will work to expand USG’s Southwestern territory. Aguilar has 23 years of insurance industry experience, most recently at Agents Alliance Services. …

POSTED JANUARY 17, 2020 4:18 PM
MGA Incubator Castel Taps Carlos from Arch Insurance as Head of Specialty
Castel Underwriting Agencies Ltd., the managing general agent and club-style MGA formation platform, has announced the appointment of Raoul Carlos as head of Specialty as it structures its underwriting cells and MGAs into a number of centres of excellence focused …

POSTED JANUARY 17, 2020 3:26 PM
Three Massachusetts Workers Shocked When Scaffolding Touches Power Line
Three people were injured, one critically, on Tuesday when scaffolding they were working with at a Massachusetts home came in contact with power lines, police said. Beverly police responded to a report that two workers had fallen from the roof …

POSTED JANUARY 17, 2020 3:06 PM
SterlingRisk Insurance Promotes DelPrete to President of Programs
SterlingRisk Insurance, a Woodbury, N.Y.-based independently owned insurance brokerage, has promoted Geraldine DelPrete to president of Programs. According to SterlingRisk CEO David Sterling in a company press release, DelPrete’s background in reinsurance and underwriting and understanding of programs has directly …

POSTED JANUARY 17, 2020 3:04 PM

Business and financial news - CNNMoney.com

7 things to know before the bell
Read full story for latest details.

POSTED OCTOBER 04, 2018 5:10 AM
SoftBank and Toyota want driverless cars to change the world
Softbank and Toyota are partnering on an effort to use autonomous vehicles and other technologies to change the world of transportation.

POSTED OCTOBER 04, 2018 5:27 AM
Aston Martin falls 5% in its London IPO
Aston Martin is joining the ranks of listed automakers with an IPO that values the British company at more than $5 billion.

POSTED OCTOBER 03, 2018 11:54 PM
Barnes & Noble stock soars 20% as it explores a sale
Barnes & Noble jumped more than 20% after it said it would review a sale of the troubled company.

POSTED OCTOBER 03, 2018 7:59 PM
Why it's time for investors to go on the defense
Howard Marks, co-chairman of Oaktree Capital, explains why investors should start treading lightly.

POSTED OCTOBER 03, 2018 11:28 PM
The Toys 'R' Us brand may be brought back to life
Bankrupt toy retailer tells bankruptcy court it is looking at possibly reviving the Toys 'R' Us and Babies 'R' Us brands.

POSTED OCTOBER 03, 2018 11:54 PM
The internet industry is suing California over its net neutrality law
Broadband trade groups and the DOJ have filed lawsuits over California's days-old law protecting net neutrality.

POSTED OCTOBER 03, 2018 5:46 PM
Priyanka Chopra is helping Bumble expand in India
It's the latest online dating app to compete for the hearts of women in India.

POSTED OCTOBER 03, 2018 1:40 PM
Microsoft unveils new Surface devices
Microsoft announced a new version of its desktop computer Surface Studio, and its first pair of smart headphones. It also announced the Surface Pro 6 and Surface Laptop 2.

POSTED OCTOBER 02, 2018 11:46 PM
Getting health insurance through work now costs nearly $20,000
Family health insurance now costs employers and workers nearly $20,000 a year, on average, according to a new report.

POSTED OCTOBER 03, 2018 10:02 AM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does JSM Brokerage Inc. confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.





 
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