September 19, 2019
Thu, 19 Sep 2019 23:24:12 +0000
Managing general agency and surplus lines broker J.M. Wilson has promoted Liam Davis to assistant personal lines underwriter in its Portage, Michigan, office. Davis is responsible for assisting underwriters on a wide variety of property and casualty ri...
Thu, 19 Sep 2019 23:09:43 +0000
The Texas Department of Insurance is accepting comments on proposed rules to implement Senate Bill 1264, which protects consumers who have state-regulated health plans from surprise medical bills in certain situations. The proposed rules establish proc...
Thu, 19 Sep 2019 22:46:35 +0000
Flooding from Tropical Storm Imelda on Thursday left hundreds of people trapped in their homes and cars; led to water rescues, a hospital evacuation and power outages; and closed entire school districts, according to officials and local media. The floo...
Thu, 19 Sep 2019 20:36:31 +0000
Buying some green bud at a dispensary shouldn’t be much different than purchasing a green pepper at the supermarket. That’s how Rocco Petrilli, a long-time insurance and risk management consultant to the auto industry, sees it. Petrilli, like many who …
Thu, 19 Sep 2019 16:58:03 +0000
Specialist insurer Beazley has launched a comprehensive policy designed to cover infringements of Title IX, the federal law prohibiting discrimination based on sex in any public education program. The policy provides coverage for employment practices l...
Thu, 19 Sep 2019 16:57:45 +0000
The Texas Department of Insurance has extended the period in which recent rate increase request by the Texas Automobile Insurance Plan Association (TAIPA) may be approved. TAIPA, the state’s auto insurer of last resort, on Sept. 11, 2019, filed a …
Thu, 19 Sep 2019 16:54:11 +0000
West Virginia officials say a 40-year-old coal mine electrician has died in an accident. The West Virginia Office of Miners’ Health, Safety and Training says Steven Vernon Keeney of Sylvester died of injuries from an apparent electrical shock. The acci...
Thu, 19 Sep 2019 16:52:24 +0000
Gulfstream Property and Casualty Insurance Co. has appointed appointment of Lisa B. Thompson to general counsel, vice president of Legal & Compliance. Prior to joining Gulfstream, Thompson served as senior vice president of legal and compliance for Ban...
Thu, 19 Sep 2019 16:40:56 +0000
Calendar entries and documents show that California Insurance Commissioner Ricardo Lara, not his fundraiser, made first contact with an agent of a workers’ compensation insurance company offering political support in conjunction with seeking approval f...
Thu, 19 Sep 2019 16:26:29 +0000
Wholesale insurance broker and underwriting manager, Burns & Wilcox, has relocated and expanded its office in downtown Chicago. The new office, which houses Burns & Wilcox and Burns & Wilcox Brokerage, is located downtown at 111 S. Wacker. Burns & …
Thu, 19 Sep 2019 16:16:46 +0000
The owner of a Nebraska dry cleaning business that burned following an explosion last year has been charged with arson and insurance fraud. The Sarpy County Attorney’s Office says in news release that 53-year-old Michael McKernan, owner of the Wardrobe …
Thu, 19 Sep 2019 16:16:08 +0000
Workers’ compensation insurer, Texas Mutual Insurance Co., has awarded a dividend of $623,341 to the Lone Star Auto Dealers Association (LSADA) Safety Group, which includes franchised auto, truck, RV, boat and motorcycle dealerships. This year’s divide...
Thu, 19 Sep 2019 16:15:33 +0000
Ohio Department of Insurance reported that Director Jillian Froment has been appointed to serve on the Federal Advisory Committee on Insurance (FACI). The committee provides advice and recommendations to the Federal Insurance Office (FIO). FACI was est...
Thu, 19 Sep 2019 16:13:31 +0000
The U.S. Army Corps of Engineers has proposed a $160 million plan to shore up levees around Oklahoma’s second largest city that have been weakened by periodic flooding. The Corps released a feasibility study that recommends altering existing levees and …
Thu, 19 Sep 2019 16:12:53 +0000
Landowners in South Dakota have received over $700,000 in a lawsuit accusing a federal agency of burning their properties in an April 2013 prescribed fire that blazed out of control, destroying more than 10,000 acres. The U.S. Forest Service aimed …
Thu, 19 Sep 2019 16:12:19 +0000
An Arkansas panel has approved new rules for the use of an herbicide that has drawn complaints from farmers who say it has drifted onto their crops and caused damage. The Plant Board has approved an amended rule for the …
Thu, 19 Sep 2019 15:35:50 +0000
Six insurance agencies from across the country have joined together to form a program specifically for investors and innovators behind technology innovations for insurance agencies and brokerages. The new entity, BrokerTech Ventures, aims to invest in ...
Thu, 19 Sep 2019 15:33:17 +0000
Tesla Inc.’s Model 3 electric sedan has earned the top safety rating from the Insurance Institute of Highway Safety (IIHS), becoming the first Tesla to do so. The IIHS has given the Model 3 its highest rating, top safety pick+. …
Thu, 19 Sep 2019 14:49:10 +0000
A Northern California store as agreed to pay $1.2 million to settle claims that a supervisor sexually assaulted employees in a walk-in freezer. The California Department of Fair Employment and Housing announced a settlement this week with 99 Cents Only …
Thu, 19 Sep 2019 14:46:14 +0000
The Idaho Department of Insurance revoked the insurance producer license of Bryce Joseph Vance for violations of the Idaho Insurance Code and imposed an administrative penalty of $46,000. Vance was charged and admitted to violations of Idaho Code, Titl...
Thu, 19 Sep 2019 13:58:29 +0000
For those who want to move out of a flood zone, the wait time for a home buyout can stretch five years or more, according to the Natural Resources Defense Council (NRDC), which analyzed nearly 30 years of data from …
Thu, 19 Sep 2019 13:15:49 +0000
Lloyd’s plans to set up an office in Miami to support business development in the Latin American and Caribbean markets. “Latin America is a key market for Lloyd’s, with premium close to US$1.5 billion,” said Daniel Revilla, regional head, Latin …
Thu, 19 Sep 2019 13:02:34 +0000
Jacobson, Goldfarb & Scott Inc. (JGS Insurance) has acquired the John Manougian Insurance Agency (JMI) located in Silver Spring, Md. Following the acquisition, JMI Founder John Manougian will remain as a consultant, while Chris Manougian and Robin Mano...
Thu, 19 Sep 2019 13:01:57 +0000
The top U.S. consumer watchdog will keep consumer complaints against financial firms public despite pressure from the companies, but the agency said on Wednesday it will make changes to the way those complaints are filed. The decision to retain the …
Thu, 19 Sep 2019 12:54:54 +0000
New Jersey Governor Phil Murphy has signed Executive Order No. 83, directing the New Jersey Department of Treasury, the Division of Purchase and Property, and the New Jersey Department of Banking and Insurance to promote responsible gun safety practice...
Thu, 19 Sep 2019 12:40:55 +0000
A Delaware woman has been indicted by a Sussex County Grand Jury for two counts of insurance fraud and one count of identity theft following an investigation by the Delaware Department of Insurance Fraud Prevention Unit. Janet Lane, 59, formerly …
Thu, 19 Sep 2019 12:36:12 +0000
World Insurance Associates LLC (WIA) acquired Bucci Insurance Group of West Warwick, R.I., on September 1, 2019. Terms of the transaction were not disclosed. Founded in 1981, Bucci Insurance Group serves the New England community with personal, commerc...
Thu, 19 Sep 2019 06:50:34 +0000
Markel Corp. announced it has hired Brenton “Brent” Slade as president of Lodgepine Capital Management Ltd., its new retrocessional insurance linked securities (ILS) fund based in Bermuda. Slade comes to Lodgepine from Hamilton Capital Partners, where ...
Thu, 19 Sep 2019 06:45:46 +0000
Arch Insurance (UK) Ltd., in collaboration with Marsh, the insurance broker and risk adviser, announced the launch of Blue Vault, a new solution to provide insurance protection for the secure storage of digital asset private keys held in traditional va...
Thu, 19 Sep 2019 06:45:27 +0000
Atlantia SpA Chief Executive Officer Giovanni Castellucci resigned as leader of the Benetton family infrastructure unit, 13 months after a fatal bridge collapse in Genoa sparked an investigation into maintenance practices. Castellucci, who spearheaded ...