September 21, 2020
Long Insurance Services, LLC.
Mon, 21 Sep 2020 06:54:30 +0000
The Villages Insurance Partners has added 3 former State Farm employees to its Personal Lines Insurance team. Specializing in home, auto and golf car insurance, Chelsea Allen, Julia Skillman and Lacey Maher collectively bring over 10 years’ experience ...
Mon, 21 Sep 2020 05:55:36 +0000
Imagine a scenario where COVID-19 was manufactured in a lab and was released as an act of terror. Tracey Gibbons, senior vice present, Underwriting, at Third Point Re, considers this possibility during a presentation for Carrier Management’s new series...
Mon, 21 Sep 2020 05:00:21 +0000
Smithfield Foods Inc. thought it was doing great. In the first quarter of this year, the pork giant’s earnings were up 190% over the same period in 2019. Then the pandemic hit, and the close quarters of meatpacking plants made …
Mon, 21 Sep 2020 05:00:03 +0000
Facebook has told Ireland’s High Court it cannot see how its services could operate in the European Union if regulators freeze its data transfer mechanism, the Sunday Business Post reported, citing court documents seen by the paper. The U.S. social …
Mon, 21 Sep 2020 05:00:02 +0000
With precision and boundless energy, a team of carpenters used medieval techniques to raise up — by hand — a three-ton oak truss Saturday in front of Notre Dame Cathedral, a replica of the wooden structures that were consumed in …
Mon, 21 Sep 2020 04:58:18 +0000
USI Affinity and the American Bar Association (ABA) have partnered with Crum & Forster to offer a cyber liability insurance program for law firms nationwide. As the broker for the ABA Insurance Program, which provides insurance and financial products f...
Mon, 21 Sep 2020 00:48:28 +0000
MetLife is pursuing a sale of its property/casualty auto and home insurance business, according to a report by analysts following the company Keefe, Bruyette & Woods (KBW) analysts, Ryan Krueger and Meyer Shields, said the insurer is looking at a …
Sun, 20 Sep 2020 18:00:43 +0000
Next Insurance is in talks to raise new capital in a round that values the insurance technology startup at about $2.25 billion, according to people familiar with the matter. Alphabet Inc.’s CapitalG is in talks to lead the roughly $250 …
Fri, 18 Sep 2020 21:32:49 +0000
The number of independent medical reviews used to resolve California workers’ compensation medical disputes fell sharply in the first half of 2020 as the pandemic took a toll on the state’s economy with statewide unemployment spiking to a record level …
Fri, 18 Sep 2020 17:53:27 +0000
Arthur J. Gallagher & Co. has acquired Kingman, Ariz.-based Erin P. Collins & Associates Inc. Erin Collins and his associates will continue to operate from their current locations under the direction of Scott Gregory, head of Gallagher’s Southwest regi...
Fri, 18 Sep 2020 16:50:49 +0000
Rains may bring some reprieve to those suffering from massive blazes in the Pacific Northwest in the next few weeks, but forecasters don’t expect any help for wildfire-plagued California anytime soon. That’s according to briefing call on Friday morning...
Fri, 18 Sep 2020 16:46:53 +0000
This “Is It Covered?” column will examine two real-life claims from the Dakotas involving frozen pipes – one personal lines and the other commercial lines. Both are good examples of how policy language usually governs, even if the result defies …
Fri, 18 Sep 2020 16:44:30 +0000
A foreman who oversees dock workers at Georgia’s busy shipping terminal for automobiles said Tuesday he saw no problems as hundreds of cars and trucks were loaded onto the cargo ship Golden Ray shortly before the vessel overturned after leaving …
Fri, 18 Sep 2020 16:29:47 +0000
Great American Insurance Group’s Alternative Markets Division has launched a new program for golf and country clubs across the United States in conjunction with VGM Insurance Services. The program based out of Waterloo, Iowa, was awarded to Great Ameri...
Fri, 18 Sep 2020 14:30:14 +0000
Four days before it was scheduled to go live, organizers of the popular annual insurance and technology conference, InsureTech Connect, announced they are postponing the now virtual 2020 conference by one month, ITC will now run from Oct. 19- Oct. …
Fri, 18 Sep 2020 14:12:03 +0000
Crew members on a dive boat say they were never instructed on emergency procedures before a predawn fire swept through the vessel as it was anchored off the Southern California coast, killing 34 people as they slept below deck, according …
Fri, 18 Sep 2020 13:55:29 +0000
Hurricane Sally is not expected to cause a major insurance loss – compared to events such as the ongoing wildfires in California, Oregon, and Washington, or Hurricane Laura, according to AM Best. As the storm was more of a flood …
Fri, 18 Sep 2020 13:37:32 +0000
New York state filed civil charges on Thursday accusing Johnson & Johnson of insurance fraud for downplaying the risks of opioid painkillers, including to doctors and elderly patients. Governor Andrew Cuomo said the charges by New York’s Department of ...
Fri, 18 Sep 2020 13:34:23 +0000
KMRD Partners has hired Greg Chaples to its team as a sales and relationship manager in its Warrington, Penn., office. KMRD Partners is a risk management and human capital consulting and insurance brokerage firm with offices located throughout Pennsylv...
Fri, 18 Sep 2020 13:25:30 +0000
Lower-middle-market private equity firm Huron Capital announced that its full-service insurance brokerage platform, High Street Insurance Partners, has acquired Tracy, Driscoll & Co. Inc. and Millennium Alliance Group LLC (MAG). Both agencies will supp...
Fri, 18 Sep 2020 12:07:12 +0000
Beazley has restructured its Executive Risk leadership structure in the United States, which aims to support greater knowledge sharing and collaboration within the global executive risk teams and will focus on developing innovative insurance solutions ...
Fri, 18 Sep 2020 08:53:51 +0000
The European Union’s Brexit negotiator told the bloc’s 27 national envoys to Brussels that he still thinks a trade deal with Britain is possible despite a new crisis in the tortuous four-year saga, diplomatic sources told Reuters. Britain left the …
Fri, 18 Sep 2020 08:46:49 +0000
Former Bank of England Governor Mark Carney will join the advisory board of PIMCO, one of the world’s biggest bond investment companies, adding to his existing roles with the United Nations and a Canadian asset manager. Carney will work alongside …
Fri, 18 Sep 2020 08:35:43 +0000
Londoners are slowly returning to work in offices, factories and stores after children went back to school at the start of the month. Data compiled by Google show workplace attendance has increased slightly in three of the UK capital’s main …
Fri, 18 Sep 2020 08:23:03 +0000
Speaking at one of the many virtual conferences that took place in early September, Dan Malloy, chief executive officer of Bermuda-based Third Point Reinsurance, offered an anecdotal view of the reinsurance market from a broker he knows. “It isn’t a …
Fri, 18 Sep 2020 07:50:10 +0000
Convex Group Ltd., the specialty insurer and reinsurer, announce that Matt Paskin has been appointed as CEO of Convex Re Ltd. (Bermuda) and Theo Butt has been appointed as CEO of Convex Insurance UK Ltd. (London). These appointments are subject …
Fri, 18 Sep 2020 07:34:17 +0000
The Insurance Development Forum (IDF), a public-private partnership led by the insurance industry and supported by international organizations, announced the launch of an insurance program for Peru’s public schools. The program is the result of a grant...
Fri, 18 Sep 2020 07:15:22 +0000
Whether they are convinced that they absolutely need them or not, some reinsurers aim to try to put pandemic exclusions into casualty reinsurance contracts next year, a reinsurance broker representative revealed recently. Amanda Nguyen, U.S. Casualty S...
Fri, 18 Sep 2020 06:56:29 +0000
Gallagher Bassett Services Inc. (GB), based in Rolling Meadows, Ill., has launched the GB Transportation Major Case Unit (MCU), a claims handling center that focuses solely on clients’ most severe, complex and high exposure claims. Transportation Pract...
Fri, 18 Sep 2020 06:49:21 +0000
Two St. Martin Parish, Louisiana, insurance producers have been hit with Cease and Desist Orders and fines for allegedly misappropriating premium funds, Louisiana Department of Insurance (LDI) reported. The department said Tasey Ann Tolliver-Alexander ...