September 20, 2017
Halcyon Underwriters
Wed, 20 Sep 2017 04:11:10 +0000
The owner of a Ferris wheel in which four people were injured in Tennessee last year has responded to lawsuits over the incident, saying that one of the injured children was to blame for a gondola overturning. The Greeneville Sun …
Wed, 20 Sep 2017 04:02:37 +0000
Authorities say three people suffered injuries in a chemical explosion at a Florida warehouse. Lakeland Fire Department officials said about 50 people were eflvacuated from the area around the Natural Advantage Food Flavorings plant on Friday afternoon...
Wed, 20 Sep 2017 04:00:32 +0000
Florida’s agriculture commissioner said Monday that the path of Hurricane Irma “could not have been more lethal” to the state’s farmers and that the scope of damage to the state’s fruits and vegetables is unprecedented. Commissioner Adam Putnam, along ...
Tue, 19 Sep 2017 19:21:41 +0000
It’s David vs. Goliath. That about sums up California Insurance Commissioner Dave Jones’ feelings on his efforts to keep the remnants of Obamacare up and running in his state while President Trump does his best to repeal and replace it. …
Tue, 19 Sep 2017 18:51:46 +0000
Liberty Mutual Insurance has appointed Gregg Cunningham as executive vice president, National Insurance, and general manager, National Insurance Property. Cunningham, who has 25 years of commercial insurance experience, leads the area of Liberty Mutual...
Tue, 19 Sep 2017 16:19:24 +0000
A U.S. Census Bureau report has found that Indiana had 373,000 fewer people without health insurance last year than three years earlier. The report released last week said about 8 percent of Indiana residents, or about 530,000 people, lacked medical …
Tue, 19 Sep 2017 16:16:29 +0000
Iowa’s governor and the organization that sets workers’ compensation rates are disputing whether a new law influenced a recent rate reduction in premiums for employers. The National Council on Compensation Insurance announced an 8.7 average premium red...
Tue, 19 Sep 2017 16:05:51 +0000
Bold Penguin, a Columbus, Ohio-based insurtech providing an online marketplace for commercial lines property and casualty (P/C) agents, has hired former Ohio Deputy Treasurer Seth Metcalf as the company’s chief financial officer (CFO). Most recently, M...
Tue, 19 Sep 2017 15:13:53 +0000
Rain snow and cold have replaced heat and smoke after about two dry months on Montana’s fire lines, leaving crews scrambling for extra sleeping bags, heaters, coats and long underwear. While the change in weather is welcome, it brings its …
Tue, 19 Sep 2017 15:11:24 +0000
The Lawsuit Reform Alliance of New York (LRANY) today will join the New York State Association for Affordable Housing (NYSAFAH), Habitat for Humanity, MWBE contractors and other construction and business organizations to applaud Rep. John Faso for intr...
Tue, 19 Sep 2017 15:11:02 +0000
A Magnitude 5.1 earthquake shook Alaska about 135 miles northwest of the state’s capital city Juneau, the Alaska Earthquake Center confirmed. Coincidentally, the City and Borough of Juneau’s Disaster Preparedness Expo was winding down as the earthquake...
Tue, 19 Sep 2017 14:53:19 +0000
Dietz, Gilmor & Chazen has promoted Robert E. Robinson, Richard A. Lynn and Robert Lance to partners in the firm in California. All three newly promoted partners were previously with Dietz, Gilmor & Associates, before the firm became Dietz, Gilmor …
Tue, 19 Sep 2017 14:51:57 +0000
The Hilb Group LLC (THG), a property and casualty insurance and employee benefits broker based in Richmond, Va., has announced the acquisition of Massachusetts-based Mid-State Insurance Agency Inc. (MSIA). The transaction became effective September 1, ...
Tue, 19 Sep 2017 14:03:25 +0000
In response to the recent cyberattack that exposed the personal private data of nearly 150 million consumers nationwide, New York Governor Andrew M. Cuomo has directed the New York Department of Financial Services (DFS) to issue new regulation making c...
Tue, 19 Sep 2017 13:44:22 +0000
It sounds like a Hollywood disaster movie. A Category 5 hurricane churning in the mid-Atlantic suddenly veers northwest – and heads straight for New York City. The good news is that, for now, experts agree a Cat 5-sized deluge appears …
Tue, 19 Sep 2017 12:29:40 +0000
Two weeks ago, Puerto Rico was spared a devastating hit when Hurricane Irma ripped up the Caribbean. This time, it may not be so lucky. The bankrupt island, already contending with the aftermath of a storm that left as much …
Tue, 19 Sep 2017 09:18:55 +0000
Ed, the global reinsurance, wholesale and specialty broker, has announced the appointment of Minesh Jani as chief executive of Middle East North America (MENA), India and Indian sub-continent. Jani brings two decades of reinsurance experience to Ed. He...
Tue, 19 Sep 2017 05:00:44 +0000
As the U.S. Congress moves quickly to pass the first federal law governing self-driving cars, some state and city officials are pushing back over fears that the measure will limit their ability to regulate vehicle safety at the local level. …
Tue, 19 Sep 2017 05:00:30 +0000
A Qatari insurance company is closing its branch in Abu Dhabi because authorities there have not renewed its license, a sign of how the region’s diplomatic crisis is starting to have long-term effects on its economy. Qatar’s stock index also …
Tue, 19 Sep 2017 05:00:14 +0000
Insurers are counting on real-time technology to help them cut back payouts, from a system warning ships of nearby pirates to an app offering to buy sleepy drivers a coffee on the motorway. The lure of products promising to save …
Tue, 19 Sep 2017 04:48:21 +0000
With many agents currently assisting clients in determining if they have claims and the insurance claim filing process in the aftermath of Hurricane Irma, one most common question received by the Florida Association of Insurance Agents has been: Should...
Tue, 19 Sep 2017 04:38:11 +0000
Federal authorities say a West Virginia man has been sentenced to almost three years in prison for a staged vehicle crash, faked injuries and false insurance claim for a $41,000 settlement. According to prosecutors, 34-year-old Michael Sine, of Fairmon...
Tue, 19 Sep 2017 04:28:48 +0000
The National Center for Disaster Fraud (NCDF) along with U.S. Attorneys’ Offices in the District of Puerto Rico, Southern District of Florida, Middle District of Florida and Northern District of Florida have formed task forces comprised of local, state...
Tue, 19 Sep 2017 04:18:17 +0000
Florida policyholders so far have filed nearly $2 billion in claims to insurers for damage from Hurricane Irma, the state’s insurance regulator said on Monday. The estimate of insured losses is based on preliminary statewide data that insurers filed wi...
Tue, 19 Sep 2017 04:15:20 +0000
Markel Corporation has enhanced its policy form and protections for hard-to-insure law firms which can no longer secure coverage in the admitted markets. This coverage is available on an excess and surplus (E&S) lines basis using a claims-made policy f...
Tue, 19 Sep 2017 03:32:19 +0000
ZhongAn Online P&C Insurance Co., China’s largest online insurer, started taking orders for a Hong Kong initial public offering that could raise as much as $1.5 billion. The Shanghai-based company is offering 199.3 million new shares at HK$53.70 to HK$...
Tue, 19 Sep 2017 02:14:41 +0000
Hurricane Maria caused “mind boggling damage,” ripping off roofs across the small island of Dominica before pushing on toward the U.S. Virgin Islands and Puerto Rico on Tuesday as the second top-strength storm to lash the Caribbean this month. Maria …
Tue, 19 Sep 2017 01:39:57 +0000
Hotchkiss Insurance Programs LLC, based in Dallas, has appointed Timothy Sunderman as president. He will assume operational responsibility and will report to Michael Hotchkiss, the company’s chief executive officer. Sunderman’s primary focus will be to...
Tue, 19 Sep 2017 01:31:37 +0000
Chicago-based insurance brokerage Hub International Limited (Hub), has acquired the assets of Benefit Advisory Group LLC (Benefits Advisory Group), with offices in New Orleans and Baton Rouge, La. Terms of the acquisition were not disclosed. Benefit Ad...
Tue, 19 Sep 2017 01:28:37 +0000
The man tasked with overseeing Texas’ Hurricane Harvey rebuilding efforts sees his job as “future-proofing” before the next disaster, but he isn’t empowered on his own to reshape flood-prone Houston or the state’s vulnerable coastline, which has been w...