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Thu, 03 Dec 2020 06:44:45 +0000
Core Assurance Partners, Inc. has hired Rob Huber to the firm as deputy managing director of Core Assurance Atlanta, LLC, a newly formed subsidiary. In this role, Huber will be responsible for strategic growth in the Southeast, building synergies with …
Thu, 03 Dec 2020 06:36:09 +0000
Huckleberry, a small business insurance purchasing platform, has launched a new offering designed for small businesses impacted by pandemic-related stressors and costs. The Pandemic Business Interruption plan will be available in early 2021. The covera...
Thu, 03 Dec 2020 06:00:52 +0000
The National Labor Relations Board will file a complaint accusing Alphabet Inc.’s Google of unlawfully monitoring and questioning workers, who were fired for protesting against company policies and trying to organize a union, the former employees said ...
Thu, 03 Dec 2020 06:00:50 +0000
Global insurer Chubb announced that John Keogh, executive vice chairman of Chubb Group and chief operating officer, has been appointed president and chief operating officer, effective immediately. Keogh will continue to report to Evan G. Greenberg, cha...
Thu, 03 Dec 2020 06:00:41 +0000
La Jolla, Calif.-based Palomar Holdings Inc. has named Angela Grant chief legal officer. Grant will oversee all in-house and corporate counsel duties and will play a prominent role in regulatory, compliance and strategic matters. She has more than 30 y...
Thu, 03 Dec 2020 06:00:34 +0000
A group representing major automakers is unveiling a detailed proposal Wednesday aimed at making it easier to deploy thousands of self-driving vehicles in the coming years, according to a document seen by Reuters. The Alliance for Automotive Innovation...
Thu, 03 Dec 2020 06:00:18 +0000
A record-setting Atlantic hurricane season that saw the highest number of named storms officially came to a close Monday. The National Oceanic and Atmospheric Administration said the 2020 Atlantic hurricane season set multiple records while producing a...
Thu, 03 Dec 2020 02:20:14 +0000
Editor’s note: This is part of a series of articles based on panels and presentations during Insurance Journal’s 2020 Insuring Cannabis Summit on Nov. 19. There’s big money, and big opportunity for cannabis service and product providers, such as insura...
Wed, 02 Dec 2020 23:21:46 +0000
Judy Hein, 71, of Oxnard, Calif., was arraigned on five felony counts of insurance fraud after allegedly underreporting payroll for her Simi Valley roofing business by over $4 million, resulting in more than a $2 million loss to the State …
Wed, 02 Dec 2020 17:49:49 +0000
Port officials have begun clearing a shipping channel in Louisiana after sediments pushed into the waterway by hurricanes made the water too shallow for some vessels to pass safely. The work on Port Fourchon’s Belle Pass in Lafourche Parish began …
Wed, 02 Dec 2020 17:34:24 +0000
Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Heritage Insurance Service, Inc., an independent agency in Louisville, Ky. Terms of the acquisition were not disclosed. Heritage has been serving companies an...
Wed, 02 Dec 2020 17:21:43 +0000
Alera Group, an insurance firm headquartered in Deerfield, Mich., has acquired Lighthouse Group, an independent insurance agency with eight locations through Michigan. The acquisition was effective Dec. 1, 2020. Lighthouse Group provides employee benef...
Wed, 02 Dec 2020 17:18:35 +0000
Auto fatalities are up in Wisconsin despite there being fewer people on the road due to the coronavirus pandemic, a report released on Dec. 1 by the Wisconsin Policy Forum found. The report examined state crash data from March 14 …
Wed, 02 Dec 2020 17:17:35 +0000
A Detroit, Mich.-area funeral home has agreed to pay $250,000 to settle a lawsuit that led to a groundbreaking decision that protects gay, lesbian and transgender people from discrimination in employment. Aimee Stephens, 59, died weeks before the U.S. ...
Wed, 02 Dec 2020 17:14:29 +0000
A Central Texas county has closed its bars after area hospitalizations for COVID-19 exceeded a state mandated limit. Meanwhile in Houston, officials say they are having problems with some bars that have been allowed to reopen as restaurants but are …
Wed, 02 Dec 2020 16:36:44 +0000
U.S.-based Genworth Financial Inc. reported that Chinese officials have renewed their approval of China Oceanwide Holdings Group’s acquisition of Genworth’s Delaware-domiciled insurer, allowing the deal to proceed to meet other regulatory requirements....
Wed, 02 Dec 2020 16:25:43 +0000
California has asked hospitals to ramp up their coronavirus testing amid a surge of new cases, urging them to test health care workers at least once per week while testing all new patients before admitting them. California reported 7,787 confirmed …
Wed, 02 Dec 2020 16:07:04 +0000
Pennsylvania Governor Tom Wolf has vetoed a bill that would have expanded liability protection against COVID-19-related lawsuits for various businesses and entities in the state as they continue to grapple with coronavirus restrictions. House Bill 1737...
Wed, 02 Dec 2020 15:42:44 +0000
The 2020 hurricane season set records with the number of storms in Atlantic Ocean regions, but Hawaii escaped largely unscathed in the season that has now drawn to a close. The Central Pacific basin area experienced only an early tropical …
Wed, 02 Dec 2020 15:39:54 +0000
California will provide temporary tax relief and $500 million in aid to small businesses struggling because of coronavirus outbreak restrictions, Gov. Gavin Newsom announced Monday. The tax measures include a three-month automatic extension of the inco...
Wed, 02 Dec 2020 15:33:02 +0000
Fairfax Financial Holdings Ltd. announced it has entered into a binding agreement with CVC Capital Partners (CVC) to sell all of its interests in RiverStone Europe to private equity firm CVC Capital Partners for approximately $750 million. Fairfax also...
Wed, 02 Dec 2020 15:21:39 +0000
Specialty insurer Crum & Forster (C&F) has acquired the renewal rights of Aspen’s U.S. food and beverage product recall insurance portfolio written primarily through the excess and surplus lines market. The company said the Aspen underwriting team serv...
Wed, 02 Dec 2020 14:52:21 +0000
Hub International Ltd., the Chicago-based insurance brokerage, announced that it has acquired Seymour Alper Inc. Terms of the transaction were not disclosed. Located in Mount Royal, Quebec, Canada, Seymour Alper Inc. is an insurance and risk management...
Wed, 02 Dec 2020 14:20:10 +0000
Gale-force winds lashed much of the northeastern U.S. on Monday, prompting tornado watches and flash-flood warnings. “Hold on to your hats!” the National Weather Service in Boston tweeted as gusts exceeding 50 mph and heavy rainfall bore down on a …
Wed, 02 Dec 2020 14:07:53 +0000
Global insurance broker Lockton reports that three transaction liability advisors from Aon — Joshua Halpern, Gaurav Sud and Eric Ziff — have joined the firm to lead its mergers and acquisition (M&A) consulting offering. The company said these three...
Wed, 02 Dec 2020 13:26:55 +0000
A former Tesla Inc. factory employee will pay Elon Musk’s electric car maker $400,000 after it accused him of tipping reporters about alleged production inefficiencies and delays, a court filing shows. The payment by Martin Tripp, a former process tech...
Wed, 02 Dec 2020 11:57:17 +0000
COLOMBO – Sri Lanka evacuated 75,000 people from homes on the east coast, where Tropical Cyclone Burevi, packing winds of 80 kph to 90 kph (50 mph to 56 mph) is expected to hit the island nation late on Wednesday. …
Wed, 02 Dec 2020 11:24:58 +0000
AXIS Re, the reinsurance business segment of AXIS Capital Holdings Ltd., announced the hiring of David Bangs as head of Japan. Bangs joins AXIS Re from Willis Re Singapore where he served as executive director. Prior to that, he held …
Wed, 02 Dec 2020 11:01:22 +0000
Ballantyne Brokers Ltd., an independent London broker, announced it has started business. Founded by veteran London market brokers, Ross Ballantyne and Richard Spragg, the leadership team also includes David Ledger, former Aon Benfield chairman and Aon...
Wed, 02 Dec 2020 11:00:53 +0000
The Liberty Company Insurance Brokers has announced that Steve Borkowski and Caparo Insurance of Conshohocken, Penn., have joined the firm, becoming Liberty’s first partnership in the northeast U.S. The Liberty Company Insurance Brokers provides entrep...