News Center
News – Insurance Journal
Louisiana Homeowners Insurer Americas Placed In Receivership
Louisiana Insurance Commissioner Jim Donelon has placed a homeowners insurance company in receivership after the insurer suffered losses from the combination of Hurricanes Laura, Delta and Zeta in 2020 and Hurricane Ida in 2021. Americas Insurance Company was into receivership …
POSTED JANUARY 24, 2022 5:58 PM |
Sarah Palin’s Positive COVID Test Delays New York Times Defamation Trial
Sarah Palin, the 2008 Republican U.S. vice presidential candidate and former Alaska governor, has tested positive for the coronavirus, forcing a U.S. judge on Monday to delay her defamation trial against The New York Times. Jury selection and opening statements …
POSTED JANUARY 24, 2022 5:27 PM |
People Moves: Brown & Brown Welcomes Zurich’s Batta; Hartford’s Vaughn to Global Specialty; Chubb Names Spitzer Treasurer, Harkin North America CFO
Brown & Brown Names Batta, Raveling, Kusserelis to Key Posts Brown & Brown, a national insurance brokerage firm, has elevated three people to senior leadership positions, the company announced. Anurag Batta, who previously was chief operating officer at Zurich North …
POSTED JANUARY 24, 2022 5:22 PM |
Feds: Louisiana Worker Who Fell 50 Feet Didn’t Wear Lifeline
A worker on a crew replacing corroded grating on an oil platform wasn’t wearing his safety lifeline when he fell to his death off Louisiana in May 2020, the federal offshore safety agency says. The man stood on grating after …
POSTED JANUARY 24, 2022 5:18 PM |
MGA Pen Underwriting Forms 2 New Capacity Deals With QBE Worth £300M
Pen Underwriting announced two new long-term UK capacity deals with QBE in the highly specialist areas of public authority and higher education risks, as well as hazardous goods, environmental industries and tanker transportation. The renewed agreements build on strategic partnerships …
POSTED JANUARY 24, 2022 5:13 PM |
USI Acquires Texas’ D&H Risk Services
USI Insurance Services has acquired Longview, Texas-based D&H Risk Services LLC. Founded in 1936, D&H Risk Services is an independent risk management and employee benefits agency serving businesses and individuals throughout Texas. Terms of the transaction were not disclosed. USI …
POSTED JANUARY 24, 2022 5:09 PM |
People Moves: Marsh Promotes Payne to UK Chair of FINPRO; WTW Hires Smith From Lloyd’s for Digital Trading; Aon Bolsters UK Operations’ Team With 2 Hires
This edition of International People Moves details appointments at Marsh, Willis Towers Watson (WTW) and Aon. A summary of these new hires follows here. Marsh Promotes Payne to UK Chair of FINPRO, Morgan as Head of Professional Liability Insurance broker …
POSTED JANUARY 24, 2022 4:36 PM |
Insurtech Root Lays Off 330 Employees as Loss Costs Increase
Technology company Root Inc., the Columbus, Ohio-based parent company of Root Insurance, announced yesterday that it has laid off approximately 330 team members throughout its business. Co-Founder and CEO Alex Timm in an emailed statement cited pandemic losses as factoring …
POSTED JANUARY 24, 2022 4:30 PM |
Federal Judge Says RICO Lawsuit vs. United P&C Must be Revised
A federal judge in Tampa has ordered a roofing contractor to revise its lawsuit complaint, which alleges racketeering law violations against United Property & Casualty Co., after the original complaint failed to meet federal court rules. “Upon review, the Court …
POSTED JANUARY 24, 2022 4:22 PM |
Hundreds Evacuated as Crews Battle California Wildfire
Hundreds of residents remained evacuated Sunday as crews battled a wildfire in rugged mountains along the California coast that forced the closure of the main roadway near Big Sur. One structure, a yurt, was destroyed by the blaze that broke …
POSTED JANUARY 24, 2022 3:44 PM |
Yahoo News - Latest News & Headlines
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 A-Affordable Insurance 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.
|