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24 09, 2015

Hyundai Fire & Marine Enters California Homeowners Market

By | September 24th, 2015|Recent Articles|Comments Off on Hyundai Fire & Marine Enters California Homeowners Market

King Insurance has created a strategic partnership with Hyundai Marine & Fire Insurance Co. to sell Hyundai’s recently filed, California Homeowner Insurance products. Policies will be sold through King’s independent agent network. Hyundai Marine & Fire Insurance Co. is a …

24 09, 2015

Tax Liens Against Ohio Insurance Agents Surpass $15M

By | September 24th, 2015|Recent Articles|Comments Off on Tax Liens Against Ohio Insurance Agents Surpass $15M

Ohio Lieutenant Governor Mary Taylor announced that as of September 2015 the insurance agent tax lien program has collected or set-up payment plans totaling $15,149,631 in unpaid income tax, sales tax and workers’ compensation premium payments. Taylor introduced the program …

23 09, 2015

Texas Goes From Drought to Flood to Drought in 60 Days

By | September 23rd, 2015|Recent Articles|Comments Off on Texas Goes From Drought to Flood to Drought in 60 Days

Across eastern Texas, parts of Louisiana and Mississippi the land went from moist to parched in a matter of weeks. Drought, which had been eradicated in Texas last spring, returned and spread across the South, reaching as far as the …

24 09, 2015

Barrett Appointed Chief Financial Officer of Hamilton Underwriting Limited

By | September 24th, 2015|Recent Articles|Comments Off on Barrett Appointed Chief Financial Officer of Hamilton Underwriting Limited

Hamilton Underwriting Limited, the managing agency of Lloyd’s Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, announced that Simon Barrett has been appointed to the position of chief financial officer. Barrett reports to managing agency Chief Executive Officer …

24 09, 2015

A.M. Best: Sub-Saharan Re/Insurance Markets Attract Capacity Despite Challenges

By | September 24th, 2015|Recent Articles|Comments Off on A.M. Best: Sub-Saharan Re/Insurance Markets Attract Capacity Despite Challenges

Much has been said in recent years about the opportunities presented by the buoyant strides in economies across the African continent together with challenges that market participants have to overcome; the continent’s re/insurance industry is no exception, according to a new report …

24 09, 2015

Atlanta-Based AssureSign Adds George as GM of Global Insurance Solutions

By | September 24th, 2015|Recent Articles|Comments Off on Atlanta-Based AssureSign Adds George as GM of Global Insurance Solutions

Electronic signature software provider, AssureSign, has hired Dianna George to the newly-created position of general manager of Global Insurance Solutions. In her role, George will direct operations and support for AssureSign’s insurance industry customers, and will lead strategic business development …

23 09, 2015

Marsh, Munich Re Launch Life Sciences Business Interruption Coverage

By | September 23rd, 2015|Recent Articles|Comments Off on Marsh, Munich Re Launch Life Sciences Business Interruption Coverage

Marsh and Munich Re have launched non-damage business interruption insurance (NDBI) product that combines risk transfer and consulting services to assist life sciences companies in managing the impact of regulatory actions imposed by the US Food and Drug Administration (FDA). …

24 09, 2015

Florida’s Broward County Pushes Back Vote on Ridesharing

By | September 24th, 2015|Recent Articles|Comments Off on Florida’s Broward County Pushes Back Vote on Ridesharing

Broward Count, Florida officials have had to delay a vote on the approval of ridesharing services such as Uber because a commission has not finished discussing amendments to the proposed rules. The Palm Beach Post reports that the Broward County …

23 09, 2015

Rhode Island Directs Insurers Using Price Optimization to Submit Revised Filings

By | September 23rd, 2015|Recent Articles|Comments Off on Rhode Island Directs Insurers Using Price Optimization to Submit Revised Filings

Rhode Island’s Insurance Division issued a bulletin on Sept. 18 advising that any personal lines property/casualty insurer that uses price optimization to rate policies in Rhode Island should submit revised filings that remove such factors within 60 days after the …

24 09, 2015

Widow of Tennessee Man Who Died in Custody Sues for $1M

By | September 24th, 2015|Recent Articles|Comments Off on Widow of Tennessee Man Who Died in Custody Sues for $1M

The wife of a man who died in custody at the Kingsport City Jail has filed a $1 million wrongful death suit. WJHL-TV reports Benjamin Honaker was arrested on Sept. 19, 2014, following a car crash. Officers said Honaker had …