The property insurance market in Florida has significantly shifted in market share as Citizens Property Insurance Corp. (Citizens)—the state-run property insurance company—continues to depopulate and move policyholders to the private market, which has increasingly seen the emergence of newly formed, …
The article A.M. Best Special Report: Florida Property Insurers Remain Untested appeared first on Insurance Journal.
The Health Information Trust Alliance (HITRUST), an organization supporting the healthcare industry in advancing the state of information protection, has partnered with Willis North America to identify a common approach and develop products to better align insurance premiums with cyber …
The article Willis Partners with HITRUST to Address the Healthcare Industry’s Cyber Exposures appeared first on Insurance Journal.
The Connecticut Supreme Court on July 13 unanimously overturned nearly $35 million in damages against the Hartford Fire Insurance Company. In its 18-page decision, the Supreme Court said the lower court had incorrectly concluded that the Hartford Fire violated the …
The article Conn. Court Overturns $35M Verdict in Hartford’s Auto-Repair Labor Rate Case appeared first on Insurance Journal.
XL Catlin hired Kevin Bull as Northeast region client distribution leader for its Distribution & Network team in New York. He will report to June Dwyer, senior vice president, Northeast regional leader. In his new role, Bull will work with …
The article XL Catlin Hires Bull as Client Distribution Leader for Northeast Region appeared first on Insurance Journal.
The plan for a museum in New York City that would focus on climate and climate change, with exhibits that could relate to health, social justice and rain-delayed baseball games, moved a step forward Monday, officials said. The state Board …
The article New York Grants Provisional Charter for Museum on Climate Change appeared first on Insurance Journal.
The Maryland Insurance Administration (MIA) recently issued a bulletin explaining that, in exchange for a referral of an insurance applicant, an insurer or its appointed producer may provide a referral fee, commission split, or other valuable considerations to a licensed …
The article Maryland Issues Clarification on Commission Sharing for Producers appeared first on Insurance Journal.
Jeffrey Gullickson will head Western Growers Insurance Services. Gullickson was named senior vice president of the firm, and assumes responsibility for its production, account management and support teams at its Irvine, Calif. headquarters and 11 offices in California and Arizona. …
The article Gullickson to Head Western Growers Insurance Services in California appeared first on Insurance Journal.
Flanigan-Leavitt Insurance Agency has hired Kyle Nielsen and Kelley Shewmaker in the firm’s Reno, Nev. office. Nielsen is a sales executive focusing on restaurants, retail, construction and auto repair. Shewmaker is a property /casualty agent. Prior to insurance, Nielsen operated a …
The article Flanigan-Leavitt Taps Nielsen and Shewmaker in Nevada appeared first on Insurance Journal.
Alliant Insurance Services has acquired Todd Garibaldi Insurance Agency Inc. in Lodi, Calif. Terms of the deal were not disclosed. Garibaldi will join Alliant as senior vice president in agribusiness and food services. Todd Garibaldi Insurance Agency will become Todd …
The article Alliant Acquires Garibaldi in Central California appeared first on Insurance Journal.
A unit of American International Group Inc. was sued by the Boy Scouts of America over claims it refused to provide insurance coverage for settlements of child sex-abuse cases from 1975 to 1980. The scouting organization alleges that National Union …
The article Boy Scouts Sue AIG Unit in Dallas Court Over Sex Abuse Settlements appeared first on Insurance Journal.