News Archives - Insurance Journal

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8 12, 2022

Electrical Equipment Damaged in Carolina Shooting Attack Has Been Repaired

By | December 8th, 2022|Uncategorized|Comments Off on Electrical Equipment Damaged in Carolina Shooting Attack Has Been Repaired

Duke Energy said Wednesday that it has completed repairs on substation equipment damaged when it was shot up last weekend. Power was on track to be fully restored late Wednesday. In a statement to customers on its website, the energy …

8 12, 2022

Pawtucket Settles Candidates’ Free Speech Claims Over Political Sign Restriction

By | December 8th, 2022|Uncategorized|Comments Off on Pawtucket Settles Candidates’ Free Speech Claims Over Political Sign Restriction

The city of Pawtucket is lifting restrictions on political campaign signs under a settlement with the American Civil Liberties Union of Rhode Island, officials said Tuesday. The ACLU filed suit in July on behalf of two Democratic candidates for the …

8 12, 2022

People Moves: SiriusPoint Appoints New International Leadership Team, Naming RSA’s Gibb as President; Hampden Agencies’ CEO Smith to Retire, Succeeded by Wood

By | December 8th, 2022|Uncategorized|Comments Off on People Moves: SiriusPoint Appoints New International Leadership Team, Naming RSA’s Gibb as President; Hampden Agencies’ CEO Smith to Retire, Succeeded by Wood

SiriusPoint Appoints New International Leadership Team, Including RSA’s Gibb as President SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, has appointed Rob Gibbs as president of its international business and to CEO of SiriusPoint International Insurance Corp. The CEO appointment …

8 12, 2022

TWFG Insurance Acquires Ohio’s American Insurance Strategies

By | December 8th, 2022|Uncategorized|Comments Off on TWFG Insurance Acquires Ohio’s American Insurance Strategies

The Woodlands Financial Group subsidiary TWFG Insurance Services LLC, announced its acquisition of American Insurance Strategies, located in the Dayton, Ohio and Milwaukee, Wisconsin areas. AIS has $18 million in written premium and was established in February 2009 by Craig …

8 12, 2022

PCF Insurance Acquires Illinois F&I Firm Direct Dealer Services

By | December 8th, 2022|Uncategorized|Comments Off on PCF Insurance Acquires Illinois F&I Firm Direct Dealer Services

PCF Insurance Services (PCF) has acquired Direct Dealer Services (DDS), an automotive finance and insurance (F&I) firm providing industry-leading technologies, products, solutions and training. Headquartered in Hoffman Estates, Illinois, DDS offers national automotive dealers, agents, and lender partners innovative F&I …

8 12, 2022

New York’s Marenco Agency Joins Renaissance Network

By | December 8th, 2022|Uncategorized|Comments Off on New York’s Marenco Agency Joins Renaissance Network

Marenco Insurance Agency has joined the Renaissance independent insurance agency network in New York. The family-owned property/casualty agency, founded in 1961, is located in New Rochelle, New York. It also serves clients in Connecticut, New Jersey, and Florida. Renaissance offers …

8 12, 2022

European Central Bank Urgently Seeks Regulation After Multiple Crypto Bubbles Burst

By | December 8th, 2022|Uncategorized|Comments Off on European Central Bank Urgently Seeks Regulation After Multiple Crypto Bubbles Burst

Crypto assets are here to stay so their regulation is urgently needed to protect investors and the stability of the global financial landscape, European Central Bank board member Fabio Panetta said on Wednesday. Crypto investors suffered a series of blows …

8 12, 2022

UPC Latest Insurer to Leave Louisiana

By | December 8th, 2022|Uncategorized|Comments Off on UPC Latest Insurer to Leave Louisiana

Florida-based homeowners insurer United Property & Casualty Insurance Company (UPC) has announced it is leaving several states in 2023, including Louisiana where it has approximately 36,000 policyholders. UPC will begin non-renewing its policies in 2023, the Louisiana Department of Insurance …

8 12, 2022

Small Plane Crash Kills 3 Near Oklahoma City

By | December 8th, 2022|Uncategorized|Comments Off on Small Plane Crash Kills 3 Near Oklahoma City

YUKON, Okla. (AP). – A small plane crashed near Oklahoma City, killing all three people who were on board, authorities said Tuesday. The Beechcraft Bonanza F33A crashed at around 9:20 p.m. Monday near Clarence E. Page Airport in Yukon, the …

2 12, 2022

Swiss Gov’t Seeks Mandatory Reporting of Cyberattacks on Key Infrastructure

By | December 2nd, 2022|Uncategorized|Comments Off on Swiss Gov’t Seeks Mandatory Reporting of Cyberattacks on Key Infrastructure

The Swiss government proposed on Friday making it mandatory to report cyberattacks on critical infrastructure as a way to help shed light on hackers and sound the alarm more widely. It asked parliament to approve legislation that creates the legal …