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23 05, 2019

Gorst & Compass in California Names Mulford Senior Transportation Broker

By | May 23rd, 2019|Uncategorized|Comments Off on Gorst & Compass in California Names Mulford Senior Transportation Broker

Chatsworth, Calif.-based Gorst & Compass has named Kristi Mulford a senior transportation broker/underwriter. Mulford, who is based in San Marcos, has 18 years of commercial auto insurance experience. She was previously a broker with R.E. Chaix & Associates. She was …

23 05, 2019

Oklahoma Senate OKs Workers’ Comp Reforms; Bill Goes to Governor

By | May 23rd, 2019|Uncategorized|Comments Off on Oklahoma Senate OKs Workers’ Comp Reforms; Bill Goes to Governor

The Oklahoma Senate has approved legislation that makes changes to Oklahoma’s workers’ compensation system that lawmakers say will preserve and strengthen reforms adopted in 2013. An increase in benefits paid to injured workers is included among the provisions of House …

24 05, 2019

Gulfstream Insurance Co. of Florida Appoints Natherson President, CEO

By | May 24th, 2019|Uncategorized|Comments Off on Gulfstream Insurance Co. of Florida Appoints Natherson President, CEO

Gulfstream Property and Casualty Insurance Co. has appointed Ronald E. “Nate” Natherson, Jr. as president and CEO. Natherson joins Gulfstream having previously served as chief operating officer for Southern Oak Insurance Co. in Ponte Vedra Beach, Fla. He has more …

24 05, 2019

The Hanover Adds Watercraft Coverage to Personal Lines Product Suite

By | May 24th, 2019|Uncategorized|Comments Off on The Hanover Adds Watercraft Coverage to Personal Lines Product Suite

The Hanover Insurance Group, Inc. has expanded its suite of personal lines insurance products to include a new watercraft insurance offering. As part of the new offering, The Hanover’s watercraft product will offer: Broadened range of coverage for watercrafts including …

24 05, 2019

Weinstein, Accusers Reach Tentative $44 Million Deal, Reports WSJ

By | May 24th, 2019|Uncategorized|Comments Off on Weinstein, Accusers Reach Tentative $44 Million Deal, Reports WSJ

Harvey Weinstein, women who accused him of sexual misconduct, his former film studio’s board members and the New York attorney general’s office have reached a tentative $44 million deal to resolve lawsuits and compensate alleged victims of the Hollywood producer, …

24 05, 2019

Auto Insurance Drives Personal Lines Improvement

By | May 24th, 2019|Uncategorized|Comments Off on Auto Insurance Drives Personal Lines Improvement

U.S. personal lines insurance saw strong premium growth of 8% in 2018 and the sector’s statutory combined ratio of 99% for 2018 represented the market’s best results since 2013, according to a new special report from Fitch. “Strong performance was …

24 05, 2019

State Auto Innovation Unit: $25M; 5 Insurtechs; 18 Months

By | May 24th, 2019|Uncategorized|Comments Off on State Auto Innovation Unit: $25M; 5 Insurtechs; 18 Months

State Auto Labs, the innovation arm of the State Automobile Mutual Insurance Co., says in the 18 months after launching its $25 million corporate venture fund to support entrepreneurs and innovations in the insurance industry, it has invested in five …

24 05, 2019

Generali to Sell Life Run-Off Portfolio of UK Branch to Reinsurance Group of America

By | May 24th, 2019|Uncategorized|Comments Off on Generali to Sell Life Run-Off Portfolio of UK Branch to Reinsurance Group of America

Generali has signed an agreement to sell the life run-off portfolio of its UK Branch to a subsidiary of Reinsurance Group of America Inc., the St. Louis, Mo.-based life and health reinsurance company. The run-off portfolio, which consists of mainly …

24 05, 2019

Ransomware Attacks Skyrocketed in Q1: Beazley

By | May 24th, 2019|Uncategorized|Comments Off on Ransomware Attacks Skyrocketed in Q1: Beazley

Ransomware attacks skyrocketed in the first quarter of 2019, according to the Beazley Breach Response (BBR) Services team, which reported a 105% increase in the number of ransomware attack notifications against clients compared to Q1 2018. In Q1 2019, the …

24 05, 2019

Rochester Property Owner Indicted for Defrauding Banks, Insurance Companies

By | May 24th, 2019|Uncategorized|Comments Off on Rochester Property Owner Indicted for Defrauding Banks, Insurance Companies

Prominent upstate New York landlord Robert Morgan is charged in a 114-count federal indictment with defrauding banks and insurance companies out of millions of dollars by inflating property values and insurance claims while managing his expansive real estate portfolio. The …