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24 02, 2021

Construction Worker Hurt in Accident at New Jersey College

By | February 24th, 2021|Uncategorized|Comments Off on Construction Worker Hurt in Accident at New Jersey College

A construction worker was injured when a gasket burst and struck him in the head at a college in northern New Jersey, authorities said. Workers were conducting a standard pressure test on a chiller line in the Learning Commons Library …

24 02, 2021

Minick Retiring from Texas Workers’ Comp Alternatives Risk Managing Firm, PartnerSource

By | February 24th, 2021|Uncategorized|Comments Off on Minick Retiring from Texas Workers’ Comp Alternatives Risk Managing Firm, PartnerSource

Bill Minick, founder of Texas-based workers’ compensation risk management firm, PartnerSource, will retire at the end of March. Jennifer Hurless, president of PartnerSource, will continue in her current role leading the company. Minick began his professional career as a corporate …

24 02, 2021

Smith Joins Palomar Insurance in Georgia

By | February 24th, 2021|Uncategorized|Comments Off on Smith Joins Palomar Insurance in Georgia

Palomar Insurance has added Reese Smith, III to its expanding sales team as an acount executive specializing in the transportation industry. Smith has experience with trucking insurance and personalized service and will work to assist clients in understanding their company’s …

24 02, 2021

Insurers Plan to Continue Hiking Liability Rates for Architects, Engineers: Ames Gough

By | February 24th, 2021|Uncategorized|Comments Off on Insurers Plan to Continue Hiking Liability Rates for Architects, Engineers: Ames Gough

Most professional liability insurers covering architects and engineers (A/E) achieved varied premium growth last year as the U.S. construction industry remained resilient during the COVID-19 pandemic. Yet, worsening claims experience is prompting these insurers to seek larger rate increases, according …

23 02, 2021

California Commissioner Wants Rate Transparency Rules for Wildfire Risk

By | February 23rd, 2021|Uncategorized|Comments Off on California Commissioner Wants Rate Transparency Rules for Wildfire Risk

California Insurance Commissioner Ricardo Lara has proposed new rules to give homeowners and businesses open access to their properties’ wildfire risk scores. The new rules would require insurance companies to provide a consumer with their property’s wildfire risk score, which …

23 02, 2021

California School Employee Arraigned for Workers’ Comp Fraud After Virus Diagnosis

By | February 23rd, 2021|Uncategorized|Comments Off on California School Employee Arraigned for Workers’ Comp Fraud After Virus Diagnosis

Stephanie Medrano, 33, of West Covina, Calif., was arraigned on Tuesday on multiple counts of grand theft and insurance fraud after allegedly making misrepresentations following a COVID-19 diagnosis in an attempt to collect more than $33,000 in undeserved workers’ compensation …

23 02, 2021

Lloyd’s Insurer Brit to Stop Insuring Australia’s Adani Coal Mine

By | February 23rd, 2021|Uncategorized|Comments Off on Lloyd’s Insurer Brit to Stop Insuring Australia’s Adani Coal Mine

Major Lloyd’s of London insurer Brit will not insure Adani Enterprises’ Carmichael thermal coal mine, it said on Tuesday, adding to a growing list of Lloyd’s insurers who have made similar pledges. Carmichael has provoked controversy in Australia with its …

23 02, 2021

Munich Re Stops Insuring Nord Stream 2 Pipeline on Fears of U.S. Sanctions

By | February 23rd, 2021|Uncategorized|Comments Off on Munich Re Stops Insuring Nord Stream 2 Pipeline on Fears of U.S. Sanctions

A subsidiary of Germany’s Munich Re will no longer insure the Nord Stream 2 pipeline from Russia to Europe amid the fear of sanctions by the U.S. government. The U.S. has been threatening sanctions against European companies that support construction …

23 02, 2021

MAPFRE Insurance Hires Sjolin as Vice President of Business Development

By | February 23rd, 2021|Uncategorized|Comments Off on MAPFRE Insurance Hires Sjolin as Vice President of Business Development

MAPFRE Insurance has hired Gary Sjolin as vice president of Business Development. Sjolin, a 30-year industry veteran, will build and lead business development strategies in Massachusetts to reinforce and expand the company’s market position. Prior to joining MAPFRE, Sjolin held …

23 02, 2021

High Street Insurance Partners Acquires New York’s Badge Agency

By | February 23rd, 2021|Uncategorized|Comments Off on High Street Insurance Partners Acquires New York’s Badge Agency

Huron Capital Partners LLC, a lower middle-market private equity platform, has announced that its full-service insurance brokerage platform, High Street Insurance Partners (HSIP), has acquired Badge Agency Inc. Founded in 1968, Woodbury, New York-based Badge Agency is a full-service, multi-line …