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19 11, 2020

Pace of Broker Acquisitions Picks Up in 2nd Half, After COVID-Linked Lull in Q2

By | November 19th, 2020|Uncategorized|Comments Off on Pace of Broker Acquisitions Picks Up in 2nd Half, After COVID-Linked Lull in Q2

Insurance brokers have stepped up their acquisition pace in the second half of 2020 after a pause in the second quarter related to the coronavirus and the steep economic decline, according to a report published by Moody’s Investors Service. Indeed, …

19 11, 2020

UC San Diego Engineers Experimenting in Space to Help Prevent Mudslides

By | November 19th, 2020|Uncategorized|Comments Off on UC San Diego Engineers Experimenting in Space to Help Prevent Mudslides

What can the International Space Station teach us about mudslides here on Earth? Here is the connection: UC San Diego engineers are trying to better understand the role gravity plays in mudslides. That is why in 18 months, they will …

19 11, 2020

Aon Secures $70M in Alternative Capital Capacity to Transfer Systemic Cyber Risk

By | November 19th, 2020|Uncategorized|Comments Off on Aon Secures $70M in Alternative Capital Capacity to Transfer Systemic Cyber Risk

Insurance broker Aon plc has launched a new product with Hudson Structured Capital Management Ltd. (undertaking its re/insurance business as HSCM Bermuda) to protect insurers and reinsurers against systemic and catastrophic cyber events. Aon and HSCM (an asset manager focused …

20 11, 2020

Aon Targets M&A Market with Intellectual Property Assessment Offering

By | November 20th, 2020|Uncategorized|Comments Off on Aon Targets M&A Market with Intellectual Property Assessment Offering

Insurance broker Aon has launched the Quality of Intellectual Property (QoIP) Solution that is designed to help companies receive higher transaction value by specifically articulating the quality of the seller’s IP portfolio in the M&A and capital markets. QoIP is …

19 11, 2020

Minnesota Insurance Agent Charged with Stealing $524K From Clients

By | November 19th, 2020|Uncategorized|Comments Off on Minnesota Insurance Agent Charged with Stealing $524K From Clients

A Minnesota insurance agent has been charged with client theft of approximately $524,000, the U.S. Justice Department says. On Nov. 18, U.S. Attorney Erica H. MacDonald reported that John David Paulson, 56, is under federal indictment, charged with two counts …

19 11, 2020

U.S. Administrator Claims of Tennessee Adds Goff, Whalen as Managers

By | November 19th, 2020|Uncategorized|Comments Off on U.S. Administrator Claims of Tennessee Adds Goff, Whalen as Managers

U.S. Administrator Claims has promoted Michael Goff to senior director to lead all claim operations. In addition to this promotion, the company has also hired Greg Whalen to be director of General Liability and Property Claims. Formerly the director of …

19 11, 2020

Intact, Resilience Insurance to Provide Cyber Risk Coverage, Services

By | November 19th, 2020|Uncategorized|Comments Off on Intact, Resilience Insurance to Provide Cyber Risk Coverage, Services

Intact Insurance Specialty Solutions, the brand for Intact Financial Corporation’s (IFC) U.S. insurance company subsidiaries, has launched cyber insurance options that will be offered in partnership with program manager Resilience Insurance. Through the new partnership, standalone cyber coverages coupled with …

19 11, 2020

Homeowners of America Insurance Expands into Illinois

By | November 19th, 2020|Uncategorized|Comments Off on Homeowners of America Insurance Expands into Illinois

Homeowners of America Insurance Co. (HOAIC), an Irving, Texas-based property/casualty insurance provider, is now offering its insurance products in the state of Illinois. HOAIC President and CEO Spencer Tucker said the move marks HOAIC’s “first entry into the Midwestern market.” …

19 11, 2020

Etier Appointed Assistant VP at Dwight Andrus Insurance

By | November 19th, 2020|Uncategorized|Comments Off on Etier Appointed Assistant VP at Dwight Andrus Insurance

Dwight W. Andrus Insurance Inc. in Lafayette, La., has appointed Brandt Etier as assistant vice president of Property and Casualty Sales. Etier began his insurance career with Dwight Andrus Insurance in 2010, where he serves as a commercial lines sales …

18 11, 2020

Washington Man Faces Theft, Fraud Charges After Filing $65K in Claims

By | November 18th, 2020|Uncategorized|Comments Off on Washington Man Faces Theft, Fraud Charges After Filing $65K in Claims

Jaskaran Singh Gill, of Tukwila, Wash., was charged in King County Superior Court in Washington with two counts of first-degree theft, one count of second-degree theft and four counts of filing a false insurance claim after an investigation by Insurance …