Washington’s minimum wage will increase to $13.69 per hour starting Jan. 1, 2021. The change is significant this year because it also impacts wages paid to some salaried employees exempt from overtime and other protections under state law. The Washington …
Berkshire Hathaway GUARD Insurance Companies has added Illinois to the list of states where the insurer offers its Commercial Package Policy. The product includes commercial property featuring limits up to $120 million per location (higher limits considered), with an enhanced …
AXA XL’s North America Construction insurance business has expanded its insurance programs and services for construction projects to include customized coverage for risks that qualify as a “Highly Protected Project” (HPP) because of their implementation of technologies designed to reduce …
Plymouth Rock Assurance launched motorcycle insurance for riders across New Jersey and Pennsylvania. The launch of the product comes than a year after the company acquired Rider Insurance Co., which has focused on the motorcycle community for 50 years. Plymouth …
T. Scott Kennedy has been named as the president and chief executive officer of M&O Agencies Inc., which operates The Mahoney Group in Arizona. Kennedy has more than 30 years of insurance industry experience. His past positions include serving as …
The Louisiana Department of Insurance has issued a cease and desist order and summary suspension of producers license to a Lake Charles, La., agent for alleged misappropriation of premium funds. Valerie M. Muse reportedly confessed to her employer that she …
The Allstate Corp. said it will cut approximately 3,800 jobs in claims, sales, service and support functions as part of its continuing plan to grow its property/casualty market share. The layoffs will affect about eight percent of the insurer’s 45,780 …
Deerfield, Ill.-based Alera Group has promoted several employees within the company’s executive leadership team: Brian Caracciolo will assume the role of chief financial officer; and Carolyn L. Cox will assume the role of general counsel; William Corrigan, the agency’s former …
G&G Independent Insurance (G&G) in Fayetteville, Ark., has acquired the Little Rock-based agency, Arkansas Insurance Advisors (AIA). The transaction became effective on Sept. 25, 2020. Founded in 2015, AIA is an independent insurance agency that focuses on ensuring clients have …
Centauri Specialty Insurance Holdings and its subsidiaries have appointed Paul Knutson vice president of Capital & Reinsurance Strategy. As a member of the executive team, Knutson is responsible for the design, negotiation and implementation of tailored internal and external products …