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14 02, 2020

Texas’ Watkins Insurance Group Names New Shareholders — Siddons, Scott

By | February 14th, 2020|Uncategorized|Comments Off on Texas’ Watkins Insurance Group Names New Shareholders — Siddons, Scott

Austin, Texas-based Watkins Insurance Group has expanded its executive team with the addition of Jim Siddons and Chris Scott as new shareholders. These appointments increase Watkins Insurance Group executive team to 11. Siddons joined the insurance agency in 2014 and …

14 02, 2020

Governor: Vermont Businesses to See Drop in Workers’ Comp Rates

By | February 14th, 2020|Uncategorized|Comments Off on Governor: Vermont Businesses to See Drop in Workers’ Comp Rates

Gov. Phil Scott announced that rates for workers’ compensation premiums will drop by about 11% when new rates take effect in April. Scott’s administration said the reductions are part of a trend in workers’ compensation rates, which have decreased by …

14 02, 2020

Parts of Alabama Face Millions of Gallons of Sewage Overflow After Storms

By | February 14th, 2020|Uncategorized|Comments Off on Parts of Alabama Face Millions of Gallons of Sewage Overflow After Storms

Days of rain have left parts of Alabama awash in millions of gallons of dingy water that overflowed from sanitary sewer systems. On Wednesday, reports submitted to the Alabama Department of Environmental Management showed that more than 18.5 million gallons …

14 02, 2020

SCOR Buys Majority Stake in Brazil MGA with Agricultural Specialty

By | February 14th, 2020|Uncategorized|Comments Off on SCOR Buys Majority Stake in Brazil MGA with Agricultural Specialty

Global reinsurer SCOR said it has acquired a majority stake in AgroBrasil, an MGA focused on distributing fruit and grain loss of crop quality and yield insurance protection to Brazilian farmers. Neither side disclosed financial details. Paris-based SCOR has partnered …

11 02, 2020

North Dakota Insurance Commissioner: Air Ambulance Company Is Breaking Law

By | February 11th, 2020|Uncategorized|Comments Off on North Dakota Insurance Commissioner: Air Ambulance Company Is Breaking Law

North Dakota Insurance Commissioner Jon Godfread has issued a cease and desist order to AirMedCare Network, alleging the company is selling air ambulance subscriptions to North Dakotans illegally. Consumer protection legislation enacted in 2017 banned the sale of air ambulance …

11 02, 2020

Ohio’s Oswald Companies Appoints Klonk as Chairman, CEO

By | February 11th, 2020|Uncategorized|Comments Off on Ohio’s Oswald Companies Appoints Klonk as Chairman, CEO

Robert J. Klonk has been appointed chairman and chief executive officer of the Cleveland, Ohio-based independent risk management and insurance brokerage firm, Oswald Companies. Klonk has served as CEO since January 2013 and has led the firm to expansive growth …

11 02, 2020

Texas Windstorm Insurance Board to Meet Feb. 18 in Austin

By | February 11th, 2020|Uncategorized|Comments Off on Texas Windstorm Insurance Board to Meet Feb. 18 in Austin

The Texas Windstorm Insurance Association (TWIA) board of directors will hold its quarterly meeting on Feb. 18, 2020, at 9:00 a.m. in Austin. The agenda for the meeting is posted on TWIA’s website. All meetings of the TWIA board of …

11 02, 2020

H.W. Kaufman Group Adds Lefchik to Expand Node International’s Presence in North America

By | February 11th, 2020|Uncategorized|Comments Off on H.W. Kaufman Group Adds Lefchik to Expand Node International’s Presence in North America

H.W. Kaufman Group, a global network of companies, has expanded Node International’s North American presence with the addition of Matthew Lefchik. Lefchik joins Node International as director, Cyber Risk Management Services. As director, Lefchik manages Node’s growth across North America, …

11 02, 2020

MGA Pen Underwriting Promotes Downey as CEO, Succeeding Turner

By | February 11th, 2020|Uncategorized|Comments Off on MGA Pen Underwriting Promotes Downey as CEO, Succeeding Turner

Pen Underwriting has announced the appointment of Tom Downey to the role of chief executive officer, subject to regulatory approval. He takes over the leadership of the £500 million (USS$646 million) GWP underwriting business from current CEO Jonathan Turner, who …

12 02, 2020

The Hilb Group Acquires Regency Insurance Group of Florida

By | February 12th, 2020|Uncategorized|Comments Off on The Hilb Group Acquires Regency Insurance Group of Florida

The Hilb Group, LLC (THG) has acquired Florida-based Regency Insurance Group, LLC (RIG). The transaction became effective Feb. 1, 2020. Based in Bonita Springs, Fla., RIG is a property & casualty agency that specializes in personal lines coverage. RIG is …