News – Insurance Journal

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22 06, 2021

People Moves: Merchants’ Lasante Promoted; New Hires at AAU, Ascot

By | June 22nd, 2021|Uncategorized|Comments Off on People Moves: Merchants’ Lasante Promoted; New Hires at AAU, Ascot

Merchants Insurance Group Promotes Lasante in New England Office Merchants Insurance Group has promoted Regional Underwriting Manager Kevin Lasante to regional vice president of its New England office in Bedford, New Hampshire, effective June 7, 2021. He will assume the …

22 06, 2021

ShoreOne Insurance Managers Announces Entry into New Jersey

By | June 22nd, 2021|Uncategorized|Comments Off on ShoreOne Insurance Managers Announces Entry into New Jersey

ShoreOne Insurance Managers Inc. is launching its admitted, residential homeowners policy with full flood insurance protection in New Jersey. This product is already live in South Carolina, and there are plans to expand into other states on the Eastern Seaboard …

22 06, 2021

Judge Rules in Favor of New Hampshire Hotel Group in Insurance Dispute

By | June 22nd, 2021|Uncategorized|Comments Off on Judge Rules in Favor of New Hampshire Hotel Group in Insurance Dispute

A judge has ruled in favor of a group of hotels whose owners sued their insurance carriers over lost business during the coronavirus pandemic. Businessman Mark Stebbins of Schleicher & Stebbins Hotels LLC, one of the plaintiffs, said the pandemic …

22 06, 2021

Europe’s Insurers Expect Robust M&A Activity and Strong Earnings in 2021: Moody’s

By | June 22nd, 2021|Uncategorized|Comments Off on Europe’s Insurers Expect Robust M&A Activity and Strong Earnings in 2021: Moody’s

Europe’s insurance industry is emerging from the coronavirus crisis with a stronger appetite for mergers and acquisitions (M&A), along with expectations for strong earnings growth in 2021, according to Moody’s annual survey of chief financial officers (CFOs) from 21 leading …

22 06, 2021

North Carolina Looks to Protect Outer Banks Highway from Storms, Sea Level Rise

By | June 22nd, 2021|Uncategorized|Comments Off on North Carolina Looks to Protect Outer Banks Highway from Storms, Sea Level Rise

A task force has been formed with the aim of saving the main highway on North Carolina’s Outer Banks from storms, erosion and sea level rise. The Virginian-Pilot reported last week that the task force will focus on protecting seven …

21 06, 2021

Survey: 10 States See Strong Growth in Rural Areas

By | June 21st, 2021|Uncategorized|Comments Off on Survey: 10 States See Strong Growth in Rural Areas

Strong growth continues across rural parts of 10 Plains and Western states and three states now have more jobs than they did before the coronavirus pandemic began, according to a monthly survey of bankers. The overall Rural Mainstreet economic index …

21 06, 2021

7 Major Cyber Insurers Form Company to Coordinate Cyber Analysis, Risk Mitigation

By | June 21st, 2021|Uncategorized|Comments Off on 7 Major Cyber Insurers Form Company to Coordinate Cyber Analysis, Risk Mitigation

With cyber attacks and insurance claims on the rise, leading cyber insurers AIG, AXIS, Beazley, Chubb, The Hartford, Liberty Mutual Insurance and Travelers have formed a company to pool their data and expertise and take collective efforts to enhance cyber …

21 06, 2021

People Moves: KAIA Hires Goodman; New Shareholders at Holmes Murphy; AmericanAg Adds Nuehring

By | June 21st, 2021|Uncategorized|Comments Off on People Moves: KAIA Hires Goodman; New Shareholders at Holmes Murphy; AmericanAg Adds Nuehring

KAIA Josh Goodman is joining the Kansas Association of Insurance Agents’ (KAIA) team as its new director of Business Development, as of July 12. Goodman had been active in KAIA leadership for many years, including as a KAIA board member …

21 06, 2021

N.D. Counties Join Ban on Private Fireworks Due to Drought

By | June 21st, 2021|Uncategorized|Comments Off on N.D. Counties Join Ban on Private Fireworks Due to Drought

Burleigh and Morton counties have joined the city of Mandan in banning the private use of fireworks during the July Fourth holiday season due to the widespread drought in North Dakota. Rural fire chiefs in both counties recommended the bans …

21 06, 2021

Flood Concerns Prompt Louisiana Parish to Pause New Development

By | June 21st, 2021|Uncategorized|Comments Off on Flood Concerns Prompt Louisiana Parish to Pause New Development

A parish council in Louisiana has approved a one-year moratorium on new development in part of its jurisdiction to address concerns about drainage following severe flash flooding in May. Iberville Parish Council unanimously voted on June 15 to halt the …