News – Insurance Journal

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25 05, 2021

Insurance Techknowledgy: Vertafore Unleashes Analytics for Agencies; MGA Mile Auto Raises $10.3M, Partners With Ford

By | May 25th, 2021|Uncategorized|Comments Off on Insurance Techknowledgy: Vertafore Unleashes Analytics for Agencies; MGA Mile Auto Raises $10.3M, Partners With Ford

Insurance agency technology firm Vertafore has released a product it says puts the power of data and analytics into the hands of independent agencies. The new offering, MarketTrends, helps agencies identify coverage trends, cross-sell opportunities and appropriate markets in an …

25 05, 2021

Swedish Tech Start-up Haidrun Launches Blockchain Platform Targeted at Re/Insurers

By | May 25th, 2021|Uncategorized|Comments Off on Swedish Tech Start-up Haidrun Launches Blockchain Platform Targeted at Re/Insurers

Swedish tech start-up Haidrun has launched an enterprise blockchain platform targeted at insurers and reinsurers. Haidrun’s private blockchain platform eliminates suspicious and duplicate transactions by securely and chronologically logging each event, document or transaction. Once verified, actions are cryptographically sealed …

26 05, 2021

D&O Specialist MGA, Rising Edge, Launches with 4 Senior Appointments

By | May 26th, 2021|Uncategorized|Comments Off on D&O Specialist MGA, Rising Edge, Launches with 4 Senior Appointments

Rising Edge, a London-based directors and officers (D&O) managing general agent, announced its official launch with the appointment of four key hires. As previously announced, Rising Edge will focus on D&O insurance and is led by Philippe Gouraud, a well-known …

25 05, 2021

Earthquake Hits Beneath South Flank of Hawaii Volcano

By | May 25th, 2021|Uncategorized|Comments Off on Earthquake Hits Beneath South Flank of Hawaii Volcano

A magnitude 4.2 earthquake struck Sunday beneath the south flank of Kilauea Volcano on the island of Hawaii, the U.S. Geological Survey’s Hawaiian Volcano Observatory confirmed. The earthquake was centered about 9 miles south of the volcano, at a depth …

25 05, 2021

Worker Falls to Death at Queens Building Under Construction

By | May 25th, 2021|Uncategorized|Comments Off on Worker Falls to Death at Queens Building Under Construction

A worker fell to his death from a scaffold at a building under construction in Queens, officials said. Diego Lliguicota, 32, fell from a scaffold at 9:30 a.m. Saturday as he was trying to remove a ladder on the sixth …

25 05, 2021

People Moves: Hub Hires Howard; Prime to Starkweather & Shepley; The Hilb Group Adds Grant

By | May 25th, 2021|Uncategorized|Comments Off on People Moves: Hub Hires Howard; Prime to Starkweather & Shepley; The Hilb Group Adds Grant

Hub International Northeast Hires Howard in New Jersey Hub International Northeast, a global insurance brokerage firm, has hired Arthur (Art) J. Howard as employee benefits regional sales officer. In this newly formed role, he will be responsible for overseeing the …

25 05, 2021

Online Boating Marketplace Boatim Adds Insurance with Marine Broker Partner AMI

By | May 25th, 2021|Uncategorized|Comments Off on Online Boating Marketplace Boatim Adds Insurance with Marine Broker Partner AMI

Boatim Inc., a company offering digital boating products and services, has launched an online boat insurance offering for U.S. customers. Through a partnership with international marine insurance broker American Marine Insurance (AMI), Boatim customers can access coverage from insurers Markel, …

25 05, 2021

The Highs, Low of Agency Q1 Profitability and the Post-Pandemic Path Forward: Reagan

By | May 25th, 2021|Uncategorized|Comments Off on The Highs, Low of Agency Q1 Profitability and the Post-Pandemic Path Forward: Reagan

Insurance agencies reported a couple of highs and a low in first quarter profitability results, according to the latest Reagan Consulting Growth & Profitability Survey of the agency consulting firm’s agents and broker clients. Three industry measures were the best …

25 05, 2021

Former Washington Logger Charged in Nearly $300K Workers’ Comp Scam

By | May 25th, 2021|Uncategorized|Comments Off on Former Washington Logger Charged in Nearly $300K Workers’ Comp Scam

A Cowlitz County, Wash., man stands accused of faking injuries to collect nearly $300,000 in workers’ compensation benefits. James Joseph Thomasson, 52, of Kalama, is scheduled to be arraigned Tuesday in Thurston County Superior Court on one count of felony …

25 05, 2021

Owners Will Rebuild Iowa Grain Elevator Following Explosion

By | May 25th, 2021|Uncategorized|Comments Off on Owners Will Rebuild Iowa Grain Elevator Following Explosion

A dust explosion at a central Iowa grain elevator earlier this month should not affect storage capacity or operations during this fall’s harvest, the company said. Landus Cooperative grain elevator in Jefferson said in a news release that it expects …