News – Insurance Journal

/News – Insurance Journal

About News – Insurance Journal

This author has not yet filled in any details.
So far News – Insurance Journal has created 3332 blog entries.
24 05, 2021

Delaware Man Sentenced to Prison for Role in $2M Fraud Plot

By | May 24th, 2021|Uncategorized|Comments Off on Delaware Man Sentenced to Prison for Role in $2M Fraud Plot

A Delaware man was sentenced on Friday to nearly four years in prison for his role in a plot to defraud a beauty product manufacturer out of more than $2 million. U.S. District Judge James Bredar in Baltimore also ordered …

24 05, 2021

Utica National Adds Crisis Response Services for Educational Institution Insureds

By | May 24th, 2021|Uncategorized|Comments Off on Utica National Adds Crisis Response Services for Educational Institution Insureds

The member companies of the Utica National Insurance Group have partnered with Empathia, Inc. to provide crisis counseling services, and The Castle Group to provide crisis public relations services to its school policyholders. According to Brian Saville, Utica National Educational …

24 05, 2021

Africa Specialty Risks Launch Parametric Underwriting Division

By | May 24th, 2021|Uncategorized|Comments Off on Africa Specialty Risks Launch Parametric Underwriting Division

Africa Specialty Risks (ASR), the pan-African focused managing general agent, announced the launch of its parametric division, alongside the appointment of Dr. Raveem Ismail as head of Parametric Underwriting and Ian Bishop as Parametric Product manager. ASR Parametric brings together …

24 05, 2021

15 Military Families in Washington Sue Private Company Over Housing Conditions

By | May 24th, 2021|Uncategorized|Comments Off on 15 Military Families in Washington Sue Private Company Over Housing Conditions

Fifteen military families have filed a lawsuit against a private company that manages housing at Joint Base Lewis-McChord in Washington over living conditions they say caused property damage and health problems. The 51 plaintiffs filed the lawsuit earlier this month …

24 05, 2021

People Moves: Deloitte’s McIlquham to Acrisure; UIB’s Kassali to Willis Re; Peak Re’s Cheng to Acacia, Scope to Corant

By | May 24th, 2021|Uncategorized|Comments Off on People Moves: Deloitte’s McIlquham to Acrisure; UIB’s Kassali to Willis Re; Peak Re’s Cheng to Acacia, Scope to Corant

This wrap-up of international People Moves details recent appointments at broker Acrisure; Willis Re; reinsurance investment firm Acacia Holdings Ltd., and Corant Global. A summary of these new hires follows here. Acrisure, the London-based insurance broker and fintech financial services …

21 05, 2021

Africa Specialty Risks Launches Mauritius Reinsurer, Backed by PE Firm Helios

By | May 21st, 2021|Uncategorized|Comments Off on Africa Specialty Risks Launches Mauritius Reinsurer, Backed by PE Firm Helios

Africa Specialty Risks (ASR), a reinsurance managing general agent focused on the African corporate and specialty market, announced it has launched a fully capitalized and licensed reinsurer based in Mauritius. Alongside the reinsurer license, ASR has also been granted a …

21 05, 2021

People Moves: Lockton Transactional Team; Marsh Counsel; Kemper Chairman; BMS Re CFO; AgriSompo North America

By | May 21st, 2021|Uncategorized|Comments Off on People Moves: Lockton Transactional Team; Marsh Counsel; Kemper Chairman; BMS Re CFO; AgriSompo North America

Lockton is bolstering its transaction liability team with key hires across the three transaction liability insurance product lines: Representations and Warranties Insurance, Tax Liability Insurance and Contingent Liability and Litigation Insurance. These hires come on the heels of Lockton’s addition …

21 05, 2021

AM Best Revises Outlook to Stable for Topa in California

By | May 21st, 2021|Uncategorized|Comments Off on AM Best Revises Outlook to Stable for Topa in California

AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Topa Insurance Co. in Calabasas, Calif. and its subsidiary, Dorchester Insurance …

21 05, 2021

Washington Creates New Farmworker Safety Team

By | May 21st, 2021|Uncategorized|Comments Off on Washington Creates New Farmworker Safety Team

The Washington state Department of Labor and Industries is creating a new team aimed at improving farmworker safety. When fully staffed, the agriculture compliance unit will create 16 new positions, the Yakima Herald reported. Thirteen of those posts will focus …

21 05, 2021

Alaska Health Website Targeted in Malware Attack

By | May 21st, 2021|Uncategorized|Comments Off on Alaska Health Website Targeted in Malware Attack

The Alaska health department website was the target of a malware attack, officials said. A similar attack previously targeted the state’s court system. The health department in a statement late Tuesday said its website was taken offline Monday while an …