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23 04, 2021

Judged Rules for Washington Insurance Commissioner on Credit Scoring Ban

By | April 23rd, 2021|Uncategorized|Comments Off on Judged Rules for Washington Insurance Commissioner on Credit Scoring Ban

A Thurston County Superior Court judge on Friday denied an insurance industry request to halt an emergency rule that temporarily bans the use of insurance credit scoring in Washington. The ruling that rejected a request for a preliminary injunction maintains …

21 04, 2021

Fire Causes Partial Roof Collapse at Oregon Textile Factory

By | April 21st, 2021|Uncategorized|Comments Off on Fire Causes Partial Roof Collapse at Oregon Textile Factory

A fire caused extensive damage to a textile manufacturing facility in Portland early Monday, officials said. The first reports of the blaze came in around 3:30 a.m. Monday at a commercial building in southeast Portland, said Lt. Liz Thompson, a …

23 04, 2021

AM Best Revises Outlooks to Positive for Convex Group’s Subsidiaries

By | April 23rd, 2021|Uncategorized|Comments Off on AM Best Revises Outlooks to Positive for Convex Group’s Subsidiaries

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” of Convex Insurance UK Ltd. and Convex Re Ltd. Both entities are wholly …

22 04, 2021

Insurance Techknowledgy: Bold Penguin and Thimble, Vertafore and Nationwide, eMaxx

By | April 22nd, 2021|Uncategorized|Comments Off on Insurance Techknowledgy: Bold Penguin and Thimble, Vertafore and Nationwide, eMaxx

Catching up with insurance technology developments involving Thimble and Bold Penguin, Vertafore and Nationwide, and eMaxx …. Insurtech Bold Penguin is making it easier for agents and small business customers to secure to coverage by the month or by the …

22 04, 2021

Climate Change Could Cut Global GDP by 18% by 2050, if Nothing Is Done: Swiss Re

By | April 22nd, 2021|Uncategorized|Comments Off on Climate Change Could Cut Global GDP by 18% by 2050, if Nothing Is Done: Swiss Re

If nothing is done to combat climate change, global temperatures could rise by 3.2°C by 2050, shrinking the world economy by 18%, according to new research from Swiss Re. Climate change poses the biggest long-term threat to the global economy, …

22 04, 2021

Howden to Acquire Spain’s Largest Independent Broker, ARTAI

By | April 22nd, 2021|Uncategorized|Comments Off on Howden to Acquire Spain’s Largest Independent Broker, ARTAI

Howden, the London-based insurance broker, has announced the acquisition of ARTAI, Spain’s largest independent corporate insurance broker. The transaction, which is pending approval from Spain’s Directorate General of Insurance (DGSFP), will see Howden’s presence in the region grow considerably, managing …

22 04, 2021

People Moves: CopperPoint in Arizona Expands Roles for Roland, Davis-Schultz

By | April 22nd, 2021|Uncategorized|Comments Off on People Moves: CopperPoint in Arizona Expands Roles for Roland, Davis-Schultz

Phoenix Ariz.-based CopperPoint has named Bob Roland chief operating officer adding to his responsibilities as chief administrative officer. Roland succeeds Scott Shader, who announced his retirement effective April 1. Roland joined CopperPoint in 2017 with more than 30 years of …

22 04, 2021

Coalition is Letting Californians Know May is Wildfire Awareness Month

By | April 22nd, 2021|Uncategorized|Comments Off on Coalition is Letting Californians Know May is Wildfire Awareness Month

Now is the time for Californians to prepare homes and communities for the coming wildfire season, the StrongerCA Coalition is warning. Last year saw a record-breaking wildfire season, with five of the 10 largest wildfires in California. The group is …

21 04, 2021

California Workers’ Comp Committee Votes for 2.7% Higher Pure Premium Filing

By | April 21st, 2021|Uncategorized|Comments Off on California Workers’ Comp Committee Votes for 2.7% Higher Pure Premium Filing

The governing committee of the Workers’ Compensation Insurance Rating Bureau of California has voted to authorize the WCIRB to submit a Sept. 1, 2021 pure premium rate filing to the California Insurance Commissioner that are on average 2.7% above the …

21 04, 2021

Mom Sues Over Teen’s Suicide at Maine Youth Detention Center

By | April 21st, 2021|Uncategorized|Comments Off on Mom Sues Over Teen’s Suicide at Maine Youth Detention Center

The mother of a transgender teenager who died by suicide at a youth detention center in Maine has filed a wrongful death lawsuit against the state. Michelle Knowles, of North Vassalboro, filed the lawsuit Tuesday against the Maine Department of …