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6 04, 2021

Hub Acquires Assets of KC Insurance Group

By | April 6th, 2021|Uncategorized|Comments Off on Hub Acquires Assets of KC Insurance Group

Chicago-based Hub International Limited (Hub) has acquired the assets of KC Insurance Group LLP in Overland Park, Kansas. Terms of the transaction were not disclosed. KC Insurance Group is an independent insurance agency serving the Kansas City area and specializing …

6 04, 2021

Menards in Michigan to Pay $25K to Settle EEOC Sexual Harassment Suit

By | April 6th, 2021|Uncategorized|Comments Off on Menards in Michigan to Pay $25K to Settle EEOC Sexual Harassment Suit

A Michigan-based home improvement store operator will pay $25,000 to settle a sexual harassment lawsuit, federal officials say. In its sexual harassment lawsuit filed against Menards Inc., which operates over 300 home improvement stores in 14 states, the U.S. Equal …

6 04, 2021

Iowa Insurance Agent Told to Stop Doing Business in the State

By | April 6th, 2021|Uncategorized|Comments Off on Iowa Insurance Agent Told to Stop Doing Business in the State

An Iowa insurance agent has had his license suspended and has been ordered to cease and desist conducting insurance business in the state, regulators say. The Iowa Insurance Division said in addition, Oscar Sanchez of West Des Moines, is banned …

6 04, 2021

CNA Central, CNA Surety Now Back Online; Work on Other Portals Continues

By | April 6th, 2021|Uncategorized|Comments Off on CNA Central, CNA Surety Now Back Online; Work on Other Portals Continues

CNA Insurance said it continues to make progress in restoring its operations following a March 21 cyber attack. Today it announced that cna.com, including CNA Central and cnasurety.com are back online. This means that CNA’s small business agents and brokers …

1 04, 2021

Zurich Insurance Deepens Climate Change Strategy

By | April 1st, 2021|Uncategorized|Comments Off on Zurich Insurance Deepens Climate Change Strategy

Zurich Insurance Group said it will be taking further, deeper steps to help curb carbon emissions in line with the Paris Agreement’s goals to limit global warming. Targets will include its own internal operations, companies it invests in and businesses …

1 04, 2021

London Market Insurers’ 2020 Profits Canceled by COVID-19 but Rates Are Rising

By | April 1st, 2021|Uncategorized|Comments Off on London Market Insurers’ 2020 Profits Canceled by COVID-19 but Rates Are Rising

Pandemic-related losses in 2020 were substantial for London market insurers and offset most underwriting and investment returns, according to a report published by Fitch Ratings. The main drivers of losses were event cancellations and business interruption policies, with the impact …

1 04, 2021

People Moves: Aon’s Cook to Carpenter; Meyer Promoted to Chord Re CEO; Rocco Leads Everest Transformation

By | April 1st, 2021|Uncategorized|Comments Off on People Moves: Aon’s Cook to Carpenter; Meyer Promoted to Chord Re CEO; Rocco Leads Everest Transformation

This wrap-up of International People Moves details recent appointments at Guy Carpenter, Chord Re, and Everest Re. A summary of these new hires follows. Guy Carpenter Reinsurance broker Guy Carpenter & Co. announced the appointment of Sebastian Cook as managing …

1 04, 2021

American Family’s Stauffacher, Yancy, Others Assume Key Leadership Posts

By | April 1st, 2021|Uncategorized|Comments Off on American Family’s Stauffacher, Yancy, Others Assume Key Leadership Posts

The American Family Insurance group has announced leaders in several new and existing key positions. Jessie Stauffacher, president and CEO of CONNECT, powered by American Family Insurance, and Telisa Yancy, chief operating officer of American Family Insurance, will be promoted …

1 04, 2021

Massachusetts’ Risk Strategies Acquires Specialty Insurance Solutions

By | April 1st, 2021|Uncategorized|Comments Off on Massachusetts’ Risk Strategies Acquires Specialty Insurance Solutions

Risk Strategies, a Boston, Massachusetts-based national specialty insurance brokerage and risk management firm, has acquired Specialty Insurance Solutions (SIS), expanding capabilities in its national student health practice. Founded in 2007 by President Paul Mayo, SIS offers specialty products and services …

1 04, 2021

Former USPS Carrier Sentenced in Maryland for Working While Receiving Disability Comp

By | April 1st, 2021|Uncategorized|Comments Off on Former USPS Carrier Sentenced in Maryland for Working While Receiving Disability Comp

A former U.S. Postal Service (USPS) carrier has been sentenced on a federal charge in Maryland for making false statements to obtain disability compensation. U.S. District Judge Paula Xinis sentenced Ronald S. Repass, age 57, of Poolesville, Maryland, to five …