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Cross Insurance Acquires Maine’s Sargent, Tyler & West
Maine’s Cross Insurance reported it has acquired another leading Maine insurance agency, Sargent, Tyler & West in Bangor, and its Bucksport branch office, Roland Grindle Insurance Agency. Sargent, Tyler & West has been in business for nearly 200 years. Michael …
North Carolina Restores Workers’ Ability to Sue Over Workplace Discrimination
Minor changes to a North Carolina law limiting protections for LGBT people have been signed by the governor. Legislators left the law mostly intact during their yearly session. They did make a change requested by Republican Gov. Pat McCrory that …
Southland Man Sentenced for Grand Theft After Posing as Insurance Agent
A Southern California man has been sentenced for grand theft for posing as a licensed insurance broker, selling insurance to commercial truckers and then pocketing premiums. Cristian Raul Videla, 34, of Van Nuys, Calif., pleaded no contest this week to …
South Carolina Workers’ Comp Loss Costs Going Up, New Filing Requirements Take Effect
New requirements regarding the implementation of changes in workers’ compensation loss costs have been passed by the South Carolina Legislature, and the insurance department is reminding insurers to ensure they follow the new filing rules as loss cost increases will …
Central Insurance Promotes Lee to Regional Marketing Manager in Southeast
The Central Insurance Companies has promoted David Lee to Regional Marketing manager in the companies’ Southeast Regional Office. A graduate of the University of Georgia with a degree in Business Administration, Lee joined Central in 2003 in the Claims department. …
Uber Cleared to Offer Rides in West Virginia
Gov. Earl Ray Tomblin and U.S. Sen. Joe Manchin introduced Uber to West Virginia by hailing the state’s first ride. After an Uber trip from Capitol Market in Charleston to the state Capitol, Manchin and Tomblin announced Uber’s launch in …
BUA Launches Prize & Promotion Insurance Services, Taps Woodbury to Lead
BUA, LLC of Portsmouth, N.H., has launched Prize & Promotion Insurance Services (PPI). PPI will be led by 25-year industry veteran, Jack Woodbury. PPI will focus on three main promotion insurance product lines: Prize Indemnity Insurance covers prizes that are …
Everest Insurance Expands Umbrella, Excess Casualty Offering
Everest Insurance has expanded its umbrella and excess casualty offering with their new Peak Protect policy form. Peak Protect is an enhanced commercial umbrella policy form. Everest has also included Crisis Event Protection coverage on the new form, with an …
BHSI Launches Cyber Liability Cover in Australia; Osgood to Lead Product Line
Berkshire Hathaway Specialty Insurance Company (BHSI) announced it has introduced cyber liability insurance in Australia and named Emma Osgood as head of Cyber Liability in the region. BHSI is focusing on the mid-to-large-tier market segment and will tailor solutions for …
Massachusetts Lawmakers Negotiating Ridesharing Bill Compromise
Massachusetts House and Senate negotiators are set to begin hammering out a final version of a bill aimed at regulating ride-hailing services like Uber and Lyft. A six-member conference committee was scheduled to begin negotiations this week. The bills would …