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22 05, 2020

Woodruff Sawyer Adds Glover as Producer in California

By | May 22nd, 2020|Uncategorized|Comments Off on Woodruff Sawyer Adds Glover as Producer in California

Woodruff Sawyer has added Paul Glover to the San Francisco, Calif., office as a producer and account executive in the firm’s real estate practice. He has been bringing serving clients in the real estate and manufacturing industries for more than …

22 05, 2020

Federal Coronavirus Business Interruption Suits Now Top 100; Many More Expected

By | May 22nd, 2020|Uncategorized|Comments Off on Federal Coronavirus Business Interruption Suits Now Top 100; Many More Expected

A federal court has received notice that 101 lawsuits have been filed as of Wednesday seeking coverage from insurers for business interruption losses caused by COVID-19. Plaintiffs attorneys say they expect the number to rise into the thousands. “Ultimately, I …

22 05, 2020

SelectQuote Raises $350M in IPO; Shares Jump 40% in Market Debut

By | May 22nd, 2020|Uncategorized|Comments Off on SelectQuote Raises $350M in IPO; Shares Jump 40% in Market Debut

Shares of SelectQuote Inc. jumped more than 40% in their stock market debut on Thursday, giving the insurance policy comparison website a market valuation of over $4 billion. The company’s stellar offering is the latest sign of thawing in the …

22 05, 2020

U.S. Insurers Propose Taxpayer-Funded Business-Loss Coverage For Future Pandemics

By | May 22nd, 2020|Uncategorized|Comments Off on U.S. Insurers Propose Taxpayer-Funded Business-Loss Coverage For Future Pandemics

With U.S. insurance companies facing criticism over their response to the coronavirus outbreak, three industry groups on Thursday proposed putting the Federal Emergency Management Agency (FEMA) in charge of a taxpayer-backed program to protect businesses from revenue losses during future …

22 05, 2020

Michigan Flood Puts Privately Owned Dams in Harsh Spotlight

By | May 22nd, 2020|Uncategorized|Comments Off on Michigan Flood Puts Privately Owned Dams in Harsh Spotlight

The dams that breached after days of heavy rain in central Michigan are privately owned and had been the center of controversy for several years. Now Governor Gretchen Whitmer is saying these critical facilities should not be in private hands. …

22 05, 2020

LP Insurance Services Adds Layne in Employee Benefits in Nevada

By | May 22nd, 2020|Uncategorized|Comments Off on LP Insurance Services Adds Layne in Employee Benefits in Nevada

LP Insurance Services LLC has named Chad Layne to the southern Nevada employee benefits sales team. Layne has been a benefits insurance broker for more than 25 years. Most recently he was president of Layne Insurance Services. He began his …

22 05, 2020

Menard Inc. in Michigan for Sued by EEOC for Sexual Harassment

By | May 22nd, 2020|Uncategorized|Comments Off on Menard Inc. in Michigan for Sued by EEOC for Sexual Harassment

Menard Inc., which operates over 300 Menards home improvement stores in 14 states, has been sued by federal authorities on charges that it failed to act on multiple complaints of sexual harassment by an assistant manager at its facility in …

22 05, 2020

Brazil Reinsurer IRB Eyes Purchase of Foreign Competitors’ Portfolios: Sources

By | May 22nd, 2020|Uncategorized|Comments Off on Brazil Reinsurer IRB Eyes Purchase of Foreign Competitors’ Portfolios: Sources

Brazilian reinsurer IRB Brasil Resseguros SA is in advanced negotiations to buy rivals’ portfolios in Brazil and elsewhere in Latin America as foreign competitors scale back in the region, two sources close to the company told Reuters. Any such acquisition …

22 05, 2020

SUNZ Insurance Solutions in Florida Names Leonard as President

By | May 22nd, 2020|Uncategorized|Comments Off on SUNZ Insurance Solutions in Florida Names Leonard as President

Rick Leonard, former director of Sales and executive vice president with SUNZ Insurance Solutions, has been appointed president of the company. Leonard has been with SUNZ, a national provider of workers’ compensation insurance, for nearly 10 years and initially joined …

22 05, 2020

Zurich North America Brings Apprenticeship Program to New York City

By | May 22nd, 2020|Uncategorized|Comments Off on Zurich North America Brings Apprenticeship Program to New York City

Zurich North America is expanding its professional apprenticeship program from its Chicagoland headquarters to its downtown New York City office this fall, with the Borough of Manhattan Community College (BMCC) as the education provider. Zurich is a provider of insurance …