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1 12, 2020

Skyward Specialty Insurance Hires CNA’s Childs to Lead Construction Business

By | December 1st, 2020|Uncategorized|Comments Off on Skyward Specialty Insurance Hires CNA’s Childs to Lead Construction Business

Houston-based Skyward Specialty Insurance Group Inc. (Skyward Specialty) has added Rick Childs as senior vice president, Construction, to lead its growing construction business. Childs brings 25 years of commercial insurance industry experience, including the past decade focused on construction. Previously …

2 12, 2020

Insuring Cannabis Summit: Newly Legal States Could Yield $6B in Next 5 Years

By | December 2nd, 2020|Uncategorized|Comments Off on Insuring Cannabis Summit: Newly Legal States Could Yield $6B in Next 5 Years

Editor’s note: This is part of a series of articles based on panels and presentations during Insurance Journal’s 2020 Insuring Cannabis Summit on Nov. 19. There’s big money, and big opportunity for cannabis service and product providers, such as insurance …

1 12, 2020

An Emerging Risk of COVID-19 Pandemic: Rusty Pilots Making Flying Errors

By | December 1st, 2020|Uncategorized|Comments Off on An Emerging Risk of COVID-19 Pandemic: Rusty Pilots Making Flying Errors

On Sept. 15, an Indonesian flight carrying 307 passengers and 11 crew to the northern city of Medan momentarily veered off the runway after landing, sparking an investigation by the country’s transport safety regulator. It found the pilot had flown …

1 12, 2020

Outlooks Revised to Positive for Bremen Farmers Mutual Insurance in Kansas

By | December 1st, 2020|Uncategorized|Comments Off on Outlooks Revised to Positive for Bremen Farmers Mutual Insurance in Kansas

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb+” of Bremen Farmers Mutual Insurance Co. (Bremen) in Bremen, Kan. The …

1 12, 2020

No-Deal Brexit Is Still Possible with Trade Talks Remaining Snagged

By | December 1st, 2020|Uncategorized|Comments Off on No-Deal Brexit Is Still Possible with Trade Talks Remaining Snagged

A senior British minister said on Tuesday there was still a chance of a turbulent Brexit without a trade deal as talks with the European Union had snagged on fishing, governance rules and dispute resolution. Just 30 days before Britain …

1 12, 2020

North Carolina Regulator to Modify Moratorium on Lindberg Firms

By | December 1st, 2020|Uncategorized|Comments Off on North Carolina Regulator to Modify Moratorium on Lindberg Firms

A North Carolina Superior Court gave approval to the state’s insurance regulator to modify the moratorium on insurance businessman Greg Lindberg’s financially impaired Colorado Bankers and Bankers Life Insurance Companies. The order allows annuity contract owners to withdraw limited funds …

1 12, 2020

Bank Wins Suit Against Anbang Insurance After Ending Hotel Deal Due to Pandemic

By | December 1st, 2020|Uncategorized|Comments Off on Bank Wins Suit Against Anbang Insurance After Ending Hotel Deal Due to Pandemic

South Korean investment bank Mirae Asset Daewoo Co. Ltd. and affiliates won a U.S. court case against Anbang Insurance Group, a court document showed, after Mirae scrapped a $5.8 billion deal after the start of the pandemic to buy 15 …

1 12, 2020

Investigation Into Cause of Fire at Kansas Alcohol Plant Underway

By | December 1st, 2020|Uncategorized|Comments Off on Investigation Into Cause of Fire at Kansas Alcohol Plant Underway

Authorities say no one was hurt in an explosion and fire at a northeast Kansas distilling plant that was fined earlier this year over a noxious cloud of fumes that sent dozens to the hospital in 2016. Atchison Police Chief …

1 12, 2020

Private Equity Firm Cinven and Canada’s BCI to Buy Legacy Specialist Compre

By | December 1st, 2020|Uncategorized|Comments Off on Private Equity Firm Cinven and Canada’s BCI to Buy Legacy Specialist Compre

Cinven, an international private equity firm, and British Columbia Investment Management Corp. (BCI), one of Canada’s largest institutional investors, announced they have reached an agreement to acquire Compre, a specialist global consolidator of closed books of non-life insurance policies, from …

1 12, 2020

Black Firefighters in North Carolina Allege Racism Amid Larger Reckoning

By | December 1st, 2020|Uncategorized|Comments Off on Black Firefighters in North Carolina Allege Racism Amid Larger Reckoning

They threw her new cellphone on the roof of the station house and placed nails under the wheels of her pickup truck. As she prepared to answer a call, someone poured tobacco juice in her boots. It was too much …