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5 11, 2020

Capital Insurance Group in California Names Doll President and CEO

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Monterey, Calif.-based Capital Insurance Group has named Andy Doll president and CEO. Doll will take the helm of CIG beginning Jan. 1, 2021. Doll currently serves as senior vice president and chief operating officer at CIG. The move follows the …

5 11, 2020

MJ Hall & Co. Adds Scottish American’s Buchanan in California

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MJ Hall & Co. has named Stephanie Buchanan a lead broker specializing in commercial lines in the Stockton, Calif., office. Buchanan joins the team with experience in commercial lines brokerage, social media and marketing. She previously spent four years as …

5 11, 2020

Garateix Promoted to CEO of Heritage Insurance as Lucas Steps Down

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Heritage Insurance Holdings, Inc., a super-regional property and casualty insurance holding company, has announced Ernie Garateix, the company’s chief operating officer, has been promoted to chief executive officer and will join the board of directors, effective Nov. 30, 2020. Bruce …

5 11, 2020

Threat of U.S. Insurance Regulatory Crackdown Fades Without Democratic ‘Blue Wave’

By | November 5th, 2020|Uncategorized|Comments Off on Threat of U.S. Insurance Regulatory Crackdown Fades Without Democratic ‘Blue Wave’

Insurers appear to have dodged a revival of strict regulations and policy upheavals after an anticipated Democratic “Blue Wave,” which would have allowed progressives to push for broad reforms, failed to materialize on Wednesday, said industry executives. The U.S. presidential …

5 11, 2020

Hyperion Insurance Group Rebrands as Howden Group Holdings

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Hyperion Insurance Group announced that it has changed its name to Howden Group Holdings, effective immediately. The group was founded in 1994 as Howden Pangborn. The Hyperion name came into existence after the launch of the group’s underwriting business DUAL …

5 11, 2020

Insurer RSA Says Pandemic Exclusions Will Limit Impact of England’s 2nd Lockdown

By | November 5th, 2020|Uncategorized|Comments Off on Insurer RSA Says Pandemic Exclusions Will Limit Impact of England’s 2nd Lockdown

England’s second national lockdown is unlikely to have much impact on insurer RSA as many policies now have pandemic-related exclusions, its CEO said on Thursday as it reported a rise in underwriting profit in the first nine months. England started …

5 11, 2020

K2 Financial Receives Additional Capacity from Chaucer

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K2 International (K2), the specialty insurance and reinsurance underwriting platform, announced it has secured additional capacity support from Chaucer, the specialty re/insurance group. The agreement, which is effective from Nov. 1, 2020, will allow K2 Financial to provide significant capacity …

5 11, 2020

Another Severe Storm Threatens Philippines Just Days After Super Typhoon Goni

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The Philippines is bracing for a severe tropical storm that’s expected to hit its northern tip days after Super Typhoon Goni left. Storm Atsani will likely strengthen into a typhoon with peak intensity of 120 kilometers per hour as it …

5 11, 2020

Lloyd’s Drops Plan to Form Electronic Exchanges, Opting to Work with Existing Platforms

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Lloyd’s of London has dropped ambitious plans to set up its own electronic exchanges and will work with other existing platforms instead to speed up the underwriting process and cut costs, the commercial insurance market said on Thursday. Lloyd’s said …

5 11, 2020

Analysis: Exit from Paris Agreement Creates Climate Liability for U.S. Businesses

By | November 5th, 2020|Uncategorized|Comments Off on Analysis: Exit from Paris Agreement Creates Climate Liability for U.S. Businesses

The outcome of the U.S. general election is not yet clear. What’s been obvious for months is that climate change was on the ballot, and the U.S. election matters for global climate action. And one thing is certain: The U.S. …