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23 11, 2020

Torrent Technologies Adds Palomar Admitted Coverage to Flood Platform

By | November 23rd, 2020|Uncategorized|Comments Off on Torrent Technologies Adds Palomar Admitted Coverage to Flood Platform

Torrent Technologies, a flood insurance technology and servicing company and part of Marsh, has formed an agreement with Palomar Specialty Insurance Co. to provide Torrent’s Write-Your-Own (WYO) carrier clients and their agents new, admitted private flood insurance options. Under the …

23 11, 2020

RSG’s Trident Marine Managers, Global Special Risks Join Forces in Houston

By | November 23rd, 2020|Uncategorized|Comments Off on RSG’s Trident Marine Managers, Global Special Risks Join Forces in Houston

RSG Underwriting Managers LLC has consolidated two of its current managing underwriting manager businesses, Houston-based Trident Marine Managers (Trident) and Global Special Risks (GSR), and created a new practice vertical, Marine and Traditional Energy. Both managing general underwriting companies will …

23 11, 2020

Best Agency to Work For Southeast: SouthGroup Insurance Services

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Employees at SouthGroup Insurance Services don’t just like where they work – they LOVE it. And going through the pandemic has only reinforced their love and appreciation of their employer, selected as Insurance Journal’s Best Agency to Work For – …

23 11, 2020

Antidiscrimination Rules for Businesses OK’d by Georgia County Commissioners

By | November 23rd, 2020|Uncategorized|Comments Off on Antidiscrimination Rules for Businesses OK’d by Georgia County Commissioners

A middle Georgia county has approved an anti-discrimination ordinance that would govern businesses, despite opposition from some. Macon-Bibb commissioners voted 5-4 in favor of the proposal on Tuesday, sending it to Mayor Robert Reichert for his signature or veto, news …

23 11, 2020

Mississippi Casino Sues Insurer Westchester for Not Paying COVID-19 Loss

By | November 23rd, 2020|Uncategorized|Comments Off on Mississippi Casino Sues Insurer Westchester for Not Paying COVID-19 Loss

A Mississippi Gulf Coast casino has become one of many businesses nationwide to sue its insurer for refusing to cover business losses because of the coronavirus pandemic. Island View Casino Resort in Gulfport contends in the federal lawsuit that its …

22 11, 2020

Zurich in Talks to Acquire MetLife Unit for $4 Billion

By | November 22nd, 2020|Uncategorized|Comments Off on Zurich in Talks to Acquire MetLife Unit for $4 Billion

Switzerland’s Zurich Insurance Group AG is in advanced talks to acquire MetLife Inc’s U.S. property and casualty (P&C) car and home insurance unit for close to $4 billion, according to people familiar with the matter. Zurich Insurance issued a statement …

23 11, 2020

Kemper to Acquire American Access Casualty in Illinois for $370M

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Specialty insurer, Kemper Corp., has agreed to acquire American Access Casualty Co, and its related captive insurance agency, Newins Insurance Agency Holdings LLC, and its subsidiaries (collectively “AAC”). AAC is headquartered in Downers Grove, Ill. The $370 million transaction is …

23 11, 2020

The Liberty Company Insurance Brokers Adds Cuevas to Florida Office

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The Liberty Company Insurance Brokers has added Mike Cuevas to the firm’s Ft. Lauderdale, Fla., office. Cuevas has more than 30 years of experience with previous stops at Coastal Premier and Van Ameringen’s Insurance. Cuevas has worked with clients in …

23 11, 2020

Louisiana’s Main Street Recovery Program to Award Another $2.3M in Grants

By | November 23rd, 2020|Uncategorized|Comments Off on Louisiana’s Main Street Recovery Program to Award Another $2.3M in Grants

The Louisiana Main Street Recovery Program is adding another $2.3 million in funding to increase the number of grants that can be awarded to eligible small businesses. The additional money comes from a transfer of administrative funding and will allow …

23 11, 2020

America’s Best Agencies to Work For

By | November 23rd, 2020|Uncategorized|Comments Off on America’s Best Agencies to Work For

The votes are in for the 2020 Best Independent Insurance Agencies to Work For. While 2020 has been an unusual year for agency employees – many of whom have worked remotely for months – the pressures that have come with …