Universal Property & Casualty Insurance Co. (Universal Property), a subsidiary of Florida-based Universal Insurance Holdings Inc., has begun writing homeowners insurance policies in Iowa. With the company’s entry into Iowa, consumers in 19 states can purchase a Universal Property policy …
Minnesota-based Medtronic has agreed to pay $9.2 million to resolve allegations that it paid kickbacks to a South Dakota neurosurgeon and failed to accurately report them, the Department of Justice has announced. The settlement resolves allegations that Medtronic paid for …
A Tennessee insurance commissioner who submitted his resignation last week faced an investigation over allegations of sexual misconduct by one of his department’s employees, records show. According to a Department of Commerce and Insurance investigation summary report, there was “insufficient …
Millions of people were without power and at least six were dead Thursday after Hurricane Zeta slammed into Louisiana and made a beeline across the South, leaving shattered buildings, thousands of downed trees and fresh anguish over a record-setting hurricane …
R.E. Chaix & Associates Insurance Brokers Inc. has purchased the assets of National Advantage Insurance Services Inc. in Tustin, Calif. National Advantage Insurance Services specializes in commercial auto, property/casualty and personal lines. R.E. Chaix & Associates is headquartered in Orange …
The California Division of Workers’ Compensation announced that the 2021 minimum and maximum temporary total disability rates will increase on Jan. 1, 2021. The minimum TTD rate will increase from $194.91 to $203.44 and the maximum TTD rate will increase …
Seeman Holtz Property & Casualty has expanded its management team for the Seeman Holtz Private Client Group, its high net worth personal lines insurance division. Joining Somtip Brunner, vice president of Sales for Private Client Group, is Terry Sgammato, national …
QBE North America has named Lucas Prahl senior vice president, regional underwriting leader, for the Western region. The company has also named Bobby Steinsdoerfer senior vice president, regional underwriting leader, in the Central region. Prahl, who joined QBE in 2017, …
Insurance and financial services firm, Alera Group, has appointed Debra Martinez as the organization’s chief human resources officer (CHRO). Based in Houston, Martinez will lead the strategic direction of all aspects of talent management, including training and development, diversity and …
Rolling Meadows, Ill.-based Risk Placement Services (RPS), a specialty insurance distributor and Lloyd’s coverholder, has launched RPS Signature Programs, a new brand for its program administration division. Collectively, RPS Signature Programs offers industry-specific proprietary solutions on an admitted and non-admitted …