The McGowan Companies (McGowan), based in Fairview, Ohio, has purchased the assets of M.P. Caplice Insurance Group LLC and related entities (M.P. Caplice). In the near future, M.P. Caplice will be re-branded under the McGowanPro brand. Located in Hinsdale, Ill., …
A California appeals court on Thursday unanimously ruled against ride-hailing companies Uber Technologies Inc. and Lyft Inc., saying they must reclassify their drivers in the state as employees. While the ruling does not take effect before a Nov. 3 company-sponsored …
AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings to “a” from “a-” of Arbella Mutual Insurance Company and its three pooled insurance entities, Covenant Insurance Company in Farmington, …
Italy’s tax police raided the offices of state railway Ferrovie dello Stato (FS) and Generali to gather documents in a probe related to the awarding of contracts to the Italian insurer, a document seen by Reuters on Friday showed. A …
Dallas-based specialty lines insurance manager, Risk Theory LLC, has launched of a new specialty underwriting unit, Carbon Underwriters, for downstream energy contractors. Carbon Underwriters’ multi-line insurance offering, led by niche Vice President Jonathan Doke, is essential for downstream energy contractors …
Sarasota, Fla.-based property and casualty insurer FCCI Insurance Group (FCCI) has written its first policy in Pennsylvania with the agency Babb Inc. This comes as September 2020 marks FCCI’s first month of operation in the state and reflects the company’s …
The Tennessee Department of Commerce & Insurance (TDCI) has promoted Jonathan Habart to the role of Captive Insurance Section assistant director. As a TDCI team member since 2016, Habart recently served as a TDCI Captive Insurance specialist, which included work …
The Tavern League of Wisconsin has sued Gov. Tony Evers’ administration over new limits on bar and restaurant capacity. The lawsuit by the powerful lobbying group, filed in Sawyer County, seeks to immediately block enforcement of Evers’ latest order capping …
An Ohio county council has voted to pay the estate of a man who killed himself at a troubled county jail $950,000 to settle a wrongful death lawsuit. Gregory Fox, 36, was one of nine inmates who died between June …
Gemini Financial Holdings Corporation (GFHC), the parent company of Olympus Insurance Co., has hired John W. Rollins to the role of chief financial officer, effective Oct. 19, 2020. Rollins has 30 years of experience as a property-casualty actuary, the last …