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12 11, 2020

Alabama Auto Part Maker Pleads Guilty in Worker Death, Will Pay $1.5M Fine

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Company pleads guilty to charge related to worker death A judge on Monday ordered an auto parts manufacturer to pay $1.5 million after admitting violating federal safety standards before a worker was crushed to death by a robotic machine. The …

12 11, 2020

Frank Winston Crum Expands GL, Excess Programs into N.C., S.C., Tenn.

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Frank Winston Crum Insurance (FWCI) has launched general liability and excess liability insurance programs in North Carolina, South Carolina and Tennessee to coincide with its previously available worker’s compensation program. The general liability program serves a niche contractor market and …

12 11, 2020

Erratic Tropical Storm Eta Makes Landfall on Florida’s West Coast

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Tropical Storm Eta made landfall on Florida’s west coast Thursday, bringing heavy rain and gusty winds to northern parts of the peninsula. Eta came ashore near Cedar Key at 4 a.m. New York time, with maximum sustained winds of 50 …

12 11, 2020

Texas Seeks Comments on Windstorm Association Rules, Classifications for Oil, Gas Operations

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The Texas Department of Insurance (TDI) seeks comments on an informal draft to improve the structure of Texas Windstorm Insurance Association (TWIA) rules. These updates do not include revisions to the rule text. Visit the TDI website to view the …

12 11, 2020

HIIG Adds Public Company D&O Coverage, Picks AIG’s Bujosa to Lead

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Houston International Insurance Group, Ltd., has expanded its management liability coverage offerings to include an excess public D&O (Directors and Officers) product. As part of this expansion, the company hired underwriter Peter Bujosa, as Public D&O lead. Bujosa previously worked …

12 11, 2020

Arthur J. Gallagher Acquires AWIS Group in California

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Arthur J. Gallagher & Co. has acquired San Diego, Calif.-based AWIS Group. Terms of the deal were not disclosed. The AWIS team will continue to operate from their current location under the direction of Adam Mazan, head of the Pacific …

12 11, 2020

R.E. Chaix & Associates Insurance Brokers Acquires Rancho Pacific in California

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R.E. Chaix & Associates Insurance Brokers has acquired Rancho Pacific Insurance Services in California. Founded by Tracy Prettyman, Rancho Pacific Insurance Services is a wholesale brokerage specializing in commercial general liability, property, inland marine, business owners policies, lessors risk, commercial …

12 11, 2020

Louisiana Court Schedules Trial on First Coronavirus Business Interruption Lawsuit

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A trial will begin Monday in what is thought to be the first lawsuit to be filed against an insurer for denying coverage for business-interruption losses caused by COVID-19 shutdown orders. Judge Paulette R. Irons ruled against a motion for …

12 11, 2020

Cannabis Broker Spotlight: Meade of Brown & Brown Had His “Ah-Ha” Moment After Getting into the Business

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Editor’s note: This part of a series of profiles on cannabis brokers, in which Insurance Journal explores why and how these folks got into the business, the ups and downs of insuring cannabis, as well as a few tips for …

12 11, 2020

Coverys Managing Agency Placing Lloyd’s Syndicate 1991 Into Runoff

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Coverys Managing Agency Ltd. announced that its DTW Syndicate 1991 at Lloyd’s of London will stop accepting new and renewal business starting December 31, 2020. “Every effort has been made to implement remediation measures on underperforming business over the past …