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6 11, 2020

Vertus, Zurich Expand Hurricane Deductible Buy-Back Program Into S.C., N.C., Va.

By | November 6th, 2020|Uncategorized|Comments Off on Vertus, Zurich Expand Hurricane Deductible Buy-Back Program Into S.C., N.C., Va.

Vertus Insurance Partners and Zurich North America have expanded the Cat4Home deductible buy-back insurance product to customers in South Carolina, North Carolina and Virginia. The expanded offering comes on the heels of the second most active Atlantic hurricane season on …

5 11, 2020

Delaware Elects Incumbent Insurance Commissioner Navarro to Second Term

By | November 5th, 2020|Uncategorized|Comments Off on Delaware Elects Incumbent Insurance Commissioner Navarro to Second Term

Delaware’s Incumbent Insurance Commissioner Trinidad Navarro has been elected to a second term, beating out opponent Dr. Julia Pillsbury with roughly 60% of the votes, according to New York Times data. Pillsbury was the candidate for the Republican party in …

5 11, 2020

Newfront Insurance in California Adds Tennis in Employee Benefits

By | November 5th, 2020|Uncategorized|Comments Off on Newfront Insurance in California Adds Tennis in Employee Benefits

Newfront Insurance in San Francisco, Calif., has named Dana Tennis a principal and employee benefits producer. Tennis was previously with Marsh & McLennan Agency as a client sales executive. She was a business performance advisor with Insperity before that. Newfront …

5 11, 2020

AXIS Insurance Hires 6 Underwriters for Cyber and Technology Team

By | November 5th, 2020|Uncategorized|Comments Off on AXIS Insurance Hires 6 Underwriters for Cyber and Technology Team

AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Ltd., announced the hiring of three lead underwriters and three senior underwriters within its U.S. Cyber and Technology team. The three lead undewriters are Ashley Sales, Southeast Regional underwriting …

5 11, 2020

U.S. P/C Insurer Impairments Rises Slightly in 2019: AM Best

By | November 5th, 2020|Uncategorized|Comments Off on U.S. P/C Insurer Impairments Rises Slightly in 2019: AM Best

The U.S. property/casualty industry saw 13 new insurance company impairments in 2019, two more than in 2018, involving entities operating in a mix of lines of business and a variety of states, according to a new AM Best special report. …

5 11, 2020

Coverys European Holdings Subsidiary Acquires Lloyd’s Italian Coverholder Gava

By | November 5th, 2020|Uncategorized|Comments Off on Coverys European Holdings Subsidiary Acquires Lloyd’s Italian Coverholder Gava

AEC Wholesale Group, a subsidiary of Coverys European Holdings (CEH), announced the acquisition of Gava S.R.L, a Lloyd’s coverholder based in Brindisi, Italy. AEC Group will assume 100% ownership of Gava, bringing the Italian Lloyd’s coverholder into its existing network …

5 11, 2020

Arthur J. Gallagher & Co. Buys Australia’s Effectus Consulting Pty Ltd.

By | November 5th, 2020|Uncategorized|Comments Off on Arthur J. Gallagher & Co. Buys Australia’s Effectus Consulting Pty Ltd.

Arthur J. Gallagher & Co. announced the acquisition of Brisbane, Queensland-based Effectus Consulting Pty Ltd. Terms of the transaction were not disclosed. Effectus Consulting is a data-driven employee and leadership development firm offering HR and talent development strategies, talent diagnostics, …

5 11, 2020

Causey Re-Elected as North Carolina Insurance Commissioner

By | November 5th, 2020|Uncategorized|Comments Off on Causey Re-Elected as North Carolina Insurance Commissioner

Incumbent Mike Causey, a Republican, has defeated Democrat Wayne Goodwin in the third rematch between the two candidates for the position of North Carolina Insurance Commissioner. The Associated Press reported Wednesday night that Causey beat Goodwin with 52% of the …

5 11, 2020

Former Insurance Agent Charged, Has License Permanently Revoked in Wisconsin

By | November 5th, 2020|Uncategorized|Comments Off on Former Insurance Agent Charged, Has License Permanently Revoked in Wisconsin

A former insurance agent in Wisconsin charged with violations of insurance laws has had his license permanently revoked and must pay a penalty of more than $37,000, the state insurance commissioner’s office reported. The Office of the Commissioner of Insurance …

5 11, 2020

Liability, Safety and Infrastructure Concerns Slow Development of Self-Driving Cars

By | November 5th, 2020|Uncategorized|Comments Off on Liability, Safety and Infrastructure Concerns Slow Development of Self-Driving Cars

Tesla recently made headlines with the beta launch of its Full Self-Driving system. That system comes with a disclaimer saying, “It may do the wrong thing at the worst time, so you must always keep your hands on the wheel …