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15 10, 2020

Catastrophe Risk Experts Estimate Up to $3B in U.S. Insured Losses from Delta

By | October 15th, 2020|Uncategorized|Comments Off on Catastrophe Risk Experts Estimate Up to $3B in U.S. Insured Losses from Delta

Two catastrophe risk and property data providers have estimated U.S. onshore insured losses from Hurricane Delta will come in at between $0.7 billion and $3 billion. Global property information, analytics and data provider CoreLogic reported that insured wind losses for …

15 10, 2020

Northwest Windstorm Kills 1, Thousands Lose Power

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One person died after a tree fell on them and thousands of people in western Washington were without power as high winds blew into the region Tuesday. According to Anne Nesbit with Key Peninsula Fire, a tree fell on a …

15 10, 2020

Top 10 Stolen Vehicles; Ford Beats Honda

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Car thieves have a new favorite target: the Ford full-size pickup. According to the National Insurance Crime Bureau’s latest “Hot Wheels” report, which includes crime data from across the country, Ford full-size pickups were the most stolen vehicle in 2019, …

15 10, 2020

North Carolina Sues for Damages in ‘Forever Chemicals’ Release

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The state of North Carolina sued on Tuesday to seek financial damages from companies associated with so-called “forever chemicals” released for decades from a Bladen County plant into the Cape Fear River. Attorney General Josh Stein, who is also a …

15 10, 2020

States Oppose U.S. Settlement with Purdue Over OxyContin

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A group of 25 state attorneys general oppose a settlement of U.S. opioid probes being negotiated with Purdue Pharma LP and members of the wealthy Sackler family who own it, arguing the deal would improperly entangle state and local officials …

15 10, 2020

New South Carolina Law Creates Resilience Office to Address Flooding

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After five years filled with unprecedented flooding, South Carolina has now established an office to marshal the state’s efforts in stemming floodwaters and coordinating recovery and relief efforts. Governor Henry McMaster held a ceremonial signing Tuesday in Charleston to commemorate …

15 10, 2020

The Liberty Company Insurance Brokers Adds Bloodgood in California

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The Liberty Company Insurance Brokers has added Wes Bloodgood to the Woodland Hills, Calif., office. Bloodgood has experience in high net worth personal lines risk management, as well as experience with high risk properties. He was previously with Altamont Insurance …

15 10, 2020

FM Global Creates Specialty Division for Forest Products, Chemical Industry

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Commercial property insurer FM Global is creating a new division within the company to further strengthen its focus on serving the property risk management needs of the forest products and chemical industries. James P. O’Brien, a 31-year veteran of the …

15 10, 2020

Pirate Kidnappings in Waters Off Coast of West Africa Rise by 40%: Study

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The number of kidnappings reported off the West African coast in the year through September is 40% higher than the same period in 2019, according to the International Maritime Bureau. Piracy incidents in the Gulf of Guinea contributed to a …

15 10, 2020

Hull & Company Acquires Assets of J.E. Brown & Associates in California

By | October 15th, 2020|Uncategorized|Comments Off on Hull & Company Acquires Assets of J.E. Brown & Associates in California

Hull & Company LLC, a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of J.E. Brown & Associates Insurance Services Inc. Following the transaction, the J.E. Brown team will continue doing business under the leadership …