Louisiana’s single season named-storm/hurricane deductible law prohibits a homeowner from paying more than one named-storm/hurricane deductible in the same hurricane season, the state insurance department is reminding vulnerable policyholders in advance of Hurricane Delta. Louisiana Insurance Commissioner Jim Donelon wants …
General Electric said on Tuesday it has received a notice from U.S. Securities and Exchange Commission staff, warning that the company could face a civil action for possible violations of securities laws related to accounting practices for some of its …
Oregon officials are relaxing some requirements for handling ash and debris containing asbestos to speed work in removing debris from homes and buildings destroyed by wildfires. The Oregon Environmental Quality Commission on Friday also authorized the temporary stockpiling of asbestos-containing …
Bob Gulino has been appointed as head of The Hartford’s Central Division for the company’s middle and large commercial insurance business. Gulino now leads the sales and underwriting operations for the company’s independent agents, brokers and customers across 13 Midwestern …
A construction company owner was arrested last month for workers’ compensation premium fraud after allegedly concealing payroll information to avoid paying more than $95,000 in workers’ compensation premiums. According to the Florida Department of Financial Services (DFS), Everardo Borettini, the …
The board of directors of AssuredPartners has appointed Thomas E. Riley as chief executive officer. Jim Henderson, the current CEO, will assume the role of executive chairman. The transition will be effective January 1, 2021, at which time, Henderson, Riley …
Swiss Re and Daimler Insurance Services have entered into a strategic partnership for automotive and mobility insurance and launched a new managing general agent called Movinx. The aim of the 50/50 joint venture is to develop fully digital automotive and …
Newfront Insurance has added a team of insurance brokers who were formerly part of Paramount Insurance in Fresno, Calif. The move reflects Newfront’s growing investment in agriculture, service and manufacturing. The new additions are: Danny Vance, principal and sales director. …
Premium income for the London company market grew by 10% last year with £21.436 billion of large commercial and wholesale risks underwritten by firms in the City. A new report from the International Underwriting Association also shows that another £6.197 …
All licensed insurance producers and adjusters operating in North Carolina with a continuing education compliance period that ended in February, March, April, May and June 2020 must complete the state mandated CE requirements by Oct. 31, 2020 or face having …