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14 09, 2020

Triple Threat: Carrier-Insurtech-Agency Partnerships Can Transform Commercial Lines

By | September 14th, 2020|Uncategorized|Comments Off on Triple Threat: Carrier-Insurtech-Agency Partnerships Can Transform Commercial Lines

COVID-19 has changed many things in the insurance industry. Seemingly overnight everyone is working from home and the companies with the best digital customer experiences have the advantage. Yet, commercial lines insurance has a long way to go when it …

15 09, 2020

COVID-19 Crisis Reveals Lessons to Learn, Digital Opportunities

By | September 15th, 2020|Uncategorized|Comments Off on COVID-19 Crisis Reveals Lessons to Learn, Digital Opportunities

In every crisis, lessons must be learned, but opportunities also are revealed. And so it goes with the COVID-19, which has shown the need for contract certainty in the re/insurance industry, while at the same time providing an impetus toward …

14 09, 2020

Major U.K. Ruling on Business Insurance for Covid-19 Claims Expected Tuesday

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Insurers battered by coronavirus are about to find out how much worse the damage could get. A London court is set to rule Tuesday in a case involving about 370,000 policyholders, companies including Zurich Insurance Group AG and Hiscox Ltd. …

14 09, 2020

California Ag Firm Owner, Daughter Arraigned in $2.5M Workers’ Comp Scheme

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Felipe Saurez Barocio, 63, of Atwater, owner of Agriculture Services Inc., and his daughter, Angelita Barocio-Negrete, 33, of Merced, were arraigned today on multiple felony counts of insurance fraud after allegedly underreporting employee payroll by $11 million in order to …

14 09, 2020

Senators Back Tighter Aircraft Oversight, Plane Crash Data Disclosure

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The U.S. Senate Commerce Committee will vote on Wednesday to require the Federal Aviation Administration (FAA) to quickly disclose risk assessments after fatal air crashes in a bid to significantly tighten industry oversight. Senate Commerce Committee chairman Roger Wicker, a …

14 09, 2020

Update: Hurricane Sally Threatens U.S. Gulf Coast as ‘Rainmaker’

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Louisiana and Mississippi residents were under evacuation orders on Monday as Hurricane Sally churned across the Gulf of Mexico, strengthening to a hurricane ahead of expected landfall on Tuesday, the U.S. National Hurricane Center said. The second storm in less …

14 09, 2020

Slovenian Woman Sentenced for Cuting Off Her Hand for Insurance Payout

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A court in Slovenia on Friday sentenced a 22-year-old woman to two years in prison for deliberately cutting off her hand with a circular saw to make a fraudulent insurance claim. The district court in Ljubljana said Julija Adlesic agreed …

14 09, 2020

Michigan Auto Insurer Hagerty Adds Hunter as VP, Brand

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Hagerty, based in Traverse City, Mich., has added Laura Hunter to its Brand team as vice president of Brand Communications. Reporting to Soon Hagerty, senior vice president of Brand, Hunter oversee public relations, corporate citizenship and external communications. Hunter joins …

14 09, 2020

Guy Carpenter’s Riley to Join Lockton Re Aviation Practice in London

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Global reinsurance broker Lockton Re announced that Dominic Riley will be joining Lockton Re in London to lead the Aviation & Aerospace practice early next year. Riley was most recently part of the Aviation team at Guy Carpenter having joined …

14 09, 2020

Florida Bars Reopening at 50% Capacity

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Florida bars will be allowed to reopen at 50% capacity starting Monday, state officials announced Thursday. At the direction of Gov. Ron DeSantis, Florida Department of Business and Professional Regulation Secretary Halsey Beshears issued an emergency order rescinding a previous …