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16 09, 2020

Keystone Agency Investors Acquires 4 Missouri Agencies, Forms Midwest Risk Partners

By | September 16th, 2020|Uncategorized|Comments Off on Keystone Agency Investors Acquires 4 Missouri Agencies, Forms Midwest Risk Partners

Keystone Agency Investors (KAI), a new strategic partnership formed by Keystone Insurers Group and Bain Capital Credit, has acquired four St. Louis, Missouri-based insurance agencies, which together will form Midwest Risk Partners LLC, a custom insurance platform serving the greater …

16 09, 2020

Baird Joins WSS’ Houston Surplus Lines as Sr. Broker/Underwriter

By | September 16th, 2020|Uncategorized|Comments Off on Baird Joins WSS’ Houston Surplus Lines as Sr. Broker/Underwriter

Western Security Surplus (WSS), a part of XPT Partners, has hired industry veteran Suzy Baird as senior broker/underwriter with Houston Surplus Lines (HSL), a division of WSS. Baird is based out of the WSS Houston office. Most recently, Baird held …

16 09, 2020

2 Charges Against Arkema, Managers over Plant Fire During Harvey Dismissed

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A judge has dismissed two of the charges a chemical manufacturer and one of its former executives were facing during an ongoing trial over a fire at the company’s suburban Houston plant during Hurricane Harvey that sent toxic smoke into …

16 09, 2020

Brown & Brown Acquires Assets of Brookstone Insurance Group in Texas

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Brown & Brown Lone Star Insurance Services Inc., a subsidiary of Florida-based Brown & Brown Inc., has acquired substantially all of the assets of Brookstone Insurance Group. Brookstone Insurance Group provides commercial and personal insurance solutions to customers throughout the …

16 09, 2020

South Dakota AG Thought He Hit a Deer; It Was a Man

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South Dakota Attorney General Jason Ravnsborg said in a statement late on Sept. 14 that he realized he had struck and killed a man walking along a rural stretch of highway only after returning to the scene the next day …

16 09, 2020

U.S. Gulf Inundated by Massive Floods from Hurricane Sally

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Hurricane Sally slammed the U.S. Gulf Coast with high winds and heavy rains on Wednesday, turning coastal towns into lakes in the latest in a busy season of dangerous storms in the United States. The storm landed as a Category …

16 09, 2020

California Commissioner Holding Hearing on Homeowners Rates in Wake of Wildfires

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California Insurance Commissioner Ricardo Lara said today that he will convene an investigatory hearing in October in advance of initiating a series of regulatory actions that will protect residents from the increasing risk of wildfires. His announcement comes as devastating …

16 09, 2020

South Carolina Halts Temporary Producer Licenses Related to COVID-19 Emergency

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The South Carolina Department of Insurance will no longer issue temporary producer licenses related to the COVID-19 State of Emergency, according to a bulletin issued by the department on Sept. 15. SCDOI said as of the bulletin’s issuance, there is …

16 09, 2020

The Hanover Targets Home-Based Businesses with New Coverage Suite

By | September 16th, 2020|Uncategorized|Comments Off on The Hanover Targets Home-Based Businesses with New Coverage Suite

The Hanover Insurance Group, Inc. has launched a suite of coverages designed to protect homeowners who generate income through home-based businesses or short-term rentals of their properties. The Hanover’s new offering addresses a gap insurance coverage and is designed to …

16 09, 2020

Boeing Crash Victims’ Families Want Congress to Lift Shield on Planemakers’ Liability

By | September 16th, 2020|Uncategorized|Comments Off on Boeing Crash Victims’ Families Want Congress to Lift Shield on Planemakers’ Liability

Families of Boeing 737 MAX crash victims are urging U.S. lawmakers to ensure the planemaker is held accountable for accidents that together killed 346 people by blocking a key legal defense, according to a letter sent on Tuesday and seen …