Century 21 Stores, an iconic New York off-price department store chain, filed for bankruptcy with plans to shut down, becoming the latest victim of the retail industry carnage that’s accelerated during the pandemic. The retailer will hold going out of …
The Texas Department of Insurance has issued a bulletin reminding all regulated entities, their agents, and their representatives that they are responsible for the accuracy of the data used in rating, underwriting, and claims handling – even if the data …
Oregon employers on average will pay less for workers’ compensation coverage in 2021, the Oregon Department of Consumer and Business Services announced today. The decline in costs marks eight years of average decreases in the pure premium rate – the …
Ames & Gough, an insurance broker and risk management consultant specializing in serving design professionals, law firms, associations/nonprofits and other professional service organizations, has appointed equity partner Allison Buytenhuys as senior vice president and Brian Lynch, Cady Sinks and Rachelle …
Safebuilt Insurance Services, a licensed program manager, has partnered with AF Group to expand its capacity for general liability programs for construction contractors. SIS Insure is a subsidiary of Integrated Specialty Coverages (ISC), a program administrator that builds insurance products …
Hub International Limited, a global insurance brokerage, has acquired the insurance brokerage assets of Charles R. (Rhett) Butler. Terms of the transaction were not disclosed. Rhett was part of Nationwide Mutual Insurance Company’s exclusive distribution model and is now joining …
Swiss privacy officials have come out in agreement with their counterparts in the European Union that the special data privacy deal with the U.S. does not satisfy the standards required to protect Swiss citizens. The officials cited concerns over U.S. …
As this trying year drags on, insurance agents might be tempted to take a quick breather. From a cyber liability perspective, however, the pressure on agents is ramping up over the rest of the year. Here’s why. In past columns, …
School officials and insurers across the country are facing questions about COVID-19-related insurance liability as they begin classes, but answers remain elusive, according to A.M. Best. “Uncertainty about the plethora of issues involved with school liability abounds,” A.M Best said …
Maryland Governor Larry Hogan requested a major disaster declaration from the federal government to help communities in three counties hit by Tropical Storm Isaias last month. If granted, it would provide financial help to Calvert, Dorchester and St. Mary’s counties …