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11 07, 2022

People Moves: BHSI Names Guinea to Customer Post in Spain; Catalina Appoints New CEOs in Asia and U.S.

By | July 11th, 2022|Uncategorized|Comments Off on People Moves: BHSI Names Guinea to Customer Post in Spain; Catalina Appoints New CEOs in Asia and U.S.

BHSI Names Guinea to Customer Engagement Post in Spain Berkshire Hathaway Specialty Insurance (BHSI) announced that Eduardo Guinea has joined the organization as head of customer and broker engagement in Spain. He will be based in Madrid. Guinea comes to …

11 07, 2022

Yosemite Wildfire Growing as California’s Wildfire Season Develops

By | July 11th, 2022|Uncategorized|Comments Off on Yosemite Wildfire Growing as California’s Wildfire Season Develops

A wildfire threatening the largest grove of giant sequoias in Yosemite National Park more than doubled in size in a day, and firefighters were working in difficult terrain Sunday to protect the iconic trees and a small mountain town as …

8 07, 2022

Tech Giants Brace for Legal Mess of Abortion Data Subpoenas

By | July 8th, 2022|Uncategorized|Comments Off on Tech Giants Brace for Legal Mess of Abortion Data Subpoenas

Technology giants including Apple Inc., Microsoft Corp. and Google, facing questions about whether they’d hand over users’ personal data to authorities pursuing evidence on abortion seekers, are bracing for the multi-state legal quagmire that will govern privacy in a post-Roe …

8 07, 2022

Cowbell Doubles Underwriting Capacity With Palomar

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Cowbell Cyber said it reached an agreement with Palomar Excess & Surplus Insurance Company to double the available reinsurance capacity for Cowbell Prime 250, Cowbell’s cyber coverage for businesses with up to $250 million in revenue. The expanded relationship between …

8 07, 2022

Insurtech Venture Capital Fund Seeks Digital MGA Startups for Lab

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InsurTech Fund, a venture capital fund associated with InsurTech NY, has announced that it will be accepting applications for its first Digital MGA Lab, a three-month program focused on managing general agents. The program is designed for digital brokers, analytics …

8 07, 2022

Florida’s Capacity Insurance Gets Downgraded, Stops Writing New Business

By | July 8th, 2022|Uncategorized|Comments Off on Florida’s Capacity Insurance Gets Downgraded, Stops Writing New Business

AM Best has withdrawn its financial strength rating for Sunrise, Florida-based Capacity Insurance, and the company has stopped writing new business. “Due to a variety of circumstances, the Florida market has undergone tremendous changes over the last year. As a …

8 07, 2022

New York City to Provide Inflatable Dams to Homeowners at Risk for Floods

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Homes at high risk for flooding in New York City will receive free inflatable dams in a new plan rolled out Thursday by Mayor Eric Adams. The plan aims to prepare city dwellers for extreme rainfall and costs the taxpayers …

8 07, 2022

Porch Group’s Homeowners Insurance Enters Delaware, Its 19th State

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Home services firm Porch Group announced the expansion of its homeowners insurance services, Homeowners of America (HOA), to Delaware, its 19th state. Porch Group is a Seattle-based, technology platform that provides software and services to home services companies including home …

8 07, 2022

Severe Storms Cause Damage, Power Outages in South Dakota

By | July 8th, 2022|Uncategorized|Comments Off on Severe Storms Cause Damage, Power Outages in South Dakota

Xcel Energy says 55,000 customers lost service when a long line of severe thunderstorms rolled across South Dakota. By Wednesday morning, 90% of power lost on Tuesday has been restored by more than 600 employees and contractors working in the …

8 07, 2022

Hub Acquires Louisiana’s Shaver-Robichaux Agency

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Hub International Limited acquired the assets of Shaver-Robichaux Agency, Inc. (Shaver-Robichaux). Terms of the transaction were not disclosed. Located in Thibodaux and Raceland, Louisiana, Shaver-Robichaux is an independent agency providing commercial and personal insurance solutions, including home, auto, health, life …