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10 05, 2021

Oakbridge Insurance Agency Partners with The Greer Agency of Georgia

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Oakbridge Insurance Agency LLC, an independent insurance and risk management advisor, has formed a partnership with The Greer Agency, Inc of Georgia. Oakbridge and Greer closed the transaction on May 3, 2021, and terms of the transaction were not disclosed. …

10 05, 2021

North Carolina Insurance Dept. Warns of Door-to-Door Insurance Scams

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North Carolina Insurance Commissioner Mike Causey is warning people to be on alert for insurance scams after the North Carolina Department of Insurance received a report of scam artists going door-to-door claiming to be from department. In a statement, NCDOI …

10 05, 2021

Former California Agent Arraigned for Allegedly Stealing Insurance Payments

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Formerly licensed insurance agent Danny Raymond Armenta, 48, of Clovis, Calif. was arraigned on Monday in Fresno Superior Court on multiple felony counts of embezzlement, grand theft and diversion of fiduciary funds after allegedly using his position as an insurance …

10 05, 2021

Man Faces Arson Charges After $1M in Damage to Oregon Storage Units

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A man faces arson and criminal mischief charges after a fire at a storage facility near the Salem Municipal Airport in Oregon on Monday resulted in over $1 million in damages. Firefighters responded to a report of a large fire …

10 05, 2021

Colonial Pipeline Ransomware Attackers Say They Seek Cash, Not Chaos

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The ransomware gang accused of crippling the leading U.S. fuel pipeline operator said on Monday that it never meant to create havoc, an unusual statement that experts saw as a sign the cybercriminals’ scheme had gone awry. The FBI accused …

10 05, 2021

U.S. Offered No Advice on Whether Colonial Pipeline Should Pay Pay Ransom

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The White House declined to weigh in Monday on whether companies that are hacked like Colonial Pipeline should pay ransom to their attackers, but a national security official said it may offer some advice in the future. Anne Neuberger, deputy …

11 05, 2021

Highland Insurance Solutions Launches Admitted Builders Risk Coverage

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Managing general agent Highland Insurance Solutions has launched a builders risk product available on admitted paper for construction owners, contractors, developers and homeowners. Available in 26 states, the coverage is written through American National Insurance Co. Highland Insurance Solutions offers …

5 05, 2021

People Moves: AXA XL’s Powell Joins Zurich Financial Lines; BHSI Transactional Adds Lockton’s Thieviasingham

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Zurich Insurance Group has appointed Timothy Powell as global head Financial Lines and Cyber, a newly-created role that combines lines of business. Powell joins Zurich from AXA XL, where he most recently served as chief underwriting officer for International Financial …

10 05, 2021

Insurer UK Club Says Suez Canal Ship’s Reduced Claim Is Still Too Big

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CAIRO – UK Club, an insurer of the container ship that blocked the Suez Canal in March, said on Monday a reduced compensation claim made by the Egyptian authorities for almost $600 million to free the vessel and cover related …

11 05, 2021

French Court Throws Out Lawsuit for ‘Agent Orange’ Damage During Vietnam War

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PARIS – A French court on Monday threw out a lawsuit by a French-Vietnamese woman against more than a dozen multinationals that produced and sold a toxic herbicide dubbed “Agent Orange,” used by U.S. troops during the war in Vietnam. …