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16 04, 2021

Risk of COVID-19 Exposure on Airlines Drops when Middle Seats Are Empty: Study

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The risk of being exposed to the COVID-19 virus on an airline flight drops by as much as half when airlines keep middle seats open, a new study published by the U.S. government concludes, a safety practice the carriers have …

16 04, 2021

Tennessee Insurance Dept. Receives NAIC Accreditation

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The Tennessee Department of Commerce and Insurance (TDCI) has received accreditation from the National Association of Insurance Commissioners (NAIC). The NAIC is the U.S. standard-setting and regulatory support organization created and governed by the chief insurance regulators from the 50 …

16 04, 2021

Willis Towers Watson Launches ‘Radar Workbench’ for Commercial Underwriters

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Insurance broker Willis Towers Watson has launched Radar Workbench, new software technology aims to transform the performance of frontline commercial underwriters. “Radar Workbench has been developed to provide the optimal environment that supports underwriters in making complex decisions at pace …

16 04, 2021

Tennessee Insurance Dept. Receives NAIC Accreditation

By | April 16th, 2021|Uncategorized|Comments Off on Tennessee Insurance Dept. Receives NAIC Accreditation

The Tennessee Department of Commerce and Insurance (TDCI) has received accreditation from the National Association of Insurance Commissioners (NAIC). The NAIC is the U.S. standard-setting and regulatory support organization created and governed by the chief insurance regulators from the 50 …

16 04, 2021

Massachusetts Regulators Seek to Revoke Robinhood’s License; Brokerage Sues

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Massachusetts regulators on Thursday sought the revocation of Robinhood’s broker-dealer license after charging that it encourages inexperienced investors to place risky trades without limits, while the online brokerage sued to invalidate a new rule underlying the case. Massachusetts Secretary of …

16 04, 2021

California Siblings Arraigned in $1.4M Workers’ Comp Scheme

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California farm labor company owners and siblings Elias Perez, 40, of Greenfield, and Alejandra Perez, 37, of Soledad, were arraigned on over 20 felony counts of insurance and tax fraud after allegedly underreporting payroll by over $17 million resulting in …

15 04, 2021

Hallmark Financial Plans to Pursue IPO of Specialty Commercial Business

By | April 15th, 2021|Uncategorized|Comments Off on Hallmark Financial Plans to Pursue IPO of Specialty Commercial Business

Hallmark Financial Services Inc., a property/casualty insurance company with three business segments – Specialty Commercial, Standard Commercial and Personal – plans to pursue an initial public offering of a non-controlling ownership stake in the core businesses within the Specialty Commercial …

15 04, 2021

McDonald’s to Require Employee Training to Combat Harassment, Discrimination

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McDonald’s Corp said on Wednesday it will require new training and policies to combat harassment, discrimination and violence at its 39,000 restaurants worldwide, calling for safer work places after it faced lawsuits by some female employees. The burger chain said …

15 04, 2021

Lloyd’s Lab Picks 11 Insurtech Start-ups, Focused on Product Simplification, Climate

By | April 15th, 2021|Uncategorized|Comments Off on Lloyd’s Lab Picks 11 Insurtech Start-ups, Focused on Product Simplification, Climate

Lloyd’s announced the next 11 insurtech start-ups that are participating in the sixth cohort of its Lloyd’s Lab innovation accelerator program. These insurtechs will be focused on creating simpler products for customers, including building solutions related to climate risks. This …

15 04, 2021

Hub International Limited Acquires Massachusetts’ IBG Financial Partners

By | April 15th, 2021|Uncategorized|Comments Off on Hub International Limited Acquires Massachusetts’ IBG Financial Partners

Hub International Limited, a full-service global insurance broker, has acquired IBG Financial Partners LLC. Terms of the transaction were not disclosed. Located in Foxborough, Massachusetts, IBG is a team of retirement plan consultants that provides fiduciary and retirement plan consulting …