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19 03, 2021

Trinity Healthshare to Stop Operating in Iowa After ‘Unauthorized Insurer’ Charges

By | March 19th, 2021|Uncategorized|Comments Off on Trinity Healthshare to Stop Operating in Iowa After ‘Unauthorized Insurer’ Charges

Trinity Healthshare Inc. (now known as Sharity Ministries Inc.) has agreed cease operating in Iowa on June 30, 2021, the state insurance division reported. The Iowa Insurance Division says Trinity has agreed to cease operations in Iowa following charges that …

19 03, 2021

Alera Group Acquires Michigan’s Specialized Insurance Services Agency

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Deerfield, Ill.-based insurance and financial services firm, Alera Group, has Specialized Insurance Services Agency Inc. (SISA), an independent insurance agency headquartered in Milford, Michigan. SISA has a focus on assisting professionals and high-net worth individuals. The agency provides professional liability …

19 03, 2021

Feds Investigating Tesla/Police Cruiser Crash in Michigan

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For the second time in a week, the U.S. government’s road safety agency is sending a team to investigate a Tesla crash in Michigan. This time, the National Highway Traffic Safety Administration is sending a special crash investigation team because …

19 03, 2021

Texas House Panel Advances Bill Requiring Power Plants to Prep for Extreme Weather

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Several bills responding to Texas’ February power outages including one mandating that power plants prepare facilities for extreme weather and another reforming the Electric Reliability Council of Texas board — were advanced by the Texas House State Affairs Committee on …

19 03, 2021

Arkansas AG: Scammers Targeting Professional License Holders

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State licensing boards and professional licenses holders need to be aware that scam callers are targeting Arkansans who hold a professional license, Attorney General Leslie Rutledge said in a statewide alert. Scam callers to professional license holders in the state …

19 03, 2021

Storms Leave Trail of Damage Across Deep South

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Storms that left splintered homes and broken trees across Alabama and Mississippi moved into Georgia and Florida on Thursday, rousing residents with early morning warnings as forecasters said the threat of dangerous weather would move up the south Atlantic seaboard. …

19 03, 2021

Why Its Bid for The Hartford Is a Personal Lines ‘Chess’ Move by Chubb

By | March 19th, 2021|Uncategorized|Comments Off on Why Its Bid for The Hartford Is a Personal Lines ‘Chess’ Move by Chubb

While the Chubb’s $23.2 billion opening bid for The Hartford appears to be mostly a commercial lines play to many observers, one experienced industry observer has a different take on it. Chubb CEO Evan Greenberg would certainly welcome what The …

19 03, 2021

Chubb Bids for The Hartford’s ‘Crown Jewel’ and More

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Five years ago, Evan Greenberg led ACE’s nearly $30 billion acquisition of Chubb, morphing Chubb into its current status as a global property/casualty insurance giant he continues to guide as CEO. Now, the insurer is gunning for even larger size …

19 03, 2021

IICF Gala Went on Despite Pandemic, USC Risk Management Program Honored

By | March 19th, 2021|Uncategorized|Comments Off on IICF Gala Went on Despite Pandemic, USC Risk Management Program Honored

More than 200 guests joined the Insurance Industry Charitable Foundation Western Division for the virtual Horizon Award Gala on Thursday. Due to the pandemic, this year’s IICF gala, an event that often requires massive planning and volunteer efforts, was virtual. …

21 03, 2021

Former Kansas Insurance Agent Sentenced in Fraud Case

By | March 21st, 2021|Uncategorized|Comments Off on Former Kansas Insurance Agent Sentenced in Fraud Case

A former Johnson County, Kansas, insurance agent has been sentenced to 24 months of probation on insurance fraud charges and ordered to repay nearly $86,000 in restitution, Kansas Attorney General Derek Schmidt said. Armond R. Peghee, 42, pleaded guilty in …