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26 03, 2021

Element Risk Management Acquires Henderson Insurance, Our Legacy Insurance

By | March 26th, 2021|Uncategorized|Comments Off on Element Risk Management Acquires Henderson Insurance, Our Legacy Insurance

Element Risk Management has acquired Henderson Insurance of Harrisburg, Pennsylvania, and Our Legacy Insurance of Front Royal, Virginia. Henderson Insurance, founded by Jim Henderson in 1978, has served the central Pennsylvania community for more than 40 years. The Henderson staff …

26 03, 2021

RSA Names Former Aviva Executive Hodges as Chair of UK, International Businesses

By | March 26th, 2021|Uncategorized|Comments Off on RSA Names Former Aviva Executive Hodges as Chair of UK, International Businesses

RSA has named appointments for chair and CFO of its UK and International business entities, following the completion of Intact Financial Corp.’s proposed takeover. Mark Hodges, former CEO of Aviva’s UK business and former CEO of British Gas, will take …

26 03, 2021

Bail Bond Insurance Industry Spends to Defend Profitable Business Against Critics

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Insurance companies have spent $17 million to defeat proposals to weaken or abolish the for-profit bail industry in the United States, a system that brings insurers $15 billion in business a year, according to a Reuters analysis of campaign contributions, …

26 03, 2021

Regulators Weigh Model Law for Pet Insurance to Address Consumer Peeves

By | March 26th, 2021|Uncategorized|Comments Off on Regulators Weigh Model Law for Pet Insurance to Address Consumer Peeves

U.S. insurance regulators are close to creating a legal standard for pet insurance that would address long-standing consumer complaints that insurers rarely pay up when their furry friends are not well. A National Association of Insurance Commissioners (NAIC) committee is …

26 03, 2021

U.S.C. Paying $1.1B to Patients of Gynecologist in Alleged Abuse Cases

By | March 26th, 2021|Uncategorized|Comments Off on U.S.C. Paying $1.1B to Patients of Gynecologist in Alleged Abuse Cases

The University of Southern California on Thursday announced a settlement for $852 million, bringing the total to $1.1 billion going to the former patients of a campus gynecologist accused sexually abusing hundreds of patients. The $1.1 billion sum is a …

26 03, 2021

People Moves: Kinsale’s Secor to Hamilton’s New U.S. Unit; Marsh Names Quintal, McLellan Financial Lines Leaders

By | March 26th, 2021|Uncategorized|Comments Off on People Moves: Kinsale’s Secor to Hamilton’s New U.S. Unit; Marsh Names Quintal, McLellan Financial Lines Leaders

Marsh and Hamilton announced several professional appointments this week. Hamilton Insurance Group, Ltd. has appointed Jamie Secor as head of Professional Liability Insurance at its U.S. managing general agency, Hamilton Managing General Agency Americas. In this newly-created role, Secor has …

26 03, 2021

Suez Canal Blockage Could Cost Global Trade $6B-$10B per Week: Allianz

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BERLIN – The container ship blocking the Suez Canal could cost global trade $6 billion to $10 billion a week, a study by German insurer Allianz showed on Friday. The study by Europe’s biggest insurer also found that each week …

26 03, 2021

First Louisiana Insurance Is Now a Higginbotham Company

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Fort Worth, Texas-based Higginbotham has partnered with First Louisiana Insurance, an independent agency located in Baton Rouge, Louisiana, to establish its second office in that state. First Louisiana Insurance provides commercial and personal insurance services in the Gulf Coast region. …

26 03, 2021

Kansas AG: Roofer Fined $110K, Must Repay More Than $8.3K in Resititution

By | March 26th, 2021|Uncategorized|Comments Off on Kansas AG: Roofer Fined $110K, Must Repay More Than $8.3K in Resititution

A Salina roofer has been ordered to pay more than $8,300 in restitution and fined $110,000 for violating the Kansas Consumer Protection Act, including the Kansas Roofing Registration Act, Kansas Attorney General Derek Schmidt said. Michael J. Stubbs, doing business …

26 03, 2021

Proposed S. Carolina Bill Cracks Down on Pellet Producers Polluting Water

By | March 26th, 2021|Uncategorized|Comments Off on Proposed S. Carolina Bill Cracks Down on Pellet Producers Polluting Water

South Carolina senators are considering legislation to crack down on companies that pollute the state’s waters with tiny plastic pellets. A Senate Medical Affairs subcommittee voted 3-2 Wednesday to approve a bill that would give the South Carolina Department of …