8 12, 2022

Florida Ratings Crisis: Fannie and Freddie Agree to Accept Citizens-as-Backstop Plan

By | December 8th, 2022|Uncategorized|Comments Off on Florida Ratings Crisis: Fannie and Freddie Agree to Accept Citizens-as-Backstop Plan

It took more than four months, but Fannie Mae and Freddie Mac have agreed to accept an innovative but temporary solution to Florida’s property insurer rating predicament. The mortgage-buying giants on Wednesday sent letters to primary mortgage lenders, notifying them …

8 12, 2022

Unlicensed Contractor, Deputy Sheriff in Florida Charged in Insurance Fraud Cases

By | December 8th, 2022|Uncategorized|Comments Off on Unlicensed Contractor, Deputy Sheriff in Florida Charged in Insurance Fraud Cases

An unlicensed contractor and a deputy sheriff in Florida have been charged in separate incidents of contracting fraud and insurance fraud, state and local authorities said. Ty Lamonte Hillman was arrested this week after the state Department of Financial Services …

8 12, 2022

Latest Twitter Lawsuit Says Company Targeted Women for Layoffs

By | December 8th, 2022|Uncategorized|Comments Off on Latest Twitter Lawsuit Says Company Targeted Women for Layoffs

Twitter Inc has been hit with another lawsuit stemming from the recent purging of half its workforce, this one accusing the social media company of disproportionately targeting female employees for layoffs. The proposed class action filed late on Wednesday in …

8 12, 2022

People Moves: UFG Names Hirtz as Houston Branch Manager; McGriff Promotes Mitcham to Lead Arkansas Operations

By | December 8th, 2022|Uncategorized|Comments Off on People Moves: UFG Names Hirtz as Houston Branch Manager; McGriff Promotes Mitcham to Lead Arkansas Operations

UFG Insurance Names Hirtz Houston Branch Manager United Fire Group Inc. (UFG), based in Cedar Rapids, Iowa, has named Diane Hirtz the new branch manager for its Houston, Texas, office. Hirtz brings more than 25 years of diverse insurance experience …

8 12, 2022

Electrical Equipment Damaged in Carolina Shooting Attack Has Been Repaired

By | December 8th, 2022|Uncategorized|Comments Off on Electrical Equipment Damaged in Carolina Shooting Attack Has Been Repaired

Duke Energy said Wednesday that it has completed repairs on substation equipment damaged when it was shot up last weekend. Power was on track to be fully restored late Wednesday. In a statement to customers on its website, the energy …

8 12, 2022

Pawtucket Settles Candidates’ Free Speech Claims Over Political Sign Restriction

By | December 8th, 2022|Uncategorized|Comments Off on Pawtucket Settles Candidates’ Free Speech Claims Over Political Sign Restriction

The city of Pawtucket is lifting restrictions on political campaign signs under a settlement with the American Civil Liberties Union of Rhode Island, officials said Tuesday. The ACLU filed suit in July on behalf of two Democratic candidates for the …

8 12, 2022

People Moves: SiriusPoint Appoints New International Leadership Team, Naming RSA’s Gibb as President; Hampden Agencies’ CEO Smith to Retire, Succeeded by Wood

By | December 8th, 2022|Uncategorized|Comments Off on People Moves: SiriusPoint Appoints New International Leadership Team, Naming RSA’s Gibb as President; Hampden Agencies’ CEO Smith to Retire, Succeeded by Wood

SiriusPoint Appoints New International Leadership Team, Including RSA’s Gibb as President SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, has appointed Rob Gibbs as president of its international business and to CEO of SiriusPoint International Insurance Corp. The CEO appointment …

8 12, 2022

TWFG Insurance Acquires Ohio’s American Insurance Strategies

By | December 8th, 2022|Uncategorized|Comments Off on TWFG Insurance Acquires Ohio’s American Insurance Strategies

The Woodlands Financial Group subsidiary TWFG Insurance Services LLC, announced its acquisition of American Insurance Strategies, located in the Dayton, Ohio and Milwaukee, Wisconsin areas. AIS has $18 million in written premium and was established in February 2009 by Craig …

8 12, 2022

PCF Insurance Acquires Illinois F&I Firm Direct Dealer Services

By | December 8th, 2022|Uncategorized|Comments Off on PCF Insurance Acquires Illinois F&I Firm Direct Dealer Services

PCF Insurance Services (PCF) has acquired Direct Dealer Services (DDS), an automotive finance and insurance (F&I) firm providing industry-leading technologies, products, solutions and training. Headquartered in Hoffman Estates, Illinois, DDS offers national automotive dealers, agents, and lender partners innovative F&I …

8 12, 2022

New York’s Marenco Agency Joins Renaissance Network

By | December 8th, 2022|Uncategorized|Comments Off on New York’s Marenco Agency Joins Renaissance Network

Marenco Insurance Agency has joined the Renaissance independent insurance agency network in New York. The family-owned property/casualty agency, founded in 1961, is located in New Rochelle, New York. It also serves clients in Connecticut, New Jersey, and Florida. Renaissance offers …