23 02, 2022

City Insurance Launches in More California and Colorado Cities

By | February 23rd, 2022|Uncategorized|Comments Off on City Insurance Launches in More California and Colorado Cities

Distinguished Programs is expanding its City Insurance program to select cities in California and Colorado, as well as launching new umbrella coverage eligibility for condos and rentals with underlying City Insurance policies. The City Insurance program is now available for …

23 02, 2022

Agency’s Specialty Portfolio Often Fragmented by Working With Multiple Carriers

By | February 23rd, 2022|Uncategorized|Comments Off on Agency’s Specialty Portfolio Often Fragmented by Working With Multiple Carriers

The Hanover Insurance Group recently released its State of Specialty Insurance Report, which highlights the risks of fragmentation in the marketplace. The report spotlights the advantages agencies realize when they create strategic partnerships with select carriers that offer broad capabilities …

23 02, 2022

People Moves: Beazley’s Eaton to Retire at End of 2022; BHSI Promotes Flesch to Head of Marine in Germany; Oneglobal Latin America Taps Generali’s Silva to Lead Regional Team

By | February 23rd, 2022|Uncategorized|Comments Off on People Moves: Beazley’s Eaton to Retire at End of 2022; BHSI Promotes Flesch to Head of Marine in Germany; Oneglobal Latin America Taps Generali’s Silva to Lead Regional Team

This edition of International People Moves details appointments (and a retirement) at Beazley, Berkshire Hathaway Specialty Insurance (BHSI) and Oneglobal Broking. A summary of these announcements follows here. Beazley’s Eaton to Retire at End of 2022 Specialist insurer Beazley announced …

23 02, 2022

Georgia Insurance Commish Candidates Want Different Solutions to Elevator Inspections

By | February 23rd, 2022|Uncategorized|Comments Off on Georgia Insurance Commish Candidates Want Different Solutions to Elevator Inspections

Candidates for the office of Georgia insurance commissioner have offered differing solutions to faulty elevators and inspections, six months after an 18-year-old football player was killed when he was pinned in an elevator in an Atlanta apartment complex. State Rep. …

23 02, 2022

Cyber Market Primed to Grow and Eclipse Property by 2040: Gallagher Re

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Following a pause to stabilize the vessel, the cyber market is poised for a wave of growth that could make it larger than the property catastrophe market by 2040, said Gallagher Re. In fact, if the cyber market continues to …

23 02, 2022

Travelers Acquires Tech Assets of Insurtech Trōv for Personal Insurance

By | February 23rd, 2022|Uncategorized|Comments Off on Travelers Acquires Tech Assets of Insurtech Trōv for Personal Insurance

Trōv, an early insurtech that started life as a creator of micro-duration policies and evolved into an embedded insurance specialist, announced this morning that The Travelers Companies will acquire its technology assets. Trōv did not disclose financial terms of the …

23 02, 2022

U.S. Supreme Court Takes Up Clash Between Religion and LGBT Rights

By | February 23rd, 2022|Uncategorized|Comments Off on U.S. Supreme Court Takes Up Clash Between Religion and LGBT Rights

The U.S. Supreme Court on Tuesday took up a major new legal fight pitting religious beliefs against LGBT rights, agreeing to hear an evangelical Christian web designer’s free speech claim that she cannot be forced under a Colorado anti-discrimination law …

23 02, 2022

High Street Acquires Michigan’s The Craft Agency

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High Street Insurance Partners has acquired The Craft Agency in Jackson, Michigan. The Craft Agency has been serving their clients for 100 years and provides comprehensive personal lines, commercial and life insurance across Michigan. Robert Craft is president of The …

23 02, 2022

Dakota Access Pipeline Loses Supreme Court Appeal, Leaving Its Future Unclear

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The U.S. Supreme Court rejected an appeal by Energy Transfer LP’s Dakota Access Pipeline, letting stand a ruling that required a new federal environmental analysis and left the pipeline vulnerable to being shut down. Making no comment, the justices refused …

14 02, 2022

German Fuel Storage Firm Mabanaft Still Unable to Restore Operations After Cyber Attack

By | February 14th, 2022|Uncategorized|Comments Off on German Fuel Storage Firm Mabanaft Still Unable to Restore Operations After Cyber Attack

Germany’s Mabanaft GmbH & Co. KG, the fuel storage and distribution company that suffered a cyber attack at the end of January, said its first tests to restore operations weren’t successful, according to a letter sent to customers seen by …