18 01, 2021

Bender in California Names Guillen Vice President of Alternative Risk

By | January 18th, 2021|Uncategorized|Comments Off on Bender in California Names Guillen Vice President of Alternative Risk

Bender Insurance Solutions in Sacramento, Calif., has named Roland Guillen vice president of alternative risk markets to commercial insurance clients. Guillen oversees the growth of the Captive and Alternative Risk Market business as well as large complex risks, in addition …

15 01, 2021

Risk Placement Services Hires Neligan as Marine Producer in Chicago

By | January 15th, 2021|Uncategorized|Comments Off on Risk Placement Services Hires Neligan as Marine Producer in Chicago

Brendan Neligan has joined Risk Placement Services as a marine producer, in the company’s Chicago property brokerage office. Neligan will support the growth of the RPS marine portfolio, serving retail independent agents and brokers nationwide. Previously, he was regional vice …

15 01, 2021

UK Supreme Court Rules Businesses Should Be Insured for COVID-19 Claims

By | January 15th, 2021|Uncategorized|Comments Off on UK Supreme Court Rules Businesses Should Be Insured for COVID-19 Claims

The UK Supreme Court ruled on Friday that thousands of businesses should be insured for some losses amassed after a national lockdown to curb the coronavirus pandemic in a test case that pitched the markets regulator against major insurers. Six …

15 01, 2021

UK Insurance Ruling Is ‘Massive Boost’ for Businesses: Hiscox Action Group

By | January 15th, 2021|Uncategorized|Comments Off on UK Insurance Ruling Is ‘Massive Boost’ for Businesses: Hiscox Action Group

A UK Supreme Court insurance judgment substantially in favor of policyholders will be a “massive boost” for British businesses currently suffering from a third government lockdown, the Hiscox Action Group policyholder group said on Friday. The court ruled earlier that …

15 01, 2021

As Production Declines, Coal Miner Fatalities at Historic Low

By | January 15th, 2021|Uncategorized|Comments Off on As Production Declines, Coal Miner Fatalities at Historic Low

Five miners died in U.S. coal mines in 2020, an all-time low mark for an industry in a year that saw continuing declines in production as electric providers move away from burning coal. The federal Mine Safety and Health Administration, …

15 01, 2021

Lemonade Eyes Sale of 3 Million Shares in Secondary Offering

By | January 15th, 2021|Uncategorized|Comments Off on Lemonade Eyes Sale of 3 Million Shares in Secondary Offering

Digital insurer Lemonade has announced plans to sell 3 million shares of common stock to raise money for “general corporate purposes.” The New York-based insurtech could raise as much as $808 million, according to its regulatory filing announcing the stock …

15 01, 2021

Delivery Company Offers Gig Workers $25 to Get COVID Vaccine

By | January 15th, 2021|Uncategorized|Comments Off on Delivery Company Offers Gig Workers $25 to Get COVID Vaccine

Grocery delivery company Instacart said on Thursday it would pay $25 to its over half-a-million gig workers if they chose to take time off to get vaccinated against COVID-19. The company, which has been lobbying government agencies for its delivery …

15 01, 2021

MMG Insurance Company Promotes Dill to VP of Marketing, Business Development

By | January 15th, 2021|Uncategorized|Comments Off on MMG Insurance Company Promotes Dill to VP of Marketing, Business Development

MMG Insurance Company has promoted Kayla O’Malley Dill to vice president of Marketing and Business Development, effective January 4, 2021. Dill is based in Maine. Dill joined the Company in 2013 as senior marketing representative. Throughout her tenure with MMG, …

15 01, 2021

World Insurance Associates Acquires Bush Insurance Agents & Brokers

By | January 15th, 2021|Uncategorized|Comments Off on World Insurance Associates Acquires Bush Insurance Agents & Brokers

World Insurance Associates LLC (WIA), acquired Bush Insurance Agents & Brokers of Cambridge Springs, Penn., on December 31, 2020. Terms of the transaction were not disclosed. Established in 1918, Bush Insurance is a provider of loss and risk management products. …

15 01, 2021

Expecting the Unexpected: Cyber Lessons from COVID and What Could Be Ahead

By | January 15th, 2021|Uncategorized|Comments Off on Expecting the Unexpected: Cyber Lessons from COVID and What Could Be Ahead

What is the biggest lesson that cyber insurers should carry into 2021 after a year in which the COVID-19 pandemic took center stage? In the first Insuring Cyber podcast episode of the new year and the fifth overall, Tim Zeilman, …