9 03, 2021

Swiss Re Corporate Solutions to Change Legal Structure for North America

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Swiss Re Corporate Solutions announced a plan to streamline the legal entity structure of its North American business. The changes include establishing Swiss Re Corporate Solutions America Insurance Corp. as its North American flagship insurance carrier. Also, Corporate Solutions pans …

9 03, 2021

One80 Makes Big Cannabis Buy-in with Cannasure Insurance Services

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Cannabis is getting big, and now insuring cannabis seems to be a big deal too. The cannabis-focused insurance space can now be counted as part of a larger trend in recently announced business deals in cannabis. One80 Intermediaries announced on …

9 03, 2021

Kansas Governor Issues Disaster Declaration Due to Fire Hazard

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Kansas Gov. Laura Kelly has issued an emergency disaster declaration as weather conditions bring a high risk of fires this week. Kelly said in a news release that elevated to critical fire weather is expected for the next four days, …

9 03, 2021

Allen Promoted to Business Development Specialist at Minnesota’s SFM Mutual

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Workers’ compensation carrier, SFM Mutual Insurance Co., headquartered in Bloomington, Minn., has promoted Cody Allen to a newly established business development specialist role. This position will focus on growth in existing business areas and new market opportunities. Allen has been …

9 03, 2021

Zurich NA Names Heintz Underwriting Manager for South Central Region

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Jim Heintz has been appointed as underwriting manager for property/casualty insurer Zurich North America’s South Central area. In his role as underwriting manager for the South Central area, Heintz will be responsible for managing underwriters and cultivating key distributor relationships …

9 03, 2021

Blaze at North Dakota Fire Department Totals Building, Damages Trucks

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Authorities say a small-town North Dakota fire department lost its building and likely six trucks in a fire. The blaze at the Glenburn Fire Department was reported about 5 a.m. on March 6. Fire crews from Lansford, Maxbass and the …

9 03, 2021

Worldwide Broker Network Names Beecher Carlson’s Collins as CEO

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The Worldwide Broker Network (WBN), a global network of independent insurance and benefits brokers, has appointed Olga Collins as chief executive officer. Collins succeeds Francie Starnes, who will serve as CEO Emeritus through 2021. Collins joins WBN from its member …

5 03, 2021

Louisiana AG Backs $100M Deal in Freeport McMoRan Coastal Damage Suit

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Attorney General Jeff Landry has said he’s backing a $100 million settlement between a dozen coastal parishes and mining corporation Freeport McMoRan to end a lawsuit over damage to Louisiana’s coastal wetlands, in what could become a landmark agreement. The …

9 03, 2021

Texas Oil, Gas Interests Left to ‘Self-Regulate’ in Aftermath of Winter Storm

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After being battered by withering criticism of its management of the power grid during February’s winter storm, the Electric Reliability Council of Texas (ERCOT) saw several of its board members resign and fired its CEO. The chair of the Public …

5 03, 2021

AccuWeather Raises Texas Damage, Loss Estimate from Winter Storm to $130B

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Damage costs and economic losses from the intense winter storm that hit the country in mid-February may rise to as much as $130 billion in Texas alone, according to AccuWeather. That figure is up from the $50 billion to $60 …