15 12, 2020

Hull & Company Acquires Assets of South & Western General Agency in Texas

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Hull & Company LLC, a subsidiary of Brown & Brown Inc., has acquired substantially all the assets of Addison, Texas-based South & Western Inc. and all issued and outstanding shares of its affiliate, S&W Premium Finance Company Inc. With roots …

16 12, 2020

The Doan Group of Georgia Adds Crowley as VP of Sales & Operations

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The Doan Group, a Woodland Capital Holdings Co., has added Roger Crowley to the company in the role of vice president of Sales and Operations. According to Tim Davis, Jr. of Woodland Capital, Crowley has significant experience at an insurance …

15 12, 2020

Judge OKs Plan for Settling Hurricane Damage Lawsuits Against Insurers in Louisiana

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A federal judge in western Louisiana has approved a plan on how to settle thousands of lawsuits expected to be filed against insurance companies over damage from a pair of hurricanes that hit the region six weeks apart. Insurance companies …

16 12, 2020

North Carolina Insurers File for 18.7% Increase on Dwelling Policies

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The North Carolina Rate Bureau, which represents all companies writing property insurance in the state, is seeking an 18.7% statewide average increase in dwelling policies. The North Carolina Department of Insurance said it received the filing for the rate hike …

15 12, 2020

Vertus, Zurich Expand Deductible Buy-Back Coverage into Alabama, Miss.

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Vertus Insurance Partners and Zurich North America have expanded the Cat4Home deductible buy-back insurance product to customers in Alabama and Mississippi. The company said the expanded offering comes after the second most active Atlantic hurricane season on record with 30 …

15 12, 2020

MGA Focused on Professional Liability Starts in California

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ProFinity Insurance Services in Los Angeles, Calif., a specialty MGA, recently opened its doors to wholesale distribution. ProFinity is led by Ravi Uthayashanker, formerly of Lloyd’s of London, where his main focus was on small-to-medium enterprise engineer and contractor professional …

15 12, 2020

CopperPoint in Arizona Adds Fox to Lead Pay as You Go

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CopperPoint Insurance Cos. in Phoenix, Ariz., has named Joe Fox vice president of the company’s pay as you go business. Fox will be responsible for developing and implementing a new premium payment process for CopperPoint’s pay as you go workers’ …

15 12, 2020

Georgia Nonstandard Auto Insurer to Assume Business of Troubled Texas Carrier, ACCC

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A portion of the personal auto insurance business of a Texas insurance company that appeared to be headed for liquidation at the end of November is being assumed by a Georgia-based insurer. Embark General, headquartered in Atlanta, said it is …

15 12, 2020

Suspected Russian Cyber Espionage Has U.S. Government, Businesses Scrambling

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The U.S. Department of Homeland Security and thousands of businesses scrambled Monday to investigate and respond to a sweeping hacking campaign that officials suspect was directed by the Russian government. Emails sent by officials at DHS, which oversees border security …

15 12, 2020

Joint Louisiana Insurance Committees to Hear About Hurricane Claims, Pandemic

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The insurance committees of the Louisiana Senate and House of Representatives will hear about the impact of multiple 2020 hurricanes and the COVID-19 pandemic on insurance rates in a joint meeting on Dec. 16. Presenters include representatives from the Louisiana …