20 01, 2021

Tennessee Touts 2020 Growth of Insurance Industry, Consumer Efforts

By | January 20th, 2021|Uncategorized|Comments Off on Tennessee Touts 2020 Growth of Insurance Industry, Consumer Efforts

The Tennessee Department of Commerce & Insurance (TDCI) has located and returned more than $22.8 million to Tennesseans in combinedlife insurance benefits/annuities and monies through its mediation efforts in 2020. TDCI’s figures show: $10,164,747 was returned to Tennessee consumers last …

20 01, 2021

INSUREtrust Makes Multiple Personnel Changes After Merger

By | January 20th, 2021|Uncategorized|Comments Off on INSUREtrust Makes Multiple Personnel Changes After Merger

Atlanta-based INSUREtrust has announced multiple additions and promotions to its Atlanta team. The company, which was just acquired by Constellation Affiliated Partners, has added Beck Heigl as an account manager. Before INSUREtrust, Heigl was an estimator for a property restoration …

20 01, 2021

Kentucky High Court Orders Online Poker Site to Pay State $1B for Illegal Gambling

By | January 20th, 2021|Uncategorized|Comments Off on Kentucky High Court Orders Online Poker Site to Pay State $1B for Illegal Gambling

The Kentucky Supreme Court ruled last month that an online poker company must pay more than $1 billion to the state for illegal gambling losses in a court battle that began a decade ago. The ruling from the state’s high …

20 01, 2021

AXA in Talks to Sell Singapore Unit Which Could Raise $700 Million

By | January 20th, 2021|Uncategorized|Comments Off on AXA in Talks to Sell Singapore Unit Which Could Raise $700 Million

HSBC Holdings Plc and Malayan Banking Bhd.’s insurance venture are among shortlisted bidders for AXA SA’s business in Singapore, which could raise about $700 million in a sale, according to people familiar with the matter. The British bank and Etiqa, …

20 01, 2021

Viewpoint: Cyber Insurance Policies Are Challenging to Underwrite. AI Can Help.

By | January 20th, 2021|Uncategorized|Comments Off on Viewpoint: Cyber Insurance Policies Are Challenging to Underwrite. AI Can Help.

Advancements in artificial intelligence are in many ways a double-edged sword for the cyber insurance industry. Increasingly diverse and sophisticated cyber attacks have dramatically increased the demand for cyber coverage, offering a lucrative opportunity for insurers to capitalize upon. However, …

18 01, 2021

Newfront in California Adds Parker as Employee Benefits Producer

By | January 18th, 2021|Uncategorized|Comments Off on Newfront in California Adds Parker as Employee Benefits Producer

Newfront Insurance in San Francisco, Calif., has brought Nichole Parker on as a principal and employee benefits producer. Parker joins Newfront from TSM Insurance and Financial Services Inc., where she was heading the individual and medicare services divisions. Newfront is …

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 …