Insurance
Kuderer Sworn in as Washington Insurance Commissioner
Patty Kuderer was sworn in as Washington’s ninth insurance commissioner on Wednesday. She is one of only 11 elected insurance commissioners in the U.S., and she’s Washington’s first new commissioner in 24 years. Kuderer defeated Republican Phil Fortunato in the …
Read More Trucordia Acquires Insurance Business of Boulder Insurance in Colorado
Trucordia acquired the insurance business of Boulder Insurance Solutions in Colorado. Boulder Insurance Solutions is full-service brokerage in serving small- to mid-sized businesses. Trucordia, formerly PCF Insurance Services, is the group name for the brokerage headquartered in Lindon, Utah.
Read More California Expands Moratorium on Homeowners Insurance Cancellations and Non-Renewals
California Insurance Commissioner Ricardo Lara expanded emergency insurance protections for Southern California homeowners, adding new ZIP Codes to those already under a mandatory one-year moratorium on insurance non-renewals and cancellations. The expanded order shields those within the perimeters or adjoining …
Read More People Moves: Lockton Re’s International P/C Division Names Moruzzi, Cope as Senior Brokers; Westfield Specialty Int’l Appoints Nugent, Beltran for Professional Indemnity
This edition of International People Moves details appointments at Lockton Re and Westfield Specialty International. A summary of these new hires follows here. Lockton Re’s International P/C Division Appoints Moruzzi and Cope as Senior Brokers Reinsurance broker Lockton Re announced …
Read More Legacy Specialist Enstar Agrees $196M Loss Portfolio Transfer With Atrium Syndicate
Enstar Group Ltd., the Bermuda-based legacy acquisition specialist, announced its Lloyd’s syndicate has agreed a ground-up loss portfolio transfer (LPT) with Atrium Syndicate 609, managed by Atrium Underwriters Ltd. The transaction involves Syndicate 609’s discontinued portfolios, comprising marine treaty reinsurance, …
Read More Pilot Confusion, Congestion Detailed in Fatal Japan Crash Report
A report detailing distracted pilots, airport congestion and shortcomings in safety protocols shines new light into the lead up to last year’s fiery plane crash at Japan’s Haneda Airport. The 166-page document charts the hours and final chaotic minutes before …
Read More NHS Cyberattack in UK Inflicted Long-Term Harm on Patient Health
A cyberattack that paralyzed hospitals and clinics in London last year resulted in harm to dozens of patients, leading to long-term or permanent damage to their health in at least two cases, according to data obtained by Bloomberg News. In …
Read More Texas Drywall Company Owner Faces Workers Comp Fraud Charges
The owner of a Texas drywall company is set to appear in Travis County District Court on February 12 to face three counts of fraud totaling $170,000, the Texas Department of Insurance Division of Workers’ Compensation (DWC) announced. Cristino Tapia …
Read More Fiesta Auto Insurance Expands in Texas With Katy Location
Fiesta Auto Insurance and Tax Services announced the signing of new a deal to open its latest location in Katy, Texas. The office will be located at 3939 N. Fry Road, Suite B. This new location will mark Fiesta’s 30th …
Read More Georgia Lawmakers to Take up School Safety, Hurricane Relief as Session Starts
ATLANTA (AP) — Georgia Gov. Brian Kemp on Monday proposed giving public schools a one-time additional $50 million to spend on school safety, but his plan falls short of the increased counseling resources school officials want after four people were …
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