INSURANCE NEWS
Minnesota Officials Report State’s First Case of Monkeypox
Minnesota health officials say a Twin Cities adult has contracted the state’s first presumed case of monkeypox, a disease that has emerged in more than 50 countries and 26 U.S. states. The state public health lab identified the infection, a …
At Least 20 Injured When Commuter Bus Overturns in California
A commuter bus crash clipped a parked truck and flipped onto its side Monday morning near Los Angeles International Airport, injuring at least 20 people, three of them critically, authorities said. The Los Angeles Department of Transportation bus clipped a …
People: Alliant, Seibels Name New VPs
Alliant Names Fox VP Alliant Insurance Services said it has hired employee benefits consultant Andrew Fox as vice president. Fox, of Orlando, Florida, has extensive experience working with insured and self-insured organizations in the public and private sectors, Allian said …
Today Is National Insurance Awareness Day
National Insurance Awareness Day on June 28 is meant as a reminder for individuals, families and businesses to review their insurance policies and take steps to prevent being underinsured. The American Property Casualty Insurance Association (APCIA) used the occasion to …
AM Best Downgrades Members of NLC Insurance Companies Pool
AM Best has downgraded the Financial Strength Rating to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Ratings to “bbb+” (Good) from “a-” (Excellent) of the insurers that operate under an intercompany pooling agreement and are collectively referred …
People Moves: WTW’s Hires EY’s Mayers for Commercial Lines Pricing, Underwriting; Hiscox Names Flaquet to Newly Created Role of Group COO
This edition of International People Moves details appointments at Willis Towers Watson (WTW) and Hiscox. A summary of these new hires follows here. WTW’s Hires EY’s Mayers for Commercial Lines Pricing, Underwriting WTW announced the appointment of Taffy Jo Mayers …
Marsh Launches Cyber Incident Management Service to Support UK, European Clients
Insurance broker Marsh announced the launch of its Cyber Incident Management (CIM) service to support clients headquartered in the UK and Continental Europe to prepare for, respond to, and recover from cyber incidents, as well as increase their cyber resilience. …
Juul and Its Courtroom Foes Stare Down FDA Ban as Youth Marketing Trial Nears
The Food and Drug Administration’s order to Juul Labs Inc. to take its products off shelves in the US threatens to undermine the e-cigarette maker’s defense in a sprawling legal fight over its youth marketing practices. But it also raises …
Arthur J. Gallagher & Co. Acquires UK Broker Erimus Group Ltd.
Arthur J. Gallagher & Co. announced the acquisition of Erimus Group Ltd. in the UK. Terms of the transaction were not disclosed. Founded in 1986 and based in Teesside, England, Erimus is an established retail insurance broker with a strong …
Insurer Asserts No Duty to Defend Security Firm in Rhode Island Club Shooting
The insurer for a security firm for a Rhode Island nightclub where shootings and stabbings took place on October 17, 2021 is asking a court to declare it has no duty to defend the security firm. Persons injured in the …
Three Iowa Women Charged with Insurance Fraud
Three women were charged with insurance fraud following an investigation by the Iowa Insurance Division’s Fraud Bureau. Danesha Minor, 37, of Des Moines was charged with presenting false information (Class D Felony), conspiracy to commit a non-forcible felony (Class D …
Homeowners of America Launches Insurance Services in Oklahoma
Porch Group’s Homeowners of America introduced service in Oklahoma. This is now HOA’s 18th state of operation. Porch Group is a Seattle-based vertical software company in the home services and insurance industries. Porch Group provides software and services to more …