Monthly Archives: <span>March 2016</span>

Florida Insurer Launches Company Offering Admitted, Standalone Flood Coverage

A Florida-based homeowners insurer has beefed up its flood insurance offering with the launch of a new flood-coverage only company called TypTap. The new company, a wholly owned subsidiary of Homeowners Choice Property & Casualty Insurance (HCI), one of the …

California Workers’ Compensation Institute Elects 2016 Board

Susan Gordon, head of workers’ compensation underwriting at Zurich North America, was elected board chair of the California Workers’ Compensation Institute for 2016. Gordon was elected at CWCI’s 52nd annual meeting in Oakland. Gordon has been a member of the …

CSAA Exec Named California Insurance Guarantee Association Chair

Jeff Huebner, vice president of treasury for CSAA Insurance Group, has been named chairman of the board of governors for the California Insurance Guarantee Association. Huebner joined CSAA Insurance Group in 2001 as manager of risk finance and captive operations, …

Woodruff-Sawyer Taps Richards in Southern California

Woodruff-Sawyer & Co. has named Kyle Richards an associate producer in the Southern California office. Richards will develop new client relationships. His specialties include real estate, technology and manufacturing. Richards was an associate client executive at Marsh prior to Woodruff-Sawyer. …

Digital Insurance Agency MassDrive Expands Online Platform to All States

MassDrive Insurance Group, a digital insurance agency and affinity marketing firm, has made its auto insurance comparison shopping service MyLifeProtected available nationally. MyLifeProtected uses an affinity distribution model. The company enables retailers, digital media companies, financial institutions and other affinity …

New Hampshire, Maine Monitoring Struggling Health Insurance Co-Op

New Hampshire insurance regulators are working with their counterparts in Maine to monitor a financially struggling health insurance cooperative that serves both states. Community Health Options, based in Lewiston, Maine, was the only cooperative in the country to make money …

WT Phelan Acquires Martini Agency in Massachusetts

WT Phelan & Co., an independent insurance agency based in Belmont, Massachusetts, announced that it has acquired Martini Insurance Agency in Woburn, Massachusetts. Terms of the transaction were not disclosed. Martini Insurance was founded in 1960 by John C. Martini. …

35% of Arkansas Banks Closed in Past Decade

A lack of succession planning, the costs of fighting cyberattacks and competition with online mortgage companies that have no brick and mortar branches are some of the reasons the number of banks in Arkansas has fallen by 35 percent over …

Appeals Court: Michigan Woman Can Collect Dead Ex-Husband’s Insurance

A woman can collect a $120,000 insurance windfall after the death of her former husband, despite their divorce years ago, the Michigan appeals court says. John “Jerry” Lett never removed Nancy Henson as the beneficiary before he died in 2014. …

Finnorn Named VP, General Counsel at Amerisure

Amerisure Mutual Insurance Co., based in Farmington Hills, Mich., has appointed Joanne Finnorn as vice president and general counsel. Finnorn is responsible for all aspects of Amerisure’s Office of Legal Counsel, and is charged with oversight of corporate compliance with …