Yearly Archives: <span>2017</span>

Mississippi Insurance Head, Lawmaker Urge Development of Private Flood Market

Mississippi’s top insurance regulator and its only Democratic congressman are both ready to cede some of the federal flood insurance market to private insurers. Both Republican Insurance Commissioner Mike Chaney and U.S. Rep. Bennie Thompson say they’re open to proposals …

Georgia Insurance Commissioner Hudgens Announces He Will Not Seek Re-Election In 2018

Georgia Insurance Commissioner Ralph Hudgens will not seek re-election for a third term as Georgia’s Insurance and Safety Fire Commissioner, according to a statement from the Georgia Department of Insurance. In a letter to Georgians, Hudgens announced his decision, saying …

People – Southeast

1347 Property Insurance Holdings Inc., a property and casualty insurance holding company based in Tampa, Fla., has appointed Dan Case to the position of chief operating officer. Case will be responsible for strategies and activities relating to profitable growth for …

Allstate To Create 2,250 Jobs With North Carolina Expansion

Allstate Insurance Co. plans to more than double its North Carolina workforce by expanding in the Charlotte area, creating 2,250 new jobs by 2020. Gov. Roy Cooper and leaders of the nation’s largest publicly-traded personal insurance company announced the expansion …

Beacon Mutual’s New CEO Spero: ‘We’re Within an Hour of Every Policyholder’

The board of directors of Beacon Mutual Insurance Company, a Warwick, R.I.-based workers’ compensation carrier, has elected Brian Spero as president and CEO of the company, effective in July. Beacon’s board worked with a national consulting firm, The Hay Group, …

Pennsylvania Commissioner Miller: Individual Market Instability Will Raise Costs

Pennsylvania Insurance Commissioner Teresa Miller issued a letter to federal Department of Health and Human Services Secretary Tom Price detailing the urgent need for stability in the individual health insurance market as health insurers prepare to finalize rates for 2018 …

Residents Allowed Home After Pennsylvania Derailment

Residents were allowed to return to the homes they were forced to leave after a train derailment and resulting fires in their small Pennsylvania town occurred August 2, authorities said. Tests on air quality led the railroad CSX, an incident …

Delaware Governor Carney Signs Insurance Consumer Fairness Bill

On Tuesday, Aug. 1, 2017, Delaware Governor John Carney signed into law House Substitute 1 for House Bill 80 (HS 1 for HB 80), a consumer fairness bill that targets unfair discriminatory practices by automobile and homeowners insurance companies to …

People – East

Starkweather & Shepley Insurance Brokerage Inc., headquartered in East Providence, R.I., has promoted Sean Cottrell and Elizabeth Lowe to senior vice presidents. Cottrell is the practice leader for the Human Service practice group, as well as Starkweather’s Benefits Solutions sales …

Lemonade Launches in New Jersey, Marks Fourth State in National Expansion

Lemonade, the insurance company powered by artificial intelligence and behavioral economics, is now available throughout New Jersey, marking the fourth state in its nationwide expansion strategy. Residents of New Jersey can now buy homeowners and renters insurance at lemonade.com or …