Hawaii’s Kilauea volcano has destroyed 26 homes and spewed lava hundreds of feet into the air, leaving evacuated residents unsure how long they might be displaced. Hawaii County officials said another four unspecified structures were covered by lava. Hawaii officials …
Last month, major commercial lines insurance renewal premiums continued their upward trend except for workers’ compensation, which remains in negative territory for the year, according to the latest IVANS Index. Month over month, April’s increased were down from previous periods …
Abbe Goldstein has joined The Travelers Companies as senior vice president, Investor Relations. Goldstein succeeds Gabriella Nawi, who recently switched to the company’s Personal Insurance finance team. Goldstein joins Travelers from XL Catlin, where she has been director of investor …
The battle among auto insurers to win and retain business is as heated as it has ever been. A combination of record-low volumes of new insurance shoppers, consistent price competition among insurers and emerging “insurtech” disruptors on the horizon have …
A federal judge has asked the Connecticut Supreme Court for a better definition of the word “collapse” that could help decide whether homeowner insurance policies should cover repairs to thousands of homes with crumbling foundations caused by defective concrete. The …
The board of directors of NJM Insurance Group formally approved the election of Mitch Livingston to the position of president and CEO at its meeting on April 27. NJM is a West Trenton, N.J.-headquartered workers’ compensation carrier and provider of …
Mortgage Guaranty Insurance Corporation (MGIC), the principal subsidiary of MGIC Investment Corporation, has hired Greg Korn as sales manager in New England. Korn brings to MGIC a mortgage banking background with expertise in business development, sales management, risk management and …
THB UK Risk Solutions, the UK broking operation of the specialist insurance and reinsurance broker THB, has named two new motor fleet brokers, bolstering its new business team. Kevin Searle, joining from Wrightsure, and Andrew Hines, formerly at Towergate and …
AssuredPartners Inc. has acquired National Insurance Services (NIS), headquartered in Brookfield, Wisconsin. NIS is trusted by over 2,500 public sector organizations in 29 states for employee benefits consulting and brokerage services such as medical, dental, life, disability and vision insurance. …
Irvine, Calif.-based Burnham Benefits Insurance Services Inc. has added Autumn Shupe as a senior consultant on its risk management team. Shupe will assist in managing Burnham’s technical unit and support the risk management strategic focus. Shupe has 20 years of …
