Monthly Archives: <span>July 2020</span>

Encova Insurance Offering Personal Lines Products Digitally to Indiana Agents

Encova Insurance, based in Columbus, Ohio, has launched a new suite of personal lines products that will be delivered digitally to agents in Indiana. With Encova’s new personal lines product offering, agents and policyholders will appreciate choice and flexibility through …

Texas Surplus Lines Stamping Office Recommends Fee Decrease

The Surplus Lines Stamping Office of Texas (SLTX) has filed a recommendation for a decrease in the stamping fee rate with the Texas Department of Insurance. In a letter to Insurance Commissioner Kent Sullivan, SLTX said its board of directors …

Karen Clark & Co. Estimates $350M Insured Loss from Hurricane Hanna

Catastrophe risk modeling firm, Karen Clark & Company (KCC) has estimated the insured loss from Hurricane Hanna, which made landfall on Padre Island, Texas, on July 26, will be close to $350 million, excluding National Flood Insurance Program (NFIP) losses. …

Hawaiian Islands Avoided Direct Hit From Hurricane Douglas

Hawaii avoided a direct hit from Hurricane Douglas and the Category 1 storm was swirling just north of the island chain. The Central Pacific Warning Center lifted the hurricane warning on Monday for the island of Kauai, the final remaining …

Former USC Gynecologist Pleads Not Guilty to Six New Sex Charges

A former University of Southern California campus gynecologist accused of sexually assaulting 21 patients pleaded not guilty Friday to six new charges. George Tyndall, 73, entered pleas to five counts of sexual penetration of an unconscious person and one count …

Guy Carpenter Names Piatti as Managing Director of Global Risk Solutions

Guy Carpenter announced today the appointment of Andrea Piatti as a managing director, Global Risk Solutions. Piatti will be responsible for serving clients in the customized reinsurance space across Europe and Middle East and North Africa (MENA), including structured reinsurance …

GOP Senator Wants to Tie Internet Firms’ Liability Immunity to Curb on Behavioral Ads

Republican Senator Josh Hawley on Tuesday introduced legislation that would penalize large tech companies that sell or show targeted advertisements by threatening a legal immunity enjoyed by the industry — the latest onslaught on Big Tech’s business practices. The bill, …

Firms Need Immediate Rethink on U.S. Data Transfers, Says EU Privacy Watchdog

Companies seeking to transfer data to the United States must revert to new arrangements with immediate effect after the Privacy Shield transatlantic pact was declared invalid last week, a European Union watchdog said on Friday. The privacy watchdog said the …

Average Age of Cars Americans Are Driving Nears 12 Years: IHS Markit

Americans are hanging on to their cars and trucks longer, pushing the average age of vehicles on the road to the highest level in nearly 20 years even before the coronavirus hit, according to new data from IHS Markit Ltd. …

Insurtech Zego Partners with E-Scooter Firm, Ginger, to Insure 1st UK E-Scooter Trial

London-based insurtech Zego has partnered with e-scooter company, Ginger, to provide insurance for the UK’s first ever e-scooter trial, which has just launched in the Tees Valley, a city region in the north east of England. The partnership follows the …