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

Coronavirus Business Interruption Claimants Lay Out Federal Plan to Reimburse Insurers

A U.S. lawmaker has introduced a bill that would allow insurers to voluntarily pay certain COVID-related business interruption claims and get reimbursed by the federal government, but insurance groups have rejected the idea. Although the text of H.R. 7412, the …

USG Names Aubry Commercial Lines Producer in Arizona

USG Insurance Services Inc. has named Amanda Aubry as a producer/broker in commercial lines in the Scottsdale, Ariz., office. Aubry has 18 years of insurance industry experience. She was previously a senior underwriter at Chubb. She was with Risk Placement …

Cannabis Broker Spotlight: Porter with Brown & Brown Sees Growing Opportunities

Editor’s note: This part of a series of profiles on cannabis brokers, in which Insurance Journal explores why and how these folks got into the business, the ups and downs of insuring cannabis, as well as a few tips for …

Willis Re Taps Moss from Lockton Re as Co-Head of Specialty Casualty Unit in London

Willis Re, the reinsurance division of Willis Towers Watson, announces the appointment of James Moss as co-head of Willis Re Specialty’s Casualty practice. In his role, Moss will work in tandem with Chirag Shah to lead Willis Re Specialty’s Casualty …

Specialty Program Group Acquires Tennessee-Based Avant

Specialty Program Group LLC (SPG), an operator of specialty insurance brokerages and underwriting facilities, has acquired Avant, LLC. (Avant), a transportation program administrator and wholesale brokerage firm, with specialty cannabis and supermarket program divisions. Terms of the acquisition were not …

Lawsuit Accuses Georgia Sheriff of Failing to Protect Inmates from Coronavirus

Overcrowded cells, a lack of personal protective equipment and limited access to cleaning and sanitation supplies are putting people in a Georgia jail at risk of exposure to the coronavirus outbreak, a federal lawsuit says. Clayton County Sheriff Victor Hill …

CFC Launches Transaction Liability Product for Portfolio Acquisitions

CFC has enhanced its transaction liability suite of products with launch of a new product designed for private equity firms and businesses pursuing a portfolio of add-on acquisitions for existing or newly acquired platform companies. According to CFC, smaller transactions, …

Minnesota Issues Riot Claims Data Call to Property/Casualty Insurers

Minnesota’s insurance regulators issued a data call in late June, requesting information from property/casualty insurers in the state about claims filed in the wake of the riots/civil commotion following the killing of George Floyd on May 25, 2020. The Minnesota …

Luttrell Named ELITExan Young Agent of the Year by IIAT

The Independent Insurance Agents of Texas (IIAT) has named Russell Luttrell of Benton-Luttrell Insurance in Van Alstyne as the AndrĂ© P. Juneau ELITExan of the Year. Luttrell was presented with the award during IIAT’s annual business meeting on June 10, …

Updated Minnesota Driver’s Manual Provides Guidance for Legal Gun Owners

Minnesota public safety officials updated the state’s driver’s manual to give motorists who are legally carrying firearms some guidance on what to do if they are stopped by police, including instructions to keep both hands on the steering wheel while …