The Minnesota Senate has voted on Dec. 14 to pass a $216 million relief package aimed at businesses and workers who took the biggest hit from a four-week “pause” ordered by Gov. Tim Walz as increasing coronavirus cases threatened to …
The insurance committees of the Louisiana Senate and House of Representatives will hear about the impact of multiple 2020 hurricanes and the COVID-19 pandemic on insurance rates in a joint meeting on Dec. 16. Presenters include representatives from the Louisiana …
A portion of the personal auto insurance business of a Texas insurance company that appeared to be headed for liquidation at the end of November is being assumed by a Georgia-based insurer. Embark General, headquartered in Atlanta, said it is …
ProFinity Insurance Services in Los Angeles, Calif., a specialty MGA, recently opened its doors to wholesale distribution. ProFinity is led by Ravi Uthayashanker, formerly of Lloyd’s of London, where his main focus was on small-to-medium enterprise engineer and contractor professional …
London, UK – 23 Nov, 2020 – RMS, the world’s leading catastrophe risk modeling company, collaborated with Willis Re Securities and Securian Financial to launch the new La Vie Re Limited (Series 2020-1) mortality catastrophe bond providing US$100m of reinsurance …
Vertus Insurance Partners and Zurich North America have expanded the Cat4Home deductible buy-back insurance product to customers in Alabama and Mississippi. The company said the expanded offering comes after the second most active Atlantic hurricane season on record with 30 …
A federal judge in western Louisiana has approved a plan on how to settle thousands of lawsuits expected to be filed against insurance companies over damage from a pair of hurricanes that hit the region six weeks apart. Insurance companies …
Hull & Company LLC, a subsidiary of Brown & Brown Inc., has acquired substantially all the assets of Addison, Texas-based South & Western Inc. and all issued and outstanding shares of its affiliate, S&W Premium Finance Company Inc. With roots …
Kraus-Anderson Insurance in Burnsville, Minn., has promoted Jon Diessner to executive vice president. Diessner will oversee the agency’s property/casualty, employee benefits and surety operations, and Kraus-Anderson Risk Innovation, the agency’s risk consulting practice. He has served as vice president of …
A Florida school district abruptly dropped its request Thursday that the families of students and staff slain in a 2018 high school massacre be required to turn over their social media posts from that period as it tries to defend …
