A bill backed by the Florida insurance industry and other stakeholders aimed at addressing the state’s insurance market woes was passed in the Senate chamber this week but faces an uncertain future as the companion bill in the Florida House …
Carjackings are on the rise in New Orleans, authorities say. Carjackings are up more than 60% compared to last year, WGNO-TV reported. So far in 2021, more than 70 people have been victims of the crime in New Orleans compared …
This wrap-up of International People Moves details recent appointments at Hiscox, Canopius, IGI and HDI Global. A summary of these new hires follows here. Hiscox Specialist global insurer Hiscox has appointed Robert Dietrich as the new CEO of Hiscox Europe. …
A medical marijuana bill on Wednesday cleared its first major hurdle in the Alabama House of Representatives. The House Judiciary Committee approved the bill after lengthy debate and multiple amendment attempts. The bill now goes to the Health Committee after …
Indiana Farmers Insurance plans to enter the Ohio property/casualty insurance market this year. The Carmel, Indiana-based company, which distributes its products through independent insurance agents, will write commercial lines and farm insurance in Ohio. “In 2019, we successfully took our …
Distracted driving comes in second for the cause of traffic crashes in Texas, state transportation officials say. The Texas Department of Transportation (TxDOT) reports that one in five traffic crashes are caused by cell phone use and other distracted behavior. …
One person was killed and eight others were injured in an explosion and fire on April 8 at a paint manufacturer’s plant in Ohio’s capital city, firefighters said. Authorities in Columbus were investigating what caused the explosion shortly after midnight …
Los Angeles-based wholesale insurance brokerage firm, Brown & Riding, has added JulieAnne Lenzsch and Bill Lally in the firm’s Houston office. Both Lenzsch and Lally have focused on property risks throughout their careers and specialize in real estate, construction and …
AM Best is maintaining a negative market segment outlook on the United Kingdom non-life insurance segment, citing economic uncertainty as a key headwind for UK non-life insurers. In addition, COVID-19-related lockdown measures coincided with the country’s exit from the European …
Increasingly, the world of insurance distribution has become highly specialized, utilizing technology and a multitude of parties to reach customers worldwide. The surplus lines industry is no exception. Surplus lines brokers are not merely intermediaries between insureds and eligible surplus …
