Monthly Archives: <span>November 2021</span>

Report Says Long-Haul COVID Cases Could Affect Workers For Months

Just as COVID-19 infections nationwide appear to be on the decline, employers and workers’ compensation insurers need to be prepared for a sobering reality: Studies suggest that 10% to 30% of those who had only mild cases early on will …

More Sponsors Sign on to Flood Insurance Reform Bill

Two Florida representatives have joined the list of officials pushing for a change in the National Flood Insurance Program. U.S. Rep. Val Demings, R-Orlando, who is running for the Senate, is one of 17 cosponsors of the NFIP Reauthorization and …

2020 Louisiana Hurricane Season Costs Insurers At Least $10.6 Billion

Insurance companies are on track to pay at least $10.6 billion to cover Louisiana claims for damage caused by Hurricanes Laura, Delta and Zeta, according to Insurance Commissioner Jim Donelon. Donelon released the latest data on Nov. 5. The number …

People Moves: Wateridge Promotes Dorris; Alliant Names Barlow, Doerfler Senior Vice Presidents in Oregon

Wateridge Insurance/Assured Partners of California promoted John Dorris to president of the San Diego, Calif., operations. Dorris’ role will be to lead the agency to key financial goals, recruiting talent and leading corporate initiatives. Dorris has became the chief operating …

People Moves: MIAA Adds Zabka; JM Wilson Promotes Aranda

Midwest Insurance Agency Alliance hires Denise Zabka as agency development field specialist Midwest Insurance Agency Alliance (MIAA) Denise Zabka has recently joined the organization as agency development field specialist. In this role, Zabka will be directly responsible for agency development …

Two Investigations Launched, Lawsuit Filed in Houston Music Festival Stampede

At least two investigations and one civil lawsuit were underway on Sunday into the deadly stampede during rap star Travis Scott’s Astroworld music festival that killed at least eight people and injured dozens in Houston. Two of the victims were …

EagleView and Verisk Agree to End Litigation; EagleView’s Patents Affirmed

Insurance technology firms EagleView and Verisk have patched up their differences and are vowing to move ahead “enabling joint innovation.” The companies’ accord comes two years after aerial imaging firm EagleView Technologies won a $125 million patent infringement verdict against …

People Moves: Pancoast Moves to Ironshore E&S; PwC’s Coggins Leads Actuaries; McLean Joins Lockton from Willis

Pancoast to Head Ironshore’s E&S Primary Casualty Adam Pancoast has been named to lead the excess and surplus Primary Casualty business of Ironshore, a Liberty Mutual company. As national manager, E&S Casualty, Pancoast, who is based in Atlanta, is responsible …

Hub Acquires Louisiana-Based Thibeaux Insurance Group

Hub International Limited, a global insurance brokerage and financial services firm, has acquired the assets of Thibeaux Insurance Group, LLC. Terms of the transaction were not disclosed. Located in Lafayette, Louisiana, Thibeaux Insurance Group is a family-owned insurance company commercial …

Chaucer, Parametric Insurtech Yokahu Offer Product to Cut Caribbean Protection Gap

Chaucer, the London-based specialty re/insurance group, and parametric insurtech startup, Yokahu, are launching a new microinsurance product, which will provide cover for hurricane events in the Caribbean. This new parametric product is designed to tackle the problem of underinsurance in …