November 3, 2021
The South Carolina Department of Insurance is reminding people that it has taken over responsibility for investigating and prosecuting suspected cases of insurance fraud in the state. Until July, the cases were handled by the state attorney general’s office. But …
November 3, 2021
The Supreme Court is declining to wade into a case involving transgender rights and leaving in place a lower court decision against a Catholic hospital that wouldn’t allow a transgender man to have a hysterectomy there. The high court turned …
November 2, 2021
Bermuda-based Vantage Group Holdings Ltd. has appointed Alex Blanco as CEO of Insurance to lead the growth and development of its insurance business. Blanco is a seasoned Insurance professional with over 25 years of industry experience across professional and specialty …
November 2, 2021
LAGOS – Rescuers on Tuesday dug through rubble searching for survivors a day after a luxurious high-rise building collapsed while under construction in Nigeria’s commercial capital Lagos, as officials put the death toll at 10 and scores were reported missing. …
November 2, 2021
California Insurance Commissioner Ricardo Lara cannot force insurers to repay consumers when they charge excessive rates, the California Court of Appeal in San Diego has ruled. The court held that State Farm will not have to pay more than $100 …
November 2, 2021
Mount Logan Capital Inc. has completed its previously announced acquisition of 100% of the equity of Omaha, Nebraska-based Ability Insurance Company for a purchase price of $20 million comprised of the issuance of an unsecured promissory note in the amount …
November 2, 2021
PCF Insurance Services completed a management and partner-led buyout of PCF from financial sponsor HGGC, which values the business at more than $2.2 billion. The transaction, including financing of more than $1 billion, was led by PCF CEO Peter C. …
November 2, 2021
This edition of International People Moves details appointments in at insurer Chaucer (in the UK), the broker NFP (in Quebec) and the insurtech BOXX (in Switzerland). A summary of these new hires follows here Chaucer Appoints Smith From WTW to …
November 2, 2021
One80 Intermediaries acquired Hill Program Managers LLC, a Denver, Colo.-based program manager for commercial lines insurance. Terms of the deal were not disclosed. Hill Program specializes in oil and gas service providers, architects and engineers, and construction and design contractors. …
November 2, 2021
A proposed bill was heard last month in the Massachusetts legislature that aims to place a time limit on auto insurance claims investigations and would make investigating insurers responsible for premium payments until the cause of loss is determined. The …