Yearly Archives: <span>2021</span>

BE Group Takes Fresh Look at Buying $10 Billion Insurer Ageas

BE Group, an investor group fronted by former financial services dealmakers, is exploring the feasibility of a fresh pursuit of Belgian insurer Ageas after a previous attempt was rebuffed, people familiar with the matter said. The consortium has been speaking …

MGAs/MGUs Tackle Risk Considerations in Becoming Carriers

This post is part of a series sponsored by AgentSync. As managing general agents (MGAs) and managing general underwriters (MGUs) examine their next steps as businesses and investment opportunities, some are attracted to fully taking on the role of carrier. …

Parents of Indiana Girl Sue City After She Drowns in Pool

The parents of a 5-year-old girl who drowned last summer in a southwest Indiana city’s swimming pool are suing the city and the child’s foster parent, accusing them of negligence in her death. The lawsuit filed Dec. 3 in Gibson …

People Moves: Branch Names Brizard CBO; Hagerty Adds Ignoto

Branch Names Brian Brizard Chief Business Officer Branch, a full-stack insurance company, has hired Brian Brizard as chief business officer. As Branch continues its nationwide expansion, Brizard’s hiring marks a major investment to the commercial end of Branch’s business and …

Hub Acquires Texas-Based Cameron Investment Company

Hub International Limited (Hub), a global insurance brokerage and financial services firm, has acquired Cameron Investment Company, Inc., d/b/a Shepard Walton King Insurance Group (Shepard Walton King). Terms of the transaction were not disclosed. Headquartered in McAllen, Texas, Shepard Walton …

People Moves: Kentucky’s Big I; Berkshire’s Life Sciences

Big I of Kentucky, the association of independent insurance agents in the state, has elected Kevin Desmond as chairman. Desmond, who is president of Desmond Insurance in Bellevue, has been active on the Big I board and committees since 2016, …

Study: No Intentional Racial Bias in Washington Patrol Traffic Stops

A study from Washington State University found no intentional racial bias in traffic stops by the Washington State Patrol, however it noted disparities in traffic stops involving Black and Hispanic drivers. KOMO reports the study conducted by WSU’s Division of …

Evacuation Orders Lifted for Central Colorado Wildfire

Firefighters made progress containing a 15-acre wildfire in a central Colorado mountain community as authorities lifted evacuation orders Monday for residents who were forced to leave their homes a day earlier. Clear Creek County Sheriff Rick Albers told reporters the …

People Moves: Norgrove to Succeed Egan as RSA CEO, UK & International; Marsh Promotes 3 Senior Leaders for Financial and Professional Specialty

This edition of International People Moves details appointments at RSA UK & International and Marsh. A summary of these new hires follows here. Norgrove to Succeed Egan as RSA CEO, UK & International Toronto-based Intact Financial Corp. announced that Ken …

Funeral Directors Accused of Taking Insurance Funds But Not Cremating Remains

Funeral home directors in two Southern states have been accused of taking money from insurance policies and grieving families, but failing to return proceeds to the families and failing to cremate or ship remains, state insurance officials said. In North …