Yearly Archives: <span>2021</span>

Selective’s College Competition Appoints Students To Run Virtual Insurance Agencies

Selective’s College Competition kicks off this week across eight colleges throughout the country and will run through February. The annual contest provides the opportunity for teams of students to gain insurance career-building experience and networking opportunities with the guidance and …

3 Ways COVID-19 Will Continue to Impact Insurance Industry in 2021

The effects of the COVID-19 pandemic will be felt by the insurance industry and its customers well into 2021 as consumers and businesses continue to face economic challenges, according to a new survey by consumer credit reporting firm TransUnion. Insurance …

How a 2020 Cyber Attack Brought the New Zealand Stock Exchange to Its Knees

The website of the New Zealand Stock Exchange slowed to a crawl on a Tuesday afternoon in August. It was so badly throttled that the exchange couldn’t post market announcements, as required by financial regulators. So with an hour left …

Irish Pubs Entitled to Get Lockdown Insurance Payments from FBD: High Court Ruling

DUBLIN – Ireland’s High Court ruled on Friday that four publicans insured by FBD were entitled to be indemnified for losses under lockdown-linked claims, in a test case that could have implications for over 1,000 similar contracts. Irish pubs have …

Australian Insurers Declare Catastrophe for Perth Hills Bushfires

The Insurance Council of Australia (ICA) has declared a catastrophe for the Perth Hills bushfires which continue to burn north-east of Perth. Insurers have received more than 270 claims and estimated loss value is over A$40 million (US$30.5 million), this …

Ex-CNA Hardy Executive Brosnan Named CEO of W. R. Berkley Syndicate Management

W. R. Berkley Corp. announced the appointment of David Brosnan as chief executive officer of W. R. Berkley Syndicate Management Ltd., the Lloyd’s managing agent for W. R. Berkley Syndicate 1967. He succeeds Alastair Blades, who will continue in his …

Ashfeld-Schwarz Joins MJ Insurance’s Employee Benefits Team in Indianapolis

MJ Insurance, headquartered in Indianapolis, has added industry veteran Leea Ashfeld-Schwarz to its Benefits Consulting team, where she will serve as an employee benefits client executive. Ashfeld-Schwarz comes to MJ from Apex Benefits where she served as a senior account …

Energy Broker Thomas Blanquez Joins Breckenridge Insurance Services

ATLANTA, Ga., February 5, 2021 — Breckenridge Insurance Services is pleased to welcome expert energy broker Thomas Blanquez to the wholesale brokerage and binding firm. Blanquez joins the organization as a vice president, broker with more than 20 years of …

Private Equity Firms StonePoint, Insight to Buy Data Provider Corelogic

Property data and analytics firm CoreLogic has agreed to be acquired by two private equity firms for about $6 billion. Funds managed by Stone Point Capital and Insight Partners are set to snatch up all outstanding shares of CoreLogic for …

California’s New Mini-CFPB Law Largely Parallels Its Federal Cousin

California recently adopted significant amendments to its financial code, resulting in what is now known as the California Consumer Financial Protection Law (CFPL), or colloquially as the California “mini-CFPB” Act. The California CFPL substantially mimics the federal Consumer Financial Protection …