Yearly Archives: <span>2021</span>

Declarations

App Shakeup “Los Angeles leads the nation in earthquake resilience and ShakeAlertLA showed how we can harness technology to provide critical warning before an earthquake hits.” — Los Angeles Mayor Eric Garcetti hailed the city’s earthquake alert app, which was …

Heavy Burden on Fleet Owners

The sharply rising cost of fleet insurance over the past several years has placed a heavy burden on fleet owners. Last year, the American Transportation Research Institute reported that insurance costs rose 12% from 2017 to 2018, the second fastest …

Can Insurance-Related Firms Compel Employees to Get COVID-19 Vaccination?

The long-awaited and highly anticipated COVID-19 vaccine is here. The first to arrive on the scene, from Pfizer-BioNTech, received emergency use authorization from the Food and Drug Administration several days ago. On the heels of that, Moderna’s version got the …

Business Moves

East World Insurance Associates, Danaher-Skewes & Associates, Fairways Insurance World Insurance Associates LLC has acquired Danaher-Skewes & Associates Inc. of Manassas, Va., on Nov. 1, 2020. Established in 1963, Danaher-Skewes is an independent insurance agency, serving residents and businesses in …

2021 Insurance Industry Meetings & Conventions Directory

Self-Leadership: Tips for Navigating the Quarantine Jan 8 Society of Insurance Trainers & Educators https://us02web.zoom.us/webinar/register/WN_P-BeAjpuRLeuTUiVu0-S1g [inline-ad-1] 2021 Gamma Iota Sigma Regional Conference Series Jan 22-29 VFairs virtual event platform Gamma Iota Sigma https://web.cvent.com/event/b65fb4dd-dd27-4efc-add3-034b2ba70f11/summary?RefId=GISRC2021 WSIA Surplus Lines Management Feb 1-4 WSIA …

Farms Were the Deadliest Workplaces in Montana Last Year

An annual report made public by the Montana Department of Labor and Industry has shown that 2019 was slightly more deadly than the previous year in workplaces, with farming the most dangerous industry. The Census of Fatal Occupational Injuries showed …

California State Fund Declares 10% Dividend for 2020 Policy Year

California’s State Compensation Insurance Fund in early January announced plans to distribute a $39 million dividend to its qualifying policyholders with policies that took effect between Aug. 27 and Dec. 31, 2020. The dividend equals roughly 10% of the estimated …

Florida Market Stabilization Critical to Reducing Citizens’ Exposure: Study

Florida’s fluctuating and volatile private market may be instigating long-term policy growth for Citizens Property Insurance Corp. and creating serious obstacles to its position as the state’s residual insurer, a study says. The 236-page “Exposure Reduction and Depopulation Opportunities Analysis,” …

BevCap Management Forms Onshore Captive Domiciled in North Carolina

BevCap Management, LLC (BevCap), an alternative risk program manager with captives domiciled both on and offshore, has formed HatterasRe, LTD, an onshore domiciled captive insurer for BevCap Health’s proprietary Medical Stop Loss program. The new captive will be domiciled in …

Amalgamated Life’s Dunkin Becomes RIMS President for 2021

The risk management society RIMS announced that Ellen R. Dunkin will lead the organization as president for the 2021 term, which began January 1. Dunkin is the senior vice president, general counsel and chief risk officer for Amalgamated Life Insurance …