Yearly Archives: <span>2021</span>

Goosehead Insurance Fires Employee Who Was at Jan. 6 Capitol Hill Riot

Texas-based personal lines insurance agency Goosehead Insurance has fired an employee who participated in the storming of the Capitol yesterday. According to a posting on Goosehead’s Twitter account, Paul Davis, who was associate general counsel, is no longer with the …

Insurance Leaders Condemn Violence by Trump Rioters Who Stormed Capitol

Several insurance industry leaders have joined others in the U.S. business community in condemning the violent rioters who stormed the Capitol yesterday in support of President Donald Trump. The protesters damaged the federal property and interrupted legislative proceedings on the …

Deep Fake Losses to Challenge Cyber Insurers, CyberCube Warns

What do Ulysses and his Trojan Horse, the pickpocket Fagan in Charles Dickens’ Oliver Twist and a video of Facebook’s Mark Zuckerberg touting how his company “owns” its customers have in common? They are old and new forms of deception …

California Governor Planning $4 B for Economic Recovery

After spending most of 2020 telling small businesses to close and limit their customers, California Gov. Gavin Newsom on Tuesday proposed $4 billion worth of state spending he says will help them survive in 2021. Newsom was the first U.S. …

Flooding Brings New Woes to New York City Church Hard-Hit by COVID-19

A Lutheran church in New York City already reeling from the COVID-19 deaths of more than 60 members of the congregation has suffered a new trauma: Severe flood damage from the rupture of a major municipal water main. The flooding …

Heffernan Insurance Brokers Merges with Porter & Curtis, Establishes Penn. Office

Heffernan Insurance Brokers, a full-service, independent insurance brokerage firm, has merged with Porter & Curtis LLC, a consultative commercial property/casualty insurance broker, effective December 31, 2020. Porter & Curtis represents Heffernan’s first office on the East Coast. Its founders, William …

Who’s On the Hook If COVID-19 Vaccines Go Wrong?: Viewpoint

The COVID-19 vaccines are here and distribution has begun. But what if something goes wrong? Whether it’s a loss of income, hefty medical bills or other serious adverse effects from getting a shot, someone has to pick up the tab, …

Founders of Massachusetts’ Renaissance Alliance Retire; Callahan, Bondi to Lead

The founders of Renaissance Alliance Insurance Services, a membership alliance of independent insurance agencies, have retired after 21 years of leading the company. Bruce and Janet Cochrane retired from their full-time roles within the Massachusetts-based insurance agency partnership organization, effective …

Hudson Gains Professional Lines Renewal Rights, Experienced Team from Validus

Hudson Insurance Group has completed a business transfer agreement with Validus Specialty Underwriting Services for the renewal rights transfer of a select portfolio of Miscellaneous Professional Liability, Financial Institutions Liability and Management Liability policies. The agreement also includes the transfer …

Pro Global Expands in Latin America with Brazil Office

Global re/insurance outsourcing and consulting specialist Pro Global Holdings Ltd. (Pro) announced the expansion of its services within Latin America with the opening of a wholly owned office in Sao Paulo, Brazil. Brazil Office Manager Juan Pablo Bragadin – who …