Monthly Archives: <span>June 2024</span>

Maryland Governor Names Hatchette Interim Insurance Commissioner as Birrane Retires

Maryland Governor Wes Moore has appointed an interim commissioner at the helm of the Maryland Insurance Administration (MIA). Moore named Joy Y. Hatchette as interim insurance commissioner at MIA. The current commissioner, Kathleen Birrane, previously announced plans to retire at …

Report: Over 1,000 Properties Affected by New Mexico Wildfires to Cost $370M

More than 1,000 residential properties in New Mexico may have been damaged or destroyed by wildfires in New Mexico, according to property data firm CoreLogic. “Multiple, active wildfires in south-central New Mexico potentially impacted approximately 1,300 residential properties with a …

California FAIR Plan Clearinghouse Will Include Commercial Policies Starting July 1

The California FAIR Plan Association will expand its clearinghouse to include commercial policies, such as those covering farms and condos, beginning July 1. The move follows the passage of Senate Bill 505 in 2023. California Insurance Commissioner Ricardo Lara in …

Connecticut Firefighters Sue DuPont, 3M, Honeywell Over Allegedly Contaminated Gear

DuPont, 3M, Honeywell and 16 other defendants were sued on Tuesday by Connecticut firefighters who said their protective gear was contaminated by toxic “forever chemicals” linked to cancer. Lawyers for the plaintiffs said they believed the proposed class action filed …

Dellwood Insurance Files to Dismiss ‘Insufficient’ Case Brought by AIG

Dellwood Insurance Group has filed to dismiss a lawsuit against it by American International Group, who is using the court system “as a cudgel to crush a fledgling startup,” the new surplus insurer said. According to the motion filed last …

People Moves: Wyrick Joins Powers Insurance & Risk Management; Western National Adds Archulaeta and Jenson to Leadership Team

Wyrick Joins Powers Insurance & Risk Management Powers Insurance & Risk Management, headquartered in St. Louis, hired Kelsey Wyrick as a personal lines account manager. Wyrick’s responsibilities include managing personal lines accounts, retaining new and renewal clients, and promoting new …

Floodwaters Inundate Midwest, Where Flood Insurance is Rarely In Force

Floodwaters damaged hundreds of properties this week across parts of Nebraska, Iowa, Minnesota and South Dakota as the Midwest recovers from days of intense rainfall. Three days of torrential downpours resulted in as much as 18 inches of rainfall in …

People Moves: QBE Promotes Europe Product Managers for Cyber and Mgmt. Liability/Financial Institutions; Stoop Named Managing Director of DUAL Benelux

This edition of International People Moves details appointments at QBE and Howden’s managing general agency, DUAL Benelux. A summary of these new hires follows here. QBE Promotes Product Mgrs for Cyber and Mgmt. Liability/Financial Institutions QBE European Operations has appointed …

Former Maryland State Employee Indicted in Theft, Insurance Fraud Cases

Maryland Attorney General Anthony G. Brown announced the indictment of a former state employee in two separate cases involving theft and insurance fraud. Shanell Angelia West, of Essex, was allegedly involved in a theft scheme while working at the Maryland …

NTSB Says Norfolk Southern Threatened Agency During Derailment Probe

The chair of the National Transportation Safety Board said Norfolk Southern threatened the board, sought to manufacture evidence and failed to provide documents during its investigation of a 2023 Ohio derailment. NTSB Chair Jennifer Homendy said in extraordinary remarks the …