Are MGAs Winning the Insurance Talent War? July 20, 2022 With more than 1,000 managing general agents writing roughly $70 billion in direct premiums last year, researchers at Conning believe...
Alera Group Acquires DFG 401(k) in Arizona July 19, 2022 Alera Group acquired DFG 401(k) Advisors in Phoenix, Arizona. The firm joins Alera Group under the name BCG 401(k) Advisors...
SEC Approves Demotech as Nationally Recognized Statistical Rating Organization July 19, 2022 Insurance rating agency Demotech Inc. has become the tenth organization to named a Nationally Recognized Statistical Ratings Organization (NRSRO) by...
Settlement in Lawsuit over Autistic Utah Boy Dying in Hot Car July 19, 2022 A wrongful death lawsuit filed after an 11-year-old autistic boy was left in a hot car while under the watch...
Officials: Fatal Colorado Flood Caused by Quick Downpour on Burn Scar July 19, 2022 The area in northern Colorado where a flash flood swept away a camping trailer, killing a woman and a child,...
Actuarial Committee Recommends No Change in Texas Windstorm Insurance Rates July 19, 2022 The Texas Windstorm Insurance Association’s Actuarial & Underwriting Committee recommended to the board of directors that there should be no...
Rossini, Suckerman Take New Roles Within Reshuffled AXA XL Cyber Unit July 19, 2022 AXA XL’s cyber insurance business announced the creation of two new roles and several regional underwriting management appointments. Rachel Rossini...
California Insurance Commissioner Leaves Workers’ Comp Benchmark Rate July 19, 2022 California Insurance Commissioner Ricardo Lara on Tuesday adopted and issued a rate for workers’ compensation insurance pure premium that he...
Missouri Man Sues Bass Pro for Not Honoring Lifetime Warranty on Socks July 19, 2022 A Missouri man says in a class-action lawsuit against Bass Pro that the outdoor outfitter is refusing to honor its...
People Moves: Former Lexington Exec Heads to FutureProof; Hourly.io Hires From Markel; Leisz Joins Nationwide E&S; New CIO at Ryan Specialty July 19, 2022 San Diego-based FutureProof Technologies has hired Joseph Strickland as head of underwriting. He was previously senior vice president at AIG’s...