Lloyd’s Launches 2nd Protected Cell Company to Provide Greater Flexibility for Investors August 8, 2022 Lloyd’s announced it has received regulatory approval to set up a second protected cell company (PCC), which aims to enhance...
U.S. Captive Market Thrives Amid Capacity, Pricing Challenges August 8, 2022 The U.S. captive insurance market segment continued to generate profits and surplus gains in 2021 while outperforming the commercial market,...
Boston School Dean Ordered to Pay $10M for Shooting Student August 8, 2022 A former dean at a Boston high school known affectionately by students as “Rev” has been ordered by a federal...
People Moves: SAIF Names Tindall Vice President; Insurance Office of America Adds Spell in West August 8, 2022 SAIF promoted Holly Tindall to the newly created position of vice president of corporate services. Tindall is responsible for administrative...
Bus in California Went off Highway, Injuring 24 August 5, 2022 A bus traveling from Los Angeles to Fresno crashed after it went off a highway, broke through a chain link...
Omaha, Nebraska to Host Insurtech on the Silicon Prairie in October August 5, 2022 Nebraska Department of Insurance Director Eric Dunning announced that the Insurtech on the Silicon Prairie conference is back in-person and...
Sills Named CapSpecialty CEO as Sennott Steps Down August 5, 2022 CapSpecialty, a wholly-owned subsidiary of Alleghany Corporation, said Jack Sennott is stepping down from his roles as CEO, president and...
Seattle Ending COVID Hazard Pay for Grocery Store Workers August 5, 2022 The Seattle City Council has voted to end COVID-19 hazard pay for grocery store workers. The Seattle Times reports the...
Surveillance, Posts Lead to Arrest of California Mechanic for Workers’ Comp Fraud August 5, 2022 Richard James McGee, 47, of San Bernardino, California, was arraigned today on two felony counts of workers’ compensation insurance fraud...
Alera Group Acquires Georgia Agency August 5, 2022 Alera Group, an independent P/C and benefits firm, has acquired Jowers-Sklar Insurance, a Georgia-based independent agency specializing in property and...