Owner of Cosmetic Clinics in California Admits $20M Insurance Fraud February 11, 2022 The former owner of a group of health spas and clinics in Los Angeles has admitted to participating in a...
People Moves: Great American P&C Promotes Cohen, Kadnar; Markel Adds Hiscox’s Wakeham as U.S. Terrorism Underwriter February 11, 2022 Great American Insurance Group has promoted Jason M. Cohen to senior vice president and Julie F. Kadnar to divisional group...
S&P Report Sheds Light on Florida Farm Bureau’s Losses February 11, 2022 Recently posted data provides new insight on the dire financial situation for Florida Farm Bureau, one of four carriers that...
World Insurance Acquires Allied Partners in Maryland-District of Columbia Area February 11, 2022 World Insurance Associates said it acquired Allied Partners Insurance Inc. of Gaithersburg, Maryland on February 1, 2022. Terms of the...
Hamilton Launches U.S. E&S Insurer, Names Rhoades CEO February 11, 2022 Bermuda-based specialty insurer Hamilton Insurance Group, Ltd. reports it has formed Hamilton Select Insurance Inc., a U.S. excess and surplus...
Parametric Insurtech Startup FloodFlash Raises $15M for International Expansion February 11, 2022 FloodFlash, the UK parametric insurance technology company that pays catastrophic flood claims within 48 hours, announced a Series A capital...
Greenlight Re Innovations Invests in Cargo Insurtech Startup Redkik February 11, 2022 Greenlight Re Innovations (GRI), part of Greenlight Capital Re Ltd., has announced an investment in insurtech startup Redkik Inc., a...
Strain of Avian Flu Found in Birds at Indiana Turkey Farm February 11, 2022 A strain of avian flu that can cause high mortality rates among birds has been confirmed at a commercial turkey...
AXA Completes Sale of Singapore Business to HSBC February 11, 2022 AXA announced it has completed the sale of its Singapore operations to HSBC for US$529 million. HSBC Insurance (Asia Pacific)...
SEC Fines Iowa Insurance Agent $112,000 For Oil, Gas Investments February 11, 2022 The U.S. Securities and Exchange Commission has fined a Bettendorf, Iowa insurance agent nearly $112,000 for selling unregistered securities tied...