Hiscox CEO Masojada to Retire at Year End, Succeeded by CFO Hussain July 22, 2021 Specialist global insurer Hiscox announced that after 21 years as group chief executive, Bronek Masojada plans retire at the end...
People Moves: California Insurance Commissioner Appoints Members to CIGA, COIN Boards July 22, 2021 California Insurance Commissioner Ricardo Lara made several new appointments, including naming one member to the California Automobile Assigned Risk Plan...
California Commissioner Lowers Workers’ Comp Benchmark July 21, 2021 California Insurance Commissioner Ricardo Lara lowered the workers’ compensation insurance benchmark rate by 5 cents to $1.41 per $100 of...
California Workers’ Comp Report: Private Self-Insured Indemnity Claim Frequency, Paid & Incurred Losses Spiked in 2020 July 21, 2021 Workers’ comp claim frequency among California’s private self-insured employers rose in 2020, fueled by a big increase in the incidence...
Florida Vacation Rental Voluntarily Evacuated Due to Balcony Cracks July 21, 2021 A vacation rental building on Florida’s Gulf Coast was deemed structurally unsafe, leading to the voluntary evacuation of tourists who...
Agency Partnership News Wrap-Up: SAN Group, Valley Alliance, Keystone, United Valley July 21, 2021 SAN Group Adds 16 New Member Agencies Satellite Agency Network (SAN) Group Inc. added 16 independent member agencies to the...
First Half Insured Losses From Natural Disasters Reach 10-Year High July 21, 2021 Insured losses from natural disasters hit a 10-year high of $42 billion in the first half of 2021, with the...
Bradenton, Florida Insurance Agent Pleads Guilty to Defrauding Elderly Investors July 21, 2021 Kenneth Murry Rossman, a certified public accountant and licensed insurance agent, pleaded guilty to conspiracy to commit wire fraud and...
People Moves: Lockton Names Presidents; Moxley Joins IOA Tallahassee Office July 21, 2021 Lockton Lockton has promoted Neil Metzheiser to President of the Atlanta office. Metzheiser specializes in the design and implementation of...
$5.5M Settlement Reached in Washington Nurse Lawsuit July 21, 2021 A class-action lawsuit brought by thousands of nurses who said they weren’t properly paid for lunch and other breaks has...