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Romanelli Appointed as Chair of IICF Northeast Division to Succeed Watkins

The Insurance Industry Charitable Foundation (IICF) has appointed Jim Romanelli, senior vice president and New York City branch manager at CNA, as chair of the IICF Northeast Division’s board of directors. Romanelli began his tenure at CNA more than nine …

Factbox: What’s Ahead for UK Financial Services Sector and Brexit Trade Deal?

Britain leaves the European Union at 2300 GMT on Friday but has yet to negotiate a deal on future trading relations with the bloc. The EU is Britain’s biggest market for financial services, worth about 26 billion pounds ($34.2 billion) …

First Acceptance, IBI Offer Specialty Auto Program to Indiana Agents

First Acceptance Corp., a specialty auto insurance carrier with retail locations in 15 states, and Greenwood, Indiana-based Insurance Brokers Inc. (IBI) have made Acceptance auto insurance available to Indiana independent agents through the IBI agency network. IBI is a third-generation …

Wisconsin’s American Family Insurance Raising Minimum Pay to $20 Per Hour

Madison, Wisconsin-based American Family Insurance and its group of companies are raising their minimum hourly wage to $20 per hour. This rate increase, implemented with the intent to attract and retain talent and create a positive impact on employees and …

3 Missing After Barge Crash on Mississippi River Near Louisiana Town

Three people were missing after two barge towing vessels collided Sunday on the Mississippi River in an accident that also may have released a small amount of toxic vapor into the air, the Coast Guard said. The Coast Guard said …

Michigan Health System: Ex-Worker Stole Patient Data and Shared It

A southeastern Michigan hospital system said that a now-fired employee accessed and shared what was supposed to be protected personal and health information of more than 1,000 patients with someone affiliated with a personal injury lawyer. Beaumont Health said it …

TDI to Insurers: Compliance with Temporary Vehicle Coverage Provisions Required

The Texas Department of Insurance has reminded carriers that provide personal auto insurance in the state about the need to comply with new temporary vehicle coverage provisions contained in House Bill 3420. HB 3420, passed by the Legislature last year, …

Alera Group Acquires Muench Financial in Washington

Alera Group has acquired Muench Financial Inc. in Seattle, Wash. Muench Financial joins Alera Group through Wilson Albers. The Muench Financial team will operate out of Alera Group’s Seattle office. Terms of the deal were not disclosed. Muench Financial works …

Georgia Insurance Dept. Touts 2019 Work for Consumers, Agents

The Georgia Department of Insurance’s multiple enforcement divisions worked on behalf of insurance consumers to combat fraud, return insurance premiums, and approve insurance licenses in 2019, according to a statement from GADOI. In addition, the department said it increased the …

Australian Insurers Should Be Able to Withstand Mounting Bushfire Claims: AM Best

Australian insurers are well-capitalized and should be able to withstand losses from the 2019/2020 bushfire season, aided by strong capital positions and support from reinsurance partners, said AM Best. The ratings agency explained that comprehensive use of reinsurance has helped …