One80 Intermediaries Acquires Canadian MGA, Strategic Underwriting Managers August 12, 2020 One80 Intermediaries, a Boston-headquartered wholesale broker, program manager, and insurance aggregator, announced it has acquired Strategic Underwriting Managers Inc. (SUM),...
Jackson Sumner & Associates Acquires Virginia’s Landers Underwriting August 12, 2020 Jackson Sumner & Associates (JSA) has acquired Landers Underwriting of Charlottesville, Va., in a deal inked earlier this month. Terms...
Secondary Perils Drive Global Insured Catastrophe Losses of $31B During H1: Swiss Re August 12, 2020 Global insured property losses from disasters were US$31 billion in the first half of 2020, up from US$23 billion during...
UK Auto Insurer Admiral Reinstates Special Dividend as Claims Drop During Lockdown August 12, 2020 Insurer Admiral reinstated its special dividend on Wednesday as it reported a jump in first-half earnings, the latest car insurer...
California Construction Worker Arraigned for Workers’ Comp Fraud August 11, 2020 Meliton Hernandez Martinez Jr., 23, was arraigned today at the Merced County Superior Court in California on multiple felony counts...
Idaho Man Sentenced for ‘Crash And Buy’ Insurance Fraud August 11, 2020 Riley Presher, of Twin Falls, Idaho, was sentenced on Monday for insurance fraud in violation of Idaho Code 41-293. Presher...
Leading Proxy Advisory Firms Recommend Shareholders Approve Aon, WTW Merger August 11, 2020 Aon plc and Willis Towers Watson announced that two leading proxy advisory firms have recommended that shareholders vote in favor...
Tropical Storms Could Set a Record at 25 This Season August 11, 2020 The U.S. National Oceanic and Atmospheric Administration (NOAA) last Thursday predicted up to 16 more named tropical storms this year,...
California Coronavirus Cases Hit 554K August 11, 2020 The number of COVID-19 cases in California stood at 554,160 cases Sunday, according to state health department officials. The California...
Lloyd’s Selects 10 Insurtechs for Its Innovation Accelerator, Focusing on COVID-19 Risks August 11, 2020 The Lloyd’s re/insurance market announced the latest cohort of insurtech disruptors that will join its Lloyd’s Lab innovation accelerator program...