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Southeast Haunted House Requires Scary Amount of Preparation, Insurance

A haunted house that promises an extreme experience that can last up to 10 hours requires participants be medically cleared by a doctor and sign a 40-page waiver. The McKamey Manor experiences in Summertown, Tennessee, and Huntsville, Alabama, also require …

Sompo Global Risk Solutions Expands Mexico Capabilities, Hires Macias Romo

Sompo International Holdings Ltd. announced that the company has expanded its capabilities in Mexico with the addition of a new Sompo International Global Risk Solutions (GRS) team that will focus on serving clients in select industry verticals. Sompo Seguros Mexico, …

Pennsylvania Company Fined After Worker’s Fatal Fall into Meat Grinder

Federal officials have fined a Pennsylvania company for violations found after a worker was killed when she fell into a meat grinder earlier this year. The Occupational Health and Safety Administration issued $49,062 in civil penalties against the Economy Storage …

AXA to Sell Belgian Bank Unit to Crelan for $689.5M, Forms Bancassurance Deal

AXA announced it has entered into an agreement to sell its Belgian banking operations, AXA Bank Belgium, to Crelan Bank for cash and Crelan’s loan insurance business. In addition, AXA and Crelan have also agreed to a long-term P/C and …

EverQuote Hires Shankaran as Executive Vice President of Commercial Insurance

EverQuote Inc., a Cambridge, Mass.-based, online insurance marketplace in the U.S., has hired Shivi Shankaran as executive vice president of Commercial Insurance and Special Projects. Shankaran previously spent nearly 15 years in various roles at Amazon. Before this, he worked …

Connecticut’s Smith Brothers Insurance Hires Wohlers

Smith Brothers Insurance, a Glastonbury, Conn.-headquartered independently operated insurance broker, has hired Karen Smith Wohlers. She will be responsible for Employee Benefits Compliance and Legal Services in her new role. Wohlers has a background in human resources and compliance. Previously, …

Insurtech Funding Reaches $4.4 Billion to Date in 2019, Blowing Past Full-Year 2018

Insurtech funding levels, reaching almost $4.4 billion in worldwide funding commitments through three quarters of the year, has already surpassed the 2018 full-year total, Willis Towers Watson announced Wednesday. According to the new Quarterly InsurTech Briefing published by the global …

Sompo International Adds Email Security Review Services to Cyber Policies

Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has partnered with SecurIT360, a full-service security consulting firm, and The Crypsis Group, a cyber risk management firm, to offer all eligible cyber policyholders in …

Alabama-Based CNC Hires Kattermann as SVP of Claims Operations

Insurance adjusting firm CNC Catastrophe & National Claims has added George Kattermann as senior vice president of Claims Operations. He joins the team with more than 30 years of experience in catastrophe claims and business development. Kattermann began his catastrophe …

Bookkeeper for New Jersey Company Admits Stealing $1.7M in Check Fraud Scheme

A bookkeeper for a northern New Jersey company has admitted stealing $1.7 million from the firm by writing herself fraudulent company checks. Tammy Martinez pleaded guilty Tuesday to bank fraud. The 46-year-old South Amboy woman now faces up to 30 …