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My New Markets

Long Haul Trucking Auto Liability Market Detail: Innovative Risk Insurance Services LLC has developed a mono-line commercial auto program for a broad range of customers who have both small and large transportation fleets. The commercial auto program can provide underwriting …

Declarations

Identified Threat Actors “Independent of whether there’s any violation of the law or any violation of terms of service, we just don’t want those actors that we’ve identified – that we track and know are threat actors of various kinds …

People & Places

National Xceedance, headquartered in Boston, appointed Peter Flynn as senior vice president, personal lines, Americas. Flynn brings 25 years of insurance experience, having spent the first 15 years of his career various roles with Chubb and, more recently, as senior …

Business Moves

East Webster Bank, Ametros Financial Corp. Connecticut-based Webster Bank completed its acquisition of Ametros Financial Corp., a firm that administers medical claims settlements. Ametros provides post-settlement medical administration for those receiving funds from workers’ compensation and liability settlements though a …

Small Business Cyber Gap

Yvette Prichard says cyber insurance continues to be an area where small businesses have significant gaps in their insurance portfolios. “It is a big risk; any business that does anything on a computer needs cyber liability,” said Prichard, who is …

WTW Upgrades Hawaiian Coral Reef Parametric Insurance Policy

WTW and The Nature Conservancy (TNC) announced the purchase of a new coral reef insurance policy that expands coverage around the main Hawaiian Islands and increases payouts after qualifying storms. This replaces the first U.S. coral reef insurance policy purchased …

SAIF in Oregon Reports Ice Caused Most Workplace Slips, Trips, Falls in 7 Years

SAIF in Oregon, which reported receiving 400-plus claims after January’s winter weather, said more Oregon workers were injured from slips, trips, and falls due to snow or ice than during any other storm since January 2017. SAIF, Oregon’s not-for-profit workers’ …

Southern California Tops List of Wheel and Tire Claims for Second Straight Quarter

Los Angeles and Orange County are number one of the top 20 list for a second consecutive quarter for 2023 and stay at the top in theft claims handled by population. Wheelnet, a provider for wheel and tire replacement for …

Kansas’ Conrade Insurance Group Discloses Data Breach

Conrade Insurance Group this week reported a data breach upon identifying unusual activity in its email system. The Newton, Kansas-based insurance agency posted a Notice of data Event on its website stating an investigation determined that one employee email account …

Boat Rental Protection, Direct-Action Truck Bills Moving Forward in Georgia Assembly

Georgia legislation that could have a significant impact on insurance litigation and losses for transportation-related businesses are moving forward in the state General Assembly. The Georgia House of Representatives late last month approved House Bill 994, which would give some …