Conning Study: MGA Market Still Growing July 12, 2024 A hard market combined with underwriting capacity from fronting companies allowed for robust growth in the MGA market in 2023,...
People Moves: AXA XL Appoints Madigan CUO for Mid-Market Environmental; Edsall Joins Tara Hill as SVP July 12, 2024 AXA XL, headquartered in Stamford, Connecticut, appointed Joseph Madigan as chief underwriting officer for its North American environmental insurance business...
Heffernan Acquires Costello Insurance Associates in Arizona July 12, 2024 Heffernan Insurance Brokers acquired Costello Insurance Associates in Tempe, Arizona. Pat Costello and his team of five employees will continue...
California Insurance Commissioner Orders Insurance Preserved for 46K Residents Following Fire July 11, 2024 California Insurance Commissioner Ricardo Lara today ordered insurers to preserve residential property insurance coverage for roughly 46,000 policyholders affected by...
Fifth Third Bank to Pay $5M Fine for Illegally Forcing Car Insurance Onto Borrowers July 11, 2024 Fifth Third Bank agreed this week to pay a $5 million fine for illegally forcing vehicle insurance onto borrowers who...
People Moves: Rice Joins Alliant Insurance Services’ Employee Benefits Team July 11, 2024 Brandon Rice joined Alliant Insurance Services, based in Irvine, California, as a vice president for its employee benefits group. Rice...
Woman Used Photos from Another Person in State Farm Claim, NCDOI Says July 11, 2024 North Carolina authorities have charged one woman and are on the lookout for another in connection with a scheme to...
Texas Tank Cleaning Company Faces $800K Fine After Worker’s Fatal Injury July 11, 2024 A La Porte, Texas tank cleaning company faces over $800,000 in fines after the company allegedly disregarded federal safety standards...
NYU Settles Suit by Jewish Students Who Complained of Antisemitism July 11, 2024 New York University has settled a lawsuit filed last November by three Jewish students who said they had been subjected...
Collector Vehicle Insurer OpenRoad to Launch in Four Midwest States July 11, 2024 New classic and modern collector vehicle insurer, OpenRoad, has announced it will begin offering coverage across select U.S. states on...