HSCM Bermuda Takes Majority Stake in Florida Insurer Southern Fidelity After Merger November 18, 2020 By Amy O'Connor After a tumultuous year that included double-digit rate increases, an intervention by the state regulator and a merger, Florida-based insurer...
Insurers Using Counter-Intuitive Arguments to Escape COVID Liabilities: UK Regulator November 18, 2020 By Kirstin Ridley and Carolyn Cohn Insurers are trying to escape liability for pandemic-related business losses with counter-intuitive arguments that go against the essential purpose of...
Gray Surplus Lines Insurance to Launch Dec. 1 in Louisiana November 18, 2020 Metairie, La.-based Gray Insurance Co. is expanding its excess casualty capabilities with the launch of Gray Surplus Lines Insurance Co....
Despite Warnings and Laws, Drivers Continue to Be Distracted by Phones November 18, 2020 Despite education programs and state laws, phone-based driving distraction is still on the rise—and is likely responsible for far more...
Allied World Sells Majority Stake in High-Net Worth Insurer Vault November 18, 2020 By Andrew G. Simpson Fairfax Financial Holdings and its subsidiary Allied World Assurance Co. have agreed to sell their majority interests in Florida-based high-net...
Nearly 90,000 Sexual Abuse Claims Filed Against Boy Scouts in Bankruptcy November 18, 2020 By David Crary Close to 90,000 sexual abuse claims have been filed against the Boy Scouts of America as the Monday deadline arrived...
Crest Insurance in Arizona Names Wimmer Personal Lines Manager November 18, 2020 Crest Insurance Group LLC of Scottsdale, Ariz., has added Sarah Wimmer as a personal lines manager. Wimmer will oversee employees...
Oklahoma Places New Restrictions on Bars, Restaurants Amid Virus Surge November 17, 2020 By Sean Murphy Oklahoma Gov. Kevin Stitt has announced new restrictions on bars and restaurants and plans to require mask wearing inside state...
Columbus, Ohio, Plans to Pay $1M to Family of Woman Killed by Officer November 17, 2020 The city of Columbus, Ohio, plans to pay $1 million to the family of a woman killed by an undercover...
Tornado in Arkansas on Sunday Injured 4 People, Destroyed Homes November 17, 2020 A tornado in northeast Arkansas on Nov. 15 left four people injured and destroyed buildings and mobile homes, authorities said....