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Beazley Appoints Greenwood as Head of Cyber & Executive Risk, Succeeding Donovan

Specialist insurer Beazley has appointed Bethany Greenwood as global head of cyber & executive risk (CyEx) from July 2020. She will join Beazley’s executive committee at the same time. Greenwood joined Beazley last September to lead the London market and …

Hiscox Says Its Business Interruption Exposure Is Limited in Europe, U.S.

Hiscox’s core policy wordings do not provide cover for business interruption as a result of the general lockdown measures taken by the UK government in response to the coronavirus pandemic, said the company in a market update about its business …

Howden Broking Group Buys Greece’s Matrix Insurance & Reinsurance Brokers

Howden Broking Group, the London-based independent specialty broker, announced it has acquired Matrix Insurance and Reinsurance Brokers in Greece. Financial details of the deal were not disclosed. Founded in 2003 and headquartered in Athens, independent broker Matrix became a broker …

Florida to Aggressively Test Nursing Home Patients, Staff

Florida Gov. Ron DeSantis said Monday the state will more aggressively inspect nursing homes to detect patients and staff who are infected with the coronavirus while officials said it appears the disease’s expansion in the state may be reaching a …

South Carolina Begins Clean Up After At Least 9 Tornadoes Hit State

South Carolina continued to clean up Tuesday from the state’s deadliest tornado outbreak in 36 years. Nine people were killed as a series of twisters moved from one end of the state to the other Monday morning. Meteorologists have counted …

Brightway Insurance to Offer Deferred Cost Option to New Franchisees During Pandemic

Brightway Insurance has made changes to its franchise contract in a move that is designed to make it easier to attain franchise ownership during the current coronavirus pandemic. According to Brightway President and CEO Michael Miller, the company will offer …

Why Leaders Need to Resist Rewriting Insurance Contract Language

Soon after the attacks on the World Trade Center and other locations on the morning of September 11th, President Bush declared that the atrocities were “an act of war.” That statement prompted a call to me from a friend and …

Farmers in California Names Conte Head of Exclusive Agent Distribution

Woodland Hills, Calif.-based Farmers Insurance has named Krista Conte head of exclusive agent distribution. Conte joins Farmers after more than 15 years at Allstate, where she was most recently field vice president in the California region. Farmers Insurance Group is …

Mastos Was a Staple in Nevada’s Insurance Community

Louis T. Mastos was stepped in myriad sectors of Nevada’s insurance community, and he was someone who early on recognized the value of surplus lines, those who knew him say. Mastos, who served as Nevada’s second insurance commissioner, died on …

Sompo Int’l to Exit Lloyd’s, Writing New Business from London Company Market Platform

Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced that as part of the ongoing transformation of Sompo International, the insurer will be consolidating its London presence into one company market platform and …

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