Insurers Zurich and Chubb Raise Cover for Canada Oil Sands Pipeline: Filings May 13, 2020 By Carolyn Cohn, Simon Jessop and Noor Zainab Hussain Major insurers Zurich and Chubb increased their insurance cover for a Canadian oil sands pipeline over the last year, Canadian...
Reliance Partners of Tennessee Appoints Albrecht as CFO, CRO May 13, 2020 Reliance Partners has added Thom Albrecht as chief financial officer and chief revenue officer. Albrecht is a 32-year veteran of...
FCCI Insurance Terminates CEO Johnson Days After His Arrest May 12, 2020 Craig Johnson, chief executive officer of Florida-based FCCI Insurance Group, has been terminated and removed as an officer and board...
Workers’ Comp May Need Backstop as Presumptions Push Claim Costs into Billions May 12, 2020 By Jim Sams An executive order by California Gov. Gavin Newsom last week is the most aggressive yet among the directives issued by...
California Retailer Sues Travelers for Denied COVID-19 Business Interruption Claims May 12, 2020 San Francisco-based children’s clothing boutique Mudpie Inc. has filed a class action lawsuit on behalf of California-based retail stores against...
French Mutual Covéa Scraps $9 Billion Purchase of PartnerRe from Exor May 12, 2020 French insurer Covéa has walked away from its planned $9 billion purchase of PartnerRe, the Bermuda-based reinsurer owned by Exor,...
Texas: Sponsors Have Responsibilities for Temporary Agent, Adjuster Licenses May 12, 2020 The Texas Department of Insurance in Commissioner’s Bulletin No. B-0026-20 reminds insurers, agents, agencies, and adjusters of their responsibilities for...
Workers at West Virginia Poultry Processing Plant to be Tested for Virus May 12, 2020 By John Raby The West Virginia National Guard will assist in conducting tests for the coronavirus starting Monday at a poultry processing plant...
Texas’ Paramount GA Launches Online Platform for Transportation Risks May 12, 2020 Tyler, Texas-based Paramount General Agency, a licensed program administrator with a focus on the long-haul trucking industry, has launched an...
HUB International Acquires Employee Benefits Unit of Indiana’s The Healy Group May 12, 2020 Insurance brokerage HUB International Limited (Hub) has acquired the employee benefits division of The Healy Group Inc. (Healy Benefits), based...