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People Moves: World Insurance Adds Bond; Ratcliffe Joins Alliant

World Insurance Associates, headquartered in Iselin, New Jersey, hired Ken Bond as chief corporate development officer. Bond oversees corporate development for retail insurance, retirement plan and wealth management services and wholesale insurance. Bond is based out of Iselin. Bond’s career …

Report Using Aerial Imagery Keys in on Hailstorm Risks to Colorado Homes

A report looking at 1.2 million homes in Colorado shows risks in the one of the top states for hail-related insurance claims are made worse by the state of some properties. The Arturo used artificial intelligence models with aerial imagery, …

New York’s Putting Some Green— $5 Million— Into Green Energy Insurance Innovations

New York State’s $5 million Insurance Innovation Prize is now open for applications. Supported by the New York State Energy Research and Development Authority (NYSERDA), the new program offers awards for the “development and deployment of novel insurance solutions that …

Washington Fines Fred Meyer Stores $100K for Unlawfully Selling Insurance

Washington Insurance Commissioner Mike Kreidler issued a cease-and-desist order and fined Fred Meyer Stores Inc. $100,000 for selling insurance without state authorization. Fred Meyer stores reportedly sold the GUARD Protection Plan, issued by Mack Camera & Video Service, to a …

Excellent Ratings for Pfizer’s Property Captive in Vermont Are Affirmed

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” (Excellent) of Blue Whale Re Ltd. (Blue Whale) (Burlington, VT). The outlook of these Credit Ratings (ratings) is stable. AM Best …

Dallas to Atlanta Brace for Severe Thunderstorms: Weather Watch

Nearly 22 million people from Dallas to Atlanta will face another round of severe thunderstorms bringing downpours, hail and possibly tornadoes. For the last week, the central and southern US have been battered by ferocious storms and flooding that all …

People Moves: Leif Assurance Promotes Langworthy to Enterprise Relationship Manager

Leif Assurance, a full-service insurance agency that exclusively handles construction insurance, has promoted Melinda Langworthy to the role of Enterprise Relationship Manager. Prior to this new position, she served as the company’s Senior Sales Account Executive. Langworthy will be responsible …

After Deadly Oklahoma Tornado, Storms Bring Twisters to Midwest

DETROIT (AP) — Severe storms battered the Midwest on Tuesday, unleashing a curtain of heavy rain, gusty winds and tornadoes throughout the region a day after a deadly twister ripped through a small Oklahoma town and killed at least one …

Alera Group Acquires Texas’ Trimble-Batjer

Alera Group announced the acquisition of Texas-based Trimble-Batjer. Founded in 1883, Trimble-Batjer provides surety and bonds, business solutions, employee benefits and insurance coverage for auto, home, health and life. The San Angelo agency specializes in construction, oil and gas, farm …

AM Best Revises Ohio Indemnity Company’s Outlook to Positive

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Ohio Indemnity Company (OIC) (Columbus, OH). The Credit Ratings (ratings) reflect …

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