Monthly Archives: <span>July 2016</span>

BHSI Launches Cyber Liability Cover in Australia; Osgood Leads Product Line

Berkshire Hathaway Specialty Insurance Company (BHSI) announced it has introduced cyber liability insurance in Australia and named Emma Osgood as head of Cyber Liability in the region. BHSI is focusing on the mid-to-large-tier market segment and will tailor solutions for …

Timothy Furber, CPCU Joins Breckenridge Insurance Services as Senior Vice President, Broker

Atlanta, GA, July 21, 2016— Timothy Furber, CPCU has joined Breckenridge Insurance Services wholesale brokerage division as a senior vice president, broker in the Portland, Maine area office. Prior to Breckenridge, Furber was at Swett & Crawford for 17 years, …

Everest Insurance Expands Umbrella, Excess Casualty Offering

Everest Insurance has expanded its umbrella and excess casualty offering with their new Peak Protect policy form. Peak Protect is an enhanced commercial umbrella policy form. Everest has also included Crisis Event Protection coverage on the new form, with an …

BUA Launches Prize & Promotion Insurance Services, Taps Woodbury to Lead

BUA, LLC of Portsmouth, N.H., has launched Prize & Promotion Insurance Services (PPI). PPI will be led by 25-year industry veteran, Jack Woodbury. PPI will focus on three main promotion insurance product lines: Prize Indemnity Insurance covers prizes that are …

Uber Cleared to Offer Rides in West Virginia

Gov. Earl Ray Tomblin and U.S. Sen. Joe Manchin introduced Uber to West Virginia by hailing the state’s first ride. After an Uber trip from Capitol Market in Charleston to the state Capitol, Manchin and Tomblin announced Uber’s launch in …

Central Insurance Promotes Lee to Regional Marketing Manager in Southeast

The Central Insurance Companies has promoted David Lee to Regional Marketing manager in the companies’ Southeast Regional Office. A graduate of the University of Georgia with a degree in Business Administration, Lee joined Central in 2003 in the Claims department. …

South Carolina Workers’ Comp Loss Costs Going Up, New Filing Requirements Take Effect

New requirements regarding the implementation of changes in workers’ compensation loss costs have been passed by the South Carolina Legislature, and the insurance department is reminding insurers to ensure they follow the new filing rules as loss cost increases will …

Southland Man Sentenced for Grand Theft After Posing as Insurance Agent

A Southern California man has been sentenced for grand theft for posing as a licensed insurance broker, selling insurance to commercial truckers and then pocketing premiums. Cristian Raul Videla, 34, of Van Nuys, Calif., pleaded no contest this week to …

North Carolina Restores Workers’ Ability to Sue Over Workplace Discrimination

Minor changes to a North Carolina law limiting protections for LGBT people have been signed by the governor. Legislators left the law mostly intact during their yearly session. They did make a change requested by Republican Gov. Pat McCrory that …

Cross Insurance Acquires Maine’s Sargent, Tyler & West

Maine’s Cross Insurance reported it has acquired another leading Maine insurance agency, Sargent, Tyler & West in Bangor, and its Bucksport branch office, Roland Grindle Insurance Agency. Sargent, Tyler & West has been in business for nearly 200 years. Michael …