July 1, 2016
Update: The California Department of Insurance originally issued a cease and desist notice, not an order as is reported below. Due to wording in a press release issued from CDI, several news outlets reported an order was issued. A CDI …
July 1, 2016
The California Earthquake Authority won the SAMMY Award for “overall Best of Show” at the 58th Annual Insurance Marketing & Communications Association Showcase Awards Gala. The SAMMY Award was voted on by attendees at the 2016 IMCA Annual Conference in …
July 1, 2016
The Property Casualty Association is urging California’s governor to sign a bill approved by the Legislature to ensure homeowners and renters offering rooms for rent on hosting platforms like Airbnb and Home Away understand what insurance coverage they have. Senate …
July 1, 2016
Colorado State University edged up its seasonal Atlantic hurricane forecast to 15, three more than in an average year. The new prediction is that six of those storms will become hurricanes and two will grow into major systems with winds …
July 1, 2016
State police say two 15-year-old boys stole eight cars and caused $50,000 in damage to some of the vehicles and the Litchfield Fairgrounds. The Kennebec Journal reported that police say the teenagers, of Farmingdale and Whitefield, were arrested Wednesday after …
July 1, 2016
GEICO has named John Pham vice president of its regional operations in Virginia Beach. Pham will oversee all business functions for Virginia and North Carolina insureds, as well as GEICO’s military, motorcycle and recreational vehicle divisions. Pham joined GEICO in …
July 1, 2016
Homeowners in Connecticut are getting some help for crumbling foundations. Connecticut Attorney General George Jepsen said the state has reached a deal with a handful of insurance companies to finance a program meant to compensate affected homeowners. The program is …
July 1, 2016
The Massachusetts Senate has passed a bill to regulate ride-hailing services like Uber and Lyft. The legislation approved Wednesday on a 34-2 vote would require drivers to undergo criminal background checks and carry insurance policies of at least $1 million. …
July 1, 2016
W. R. Berkley Corp. announced the appointment of Scott R. Barraclough as president of its excess and surplus lines insurer, Admiral Insurance Barraclough is succeeding Steven S. Zeitman, who has been named chairman. The appointments are effective immediately. Barraclough joined …
July 1, 2016
Zurich announced that Conor Brennan has been appointed head of its UK General Insurance business, and will take up this role from the end of July. Brennan and newly appointed head of Zurich’s UK Life business Anne Torry, will report …