Growth of North Carolina’s captive insurance company program once again exceeded expectations during the program’s third full year of operation, according to Insurance Commissioner Mike Causey. During 2016, the number of North Carolina licensed captive insurers more than doubled, and …
Teri Brinson, executive vice president of M.D. Jensvold & Co., has taken over as president of the Texas Surplus Lines Association (TSLA) for 2017. She brings more than 35 years of experience and leadership in the insurance industry to her …
When tectonic plates shift, we all know about it. Typically, it’s immediate. Tidal waves, earthquakes and tsunamis usually come to mind. Most of the time those events come without warning. However, there are tectonic shifts in business that we do …
The Texas Supreme Court recently ruled in favor of an insurer in a case that hinged on the applicability of an insured-v.-insured exclusion in the carrier’s directors and officers (D&O) liability policy. The Court’s action reversed the ruling in Great …
The Texas Senate Business and Commerce Committee on March 9 heard testimony on a revised bill that aims to limit the number of policyholder lawsuits filed against property insurance companies following severe weather events. At the hearing, Senate Business and …
Oil and gas companies, including some of the most celebrated industry names in the Houston area, are facing increasingly sophisticated hackers seeking to steal trade secrets and disrupt operations, according to a newspaper investigation. A stretch of the Gulf Coast …
Six counties in the Texas Panhandle have been declared disaster areas by Gov. Greg Abbott following the deadly wildfires that swept through the area on March 6 – 7 burning more than 440,000 acres. Abbott’s March 11 declaration helps clear …
Eastern Insurance Group, a Natick, Mass.-headquartered subsidiary of Eastern Bank, has hired Mark J. Goyer as vice president and sales executive within Eastern Benefits Group, the insurance firm’s employee benefits division. Goyer, who works out of the Norwell, Mass., office, …
The Delaware Department of Insurance has begun the search for a new Director of the Bureau of Captive Insurance and Financial Products to take over once current director Steve Kinion’s contract expires on April 1. The move is being made …
As the insurance industry has closely followed developments regarding The New York State Department of Financial Services’ (DFS) cybersecurity regulation, concerns remain in terms of how the final regulation, set to go into effect March 1, may impact mid-sized companies …
