Monthly Archives: <span>July 2017</span>

New Terror, Cyber Threats Create Coverage Gaps: CEO of UK’s Pool Re

Insurance against terror attacks must adapt to face up to the threats posed by so-called lone-wolf militants and the rise of cyber crime. That’s the view of Julian Enoizi of Pool Reinsurance Co., the U.K. government-linked body that backstops insurers …

Atlas General Insurance Services Recognized As One of the Fastest Growing Private Companies of 2017

San Diego, CA, July 25, 2017– Atlas General Insurance Services, LLC (‘Atlas’), a national multi-line program administrator, has once again been selected by the San Diego Business Journal as one of the one hundred fastest growing private companies in San …

Minor Damage Reported in North Carolina From Waterspout Turned Tornado

A waterspout briefly came ashore as a tornado in North Carolina last week, causing minor damage to houses before dissipating. The StarNews of Wilmington reports the National Weather Service confirmed the waterspout made landfall around 11:30 a.m. July 19 as …

Mississippi Woman Charged With Insurance Fraud for Lying About Fall at Walmart

A 59-year-old Mississippi woman has been indicted on criminal charges, with prosecutors saying she lied when she reported falling at a Walmart store. State Attorney General Jim Hood said Friday that Dianne Bullock of Jackson is charged with one count …

U.S. Building Owners Reviewing Structural Materials After London Tower Blaze

U.S. building owners should review what materials their structures are built with following a deadly fire in London that showed how flames can quickly cover a high-rise, devouring it from the outside, fire experts said Friday. An Associated Press review …

MetLife’s ‘Too Big to Fail’ Lawsuit on Agenda for U.S. Regulators

Heads of the U.S. financial regulatory agencies will meet behind closed doors this Friday to discuss MetLife Inc.’s lawsuit against them, according to a notice from Treasury, as the Trump administration wrestles with reforms put in place in response to …

Ryan Specialty Group to Acquire N-Surance Outlets of Georgia

Ryan Specialty Group, LLC, announced it has reached a definitive agreement to acquire N-Surance Outlets (NSO), a wholesale insurance brokerage and binding authority operation headquartered in Roswell, Ga. NSO will become part of R-T Specialty, LLC (RT Specialty), the wholesale …

FDA Chief Gottlieb Eyes Overhaul of Opioid Regulation

The Food and Drug Administration, as part of a sweeping overhaul in how it regulates opioid painkillers, plans to look to some unusual allies to limit the flood of the addictive pills — health insurers and companies that manage prescription …

XS Brokers Expands Into Southeast; Hires Ault to Lead New Florida Office

XS Brokers, an independent insurance brokerage in New England, has expanded the company into the Southeast, opening a new office in Orlando and hiring Lori Ault as executive vice president and territorial manager. The firm now has five offices, including …

Answer Financial Expands Insurance Comparison Site Into Homeowners Segment

Answer Financial, a personal lines insurance agency in the U.S., has expanded its insurance comparison platform to include homeowners and condo insurance. The expansion enables shoppers to compare rates and customize coverages from multiple homeowner insurers online. Answer represents several …