September 20, 2017
A small earthquake with an epicenter just outside Los Angeles had people in Southern California talking on social media. The U.S. Geological Survey confirmed a magnitude-3.6 quake hit at about 11:20 Monday night. Its epicenter was about 3.6 miles northwest …
September 20, 2017
Many insurers and reinsurers in the Caribbean and in Puerto Rico will be tested as they brace for Hurricane Maria, the second hurricane to hit the region in two weeks, according to ratings agency A.M. Best. Hurricane Maria could be …
September 20, 2017
Insurance Journal’s Academy of Insurance announced an exclusive online discussion called “After the Storm: Preventing Agent E&O Claims in a Disaster” to be held on Thursday, Sept. 21, 2017 at 1:30 p.m. Eastern. Insurance Journal’s Academy Director Patrick Wraight will …
September 20, 2017
New York state officials have deployed members of the National Guard and specialized emergency response units to Long Island to prepare for potentially severe weather caused by Hurricane Jose. Gov. Andrew Cuomo says 100 members of the National Guard, 13 …
September 20, 2017
Prosecutors say a former Kansas banker has been sentenced to prison eight months in prison for a wire fraud scheme that included the theft of funds from Labette Bank and its insurance company subsidiary, as well as filing false tax …
September 20, 2017
MarketScout, the Dallas, Texas based insurance exchange and specialty MGA, has expanded its Professional Liability Division with the addition of Michele Vincent as vice president, healthcare practice leader. Vincent joins the professional liability practice with more than 20 years of …
September 20, 2017
A former postal worker who had claimed a wrist injury prevented him from working posted photos of himself zip-lining and rappelling, state authorities said Monday as they announced insurance fraud and theft charges. Robert McGeehan, of Lower Township, N.J., is …
September 20, 2017
Arkansas Insurance Commissioner Allen Kerr has approved two new companies to begin conducting insurance business in his state. Kerr granted a Certificate of Authority to Security First Insurance Co. (SFIC) of Ormond Beach, Fla., to sell property/casualty products in Arkansas …
September 20, 2017
Arch Capital Group Ltd. announced that Nicolas Papadopoulo will become chairman and CEO of Arch Worldwide Insurance Group and chief underwriting pfficer for Property & Casualty operations. Papadopoulo, who joined Arch in 2001 and currently serves as chairman and CEO …
September 20, 2017
The Independent Insurance Agents & Brokers of New York (IIABNY) has announced that Lisa K. Lounsbury has been appointed as the organization’s permanent president and chief executive officer. She has been acting on an interim basis in that role since …