Monthly Archives: <span>January 2018</span>

InsuranceHub Acquires Insley Insurance of Georgia

InsuranceHub, a technology-driven insurance agency with more than 15,000 clients nationwide, has acquired Insley Insurance of Dacula, Ga. The acquisition became official in January 2018. Insley Insurance was founded by Kristina Insley and Yvonne Sliger in 2014 and works with …

PCI Responds to California Commissioner’s Statements on Federal Tax Reform

The Property Casualty Insurers Association of America is taking issue with a statement from California Insurance Commissioner Dave Jones calling for rate reviews following the federal tax legislation passed by Congress. Jones said Monday he wants insurers in his state …

Losses From Southern California Fire Could Reach $2.5B, Expert Says

Losses from the Thomas Fire in Southern California are expected to fall between $1 billion and $2.5 billion, a catastrophe modeling firm said on Tuesday. The Thomas Fire, which raged across Southern California’s Ventura and Santa Barbara counties throughout most …

Security Firm to Pay $90K to Settle Religious Discrimination Suit in California

Universal Protection Services, LP, dba Universal Protection Services, a nationwide private security services company, will pay $90,000 and furnish other relief to settle a religious discrimination lawsuit filed in California by the U.S. Equal Employment Opportunity Commission, the agency announced …

$19 Billion in Potential Losses from Cloud Services Failure Mostly Uninsured: Lloyd’s, AIR

A cyber problem that temporary shuts down a top U.S. cloud computing provider could trigger as much as $19 billion in business losses, only a fraction of which would be insured, Lloyd’s of London said in a report on Tuesday. …

FIT Insurance in Washington Names Morales Personal Account Manager

Bellevue, Wash.-based FIT Insurance has named Cynthia Morales a personal account manager. Morales has more than five years of experience in the private client insurance industry. She comes to FIT from Pacific Northwest Insurance. FIT Insurance is a boutique insurance …

EPIC Adds Westphal in California Healthcare Practice

EPIC Insurance Brokers and Consultants has added Philip Westphal to its commercial property/casualty team in Sacramento, Calif., as a risk advisor/broker in the healthcare practice. Westphal will report to Tom McCready, managing principal and healthcare practice co-leader. He will be …

Registration for California Seismic Retrofit Grants Opens

Registration opens today for eligible homeowners to receive grants of up to $3,000 for seismic retrofits of their older homes. Homeowners have until Feb. 23 to apply for a grant from California’s Earthquake Brace + Bolt program. EBB is expanding …

Kentucky Accuses Drug Distributor of Helping Fuel Opioid Epidemic

Kentucky’s attorney general on Monday accused drug distributor McKesson Corp of helping fuel the opioid epidemic by failing to halt shipments of suspiciously large or frequent orders by pharmacies of prescription painkillers. The complaint by Kentucky Attorney General Andy Beshear …

Tree Company Sued, Blamed for 2011 Texas Wildfire that Killed 2

Texas is suing a vegetation management company that it alleges caused the 2011 Bastrop County Complex Fire, the most destructive wildfire in Texas history. The lawsuit filed on Jan. 19 by Texas Attorney General Ken Paxton alleges the Asplundh Tree …