January 4, 2018
Specialist lines underwriting agency CFC Underwriting has added to its life sciences suite of products with a new insurance product designed specifically for nutraceutical businesses in the U.S. Coverages include products liability, commercial general liability and cyber. Broad product recall …
January 4, 2018
A recent case out of the Florida Supreme Court will likely have a big impact on the duty of insurers to defend Florida construction cases. The case, Altman Contractors, Inc. v. Crum & Forster Specialty Insurance Company arises out of …
January 4, 2018
AmWINS Group, Inc., a global distributor of specialty insurance products and services, has reached a definitive agreement to acquire Seacoast Brokers, LLC, a South Carolina-based personal lines specialty MGA that designs, distributes and services surplus lines homeowners’ business throughout the …
January 3, 2018
The worst storm of the winter season has knocked out power to thousands and canceled almost 3,000 flights. Next it threatens to bring more snow, ice and cold from Florida to Nova Scotia, including New York and Boston. Winter storm …
January 3, 2018
Security researchers on Wednesday disclosed a set of security flaws that they said could let hackers steal sensitive information from nearly every modern computing device containing chips from Intel Corp, Advanced Micro Devices Inc and ARM Holdings. One of the …
January 3, 2018
Junction West Insurance Solutions in Roseville, Calif., has joined Strategic Independent Insurance Agency Solutions. SIIAS is regional network of independent agencies spanning 28 counties in Northern California. Rick Hoem, owner of Junction West, has been in the insurance industry for …
January 3, 2018
Walnut Creek, Calif.-based Ascension Insurance has changed its name to Relation Insurance Services. The firm in a news release announcing the change said the new name reflects its commitment to helping mid-market companies navigate the world of insurance “by building …
January 3, 2018
Ohio Department of Insurance Director Jillian Froment has been selected by state insurance regulators to serve as chair of the Interstate Insurance Product Regulation Commission, also referred to as the Insurance Compact. The Insurance Compact is focused on consumer protection …
January 3, 2018
Twenty or so years ago, a London market marine underwriter declared he was going golfing one afternoon because he had reached his annual capacity level. That was an underwriting model commonly used in the Lloyd’s and London markets. Underwriters sat …
January 3, 2018
State statistics on traffic-related deaths suggest Iowa roads were safer last year than in 2016. Iowa Department of Transportation figures show that 329 people died in traffic-related incidents in 2017, as of Dec. 29. The 2016 figure: 398. The drop …