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

GEICO Names McKenzie VP of Southeast Regional Operations

The GEICO board of directors has named Gary McKenzie regional vice president of the company’s Macon, Ga., Southeast operations, which manages policies for customers in seven states. He previously served as assistant vice president of underwriting at GEICO’s Fredericksburg, Va., …

National Hurricane Center Updates Hurricane Irma Death Toll

The death toll from Hurricane Irma’s catastrophic rampage across the Caribbean and the southeastern U.S. has risen to 44 fatalities directly caused by its strong winds and heavy rains, plus 85 fatalities indirectly linked to the storm, according to a …

Personal Info of 3K South Carolina Scholarship Recipients Posted Online

A state agency is telling 3,000 college scholarship recipients in South Carolina that their personal information was posted online for 10 months. The Commission on Higher Education sent a letter to students who earned Palmetto Fellows scholarships, saying their names, …

New York Life Sues North Carolina Woman For Insurance Fraud

An insurance company is suing a North Carolina woman, saying it has paid nearly $390,000 for a chronic disease, only to learn she has been traveling freely. The Charlotte Observer reported Cynthia McCullough told her insurance company a rare and …

Smooth Waters Forms Agreement with National Cargo Bureau

Smooth Waters, LLC, a subsidiary of RSG Underwriting Managers, LLC (RSGUM), has entered into an engineering service agreement with the National Cargo Bureau, Inc. (NCB) to offer marine loss prevention and claims services for clients of the RSGUM marine practice …

U.S. Population Trends: Elders to Outnumber Youth; More Ethnic, Racial Diversity

There will soon, within a few decades, be an important demographic turning point in U.S. history. By 2035, there will be 78.0 million people 65 years and older compared to 76.4 million under the age of 18, according to the …

Large Commercial Insurance Brokers Investing in AI, Analytics: Novarica

Large commercial brokers transacting business with multiple carriers and distributors are seeking to differentiate themselves in a competitive marketplace through improved technology such as artificial intelligenceI, analytics and workflow tools. In a new report, Business and Technology Trends: Large Commercial …

Miley Cyrus Faces $300M Copyright Infringement Claim for ‘We Can’t Stop’ Song

Miley Cyrus was sued for $300 million on Tuesday by a Jamaican songwriter who said the pop singer’s 2013 smash “We Can’t Stop” closely resembles a song he recorded 25 years earlier, and that she is infringing his copyright. Michael …

Physician Running for California Commissioner Wants Universal Healthcare

It’s probably no surprise to hear that Dr. Asif Mahmood, a practicing physician who’s running for the office of insurance commissioner of California, has made healthcare his top campaign platform. Mahmood, who was raised in the outskirts of Kharian, a …

Specialty Program Group Launches Flagship Marine Underwriters

Specialty Program Group LLC (SPG), an insurance holding company for specialty underwriting facilities, has launched Flagship Marine Underwriters, a new yacht and charter recreational marine underwriting facility. Based in Fort Lauderdale, Fla., Flagship specializes in global underwriting facilities for yacht, …