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

Introducing the InsurTech Capitals of the World

Not so long ago, Hartford, Conn., was widely known as the insurance capital of the world. Today, interest has shifted to technology-led insurance firms, or InsurTechs, raising the question: Where is the InsurTech capital of the world? With insurance technology …

Lockton Names Cundith Producer in California

Lockton has named Matt Cundith a producer in Lockton’s Los Angeles, Calif. office. He will work with clients throughout California and the U.S. Cundith comes to Lockton from Aon, where he consulted contractors, developers and Fortune 1000 firms on surety …

JLT Re Appoints Hernandez as SVP in Miami

JLT Re (North America) Inc., part of the global provider of reinsurance broking and consultancy, has appointed Ariel Hernandez as senior vice president in Miami. Hernandez will join the treaty team in Miami and lead the analytics efforts for the …

Carbon Dioxide Leak at Tennessee Entertainment Venue Sends 3 Employees to Hospital

Authorities say a carbon dioxide leak at a Tennessee variety show venue led to the hospitalization of three employees and the evacuation of hundreds. Pigeon Forge Fire Department Chief Tony Watson tells news outlets firefighters responded to the Smoky Mountain …

Y-Risk Approved as Lloyd’s Coverholder for Cyber, Technology E&O Product

Y-Risk, LLC, a specialty underwriting management company, has been approved as a Lloyd’s coverholder with authority for cyber and technology E&O insurance on behalf of certain Lloyd’s syndicates. Y-Risk is now offering its new Y-ProTech insurance policy which provides coverage …

Damage Reported After 4.2 Magnitude Earthquakes in Oklahoma

Busted bricks and cracked windows were revealed Monday after some of those most powerful earthquakes in Oklahoma in the past year rattled the northern part of the state. Oklahoma residents have gotten used to feeling rumbles from a spike in …

Kansas Governor Issues Wildfire Disaster Declaration

Forecasters are warning of a high risk of wildfires after one blaze burned 10,000 hay bales in the southwest part of the state. Kansas Gov. Jeff Colyer signed an emergency disaster declaration Sunday when the large bales burned a half …

Bowermaster and Associates in California Names Adam Bowermaster President

Cypress, Calif.-based Bowermaster and Associates Insurance Agency Inc. has named Adam Bowermaster president. Bowermaster has more than 20 years of experience. Mike Bowermaster, the firm’s previous president, will continue to serve as a mentor and advisor to Adam and the …

California OKs New Private Flood Insurance Product

California Insurance Commissioner Dave Jones has approved a new private flood insurance product The residential product, which Jones announced the approval of on Tuesday, is provided by American National Property and Casualty Co. The new entry into the private flood …

Residents in Florida Retirement Community Still Evacuated by 6 Sinkholes

Six apparent sinkholes in Florida have made at least two homes unsafe to occupy. The Ocala Star-Banner reports that the houses in The Villages were evacuated and condemned Feb. 15 after multiple holes emerged between them, cracking the walls of …