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

AssuredPartners Acquires The Elan Group of Florida

AssuredPartners, Inc. has acquired The Elan Group of Tampa, Fla., an employee benefits firm specializing in the design, enrollment and service of employee benefits plans. The company’s staff of 21 will remain under the leadership of CEO Ross Hays and …

K&K Insurance Launches Program for eSports Teams, Events

K&K Insurance Group, Inc., a subsidiary of Aon plc has launched a new insurance program designed for the emerging market of eSports teams and events. Coverage offered includes sanctioned events, office premises, scheduled premises of the eSport team practices, participation …

A.M. Best Downgrades Credit Ratings of Florida-Based MedMal Direct Insurance

A.M. Best has downgraded the Financial Strength Rating to B- (Fair) from B++ (Good) and the Long-Term Issuer Credit Rating to “bb-” from “bbb” of MedMal Direct Insurance Co., headquartered in Jacksonville, Fla. The outlook of these Credit Ratings (ratings) …

ProSight Specialty Kicks Off Direct Sales Platform With Online Offering for DJs

ProSight Specialty Insurance (ProSight) has launched ProSight Direct, an online sales platform that allows potential insureds purchase insurance coverage through a simplified application. Because of ProSight’s experience in the live entertainment segment, it has kicked off the new Direct platform …

Southwest Sends $5K to Each Passenger on Engine Failure Flight

Southwest Airlines Co. confirmed Friday it has sent $5,000 checks to passengers aboard a flight that made an emergency landing this week after an engine failed, killing a passenger. The airline confirmed news reports from passengers it had sent the …

Business Risk Partners Teams With Aspen on Agents Professional Liability Coverage

Program administrator Business Risk Partners (BRP) has released an expanded professional liability form for insurance agents and brokers through Aspen American Insurance Co., part of Aspen Insurance Holdings Limited. The policy targets a range of insurance agents and brokers – …

Woman Injured at Ohio Fair Gets $1.8M from Ride Owner, Inspection Companies

A woman who suffered a traumatic brain injury in a thrill ride accident at last year’s Ohio State Fair will receive $1.8 million. A judge this week approved the settlement that calls for the ride’s owner, Amusements of America, and …

Houston-Area Flood Control District: $155M Needed for Harvey Damage Study, Repairs

The Houston-area flood control district has estimated needing $155 million to study and fix damaged infrastructure after Hurricane Harvey. Workers this week are assessing the storm’s destruction to the Harris County Flood Control District’s 2,500 miles of bayous, creeks and …

Firefighters Hope Better Weather Will Aid Oklahoma Wildfire Fight

Firefighters are hoping higher humidity and milder winds will help them fight wildfires in Oklahoma, though conditions are critical in Arizona and New Mexico. U.S. Forest Service spokesman Todd Schroeder said on April 19 that a fire near Leedey, about …

Florida Lawyer Gets Prison for $23M Auto Insurance Fraud Scheme

A Florida man has been sentenced to more than a year in prison for his role in a $23 million auto insurance fraud involving chiropractors’ clinics. The SunSentinel reports 55-year-old Jason Dalley wept in court April 16 as a judge …