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

Reliance Partners Taps Johnson to Lead New Florida Office

Reliance Partners has expanded with the addition of a new office in Vero Beach, Fla. The expansion marks the fifth office location for Reliance with additional expansion plans underway. Doug Johnson will lead the new South Florida office. Johnson is …

S.S. Nesbitt & Co. in Alabama Hires Leeth, Rogers

S.S. Nesbitt & Co. Inc., a Southeastern insurance agency and division of EBSCO Industries Inc. (EBSCO), has added attorney Tracy Leeth as a senior benefits compliance consultant and Tim Rogers as safety manager and loss control specialist. Leeth joins SSN …

Alex Rinehart Named Director of P&C Operations of Breckenridge Insurance Services

Atlanta, GA, April 27, 2018 — Breckenridge Insurance Services announced the promotion of Alex Rinehart to the director of property and casualty operations. As a senior vice president and broker—and former head of business processes—Rinehart now assumes greater responsibilities for …

Texas-Based Goosehead Insurance Going Public With IPO

A North Texas-based insurance agency that operates nationally via a franchise model will begin trading on the Nasdaq exchange when its expected initial public offering (IPO) goes through on April 27. Goosehead Insurance, headquartered in Westlake, Texas, will trade under …

Experts Warn on Malicious Use of Artificial Intelligence

The world must prepare for potential malicious use of artificial intelligence (AI) by rogue states, criminals and terrorists, according to a report by a group of 26 security experts. Forecasting rapid growth in cybercrime and the misuse of drones during …

Swiss Re to Create Standalone E&S Unit for U.S.

Swiss Re Corporate Solutions has announced the creation of a standalone excess and surplus (E&S) business unit in North America. This unit will include Swiss Re’s traditional E&S property and E&S casualty groups, which will be fortified with the addition …

AXA Prices IPO of U.S. Division to Help with XL Takeover

French insurer AXA on Thursday priced the forthcoming initial public offering (IPO) of its U.S. division at $24-27 per share, in a deal that could value the part of the business being listed on the market at $3.5 billion. AXA …

U.S. Insurers Not Doing Enough on Sustainability, New Report Shows

A new report from a sustainability advocate gives two green thumbs down to the U.S. insurance industry for its inability to grow its efforts, or its interest, in dealing with climate change compared with other sectors. The report, TURNING POINT: …

Porter Named Chief HR Officer at Ohio’s Grange Insurance

Damon Porter has been appointed vice president, chief human resources officer at Grange Insurance, headquartered in Columbus, Ohio. Porter was previously vice president, talent management and human resources business partners at Erie Insurance in Pennsylvania. In that role, he led …

Wisconsin Court: PR Firm Not Entitled to Free Accident Data

A Wisconsin state appeals court says a public relations firm doesn’t have the right to free access to the state Department of Transportation’s accident database. The DOT releases accident reports through its website for $6 per report, through written requests …