The Condo Coverage Puzzle
Have you ever watched someone try to finish a jigsaw puzzle with pieces missing? There are still a few hundred pieces to place, but there is one open space in the middle of a grove of trees that beckons to …
Declarations
Campus Guns “College campuses as gun-free zones present an environment where murderers, rapists and other criminals may commit crimes without fear of being harmed by their victims.” — An NRA lobbyist who supported a new Tennessee law to allow state …
One Year Ago: Reflections on the 2017 Hurricane Season
It’s hard to believe but August brings us to the one-year anniversary of the watery nightmare that was Hurricane Harvey and the beginning of the remarkable 2017 hurricane season that also featured Hurricane Irma (marking the first ever U.S. landfall …
Congratulations Top Agencies
This year marks the 14th annual publication of Insurance Journal’s Top 100 Agencies special report. This year’s Top 100 welcomes 12 newcomers and returning agencies: EPIC Insurance Brokers & Consultants; UniVista Insurance; Towne Insurance; Alera Group; TRICOR Inc.; Atlas Insurance …
People
Reliance Partners has added John Seidl as VP of Risk Services in its Chattanooga, Tenn., office. Seidl is a former Wisconsin State Motor Carrier Trooper and FMCSA Investigator with more than 20 years of experience in risk services. He has …
Arch Capital to Open Headquarters in North Carolina
Arch Capital Group Ltd. (ACGL), a globally diversified financial services group providing insurance, reinsurance and mortgage insurance, will open an operational hub in Raleigh, N.C., and create 365 new jobs over four years, according to a statement from North Carolina …
Tennessee Appeals Federal Ruling Over Revoking Driver’s Licenses
Tennessee is appealing a landmark federal court ruling issued last month that says it’s unconstitutional for the state to revoke or suspend driver’s licenses over unpaid court costs. David Purkey, commissioner of the state Department of Safety and Homeland Security, …
Mississippi Insurance Producer Surrenders License After Cease & Desist Order
A Mississippi insurance producer has surrendered his licensed after being served a cease and desist order by the Mississippi Insurance Department. According to a statement from MID, James Michael Brand surrendered his insurance producer’s license on June 22. The license …
Security First Enters Florida’s Growing Private Flood Market
A new carrier has entered the Florida flood insurance market with a policy it says will provide better coverage than what is available from the National Flood Insurance Program. Ormond Beach, Fla.-based Security First Insurance Co. has launched an optional …
Frontline Insurance Secures First Cat Bond of $350M for Southeast Storms
Swiss Re Capital Markets has structured and placed the issuance of $350 million of insurance-linked securities by Frontline Re Ltd. on behalf of Frontline Insurance. The transaction is Frontline’s debut catastrophe bond and covers named storms in Alabama, Florida, North …
