Monthly Archives: <span>January 2019</span>

Hartford Archdiocese Has Paid $50M to Settle Abuse Claims

The Roman Catholic Archdiocese of Hartford says it has paid $50.6 million to settle priest sexual abuse claims over the last several decades. The archdiocese said Tuesday that it has settled 142 claims involving 32 clergy members. The archdiocese paid …

Ryan Specialty Group Reaches Agreement to Acquire Boston Insurance Specialists

Ryan Specialty Group LLC has reached a definitive agreement to acquire the assets and operations of Boston Insurance Specialists Inc. (BIS), an independently owned wholesale insurance brokerage with offices in Mansfield and Westfield, Mass. Terms of the transaction were not …

Jones Named Anti-Fraud Director at Kansas Insurance Department

Insurance Commissioner Vicki Schmidt has appointed Dennis Jones as director of Anti-Fraud at the Kansas Insurance Department (KID). Jones brings over 30 years of legal experience having previously served as a city attorney, county attorney, special prosecutor and most recently …

Ohio Insurtech Root Plans to Expand Further, Grow Workforce

Columbus, Ohio-based Root Insurance, says it plans to expand into additional states in 2019 and increase its workforce by 150 percent. The insurtech in 2018 added 12 states — Louisiana, Montana, New Mexico, Arkansas, Delaware, Missouri, Iowa, North Dakota, Maryland, …

UFG Insurance Names Ruehle Chief Claims Officer

Cedar Rapids, Iowa-based UFG Insurance has appointed Corey Ruehle as chief claims officer, effective Feb.1. Ruehle will succeed current Chief Claims Officer Dave Conner, as he retires after a successful 20-year career with the company. Based in Cedar Rapids, Ruehle …

Cavignac & Associates Promotes Hamilton to Surety Department Manager

Jase Hamilton has been promoted to Surety Department manager at Cavignac & Associates, a San Diego-based risk management and insurance brokerage firm specializing in the design and construction industry. Hamilton joined Cavignac & Associates in 2013 as surety account manager. …

Texas State Senator Files Harvey-Inspired Disaster Relief Bills

Texas state Sen. Kelly Hancock (R-North Richland Hills) has filed a legislative package addressing two significant concerns raised in the wake of Hurricane Harvey. Senate Bill 442 would require all homeowner’s insurance policies that do not provide flood coverage to …

Everest Insurance Adds Coverages to Life Sciences Product Offering

Everest Insurance has expanded its life sciences product offering to include property, commercial auto, and workers’ compensation products for the life sciences segment. These products join the unit’s established primary product liability offering, as well as a suite of available …

Texas Senator Proposes Statewide Flood Control Plan

Before the next Hurricane Harvey strikes, and thousands of homes are damaged or destroyed, some Texas lawmakers want to make sure communities statewide are better prepared for future floods. On Jan. 22, state Sen. Charles Perry, R-Lubbock, filed legislation to …

Martinez Joins Worldwide Facilities Marine as Broker in Los Angeles

Worldwide Facilities Marine, a division of Worldwide Facilities, national wholesale insurance broker, managing general agent and program underwriter, has added Kelly Martinez to the Los Angeles team as a broker. Martinez brings more than 30 years of marine underwriting and …