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

UK Financial Sector Wants Deeper EU Access After Brexit Than Non-EU Countries

Britain’s financial sector needs stability to secure its future, along with deeper access to the European Union market after Brexit than what non-EU countries normally get, a senior industry official said on Wednesday. Britain is due to leave the bloc …

Global Atlantic Financial Invests in Iowa-based Insurtech Accelerator

Des Moines, Iowa-based The Global Insurance Accelerator announced a recent investment by Global Atlantic Financial Group Ltd. GIA is a business accelerator focused solely on innovation and technology for the insurance industry. Global Atlantic’s investment will help fund the GIA’s …

FEMA Renews $1.3 Billion Reinsurance Program with 28 Carriers

The Federal Emergency Management Agency (FEMA) has renewed for the third year a reinsurance program that transfers future catastrophic flood insurance losses to the private sector The 2019 traditional reinsurance placement for the National Flood Insurance Program (NFIP) transferred $1.32 …

Great American in Ohio Names Ringenwald Divisional Vice President

Cincinnati, Ohio-based Great American Insurance Group has named Rick Ringenwald divisional vice president of its environmental division. Ringenwald will serve as a member of the executive underwriting team where he will work with and support the overall strategic business of …

Arch Insurance Names Boquist EVP in Retail Energy in Texas

Arch Insurance North America has named Eric Boquist executive vice president, retail energy. Boquist is based in Houston, Texas and will lead a newly created business unit focused on providing admitted middle market insurance solutions to energy companies in North …

Georgia’s InsuranceHub Taps LeBaigue as VP of Technology

Metro Atlanta-based InsuranceHub’s Lee LeBaigue has transitioned from vice president of Sales to the role of vice president of Technology. LeBaigue originally joined InsuranceHub in 2011 with a background in SEO and business management. He began managing online lead acquisition …

Everest Launches Not-For-Profit Management Liability Policy

Everest Insurance has launched Everest Expedition Not-For-Profit Management Liability policy. The new policy form provides protection for not-for-profit organizations across all industries including charitable foundations, healthcare organizations, and educational institutions. Coverage is offered in a modular form, with eight coverage …

New Georgia Commissioner Beck Implements Insurer Rating, Complaint Systems

Georgia’s new Insurance Commissioner Jim Beck has issued several orders directed at insurers since he took office earlier this month as part of what he says is fulfilling his campaign promise to be a commissioner for consumers. The directives – …

West Virginia City Reports Overdose Deaths Doubled in 2018

Drug overdose deaths doubled in one West Virginia community last year. The Intelligencer and Wheeling News-Register reports figures released Jan. 22 by Wheeling police show officers responded to 13 overdose deaths last year, compared with six in 2017 and three …

Expert: Florida’s Hurricane-Hit Timber Industry Will Need Years to Recover

It could take a decade or more for Florida’s timber industry to recover from Hurricane Michael’s devastation, and the countless downed trees pose an immediate wildfire threat, Florida Forest Service Director Jim Karels told a Senate committee last week. Karels …