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

Missouri’s POWERS Insurance and Risk Management Hires Hentschke, Wittenberg

POWERS Insurance and Risk Management, a St. Louis, Missouri-based family owned and operated independent insurance agency, has added Samantha Hentschke as personal lines account manager and Luke Wittenberg as commercial lines insurance advisor. Hentschke will pursue new business opportunities, as …

State Farm’s Ohio Auto Insurance Customers to See Rate Cuts

State Farm Mutual Automobile Insurance Co. announced it is cutting its rates in Ohio for the second year in a row. The overall personal auto rate in the state is dropping by 3.7 percent, effective Feb. 18. The total state-wide …

FTC Privacy Settlement Over Cambridge Analytica Could Cost Facebook Billions

Facebook Inc. is in talks with U.S. regulators over alleged privacy violations that could force the social-media giant to pay billions of dollars in a record-breaking settlement, according to two people familiar with the matter. The U.S. Federal Trade Commission’s …

Suit Questions Maiden Holdings’ Handling of AmTrust Portfolio Risks

Maiden Holdings Ltd. is named in a class action investor lawsuit alleging that it failed to adequately address and reveal portfolio risks involving AmTrust Financial Services, its largest customer. The complaint alleges that Maiden didn’t disclose material information, and the …

Lincoln-Leavitt Insurance Adds Gordon and Davis in California

Lakeport, Calif.-based Lincoln-Leavitt Insurance has added Tina Gordon and Maria Davis. Gordon will focus on commercial insurance for the construction, manufacturing, retail and wholesale industries. Davis is an account manager and will service client accounts. Prior to joining the agency, …

Travelers Expands Wedding Protector Plan to Include Jewelry Insurance

The Travelers Companies, Inc. has expanded its Wedding Protector Plan insurance offering to include separate fine jewelry insurance policies with coverage limits of up to $100,000. Typical homeowners insurance policies often have limits for jewelry of up to about $1,500. …

North Carolina Insurers Request 19% Rate Increase for Mobile Home Policies

The North Carolina Rate Bureau has filed a request to increase homeowners’ insurance rates for mobile home policies of at least 19 percent, according to the North Carolina Department of Insurance (NCDOI). The NCRB, which represents insurance companies and is …

South Carolina Officials, MADD Push Stricter DUI Legislation

South Carolina officials have joined members of Mothers Against Drunk Driving in support of stricter DUI legislation. Gov. Henry McMaster, law enforcement and some members of the General Assembly joined that group Feb. 12 on the Statehouse grounds in support …

J.M. Wilson Adds Jefferson as Transportation Underwriter in South Carolina

J.M. Wilson has added Jasmine Jefferson as Transportation underwriter in their North Charleston, S.C., office. Jefferson is responsible for underwriting new and renewal commercial transportation business, corresponding with carrier underwriters, and assisting independent agents in Georgia, North Carolina, South Carolina …

Thousands of Lawsuits Demanding PG&E Pay for Damages from Wildfires

Some 1,000 lawsuits have been filed since late 2017 demanding Pacific Gas & Electric Corporation pay for damages caused by wildfires. The lawsuits represent thousands of people, companies, cities and counties affected by fires. They range from a rancher’s $3,000 …