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

My New Markets

Diplomatic Entities Market Detail: NSM Insurance Group’s (www.nsminc.com) Global Coverage Program offers insurance coverage for foreign reverse flow businesses and diplomatic entities operating in the United States. The program insures many types of diplomatic entities including embassies and permanent missions …

Business Moves

National NSM, Embrace Pet Insurance Program specialist NSM Insurance Group has acquired Embrace Pet Insurance, a Cleveland-based national provider of pet health insurance for dogs and cats. Embrace offers an accident and illness insurance plan that is underwritten by American …

People

National American International Group has named Carla Ferrara as head of communications for AIG’s Investments organization. Ferrara will be based in New York and report to Elaine Rocha, chief operating officer of AIG Investments. Ferrara brings 25 years of experience …

P/C Direct Premium Written Up 4% in 2018

Direct premium written (DPW) for property/casualty insurance companies continues to increase, albeit gradually. At year-end 2018, nearly $670 billion of DPW was reported, a record high for the industry. For 2018, total DPW for all P/C insurers aggregately increased approximately …

Commercial Auto Forecast Improves, But Not Much: A.M. Best

A.M. Best maintains its negative outlook for the U.S. commercial auto insurance market even though its analysts believe it should improve somewhat in 2019. That forecast stems from commercial auto insurers having taken steps to address their most problematic exposures, …

AAIS Expands Cannabis Businessowners Insurance Policy to Colorado

The American Association of Insurance Services has expanded its Cannabis Businessowners Policy (CannaBOP) program with a new filing in Colorado. CannaBOP debuted in California last year and now AAIS is bringing the program to other jurisdictions that have legalized recreational …

Oregon Confirms Data of 1.6M Residents Exposed in Breach

The Oregon Department of Human Services says that a data breach may have exposed the personal information of the 1.6 million residents the department serves. The department said last month it isn’t sure exactly how many people had their information …

Cal/OSHA Cites Contractor After Workers Hospitalized for Valley Fever

Cal/OSHA has issued serious health and safety citations to Underground Construction Co. Inc. of Benicia, Calif., after two of its employees contracted Valley Fever. The workers were reportedly exposed to the fungal disease while using hand tools to dig trenches …

FEMA Accused of Wrongly Releasing Data of California Wildfire Victims

The Federal Emergency Management Agency wrongly released to a contractor the personal information of 2.3 million survivors of devastating 2017 hurricanes and wildfires, potentially exposing the victims to identity fraud and theft, a government watchdog reported. The Homeland Security Department’s …

Americans Still Don’t Trust Autonomous Vehicles, Reuters Poll Shows

Half of U.S. adults think automated vehicles are more dangerous than traditional vehicles operated by people, while nearly two-thirds said they would not buy a fully autonomous vehicle, according to a new Reuters/Ipsos opinion poll. In the same poll, about …