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

Family of Teen Who Died Trapped in Car Sues Cincinnati Over 911 Response

The family of a 16-year-old student who died trapped in a vehicle after a failed response to his two heartrending 911 calls has sued the city of Cincinnati, Ohio. The wrongful death lawsuit filed in Hamilton County charges the city, …

Service American Indemnity Hires Clymer as New Sr. VP, Program Business

Service American Indemnity Co., an Austin, Texas-based national provider of program services, has added Jacob Clymer as senior vice president of Program Business, responsible for leading the growth of the company’s emerging program business. He will also serve as a …

Risk Strategies Appoints Black to Lead National Professional Liability Practice

Risk Strategies, a privately held, national insurance brokerage and risk management firm, named Darren Black to oversee its national professional liability practice group. He is based in Kansas City, Missouri. Black joins Risk Strategies after having led the professional services …

Insurance Broker, Assurance, Relocates Illinois Headquarters

Citing a 15-year organic growth trajectory and commitment to an engaging and collaborative employee culture, the national insurance brokerage, Assurance, announced it has moved its headquarters down the street to a new 75,000 square foot space at 20 North Martingale …

Texas Still Tops for Hail Claims

Texas ranked as the state with most annual hail claims — by a wide margin — over the past three years according, to the National Insurance Crime Bureau (NICB). In a media announcement, the NICB said a review of claims …

ATTOM Data Solutions in California Puts Notaras of XL Innovate on Board

Irvine, Calif.-based ATTOM Data Solutions has named Martha Notaras to its board of directors. Notaras is a partner at venture capital fund, XL Innovate, investing in insurtech and fintech. She serves on the boards of four of XL Innovate’s portfolio …

Alaska Credit Union Ending Marijuana Business Pilot Program

An Alaska credit union plans to discontinue a pilot program to provide checking and savings accounts to marijuana-related businesses, an official said. Credit Union 1 will end the program Aug. 30 because critical insurance coverage will no longer be available, …

AIG Names Munich Re’s Olsen as General Insurance Unit’s Chief Actuary

American International Group announced that Richard Olsen will join the company as chief actuary, General Insurance, effective immediately. Olsen will lead the General Insurance global actuarial organization, with responsibility for aligning property/casualty pricing, portfolio and reserving practices with the objective …

TDI to Agents, TPAs: Strict Liability Applies to Sales of Unauthorized Insurance

The Texas Department of Insurance is reminding all insurance agents and third party administrators (TPAs) that their licenses may be at risk and that they may be held responsible for assisting a company that is engaging in the unauthorized business …

Feds Want $17M-Plus to Resolve Dallas Medical Center Kickback Scheme

Federal prosecutors are seeking more than $17 million in restitution from seven doctors and administrators who received kickbacks for steering “lucrative patients” to a Dallas medical center. Federal officials said in a statement that the seven played a role in …