January 29, 2020
R&Q is pleased to announce it has acquired the Montana captive insurer, Vigneron Insurance Company Inc. from a wholly owned private investment holding company. Terms of the deal were not disclosed. VICI underwrote deductible reimbursement policies to cover the obligations …
January 29, 2020
Representative Jan Schakowsky has asked her staff to examine changes to a liability shield that protects tech platforms such as Facebook Inc. from lawsuits because of her concerns about how fake information could be used in the 2020 presidential election. …
January 29, 2020
Sacramento, Calif.-based Bender Insurance Solutions has promoted Jeffrey Wood to vice president of personal lines. Wood will continue to expand the sales and service offerings of the personal lines department, and provide expert personal insurance advice and advocacy to the …
January 29, 2020
Specialist insurer Beazley has appointed Justin Sanches as an underwriter within the U.S. healthcare liability team. Sanches joins Beazley’s Los Angeles, Calif., office to underwrite a range of global miscellaneous medical and life sciences risks for middle market and large …
January 29, 2020
A former Tennessee insurance agent facing more than 70 counts of insurance fraud has reached a settlement with the Tennessee Department of Commerce & Insurance (TDCI) barring her from practicing insurance activities in the state and requiring payment of civil …
January 29, 2020
Arthur J. Gallagher & Co. has aquired Wilmington, N.C.-based Hanover Excess & Surplus, Inc. Terms of the transaction were not disclosed. Established in 1970, Hanover Excess & Surplus is a regional managing general agency offering hard-to-place coastal commercial and personal …
January 29, 2020
Everest Insurance has joined with digital broker Embroker to provide an online lawyers’ professional liability program for law firms with up to 10 employed attorneys. Through Embroker’s digitized platform, Everest’s Lawyers’ Professional Liability policy offers several coverage enhancements. The coverage …
January 28, 2020
Google’s chief executive officer has left no doubt about how important he thinks artificial intelligence will be to humanity. “AI is one of the most profound things we’re working on as humanity. It’s more profound than fire or electricity,” Alphabet …
January 28, 2020
The American Property Casualty Insurance Association testified today in opposition to draft regulations they say could eliminate many affinity group insurance discount programs during a pre-notice workshop held by the California Department of Insurance in Los Angeles. The workshop was …
January 28, 2020
A pair of California men have been charged with multiple felonies in a reported $20 million kickback scheme involving worker’s compensation. Bradley Dean Groscost, 59, of Westminster, and Felix Koltsov, 57, of Beverly Hills, self-surrendered last week to the Orange …