Monthly Archives: <span>January 2020</span>

CoreLogic Completes Acquisition of Massachusetts’ Location Inc.

CoreLogic, a global property information, analytics and data-enabled services provider, has completed the company’s acquisition of Location Inc., a Worcester, Mass.-based leader in geographic data sciences and predictive, location-based analytics for businesses across the U.S. and Canada. Location Inc.’s proprietary …

U.K. Financial Services Firms Prepare for Worst in Brexit Trade Talks

Britain’s finance sector is losing hope of securing even basic access to European Union markets from Dec. 31, as talk that the EU wants UK fishing rights in exchange draws the industry into a political struggle between the bloc and …

AM Best Revises Outlooks to Positive for Kemper Group

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” of the Chicago-based Kemper Property & Casualty Group. AM Best …

AssuredPartners Acquires Lundstrom Insurance Agency in Illinois

AssuredPartners Inc. has acquired Lundstrom Insurance Agency Inc. located in Elgin, Illinois. Led by Brett Lundstrom, the agency currently reports $7.3 million in annualized revenues. Founded in 1953 by E. John Lundstrom, the agency is third-generation family owned and operated. …

Cross Named Acting Deputy Commissioner, Supervision at Iowa Insurance Division

Kim Cross has been promoted to acting deputy commissioner for Supervision at the Iowa Insurance Division, as Jim Armstrong, longtime deputy commissioner for Supervision, has retired after more than 35 years at the division. Cross joined the Iowa Insurance Division …

Internet Firms’ Liability Shield on Justice Department Meeting Agenda

The U.S. Justice Department is planning to hold a conference to discuss the future of a federal law which largely exempts online platforms from legal liability for the material their users post, sources familiar with the plans said on Friday. …

Alliant Names Bubes to West Coast Benefits Team

Alliant Insurance Services Inc. has named Steven Bubes vice president on its West Coast employee benefits team. Bubes is based in Orange County, Calif. Bubes was previously senior vice president with SullivanCurtisMonroe Insurance Services LLC. He also has experience in …

Worldwide Facilities Names Carrillo Assistant Vice President in California

Worldwide Facilities has named Juliet Carrillo assistant vice president and broker in the Los Angeles, Calif., property department. Carrillo has worked as both an underwriter and surplus lines broker in her 30-year insurance career, including 20 years working for surplus …

Florida Lawmakers Weigh Proposals to Fight Algae Blooms

The scum of blue-green algae was so thick and invasive in Florida two years ago that it suffocated fish by the thousands. Birds dropped dead. And people stayed out of the water. Offshore, a toxic swarm of rust-colored flecks known …

South Carolina Homeowner Claims in Suit Airbnb Guest Threw Party, Trashed Home

The owner of an island home off South Carolina’s coast is suing Airbnb, claiming it only reimbursed him for a “fraction” of the damages that a guest who threw a big party did to his home. In a federal lawsuit …