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

New Policy Contracts Now in Effect at Texas Windstorm Insurer

Texas’ insurer of last resort for wind and hail along the coast says new terms and conditions for policies with an effective date on or after January 1, 2020, are now in place. The updated coverages, terms, and conditions apply …

Appeals Court Rules Workers Can’t Sue Alabama Over Blocked Minimum Wage Boost

Fast food workers can’t sue the Alabama attorney general over a 2016 state law that blocked a minimum wage increase in the state’s largest city, a federal appeals court ruled last month. The 11th U.S. Circuit Court of Appeals sided …

Generali Completes Acquisition of Portugal Insurer Seguradoras Unidas from Apollo

Generali finalized the acquisition in Portugal of the insurer Seguradoras Unidas and the health services company AdvanceCare from Apollo Global Management Inc. for €600 million (US$670.1 million) Generali paid €510 million (US$570 million) for Seguradoras Unidas and €90 million (US$100.5 …

Missouri City Sues Dairy, Alleging River Contamination

A southern Missouri city alleges in a lawsuit that a Dairy Farmers of America plant is regularly releasing untreated wastewater into a river. Cabool is seeking $1.2 million in reimbursement, claiming in the suit that it has to spend more …

Hub International Acquires Assets of Illinois’ Briargate Insurance

Hub International Limited (Hub), based in Chicago, has acquired the assets of Briargate Insurance Services Inc. (Briargate Insurance). Based in Chicago Heights, Illinois, Briargate Insurance is an independent agency providing employee benefits, personal and commercial insurance, including life insurance, home, …

Texas Governor Warns of 10K per Minute Attempted Cyber Attacks from Iran

Gov. Greg Abbott is warning Texans to be “particularly vigilant” regarding potential cyber terrorism from Iran, suggesting that heightened tensions with the country have caused an increase in attempted attacks on state agencies. “This is something that everybody in the …

$190K Fine Proposed After North Dakota Grain Bin Death

The Occupational Safety and Health Administration has cited Columbia Grain International for exposing workers to grain-handling hazards after a worker was buried by corn and died in a North Dakota grain bin last summer. The agency is proposing $190,000 in …

Illinois’ Pinnacle Actuarial Resources Names Mosler Principal, Consulting Actuary

Pinnacle Actuarial Resources Inc. (Pinnacle) in Bloomington, Illinois, has named Tim Mosler a principal and consulting actuary. Mosler joined Pinnacle in 2014 and has been in the property/casualty insurance industry since 1996. He has been a consultant since 2001, specializing …

SLTX’s Mitchell Joins IIAT as Director

The Independent Insurance Agents of Texas (IIAT) has hired Tara Mitchell as a director. Mitchell will lead IIAT’s technology initiatives to innovate and streamline business practices and bring greater value to IIAT members and the independent agent community. IIAT is …

Ex-Lexington Insurance Exec Heads New National Specialty Broker One80

One80 Intermediaries, a national wholesale insurance broker and program manager headquartered in Boston and built through acquisitions, officially launched Tuesday, offering placement and in-house binding services for property/casualty, financial lines, personal lines, and medical stop loss risks. One80 Intermediaries is …