La Jolla, Calif.-based Palomar Holdings Inc. announced the underwritten public offering of 5 million shares of the company’s common stock, par value $0.0001 per share, which consists of 750,000 shares of common stock offered by the company and 4,250,000 shares …
Commercial property/casualty and professional liability insurer Philadelphia Insurance Companies announced leadership changes, effective January 1, 2020. President and Chief Executive Officer Bob O’Leary has become chairman, succeeding the departing Jamie Maguire. O’Leary will continue as CEO. Chief Underwriting Officer John …
Cyber risks were cited as the top concern among businesses of all sizes in 2019, according to a Travelers report released in October. Of the 1,200 business leaders who participated in an insurer-sponsored survey, 55% said they worry some or …
BGC Insurance Group (BGCI), a global broker and division of BGC Partners Inc., announced it has rebranded its global aerospace re/insurance brokerage as Piiq Risk Partners. Since the division was launched during the second half of 2019, it has been …
The National Weather Service said a tornado touched down in a central Florida community Saturday and caused around $20,000 in damage to city property. The National Weather Service confirmed the tornado traveled a quarter of a mile in the city …
The North Carolina Department of Insurance and the North Carolina Rate Bureau (NCRB) have reached a settlement for an average 4% increase on a proposal to increase dwelling insurance rates. A hearing on the proposal scheduled for Jan. 13 has …
About three weeks after a cyberattack on New Orleans city computers forced a shutdown, an official says some systems are ready to go back online. Public safety tools including the court system were scheduled to be up and running on …
A fire on the roof of a northwest Oklahoma City mall was extinguished with no injuries on Jan. 4, fire officials said. Oklahoma City Fire Battalion Chief Benny Fulkerson said the fire on the roof of Quail Springs Mall produced …
Specialty insurer Everest Insurance has appointed Mike Karmilowicz to be executive vice president and president of North America P&C. He will be responsible for all property/casualty insurance underwriting units and direct brokerage business for the Everest Insurance North American platform. …
An Oklahoma couple has been accused of home repair fraud and embezzlement, where they took more than $313,000 from 10 victims, the Oklahoma Attorney General’s Office reported. In a 10-count felony indictment, Bobby and Crystal Smith, who owned Ultimate Roofing …
