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

Parents Sue Delaware Child Care Facility Where Daughter Was Killed

The parents of an infant who was killed at a Delaware child care facility have filed suit against the facility as well as a former employee who was charged in the baby’s death. The News Journal of Wilmington reported Wednesday …

Massachusetts’ MIB Group Announces Two New Hires, One Promotion

MIB Group Inc. has appointed Andrea Caruso and Trey Reynolds to executive leadership positions and promoted MIB veteran Brian Millman to head its Electronic Health Records (EHR) Solutions platform. These organizational changes will be effective May 15, 2020. Caruso joins …

UK Insurer Brit and Google Collaborate to Launch 1st Fully Digital Lloyd’s Syndicate

Brit Ltd. announced plans to launch Ki, the first fully digital and algorithmically driven Lloyd’s syndicate, in collaboration with Google Cloud. Launching in 2021, Ki will be a “follow-only” syndicate, aiming to significantly reduce the amount of time and effort …

UK Government to Create Temporary Reinsurance Backstop for Trade Credit Insurance

The UK Treasury announced it is creating a government-backed temporary reinsurance scheme so businesses can continue to access trade credit insurance during the COVID-19 crisis. The scheme will be delivered through a reinsurance agreement with trade credit insurers currently operating …

Florida Extends Order Allowing Agency Reps to Work Remotely During Health Emergency

Customer service representatives holding a particular Florida insurance license will be able to continue conducting business remotely until at least July 7. A directive issued by Florida CFO Jimmy Patronis that allows remote work by Florida agency customer service representatives …

SIAA Reports Strong First Quarter and Anticipates Continued Growth

Hampton, NH, May 13, 2020: SIAA (Strategic Insurance Agency Alliance, Inc.), the largest independent insurance alliance in the United States, reported strong growth in the first quarter of 2020, signing new members at a pace better than in 2019. In …

Everest Insurance Taps Patel from AIG Europe as UK Head of Transactional Risk

Everest Insurance announced the appointment of Sujal Patel as the UK Head of Transactional Risk for Everest Global Markets, which includes Everest Insurance Ireland, dac. and Lloyd’s Syndicate 2786. Patel brings more than a decade of industry experience to Everest, …

Insurers Zurich and Chubb Raise Cover for Canada Oil Sands Pipeline: Filings

Major insurers Zurich and Chubb increased their insurance cover for a Canadian oil sands pipeline over the last year, Canadian regulatory filings show. The Trans Mountain pipeline, which ships types of crude oil and refined products to British Columbia from …

Reliance Partners of Tennessee Appoints Albrecht as CFO, CRO

Reliance Partners has added Thom Albrecht as chief financial officer and chief revenue officer. Albrecht is a 32-year veteran of the transportation space and served most recently as chief commercial officer and chief financial officer with Celadon Group. Prior to …

FCCI Insurance Terminates CEO Johnson Days After His Arrest

Craig Johnson, chief executive officer of Florida-based FCCI Insurance Group, has been terminated and removed as an officer and board member of the company following an incident with police in a Sarasota restaurant. The termination came two days after the …