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

Michigan’s High Street Insurance Partners Acquires Three New Agencies

Traverse City, Michigan-based High Street Insurance Partners (High Street), has acquired three additional agencies — two in Michigan and one in New York. These new agency partners are: Trust Shield Insurance Group (TSIG) in Schoolcraft, Michigan; Ken Bleeker Insurance Agency …

Michigan’s Gov. Whitmer Says Manufacturers Can Reopen on May 11

Michigan Governor Gretchen Whitmer says the state’s factories can reopen on May 11, removing one of the last major obstacles to North American automakers bringing thousands of laid-off employees back to work amid the coronavirus pandemic. While reopening the manufacturing …

Young Brokerage Founder Seeks to Target ‘Underserved’ High Net Worth Space

As a self-taught app developer, when Hayden Kopser sees a problem, he seeks to build a solution. So, when he observed during his time working at AIG that some brokerages weren’t adequately servicing high net worth accounts, he saw an …

AXA Ventures Leads $5M Investment in Cyber-Security Startup Hub Security

Hub Security, a startup that offers military-grade cyber-security solutions for fintech, cloud, blockchain and data storage, announced it has closed a $5 million Series A funding round led by AXA Ventures, with participation from Jerusalem-based OurCrowd. The company said the …

Fatal Teen Shooting in Washington Settled For $2.25M

King County in Washington has agreed to settle a civil rights lawsuit for $2.25 million, an apology and a sheriff’s promise to pursue a new policy to be named after the teenage victim of a fatal police shooting. The settlement …

Alaska Facing More Summer Cruise Ship Cancellations

Three cruise lines said this week they are canceling sailings to Alaska this summer, citing travel and other restrictions linked to coronavirus concerns. Two of the companies, Princess Cruises and Holland America Line, had previously announced sharply reduced plans for …

California Restaurants Have Plan for Reopening with Safeguards

California restaurants have drafted a plan to allow the industry to reopen for sit-down dining with an array of safeguards while avoiding possible requirements that customers have their temperature taken and the number of tables be dramatically limited. The recommendations, …

Tokio Marine HCC Names Khoury Vice President of Marketing in California

Tokio Marine HCC’s cyber and professional lines named Desiree Khoury vice president of marketing and business development. Khoury is based in Encino, Calif. and reports to David Lloyd, the group’s chief operating officer. As the group’s head of marketing, she …

Maine’s The MEMIC Group Releases Back-to-the-Workplace Safety Guidance

As states begin to lift restrictions on employers in various segments of the economy, MEMIC, a Portland, Maine-headquartered workers’ compensation insurance specialty company, has released an employer guide for safety procedures. The MEMIC Pandemic Recovery Safety Planning template includes forms …

New Jersey’s ProSight Global Adds Three to Its Senior Management Team

ProSight Global Inc. has added three members to its senior management team. It recently hired Chief Claims Officer Donna Biondich, Chief Investment Officer Nico Santini and Jeff Arricale, chief of staff and head of capital markets. Biondich joined ProSight in …