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

Third Coast Underwriters to Offer Workers’ Comp Coverage in Florida, Wisconsin

Third Coast Underwriters (3CU), a national workers’ compensation insurance company, is expanding into Florida and Wisconsin. With the expansion, the company will offer its workers’ compensation coverage in 21 states. Under the direction of Mike Valiante, vice president of Business …

Burns & Wilcox Adds McCormick as Professional Liability Leader in Texas

Wholesale insurance broker and underwriting manager, Burns & Wilcox, has added Laura McCormick to its leadership team. McCormick joins Burns & Wilcox as regional practice group leader, Professional Liability for the Southern U.S. Region, based out of the Dallas/Fort Worth …

Man Arrested, Charged with Hate Crime in Missouri Islamic Center Arson

Prosecutors have charged a 42-year-old man accused of setting fire to a Missouri mosque on April 24 with a hate crime and other counts. Nicholas Proffitt, who spent time in prison for defacing the Islamic Center of Cape Girardeau more …

Louisiana Workers’ Comp Insurer, Amerisafe, Reports Profitable Quarter

DeRidder, Louisiana-based workers’ compensation insurance company, Amerisafe Inc., has reported a first quarter profit of $10.8 million. The company posted revenue of $79.2 million in the period; adjusted revenue was $86.9 million. Gross premiums written in the first quarter of …

Insurtech Branch Now Offering Auto, Homeowners Insurance in Texas

Columbus, Ohio-based insurtech, Branch, has opened operations in Texas, the company’s fifth statewide expansion since launching in Ohio in August 2019. Branch says it is shaking up the insurance industry providing a way to bundle home and auto insurance in …

Dangi Joins Wisconsin’s Jewelers Mutual Group as CFO, Treasurer

Sumit Dangi has joined the leadership team of Neenah, Wisconsin-based Jewelers Mutual Group as chief financial officer (CFO) and treasurer. Dangi comes to Jewelers Mutual from HSBC Global, where he was senior vice president and CFO. While in this role, …

Updated: Insurance Premium Discounts, Other Relief Offered During Coronavirus Crisis

The group of property/casualty insurers offering auto insurance premium discounts to recognize that insureds are driving less during the coronavirus crisis continues to grow, and now includes all major auto insurers. Most discounts are for personal lines auto customers, however …

UK Regulator Wants Courts to Clarify Wording of Disputed Business Interruption Policies

Britain’s financial watchdog said on Friday it would urgently ask the courts to clarify uncertainty over whether businesses can claim compensation for disruption caused by the coronavirus pandemic. The Financial Conduct Authority (FCA) also told all insurers to assess whether …

Coronavirus Cases Surge in Reopened Colorado Beef Plant, Worker Dies

COVID-19 cases at a JBS meatpacking plant in Colorado have more than doubled “in a number of days” and a sixth employee died of the virus, a union official said on Thursday, underscoring the risks of U.S. meat plants reopening. …

Pinnacol Donates $1.8M to COVID-19 Funds for Colorado Businesses, Workers

Pinnacol Assurance donated nearly $2 million to an array of funds that support businesses and workers in Colorado impacted by the COVID-19 pandemic. Through its philanthropic giving program, Pinnacol donated the following amounts to the following funds: $1 million to …