There was a 25% spike in ransomware attacks in the first quarter of 2020 versus the fourth quarter 2019, based on incidents reported to in-house breach response team for insurer Beazley’s Breach Response (BBR) Services. While nearly all industries reported …
Genstar Capital announced on Monday it has exited its remaining stake in specialty property insurer Palomar Holdings Inc. in La Jolla, Calif. Genstar in 2014 partnered with current CEO Mac Armstrong to form Palomar, a new specialty insurance platform company …
Dan Gutlovics did a lot of virtual hand holding during the first days of the violent protests in Minneapolis and St. Paul following the death of George Floyd while in the custody of Minneapolis police on May 25. Gutlovics, sales …
Axon Underwriting Services LLC, a specialty lines program administrator, has formed Axon Crisis Management to offer its product recall and foodborne illness and contamination products for U.S. domiciled clients. Axon’s Crisis Management Division is led by Alex Pittignano, senior vice …
The city of Fort Lauderdale has been slapped with $2.1 million in fines by the state for a series of sewage spills. The South Florida SunSentinel reports that the state Department of Environmental Protection originally imposed a $1.8 million fine. …
Centauri Specialty Insurance Holdings and its subsidiaries have hired Rick Moore as vice president of Sales and Agency Relations. As a part of the leadership team, Moore is responsible for the growth and management of numerous sales channels, including expanding …
Insurance broker and professional services firm Aon announced the formation of a coalition of other insurers, companies and organizations in the Chicago area to help advance economic recovery in the wake of the COVID-19 pandemic. The coalition includes other Illinois …
The law firm that represents the Hiscox Action Group has commenced an arbitration against Hiscox Insurance for non-payment of business interruption insurance totaling £40 million ($50 million). The action group, composed of disgruntled Hiscox policyholders, is represented by London law …
The July 3 fireworks display planned at the Mount Rushmore National Memorial would be “ill advised” because of the abnormally dry conditions and risk of summer wildfires, a fire expert said. The event could attract as many as 75,000 people, …
An early morning explosion that heavily damaged a bar and some homes near downtown Houston on June 12 was intentionally caused, according to the Houston Fire Department. Arson investigators did not provide other information on the cause of the blast, …
