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

Mississippi Casino Sues Insurer Westchester for Not Paying COVID-19 Loss

A Mississippi Gulf Coast casino has become one of many businesses nationwide to sue its insurer for refusing to cover business losses because of the coronavirus pandemic. Island View Casino Resort in Gulfport contends in the federal lawsuit that its …

Louisiana’s Main Street Recovery Program to Award Another $2.3M in Grants

The Louisiana Main Street Recovery Program is adding another $2.3 million in funding to increase the number of grants that can be awarded to eligible small businesses. The additional money comes from a transfer of administrative funding and will allow …

Kemper to Acquire American Access Casualty in Illinois for $370M

Specialty insurer, Kemper Corp., has agreed to acquire American Access Casualty Co, and its related captive insurance agency, Newins Insurance Agency Holdings LLC, and its subsidiaries (collectively “AAC”). AAC is headquartered in Downers Grove, Ill. The $370 million transaction is …

Antidiscrimination Rules for Businesses OK’d by Georgia County Commissioners

A middle Georgia county has approved an anti-discrimination ordinance that would govern businesses, despite opposition from some. Macon-Bibb commissioners voted 5-4 in favor of the proposal on Tuesday, sending it to Mayor Robert Reichert for his signature or veto, news …

Best Agency to Work For Southeast: SouthGroup Insurance Services

Employees at SouthGroup Insurance Services don’t just like where they work – they LOVE it. And going through the pandemic has only reinforced their love and appreciation of their employer, selected as Insurance Journal’s Best Agency to Work For – …

RSG’s Trident Marine Managers, Global Special Risks Join Forces in Houston

RSG Underwriting Managers LLC has consolidated two of its current managing underwriting manager businesses, Houston-based Trident Marine Managers (Trident) and Global Special Risks (GSR), and created a new practice vertical, Marine and Traditional Energy. Both managing general underwriting companies will …

Torrent Technologies Adds Palomar Admitted Coverage to Flood Platform

Torrent Technologies, a flood insurance technology and servicing company and part of Marsh, has formed an agreement with Palomar Specialty Insurance Co. to provide Torrent’s Write-Your-Own (WYO) carrier clients and their agents new, admitted private flood insurance options. Under the …

Howden Buys Cyber and Tech Specialist Broker Safeonline

Howden, the international insurance broker, announced it has reached an agreement to acquire Safeonline, a London-based cyber and tech specialist broker and Lloyd’s coverholder. The acquisition underlines the importance Howden places on this fast-growing product line and gives it an …

Oregon Man Arrested After Tesla Crashes, Sends Batteries Flying

An Oregon man crashed a Tesla while going about 100 mph, destroying the vehicle, a power pole and starting a fire when some of the hundreds of batteries from the vehicle broke windows and landed in residences, police said. Dylan …

Vallejo $750K to End Lawsuit Over Police Beating

A handyman who was left bloodied after he was beaten and choked by Vallejo police will receive $750,000 from the city, it was announced Friday. The San Francisco Bay Area city agreed Thursday to settle a civil rights lawsuit filed …