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

Cannabis Broker Spotlight: Meade of Brown & Brown Had His “Ah-Ha” Moment After Getting into the Business

Editor’s note: This part of a series of profiles on cannabis brokers, in which Insurance Journal explores why and how these folks got into the business, the ups and downs of insuring cannabis, as well as a few tips for …

Louisiana Court Schedules Trial on First Coronavirus Business Interruption Lawsuit

A trial will begin Monday in what is thought to be the first lawsuit to be filed against an insurer for denying coverage for business-interruption losses caused by COVID-19 shutdown orders. Judge Paulette R. Irons ruled against a motion for …

R.E. Chaix & Associates Insurance Brokers Acquires Rancho Pacific in California

R.E. Chaix & Associates Insurance Brokers has acquired Rancho Pacific Insurance Services in California. Founded by Tracy Prettyman, Rancho Pacific Insurance Services is a wholesale brokerage specializing in commercial general liability, property, inland marine, business owners policies, lessors risk, commercial …

Arthur J. Gallagher Acquires AWIS Group in California

Arthur J. Gallagher & Co. has acquired San Diego, Calif.-based AWIS Group. Terms of the deal were not disclosed. The AWIS team will continue to operate from their current location under the direction of Adam Mazan, head of the Pacific …

HIIG Adds Public Company D&O Coverage, Picks AIG’s Bujosa to Lead

Houston International Insurance Group, Ltd., has expanded its management liability coverage offerings to include an excess public D&O (Directors and Officers) product. As part of this expansion, the company hired underwriter Peter Bujosa, as Public D&O lead. Bujosa previously worked …

Texas Seeks Comments on Windstorm Insurer Rules, Classification for Oil, Gas

The Texas Department of Insurance (TDI) seeks comments on an informal draft to improve the structure of Texas Windstorm Insurance Association (TWIA) rules. These updates do not include revisions to the rule text. Visit the TDI website to view the …

Erratic Tropical Storm Eta Makes Landfall on Florida’s West Coast

Tropical Storm Eta made landfall on Florida’s west coast Thursday, bringing heavy rain and gusty winds to northern parts of the peninsula. Eta came ashore near Cedar Key at 4 a.m. New York time, with maximum sustained winds of 50 …

Frank Winston Crum Expands GL, Excess Programs into N.C., S.C., Tenn.

Frank Winston Crum Insurance (FWCI) has launched general liability and excess liability insurance programs in North Carolina, South Carolina and Tennessee to coincide with its previously available worker’s compensation program. The general liability program serves a niche contractor market and …

Alabama Auto Part Maker Pleads Guilty in Worker Death, Will Pay $1.5M Fine

A judge on Monday ordered an auto parts manufacturer to pay $1.5 million after admitting violating federal safety standards before a worker was crushed to death by a robotic machine. The Department of Justice announced the company pleaded guilty to …

Schrage Named Sales Development Coach at Valley Insurance Agency Alliance

St. Louis, Mo.-based Valley Insurance Agency Alliance (VIAA), a network of more than 130 independent insurance agencies in Missouri and Illinois, has appointed AJ Schrage as its sales development coach. Schrage will develop and assist with the marketing efforts for …