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

Nonprofits The Institutes, Insurance Information Institute to Affiliate Nov. 16

The insurance education and research nonprofit The Institutes said it will finalize its affiliation with its fellow nonprofit Insurance Information Institute (Triple-I) on November 16, 2020. According to the announcement, the Triple-I will retain its offices in New York City …

Ex-Federal Worker Pleads Guilty to Disability Benefits Fraud

A former Federal Air Marshal employee pleaded guilty Tuesday to fraudulently collecting nearly a quarter of a million dollars in government disability benefits while owning and operating a martial arts business in Rhode Island, U.S. Attorney for Rhode Island Aaron …

Insurance Tech Firm Insurity Acquires Personal Lines Management Suite CodeObjects

Insurance systems and data analytics provider Insurity reported that it has completed the acquisition of California-based CodeObjects, which offers a management program for personal lines. The deal expands Hartford-based Insurity’s portfolio of products that is focused on commercial lines. The …

Oakland Settling Final Lawsuit From Deadly Ghost Ship Fire

The Oakland City Council has agreed to pay $399,000 to settle the last lawsuit over a 2016 fire at an illegally converted warehouse dubbed the Ghost Ship that killed 36 people. The city doesn’t acknowledge any wrongdoing in the settlement …

Small Tornado Confirmed in Oregon, Buildings Damaged

The National Weather Service confirmed a tornado touched down north of Portland in St. Helens, Ore. The weather service confirmed the tornado at about 2 p.m. Tuesday. It touched down around 12:20 p.m., KPTV reported. Damage to the roof of …

LA Times Paying $3M to Settle Journalist Discrimination Suit

The Los Angeles Times and Tribune Publishing have agreed to pay $3 million to settle a lawsuit that said minority journalists and women were paid less than white reporters. Nearly 240 current and former reporters and editors will benefit from …

Reiss Appointed President of International Bond & Marine Brokerage

James Reiss has been appointed as president of International Bond & Marine Brokerage Ltd. (IB&M), a brokerage providing risk management solutions to the international trade industry. The brokerage was recently acquired by Intact Insurance Specialty Solutions, a brand of Intact …

World Insurance Associates Acquires New Jersey’s Collier O’Neill & Associates

World Insurance Associates LLC (WIA) has acquired Brian S. O’Neill & Associates Inc., d/b/a Collier O’Neill & Associates., of Trenton, N.J., on November 1, 2020. Terms of the transaction were not disclosed. Collier O’Neill is a full-service insurance agency serving …

Zurich Insurance Reports Sales Growth, Higher Rates, Modest COVID-19 Claims

Zurich Insurance Group saw increased commercial lines insurance sales and a modest impact from COVID-19 related claims for the first nine months of the year, according to its third quarter report. Growth was supported by higher premium rates, which continued …

QBE North America Hires Berkshire Hathaway’s Fortin, Greeley for Financial Lines

QBE North America has appointed Dan Fortin as president and Todd Greeley as chief operating officer for Financial Lines. Both executives joined QBE NA from Berkshire Hathaway Specialty Insurance. With the hires, QBE NA said it aims to expand it …