Weather officials say they’re still assessing the effects of a tornado that touched down in Alabama over the weekend. The National Weather Service said Monday that a storm survey team had found preliminary evidence of a tornado that touched down …
Neptune Flood has expanded its residential products to five more states – Montana, South Dakota, Utah, Vermont, Wyoming, and Washington, D.C., completing the company’s nationwide rollout of all residential, commercial and RCBAP flood insurance products. Neptune has also completed the …
Philip Massaro has joined small business intermediary BTIS as vice president of Underwriting. Massaro has 25 years of commercial insurance underwriting and product management experience. Most recently, he was with GEICO as director of Auto and Excess for 20 western …
Spurred by a combination of financial hardship, a decrease in miles driven and a general lack of awareness of the historic relief efforts the industry initiated in 2020, auto insurance customer loyalty has given way to a nationwide surge in …
The Minnesota Senate has voted on Dec. 14 to pass a $216 million relief package aimed at businesses and workers who took the biggest hit from a four-week “pause” ordered by Gov. Tim Walz as increasing coronavirus cases threatened to …
The insurance committees of the Louisiana Senate and House of Representatives will hear about the impact of multiple 2020 hurricanes and the COVID-19 pandemic on insurance rates in a joint meeting on Dec. 16. Presenters include representatives from the Louisiana …
A portion of the personal auto insurance business of a Texas insurance company that appeared to be headed for liquidation at the end of November is being assumed by a Georgia-based insurer. Embark General, headquartered in Atlanta, said it is …
ProFinity Insurance Services in Los Angeles, Calif., a specialty MGA, recently opened its doors to wholesale distribution. ProFinity is led by Ravi Uthayashanker, formerly of Lloyd’s of London, where his main focus was on small-to-medium enterprise engineer and contractor professional …
London, UK – 23 Nov, 2020 – RMS, the world’s leading catastrophe risk modeling company, collaborated with Willis Re Securities and Securian Financial to launch the new La Vie Re Limited (Series 2020-1) mortality catastrophe bond providing US$100m of reinsurance …
Vertus Insurance Partners and Zurich North America have expanded the Cat4Home deductible buy-back insurance product to customers in Alabama and Mississippi. The company said the expanded offering comes after the second most active Atlantic hurricane season on record with 30 …
