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

Texas’ Marine Underwriters of America Acquired by DOXA Insurance Holdings

DOXA Insurance Holdings LLC (DOXA) has acquired Conroe, Texas-based Marine Underwriters of America (MUA), a niche agency serving the marine industry with specialized insurance policies for ocean marine, inland marine and related property for commercial and recreational marine customers. Marine …

Record Return of Merger Activity Leads to Massive Growth in M&A Insurance Market

LONDON – A record rebound in merger activity this year and a rise in litigation has brought with it an upsurge in insurance policies that give companies and private equity firms cover for when a deal goes wrong, industry officials …

Chubb Launches Digital Team for Continental Europe and UK & Ireland

Chubb has announced the creation of a new digital team for Continental Europe (CE) and the United Kingdom & Ireland (UK&I). The team has been formed to develop and execute the insurer’s plans to broaden its digital product and service …

No-Deal Brexit Grows More Likely as UK-EU Trade Talks Remain Deadlocked

Britain is likely to complete its journey out of the European Union in three weeks without a trade deal, British Prime Minister Boris Johnson and European Commission chief Ursula von der Leyen said on Friday. Britain quit the EU in …

Family of Pilot Killed Fighting California Wildfire Sues Aircraft Companies

The family of a veteran helicopter pilot who died when his aircraft crashed as he was dropping water over a California wildfire filed suit Wednesday against the companies that designed and maintained the aircraft. Michael Fournier of Rancho Cucamonga, California, …

Woman Abused by Washington Band Teacher Settles for $2M

A school district in Washington state has agreed to a $2 million settlement after a woman sued over sexual abuse by a band teacher 30 years ago – a trauma so profound she said it caused her to stop teaching …

Global Banks Battle COVID-19 Crime Wave

LONDON — Fraud risk analyst Rajendran Raj was used to the odd out-of-hours alert from authorities, but a call one Saturday in March heralded a new era, of tackling criminals seeking to cash in on coronavirus. A French drugs firm …

New York Auto Insurance Fraud Ring Busted Following Two-Year Investigation

An enterprise insurance fraud scheme operating in lower Westchester and the Bronx has been taken down following a nearly two-year long investigation. Westchester County District Attorney Anthony A. Scarpino Jr. announced the takedown of Operation Sledgehammer, in which five registered …

CRC Group Appoints Koehn and Tredway as Co-Presidents of Brokerage Division

Nationwide wholesale insurance broker CRC Group reported that Garrett Koehn and Brent Tredway will be appointed co-presidents of the company’s Brokerage Division effective January 1, 2021. The company said Koehn and Tredway will assume national leadership roles but divide primary …

DOXA Establishes Strategic Partnership with Massachusetts’ Century Equity Partners

DOXA Insurance Holdings, an acquirer of specialty niche-focused insurance distribution companies, has established a strategic relationship with Century Equity Partners, a Boston-based private equity firm, in order to support DOXA’s plans for continued growth. The investment sets the stage for …