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

Black Firefighters in North Carolina Allege Racism Amid Larger Reckoning

They threw her new cellphone on the roof of the station house and placed nails under the wheels of her pickup truck. As she prepared to answer a call, someone poured tobacco juice in her boots. It was too much …

Investigation Into Cause of Fire at Kansas Alcohol Plant Underway

Authorities say no one was hurt in an explosion and fire at a northeast Kansas distilling plant that was fined earlier this year over a noxious cloud of fumes that sent dozens to the hospital in 2016. Atchison Police Chief …

North Carolina Regulator to Modify Moratorium on Lindberg Firms

A North Carolina Superior Court gave approval to the state’s insurance regulator to modify the moratorium on insurance businessman Greg Lindberg’s financially impaired Colorado Bankers and Bankers Life Insurance Companies. The order allows annuity contract owners to withdraw limited funds …

Outlooks Revised to Positive for Bremen Farmers Mutual Insurance in Kansas

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb+” of Bremen Farmers Mutual Insurance Co. (Bremen) in Bremen, Kan. Founded …

Skyward Specialty Insurance Hires CNA’s Childs to Lead Construction Business

Houston-based Skyward Specialty Insurance Group Inc. (Skyward Specialty) has added Rick Childs as senior vice president, Construction, to lead its growing construction business. Childs brings 25 years of commercial insurance industry experience, including the past decade focused on construction. Previously …

Consolino Named President, CEO of Newly Capitalized Core Specialty Insurance

Cincinnati, Ohio-based Core Specialty Insurance Holdings Inc. has completed its recapitalization of StarStone U.S. Holdings Inc. and named Jeff Consolino as president and CEO. In a media release, the company said the recapitalization was led by SkyKnight Capital L.P. , …

Duke to Lead Expanded Actuarial, Analytics Practice at Xceedance

insurance consulting and technology firm Xceedance announced the expansion of its global actuarial and analytics services practice, led by Matthew Duke, senior vice president and chief actuary. Duke brings 15 years of experience in actuarial and analytics disciplines. Prior to …

BHSI Hires Macfarlane to Lead Downstream Energy Property in Europe

Berkshire Hathaway Specialty Insurance (BHSI) announced it is expanding its capabilities in Europe to underwrite downstream energy property insurance and has named Tom Macfarlane to lead this business segment. “This is a significant step in continued build-out of our overall …

Nasdaq to Require Increased Board Diversity Disclosure by Listed Companies

Exchange operator Nasdaq has proposed new rules for listed companies around board diversity and disclosure. According to a filing with the Securities and Exchange Commission (SEC), the new listing rules, approved by Nasdaq directors on Nov. 5, would require all …

AmWINS to Acquire Bermuda-Based International Specialty Brokers Ltd.

AmWINS Group Inc., a global distributor of specialty insurance products and services, announced it has signed a definitive agreement to acquire International Specialty Brokers Ltd. (ISBL), a Bermuda-based P&C wholesale insurance and reinsurance broker. Terms of the transaction were not …