Monthly Archives: <span>January 2021</span>

Spanos Joins Core Specialty Insurance E&S Group as VP

Van Spanos has joined Cincinnati, Ohio-based Core Specialty Insurance Holdings Inc.’s newly formed excess and surplus (E&S) primary Product Liability group as vice president. Spanos is responsible for managing all facets of this business, including direct oversight of the underwriting …

TÜV SÜD Hit by ‘Significant Damages’ Claim in Germany Over 2019 Brazil Dam Tragedy

German industrial inspector TÜV SÜD is facing a claim for “significant damages” in the first civil lawsuit on German soil over its alleged role in the deadly collapse of a dam in Brazil two years ago. A group of Brazilian …

Mexico’s Pemex Plan to Cut Refinery Jobs Presents Safety Risks, Document Shows

Plans by Mexican state oil company Petroleos Mexicanos to cut jobs at its six refineries through attrition this year could undermine safety at the plants, an internal company document shows. Pemex plans to leave 9,374 vacancies at its refineries unfilled …

George Petersen in California Names Five New Principals

George Petersen Insurance Agency has promoted Joseph Feierabend, Jack Fess, Sean Parsons, Colby Ritch and Mindy Sehon to principals within the agency. The agency now has 20 principals across eight of the agency’s 10 locations in Northern California. Feierabend, a …

In Third Lockdown, England Seeing ‘No Evidence of Decline’ in COVID-19 Cases

A third pandemic lockdown appears to be having little impact on rates of COVID-19 in England, researchers warned on Thursday, with prevalence of the disease “very high” and “no evidence of decline” in the first 10 days of renewed restrictions. …

CoStar and Warburg Are Said to Be Competing to Buy CoreLogic: Bloomberg

CoStar Group Inc. and a private equity group led by Warburg Pincus are the final bidders competing for data provider CoreLogic Inc., according to people familiar with the matter. CoreLogic, which is evaluating the offers, is expected to decide in …

Prioritizing High-Risk Individuals for Vaccines May Not Be Necessary, Research Says

A new study suggests that prioritizing vaccination of high-risk individuals has only a marginal effect on the number of COVID-19 deaths. To obtain significant improvements, it would be better if a very large fraction of a city or town population …

Top Insurance Regulatory Developments of 2020: Part 1

This is the first installment of a two-part look at the top 10 insurance regulatory developments of 2020 by attorneys at Locke Lord. The first part covers COVID-19, Insurtechs, Data Privacy, Race Equality and Pharmacy Benefit Managers. The second installment …

United Valley Insurance Services in California Adds Peck

United Valley Insurance Services Inc. in Fresno, Calif., has named Donna Peck a marketing consultant. Peck is focused on assisting members on marketing and placing workers’ compensation accounts with the firm’s carriers. Peck previously worked as an underwriting supervisor at …

Hub Acquires Assets of Alabama-Based Shields Insurance Agency

Hub International Limited (Hub), a full-service global insurance broker, has acquired the assets of Shields Insurance Agency. Terms of the transaction were not disclosed. With locations in Birmingham and Mobile, Ala., Shields Insurance Agency is independently owned and provides services …