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

UK Supreme Court Rules Businesses Should Be Insured for COVID-19 Claims

Small businesses, from restaurants to nightclubs and wedding planners to beauty parlors, on Friday won the right to insurance payouts after Britain’s highest court ruled many policies should cover losses caused by coronavirus lockdowns. Six of the world’s largest commercial …

Risk Placement Services Hires Neligan as Marine Producer in Chicago

Brendan Neligan has joined Risk Placement Services as a marine producer, in the company’s Chicago property brokerage office. Neligan will support the growth of the RPS marine portfolio, serving retail independent agents and brokers nationwide. Previously, he was regional vice …

Outgoing Administration Moves to Lift Safety Restrictions for Some Autonomous Vehicles

The outgoing Trump administration said on Thursday it was issuing new rules that would allow manufacturers of automated vehicles to bypass some crash standards required of conventional vehicles, which would cut production costs. The National Highway Traffic Safety Administration said …

Moment of Change: How the Insurance Industry Can Bridge the Diversity Gap, Be an Ally

The deaths of George Floyd and Breonna Taylor by white police officers last year sparked protests and examinations of racial injustice and inequities across the country. Individuals and businesses responded by vowing to better support communities of color. Experts on …

LP in Nevada Adds Cantlon, Ennis, Garcia, Rossi to Ownership Group

Reno, Nev.-based LP Insurance Services LLC has added Andrea Cantlon, Matt Ennis, Dustin Garcia and Jared Rossi to its ownership group. LP Insurance Services currently has 24 member-owners throughout the footprint. Cantlon leads the surety division. She joined LP Insurance …

World Insurance Associates Acquires J.W. Edens & Company, Inc.

Insurance brokerage World Insurance Associates LLC (WIA) has acquired J.W. Edens & Co., Inc. (JWE) of Titusville, Fla. on Dec. 31, 2020. Terms of the transaction were not disclosed. Founded in 1997, J.W. Edens & Company is a retail insurance …

North Carolina Retaining Wall Collapse Injures Construction Workers, Kills 1

One person was killed and at least four people were injured after a retaining wall fell on construction workers in a North Carolina city, officials said Wednesday. The City of Hendersonville said in a news release that the accident occurred …

ISC Acquires California Contractors Insurance Services

Integrated Specialty Coverages has acquired California Contractors Insurance Services Inc. Terms of the deal were not disclosed. Sacramento, Calif.-based CCIS has a network of over 70,000 licensed contractors to obtain license bonds, general liability, workers’ compensation, contract bonds and permit …

Some Rideshare Drivers Sue Over California Ballot Measure

Drivers for app-based ride-hailing and delivery services filed a lawsuit Tuesday to overturn a California ballot initiative that makes them independent contractors instead of employees eligible for benefits and job protections. The lawsuit filed with the California Supreme Court said …

American Family Insurance to Acquire Small Business Insurtech Bold Penguin

Madison, Wisconsin-based American Family Insurance is acquiring insurtech company Bold Penguin that serves small businesses. The Bold Penguin digital exchange is used by insurance agents, brokers and other distributors to match, quote and bind policies from a range of insurers. …