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

Palomar in California Names Johnson Chief Talent & Diversity Officer

La Jolla, Calif.-based Palomar Holdings Inc. has named Michelle Johnson chief talent and diversity officer. Johnson was previously senior vice president of people and talent, having served in this role since joining the company in 2019. Johnson previously spent 20 …

Cities Are Stepping up Their Own Greenhouse Gas Battles

Long Beach, Calif., this week took a step in a plan to reduce local greenhouse gas emissions. The city council on Tuesday heard an update report on a plan to lessen the expected impacts of climate change, meet state-mandated greenhouse …

CIC of New Mexico Sues to Enjoin California Department of Insurance from Interference

California Insurance Company of New Mexico has filed suit in federal court to enjoin the California Insurance Department from continuing to take what the suit asserts are illegal, actions to block the approved redomestication of CIC and to undermine a …

Cannabis Broker Spotlight: Sherman with PSA Saw Cannabis as Natural Step from Professional Liability

Editor’s note: This part of a series of profiles on cannabis brokers, in which Insurance Journal explores why and how these folks got into the business, the ups and downs of insuring cannabis, as well as a few tips for …

Goosehead Insurance Fires Employee Who Was at Jan. 6 Capitol Hill Riot

Texas-based personal lines insurance agency Goosehead Insurance has fired an employee who participated in the storming of the Capitol yesterday. According to a posting on Goosehead’s Twitter account, Paul Davis, who was associate general counsel, is no longer with the …

Insurance Leaders Condemn Violence by Trump Rioters Who Stormed Capitol

Several insurance industry leaders have joined others in the U.S. business community in condemning the violent rioters who stormed the Capitol yesterday in support of President Donald Trump. The protesters damaged the federal property and interrupted legislative proceedings on the …

Deep Fake Losses to Challenge Cyber Insurers, CyberCube Warns

What do Ulysses and his Trojan Horse, the pickpocket Fagan in Charles Dickens’ Oliver Twist and a video of Facebook’s Mark Zuckerberg touting how his company “owns” its customers have in common? They are old and new forms of deception …

California Governor Planning $4 B for Economic Recovery

After spending most of 2020 telling small businesses to close and limit their customers, California Gov. Gavin Newsom on Tuesday proposed $4 billion worth of state spending he says will help them survive in 2021. Newsom was the first U.S. …

Flooding Brings New Woes to New York City Church Hard-Hit by COVID-19

A Lutheran church in New York City already reeling from the COVID-19 deaths of more than 60 members of the congregation has suffered a new trauma: Severe flood damage from the rupture of a major municipal water main. The flooding …

Heffernan Insurance Brokers Merges with Porter & Curtis, Establishes Penn. Office

Heffernan Insurance Brokers, a full-service, independent insurance brokerage firm, has merged with Porter & Curtis LLC, a consultative commercial property/casualty insurance broker, effective December 31, 2020. Porter & Curtis represents Heffernan’s first office on the East Coast. Its founders, William …