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

Miami Insurance Agent Arrested in Identity Theft Fraud Scheme

A Miami insurance agent has been arrested for allegedly stealing personal account information to file false insurance applications and collect commissions from the insurance company, according to a statement from the Florida Department of Financial Services. An investigation conducted by …

$4.5M Settlement Offered in Police Shooting of Alton Sterling in Louisiana

After a $5 million proposed settlement fell through, officials in a Louisiana parish are now offering $4.5 million to settle the civil lawsuit brought by the family of Alton Sterling, a Black man who was killed in 2016 by police …

Indiana COVID-19 Lawsuit Shield Legislation Sent to Governor

A bill giving Indiana businesses and others broad protections from lawsuits by people blaming them for contracting COVID-19 has been given final approval by state lawmakers. The Republican-dominated state Senate voted 39-7 to send the bill to GOP Gov. Eric …

Brence Named Shareholder at Swingle Collins & Associates in Dallas

Dallas-based Swingle Collins & Associates has named Collin Brence as the agency’s newest shareholder. Brence is the youngest individual to earn the shareholder title in the agency’s 39 years. He joined Swingle Collins as a commercial producer in 2015 after …

AIG Sees ‘Continued Progress’ Despite P/C Underwriting Loss of $171 Million in Q4

American International Group’s property/casualty business booked a $171 million underwriting loss in the 2020 fourth quarter, barely a year after the insurer celebrated the division’s return to profitability. COVID-19 and other catastrophe losses contributed largely to the General Insurance division’s …

IVANS Survey Finds Agencies and Insurers Seek Greater Connectivity

Both agents and insurers express strong support for agent-insurer connectivity and digital collaboration in distribution and servicing. On agency demand for connectivity, 71% of agencies rank the availability of digital connectivity as the highest priority when selecting an insurer with …

Uber Urges EU to Recognize Gig Business Model as UK Court Is Set to Rule

Uber on Monday called on EU regulators to recognize the value of independent contracts in job creation as they consider new rules to protect gig economy workers. The company has been criticized for classifying its drivers as independent contractors rather …

The Liberty Company Adds Ruggles in California

The Liberty Company Insurance Brokers has added Mark Ruggles. Ruggles will be based in Northern California. He has more than 30 years in the industry with past stops at Brown & Brown, McGriff, and most recently DSS. The Liberty Company …

QBE Custom Property Coverage Form Targets Mid-Size Company Risks

QBE North America has launched a new modular property form designed to give underwriters and brokers the ability to tailor a program for each individual customer. The QBE Custom Property product contains 33 additional coverages, 50 property endorsements, and 22 …

Monahan Returns to Appalachian Underwriters in Florida as P&C Senior Broker

Appalachian Underwriters, Inc. (AUI) has appointed Kimberly Monahan to its Brokerage Department as a property and casualty broker. Monahan is located in Daytona Beach, Fla., and will be working to cover the Northeast Coast of Florida over to the Panhandle. …