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

People Moves: Insurtech Joyn Adds Schoberth; Chubb’s Lubin Joins Crum & Forster; TransRe Promotes O’Gwen; AXA XL’s Klimczak Moves to U.S.

Insurtech Joyn Adds Schoberth as Chief Distribution Officer Insurance technology company Joyn Insurance announced the addition of Uwe Schoberth as chief distribution officer. The role will focus on developing broker relationships. Uwe brings a background in commercial insurance, having held …

Biden Orders Disaster Declaration After Tennessee Flooding

President Joe Biden has approved a major disaster declaration sought by Tennessee after record rainfall caused devastating floods that killed at least 22 people, according to a statement sent Tuesday. The action frees up federal aid to help with recovery …

Guidewire Acquires Property Risk Data Firm HazardHub

Insurance technology firm Guidewire Software said it has acquired HazardHub, an insurtech provider of property risk data to the property/casualty insurance industry for underwriting, marketing and claims. HazardHub’s data is delivered in a national catalog of risks that may damage …

People Moves: Incline in Texas Makes Series of Hires, Promotion

Incline P&C Group in Austin, Texas, made several new hires and a promotion within the company. Sheel J. Patel will join as chief financial officer and Sameer Khanbwill join as chief risk officer. Additionally, Cesar Gregorio will join as controller …

Illinois Gives Pie Approval to Acquire Western Select

Pie Carrier Holdings has received regulatory approval from the Illinois Department of Insurance to acquire Western Select Insurance Co. from a subsidiary of Premia Holdings Ltd. Terms of the deal were not disclosed. The proposed acquisition represents a step by …

Lawsuit: Teens Sexually Assaulted in Illinois School Team Hazing

The parents of two teenage boys filed a federal lawsuit Monday alleging their sons were sexually assaulted in a hazing tradition by older players on their suburban Chicago, Ill., high school football team, and that three adult coaches were aware …

Firefighter Dies While Working Oregon Wildfire, Officials Say

A firefighter died this week while battling a wildfire southeast of Eugene, Oregon, officials said. Bryan Cutchen, Oakridge city administrator and acting fire chief, said the death is suspected to have been caused by a tree falling on the firefighter, …

California College Data Breach Exposes Student Requests for Vaccine Exemptions

Personal information from students at a California college who requested a religious exemption from the COVID-19 vaccine has been posted online after an apparent data breach. The records from about 130 students at California State University, Chico were dumped on …

Startup Raises $60M to Flag Infrastructure Damage, Injuries Before They Happen

Startup Urbint, which promises its software can identify utility and telecommunications industry failures, damages, and worker injuries before they happen, has raised $60 million. Urbint CEO and founder Corey Capasso said the funding is timely, hitting as Congress contemplates massive …

New York Man Charged in $9M Fraud Conspiracy

A Brooklyn, New York, man was charged for conspiring to defraud the IRS, Acting U.S. Attorney Rachael A. Honig announced. Aleksander Zaretser is charged by indictment with conspiracy to defraud the IRS. He will be arraigned on a date to …