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

It’s Not Just about Rates. It’s about Valuable Service

This post is part of a series sponsored by Old Republic Surety. Sarabeth Scott provides an unusual perspective for independent agents: She speaks as a surety company representative, but she spent 20 years on the agency side of the surety …

3 South Dakota Family Members Sentenced for Defrauding Farmers

Three members of a South Dakota family accused of bilking millions from farmers due to risky speculation in the grain business have been sentenced to time behind bars. Jared Steffensen and his wife, Tami Steffensen, pleaded guilty earlier to theft …

Ex-Official Sent to Prison for Stealing $2M From Illinois City

A man who stole $2 million from Kankakee, Illinois, and a regional wastewater agency was sentenced to nine months in federal prison and two years of home confinement. Richard Simms, 74, acknowledged diverting money through a fraudulent software invoicing scheme. …

Fort Worth Masonry Company Cited Again for Fall Hazards: Fined $216K

Federal workplace safety officials cited a Fort Worth, Texas-based masonry company for continuing to put its workers at risk for falls and fined the firm more than $216,000. OSHA said a March 2021 inspection revealed RM Masonry and Stucco Inc. …

Lawsuit: Ida Power Outages in Louisiana Due to ‘Gum and Super Glue’ at Utility

A lawsuit alleges that Louisiana’s largest electric utility used a “bubble gum and super glue” approach to maintenance and construction that left customers sweltering in the dark without adequate sewage treatment after Hurricane Ida. The suit was filed against Entergy …

People Moves: HDI Global USA Adds Sapia; AAU Hires Dettmann; Malkin Joins Alliant in Chicago

HDI Global USA Appoints Sapia Director of Liability Underwriting Chicago-based HDI Global Insurance Co. (HDI Global USA) appointed David Sapia director of liability underwriting. In this new role, Sapia will be responsible for the profitability, growth and overall strategic direction …

People Moves: Biggs Joins Oklahoma Workers’ Comp Commission; Alliant Adds Soto, Hargrave in Texas; ICT Hires Johnson

Biggs Joins Oklahoma Workers’ Comp Commission The Oklahoma Workers’ Compensation Commission (WCC) added Scott Biggs as its newest commissioner. The WCC and its three commissioners are tasked with carrying out the adjudicative, administrative, and regulatory functions of the Administrative Workers’ …

People Moves: Howden Names Swiss Re’s Cochrane for Energy Transformation; Apollo Hires Sandi for Casualty Treaty; AXA XL’s MacColl to Atrium to Lead Hull & War

This edition of International People Moves details appointments at the broker Howden and two Lloyd’s insurers: Apollo Syndicate Management and Atrium Underwriting. A summary of these new hires follows here. Howden Appoints Swiss Re’s Cochrane as Head of Energy Transformation …

Florida’s Citizens Warns of Exposure Risk as Policy Count Grows

Citizens Property Insurance Corp. president Barry Gilway said at a Wednesday board of governors meeting that the organization is considering “all ideas to reduce exposure” as policies mount by the thousands. Gilway said Citizens is accepting policies at a rate …

Relation Acquires South Carolina-Based Perry

Relation Insurance Services, Inc. has acquired the assets of South Carolina-based Perry Insurance Group, Inc. Terms of the transaction were not disclosed. Perry provides personal and commercial lines insurance throughout South Carolina and is headquartered in Lexington, South Carolina, with …