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

FEMA: $205M Approved for Michigan Recovery From June Storms, Flooding

The federal government has approved nearly $205 million to help Michiganders with disaster-related needs stemming from the June 25-26 tornadoes, severe storms and flooding in Washtenaw and Wayne counties, FEMA says. That amount includes nearly $1.1 million in claims paid …

Great American Insurance Launches Product for Home-Based Businesses

Cincinnati, Ohio-based Great American Insurance Group launched a new product offering designed for home-based businesses. The new product, HomeHQ, is an expansion of Great American’s online offering for small business owners, PolicySweet. HomeHQ offers coverage for business liabilities that a …

Nicholas Slows, Dumps Rain Along Gulf Coast

Tropical Storm Nicholas slowed to a crawl over the Houston area on Sept. 14 after making landfall earlier as a hurricane, knocking out power to a half-million homes and businesses and dumping more than a foot (30.5 centimeters) of rain …

Insurance, Housing Groups Urge Renewal of Flood Program That Expires Sept. 30

The National Association of Mutual Insurance Companies, along with a large coalition of other insurance, lending and housing industry groups, is urging congressional leaders to avoid any lapse in National Flood Insurance Program coverage by renewing the NFIP before its …

Nominations for ‘Best Agencies to Work For’ Award Closes Tomorrow

Is your agency a Best Place to Work? Then nominate your agency as a “Best Agency to Work For” award today. The deadline tomorrow, September 16. To nominate your agency, you must be a current employee of the agency you …

The MGA Market Is Back, Confident and Ready to Expand

Having weathered the pandemic of 2020 and a Lloyd’s review of low performing syndicates, managing general agents and their insurer partners are in good spirits and expressing optimism about the business opportunities ahead. Despite the pandemic, confidence is recovering fast …

People Moves: AXA XL Promotes Innes to Lead Product & Airports, Aerospace; QBE Hires Besant for New Customer Officer Role; IGI Names Kaur Gill as APAC Financial Lines U/W

This edition of International People Moves details appointments at three insurance companies: AXA XL, QBE and International General Insurance Holdings. A summary of these new hires follows here. AXA XL Promotes Innes as Global Practice Leader – Products & Airports, …

P/C Mutual Insurers Continued to Grow Premiums in 2020 Despite Givebacks

U.S. P/C mutual insurance companies held their own in 2020 despite returning significant levels of premiums during the pandemic. In fact, net premiums written grew by 1.4 percent even with all the givebacks, according to a new AM Best report. …

Washington Troopers, Workers File Suit over Vaccine Mandate

Washington state troopers, prison correctional officers, ferry workers and other public sector employees have filed a lawsuit to try to overturn Gov. Jay Inslee’s COVID-19 vaccine mandate. The Northwest News Network reports the lawsuit filed by more than 90 workers …

Alera Group Acquires Fendley Benefits in Arizona

Alera Group acquired Fendley Benefits in Flagstaff, Ariz. Fendley Benefits joins Alera Group through Benefit Commerce Group, an Alera Group company based in Scottsdale. The Fendley Benefits team will continue serving clients in their existing roles. Terms of the deal …