June 30, 2022
PCF Insurance Services acquired Utah-based property/casualty managing general agent United Underwriters. United Underwriters offers agencies across the Western United States P/C MGA services and programs including homeowners, renters, dwelling, commercial, personal umbrella, earthquake and auto insurance. Lehi, Utah-based PCF is …
June 30, 2022
There is overwhelming public support across the globe for using renewable energy, according to a new survey out from the Yale Program on Climate Change Communication. The international survey was published on Wednesday. It was conducted in partnership with Data …
June 30, 2022
It may seem a minor point to some, but it’s fundamental to the American system of justice, advocates said: It’s up to a jury – not a judge – to decide what is considered an “official act” by a state …
June 30, 2022
This edition of International People Moves details appointments at AXA XL, BMS and WTW. A summary of these new hires follows here. AXA XL Promotes Dores to CUO, Int’l Financial Lines – APAC & Europe AXA XL Insurance announced it …
June 30, 2022
Families of children and teachers killed in last month’s Texas school massacre face a formidable legal battle if they decide to sue the gun maker whose AR-15 semiautomatic rifle was used in the attack. That doesn’t mean they can’t win. …
June 30, 2022
Marsh announced today several enhancements to directors and officers liability (D&O) insurance offerings that could enable more clients to benefit from superior environmental, social, and governance (ESG) frameworks. The move signals a greater willingness among D&O underwriters to recognize organizations …
June 30, 2022
Donegal Names Sponic to Lead Personal Lines David W. Sponic has been named senior vice president of personal lines by Donegal Insurance Group. Sponic succeeds Jeff Jacobsen, who the company said will transition into an advisory role leading up to …
June 30, 2022
Wholesale broker Risk Placement Services (RPS) said more than 20 new insurance companies and managing general agents have entered the excess & surplus marketplace over the last couple of years – and they may be more aggressive than incumbent insurers. …
June 30, 2022
Spot, an Austin, Texas-based tech startup offering on-demand injury insurance, announced it has raised $33 million in funding, including $25 million in equity and $8 million in debt. The round was led by Ensemble VC, with participation from Sozo Ventures …
June 30, 2022
Total insurer combined losses and expenses incurred in 2021 were $13.1 billion, or 96% of calendar year premium, compared with $12 billion in 2020, according to a report released today. The Workers’ Compensation Insurance Rating Bureau of California’s report released …