Yearly Archives: <span>2023</span>

Texas Sues VA Claims Insider for Deceptive Trade Practices Targeting Veterans

Texas Attorney General Ken Paxton has sued VA Claims Insider, LLC, (VACI) for engaging in deceptive trade practices to defraud veterans seeking disability benefits from the U.S. Department of Veterans Affairs. VA Claims Insider is a for-profit business selling memberships …

Texas Mutual President Jeanette Ward Honored with 30-Year Milestone and Yellow Rose of Texas Award

Texas Mutual President and CEO Jeanette Ward recently celebrated two significant achievements with the Texas Mutual board and members of its executive council. On November 17, Ward reached 30 years with Texas Mutual and the governor’s office recognized this achievement …

Missouri’s Denali Specialty Expands Investor Property Program to Include Student Housing

Denali, a wholesale insurance specialist, announced that its Investor Property Program has grown to include student housing. The expansion of Denali’s package insurance for investor properties is well timed. Limited housing supply and high demand at U.S. colleges and universities …

OneDigital Acquires Ohio’s RiskSOURCE

OneDigital, an insurance brokerage, financial services and HR consulting firm, has acquired RiskSOURCE Clark-Theders, a property & casualty firm based in Cincinnati, Ohio. RiskSOURCE, founded in 1977 and licensed in 46 states, specializes in customized risk management and insurance solutions …

Ryan Specialty Forms International Financial Lines MGU Ryan Financial Lines

Ryan Specialty said it has formed an international financial lines managing general underwriter (MGU), Ryan Financial Lines. This MGU is being created by unifying the operations of EmergIn Risk, led by Jamie Bouloux; StartPoint Executive Risks, led by Mark Peeters …

Crypto, Insurance-Linked and Trend Hedge Funds Most Popular With Investors: Report

Trend-following and niche hedge funds that trade crypto currencies and insurance-linked assets attracted most new investor money in the first three quarters of 2023, according to a global report by research firm Preqin on Wednesday. Hedge funds making use of …

Tech Update: Chubb and NetSPI Launch Cyber Protection Partnership

Chubb announced a collaboration with NetSPI, a global provider proactive security. The pairing is designed to strengthen clients’ cyber-risk profiles with enhanced attack surface management and penetration testing solutions. According to a press release, Chubb policyholders in the U.S. and …

Former Georgia Insurance Agent Wanted on Charges of Pocketing Premium Payment

A former Georgia insurance agent was missing Wednesday after he was charged with diverting a premium payment to his own bank account. Michael Durrell Preston Jr., 42, of Woodstock and Canton, was charged with insurance fraud and forgery, the Georgia …

Heart of Hawaii’s Historic Lahaina Reopens to Residents and Business Owners

The heart of Lahaina, the historic town on the Hawaiian island of Maui that burned in a deadly wildfire that killed at least 100 people, reopened this week to residents and business owners holding day passes. The renewed access marks …

Agency E&O Webinar: Panelists Discuss Changing Exposures, AI & More

While today’s insurance agency errors and omissions market remains mostly stable, emerging exposures, cyber risk, natural disasters and more could shape its course ahead. Insurance Journal gathered three experts to share their perspectives on the market’s latest developments and outlook …