Articles by Andrew G. Simpson

Simpson is a freelance writer and editor. He retired as Chief Content Officer for Wells Media Group in July, 2022 after 18 years with the company.

Insurance Broker Aon Drops Trump Organization

Insurance broker Aon has ended its business relationship with the Trump Organization, Insurance Journal has learned. The Trump Organization is the hotel, luxury residence and golf course business of the Trump family that is run by President Donald Trump’s sons, …

Goosehead Insurance Fires Employee Who Was at Jan. 6 Capitol Hill Riot

Texas-based personal lines insurance agency Goosehead Insurance has fired an employee who participated in the storming of the Capitol yesterday. According to a posting on Goosehead’s Twitter account, Paul Davis, who was associate general counsel, is no longer with the …

FEMA Buys $1.153 Billion of Reinsurance for Flood Insurance Program for 2021

The Federal Emergency Management Agency (FEMA) has once again procured private sector reinsurance from more than 30 carriers for the National Flood Insurance Program (NFIP) to protect the government program from large losses. Under the 2021 reinsurance program, FEMA transferred …

Top East Region Insurance M&As of 2020

The top M&A story of 2020 was a global story that captured more readers in every geographic region than any other. Since it was first announced in March, the proposed Aon-Willis merger remained the leading merger and non-merger insurance story …

Top South Central Region Insurance M&As of 2020

The top M&A story of 2020 was more a global than national story but it captured more readers in every geographic location than any other. Since it was first announced in March, the proposed Aon-Willis merger remained the leading merger …

Top Midwest Region Insurance M&As of 2020

The top M&A story of 2020 was more a global than national story but it captured more readers in every geographic location than any other. Since it was first announced in March, the proposed Aon-Willis merger remained the leading merger …

Top National Insurance M&As of 2020

The top M&A story of 2020 was more a global than national story but it captured more readers in every geographic location than any other. Since it was first announced in March, the proposed Aon-Willis merger remained the leading merger …

Genworth Eyes Partial IPO as $2.7B Deal with China Oceanwide Stalls

Genworth Financial and China Oceanwide Holdings Group Co. can’t seem to put the finishing touches on their agreement for Oceanworth to buy Genworth, a $2.7 billion cash deal that was first proposed in October 2016. The parties had originally hoped …

Insurance Leaders Among Those Urging Congress to Certify Biden Win Without Delay

Several leaders of the insurance industry joined nearly 200 New York corporate executives in a letter urging members of Congress to certify the election of Joe Biden as President without delay this week and support a smooth transition of power. …

Applied Underwriters Continues Major Expansion with D&O Unit Headed by AIG’s McGill

Fast-growing specialty lines insurer Applied Underwriters announced the creation of a U.S. based division of its Applied Financial Lines business unit to provide directors and officers (D&O) coverages in the U.S. The new D&O division will be under the direction …