May 2, 2023
Texas Mutual Insurance Company, the state’s leading provider of workers’ compensation insurance, announced today that its board of directors voted unanimously to approve a $340 million dividend distribution in 2023. Dividends will be distributed to an estimated 69,000 Texas business …
May 2, 2023
This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI) and Lockton Re. A summary of these new hires follows here. BHSI Promotes 2 Regional Leaders for Europe, Middle East Berkshire Hathaway Specialty Insurance (BHSI) announced …
May 2, 2023
DIXON, Ill. (AP) – Gertie Wadsworth was in the arms of her grandmother that bright day when sunshine dissolved distasteful memories of a long, brutal winter. Christan Goble held the 3 1/2-year-old girl in a crowd of more than 200 …
May 2, 2023
Laccūrō Solutions, which manages medical bill review and payment processes for payers in the property and casualty industry, has acquired Splashlight Solutions, a national workers’ compensation bill review service provider based in West Des Moines, Iowa. The purchase price was …
May 2, 2023
MGA DUAL North America Appoints 3 Industry Veterans for Leadership Roles DUAL North America Inc., a subsidiary of Howden Group, has appointed three industry veterans to leadership and key underwriting roles through promotion and new hires. Jim Jinhong was promoted …
May 2, 2023
The appellate division of New Jersey Superior Court has upheld a state trial court opinion that the war exclusion in drugmaker Merck & Co.’s all-risk property insurance policies does not apply in the case of the cyber attack that the …
May 2, 2023
Lawmakers from several western states want the U.S. Forest Service to do more to address a wildfire crisis that they say will surely destroy more landscapes, communities and livelihoods as long-term drought persists around the West. They grilled Forest Service …
May 2, 2023
Hub International Ltd. acquired the assets of The Wooditch Company Insurance Services Inc. in Irvine, California. The Wooditch Company team will join Hub LAOC. The Wooditch Company is a privately held commercial insurance, risk management and employee benefits services firm …
May 2, 2023
Leavitt Elite Insurance Advisors, part of the multi-state Leavitt Group, has merged with another North Carolina agency. Simmons Insurance Agency, with offices in Pilot Mountain and Mount Airy, was founded in 1973 and has been managed by Pam Morgan since …
May 2, 2023
BMS Group, the London-based independent specialist re/insurance broker, has acquired the Australian managing general agent GARD Insurance Pty Ltd., which includes ALE underwriting. The terms of the transaction have not been disclosed. GARD was founded in 2015 and provides public …