December 9, 2021
In the past year, the southwestern Louisiana city of Lake Charles weathered two hurricanes, intense rainfall that sent water gushing down streets and a deep freeze that burst pipes. Yet Tommy Eastman may eventually drop coverage on his four-bedroom home …
December 9, 2021
For the first time in almost a decade, a new insurance carrier is wading into the troubled Florida waters, and is expected to make take-out offers to more than 42,000 Citizens Property Insurance policyholders. VYRD Insurance Co., based in St. …
December 9, 2021
One of the largest U.S. health insurance companies and its branches in Nevada were found liable for $60 million in punitive damages for underpaying out-of-network emergency medical providers. A state court jury said three plaintiffs headed by urgent care staffing …
December 9, 2021
A Snohomish, Washington, insurance agent was sentenced to two years in prison after pleading guilty to wire fraud in the theft of premium payments from clients. Vicki Boser, owner of InsuranceTek, Inc., pleaded guilty in August. At her sentencing Tuesday, …
December 9, 2021
Risk Strategies acquired Fournier Group in Portland, Oregon. Fournier Group is a commercial and personal lines retail insurance agency led by President Greg Kuhns. In 2018, Fournier Group acquired Aircraft & Marine, an aviation insurance agency in Washington. It acquired …
December 9, 2021
Liberty Mutual Insurance plans to appoint Kim Garland as president of State Auto Financial Corp. following the completion of Liberty Mutual’s pending acquisition of State Auto. The deal is expected to close in 2022. Garland is currently senior vice president …
December 9, 2021
This edition of International People Moves details appointments at brokers Willis Towers Watson and Tysers. A summary of these new hires follows here. WTW Promotes Rourke to UK Head of P/C Pricing, Product, Claims and Underwriting Willis Towers Watson has …
December 9, 2021
Maryland Insurance Commissioner Kathleen A. Birrane is warning Marylanders, particularly small transportation business owners, that Bethesda-based Phillip Johnson Family Insurance Agency LLC (PFI) and its lead agent Jackline Adedoyin are not authorized to market or sell insurance in the state. …
December 9, 2021
Two people suffered life-threatening injuries and dozens of people have been displaced after a fire broke out at a Herndon apartment building, Fairfax County fire officials said. Firefighters responded to the apartments on Park Avenue on Thursday evening and found …
December 9, 2021
Risk Strategies, a national specialty insurance brokerage and risk management firm, acquired full-service insurance and employee benefits agency Meeker Sharkey & Hurley. Terms of the deal were not announced. Meeker Sharkey & Hurley provides consultative risk management and insurance services …