USG Insurance Services Inc., a national wholesaler and managing general agency, has hired Cody Kinkaide as a producer/broker for Commercial Lines in the Philadelphia, Penn., branch. Kinkaide joins the USG team with seven years of insurance experience, most recently with …
Smith Brothers Insurance has acquired New York-based independent insurance broker Shank & Falvey Insurance, with locations in East Greenbush and Kinderhook. The acquisition expands Smith Brothers’ footprint in upstate New York and allows Shank & Falvey to maintain local presence …
The National Highway Traffic Safety Administration (NHTSA) said it would not grant a petition seeking a formal review of 662,000 Tesla vehicles for claims of sudden unintended acceleration (SUA). The U.S. auto safety regulator said its review of the December …
New Dawn Risk, the international specialist insurance intermediary, announced the launch of a new division focused on the UK market. It will provide liability and specialty solutions direct to insurance buyers, as well as partner with UK regional brokers looking …
SYDNEY/JAKARTA – Indonesia’s poor air safety record is again in the spotlight after a Sriwijaya Air jet carrying 62 people crashed into the Java Sea minutes after take-off on Saturday, marking the country’s third major airline crash in just over …
MJ Insurance has hired Holden Crossland as employee benefits consultant, Branden Bushelle as database analyst and Matthew Young as risk transfer specialist at the independent agency’s Indianapolis headquarters. As an employee benefits consultant, Crossland will consult with existing and prospective …
InterWest Insurance Services has acquired Sierra Gold Insurance Services in Nevada City, Calif. Terms of the deal were not disclosed. Sierra Gold was founded in 1997 and specializes in commercial, personal, surety bonds and employee benefits insurance programs. InterWest is …
BevCap Management, LLC (BevCap), an alternative risk program manager with captives domiciled both on and offshore, has formed HatterasRe, LTD, an onshore domiciled captive insurer for BevCap Health’s proprietary Medical Stop Loss program. The new captive will be domiciled in …
The risk management society RIMS announced that Ellen R. Dunkin will lead the organization as president for the 2021 term, which began January 1. Dunkin is the senior vice president, general counsel and chief risk officer for Amalgamated Life Insurance …
COPENHAGEN, Denmark (AP) – A landslide that swept away homes in a residential area north of the Norwegian capital will cost insurance companies at least 900 million kroner ($107 million), a financial body said Thursday. Seven people were killed and …
