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Another Severe Storm Threatens Philippines Just Days After Super Typhoon Goni

The Philippines is bracing for a severe tropical storm that’s expected to hit its northern tip days after Super Typhoon Goni left. Storm Atsani will likely strengthen into a typhoon with peak intensity of 120 kilometers per hour as it …

K2 Financial Receives Additional Capacity from Chaucer

K2 International (K2), the specialty insurance and reinsurance underwriting platform, announced it has secured additional capacity support from Chaucer, the specialty re/insurance group. The agreement, which is effective from Nov. 1, 2020, will allow K2 Financial to provide significant capacity …

Insurer RSA Says Pandemic Exclusions Will Limit Impact of England’s 2nd Lockdown

England’s second national lockdown is unlikely to have much impact on insurer RSA as many policies now have pandemic-related exclusions, its CEO said on Thursday as it reported a rise in underwriting profit in the first nine months. England started …

Hyperion Insurance Group Rebrands as Howden Group Holdings

Hyperion Insurance Group announced that it has changed its name to Howden Group Holdings, effective immediately. The group was founded in 1994 as Howden Pangborn. The Hyperion name came into existence after the launch of the group’s underwriting business DUAL …

Threat of U.S. Insurance Regulatory Crackdown Fades Without Democratic ‘Blue Wave’

Insurers appear to have dodged a revival of strict regulations and policy upheavals after an anticipated Democratic “Blue Wave,” which would have allowed progressives to push for broad reforms, failed to materialize on Wednesday, said industry executives. The U.S. presidential …

Garateix Promoted to CEO of Heritage Insurance as Lucas Steps Down

Heritage Insurance Holdings, Inc., a super-regional property and casualty insurance holding company, has announced Ernie Garateix, the company’s chief operating officer, has been promoted to chief executive officer and will join the board of directors, effective Nov. 30, 2020. Bruce …

MJ Hall & Co. Adds Scottish American’s Buchanan in California

MJ Hall & Co. has named Stephanie Buchanan a lead broker specializing in commercial lines in the Stockton, Calif., office. Buchanan joins the team with experience in commercial lines brokerage, social media and marketing. She previously spent four years as …

Capital Insurance Group in California Names Doll President and CEO

Monterey, Calif.-based Capital Insurance Group has named Andy Doll president and CEO. Doll will take the helm of CIG beginning Jan. 1, 2021. Doll currently serves as senior vice president and chief operating officer at CIG. The move follows the …

Texas Urging Safety as 20 Year Anniversary of Daily Traffic Deaths Nears

Texas will soon reach its 20th year of daily deaths on its roadways, according to the Texas Department of Transportation. On Nov. 7 Texas will mark the loss of more than 70,000 innocent lives to preventable fatal crashes during the …

LSU Frat Member Faces Hazing Charges; Victim Hospitalized

A fraternity member was arrested on Nov. 2 on charges including hazing in connection with an incident that reportedly hospitalized a Louisiana State University freshman. University police arrested Phi Kappa Psi member Terry Pat Reynolds II on charges of criminal …

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