News

HIIG Adds Public Company D&O Coverage, Picks AIG’s Bujosa to Lead

Houston International Insurance Group, Ltd., has expanded its management liability coverage offerings to include an excess public D&O (Directors and Officers) product. As part of this expansion, the company hired underwriter Peter Bujosa, as Public D&O lead. Bujosa previously worked …

Texas Seeks Comments on Windstorm Insurer Rules, Classification for Oil, Gas

The Texas Department of Insurance (TDI) seeks comments on an informal draft to improve the structure of Texas Windstorm Insurance Association (TWIA) rules. These updates do not include revisions to the rule text. Visit the TDI website to view the …

Erratic Tropical Storm Eta Makes Landfall on Florida’s West Coast

Tropical Storm Eta made landfall on Florida’s west coast Thursday, bringing heavy rain and gusty winds to northern parts of the peninsula. Eta came ashore near Cedar Key at 4 a.m. New York time, with maximum sustained winds of 50 …

Frank Winston Crum Expands GL, Excess Programs into N.C., S.C., Tenn.

Frank Winston Crum Insurance (FWCI) has launched general liability and excess liability insurance programs in North Carolina, South Carolina and Tennessee to coincide with its previously available worker’s compensation program. The general liability program serves a niche contractor market and …

Alabama Auto Part Maker Pleads Guilty in Worker Death, Will Pay $1.5M Fine

A judge on Monday ordered an auto parts manufacturer to pay $1.5 million after admitting violating federal safety standards before a worker was crushed to death by a robotic machine. The Department of Justice announced the company pleaded guilty to …

Schrage Named Sales Development Coach at Valley Insurance Agency Alliance

St. Louis, Mo.-based Valley Insurance Agency Alliance (VIAA), a network of more than 130 independent insurance agencies in Missouri and Illinois, has appointed AJ Schrage as its sales development coach. Schrage will develop and assist with the marketing efforts for …

World Insurance Associates Acquires Alliance Insurance in Kansas

World Insurance Associates LLC (WIA) has acquired LIA Great Bend Inc. (d/b/a Alliance Insurance Group) (Alliance) of Salina, Kan. Terms of the transaction were not disclosed. Led by CEO Cody Smith, Alliance is a full-service insurance agency that provides property/casualty …

Fire, Explosions Shut Down Production at Texas Smoked Turkey Facility

A company in eastern Texas that sells about 200,000 smoked turkeys every holiday season was forced to shut down after a fire and at least two explosions destroyed part of the facility. Greenberg Smoked Turkey Inc. in Tyler, Texas, will …

Milwaukee Bucks Player Brown Agrees to $750K Settlement Over Arrest

Milwaukee Bucks guard Sterling Brown and the Milwaukee city attorney have agreed to a revised $750,000 settlement of a lawsuit Brown filed after getting taken to the ground, shocked with a Taser and arrested during an encounter with police in …

FEMA to Louisiana Homeowners: Don’t Pay Company for Blue Roof Tarps

The Federal Emergency Management Agency is letting homeowners know that its Operation Blue Roof is free, and they should let authorities know if any company tries to make them pay. The program installs tarps on damaged roofs to waterproof them …

News Archives by Month