November 19, 2020
Intact Insurance Specialty Solutions, the brand for Intact Financial Corporation’s (IFC) U.S. insurance company subsidiaries, has launched cyber insurance options that will be offered in partnership with program manager Resilience Insurance. Through the new partnership, standalone cyber coverages coupled with …
November 19, 2020
T.H.E. Insurance Company (T.H.E.), an AXA XL insurance company and a McGowan Allied Specialty Insurance partner, has been upgraded to A+ (Superior)/XV by AM Best. This recent AM Best upgrade to A+ XV affirms the financial strength of AXA XL …
November 19, 2020
U.S. Administrator Claims has promoted Michael Goff to senior director to lead all claim operations. In addition to this promotion, the company has also hired Greg Whalen to be director of General Liability and Property Claims. Formerly the director of …
November 19, 2020
A Minnesota insurance agent has been charged with client theft of approximately $524,000, the U.S. Justice Department says. On Nov. 18, U.S. Attorney Erica H. MacDonald reported that John David Paulson, 56, is under federal indictment, charged with two counts …
November 18, 2020
U.S. President-elect Joe Biden has an opportunity to start fresh with China, a move that would benefit both nations, Maurice “Hank” Greenberg, chairman of Starr Insurance Companies, told Reuters on Wednesday. “President-elect Biden is no stranger to that problem,” Greenberg …
November 18, 2020
Just hours before another shutdown, a restaurant trade group sued on Nov. 17 to try to stop a ban on indoor dining, attacking the latest restrictions from Gov. Gretchen Whitmer’s administration in response to a wave of coronavirus cases. The …
November 18, 2020
Family members of a Black woman who was killed when a white police officer fired through a window of her mother’s Texas home have filed a wrongful death lawsuit against the officer and the city. The federal lawsuit was filed …
November 18, 2020
Jaskaran Singh Gill, of Tukwila, Wash., was charged in King County Superior Court in Washington with two counts of first-degree theft, one count of second-degree theft and four counts of filing a false insurance claim after an investigation by Insurance …
November 18, 2020
Peoria, Ill.-based RLI Corp. says Craig W. Kliethermes, current RLI Insurance Co. president and chief operating officer, will succeed Jonathan E. Michael as RLI’s chief executive officer, upon Michael’s retirement at the end of 2021. Michael has announced that he …
November 18, 2020
Two former Berkshire Hathaway companies have been hit with a $250,000 fine by Illinois regulators for selling unapproved workers’ compensation policies to small businesses. The Illinois Department of Insurance says Continental Indemnity Company and Applied Underwriters Inc. also overcharged some …