Standard & Poor’s said it does not expect state legislators to succeed in their efforts to retroactively expand business interruption insurance coverage for COVID-19-related losses. The reason: An expectations of fierce insurance industry-fueled legal challenges. “We are taking the initial …
Fisher Brown Bottrell Insurance, Inc., an independent insurance agency and subsidiary of Trustmark National Bank, has acquired Boyles Moak Insurance Services and Creative Benefit Solutions. Founded in 1893 and headquartered in Ridgeland, Mississippi, Boyles Moak Insurance Services provides auto, home, …
A subsidiary of BRP Group Inc. has acquired the assets comprising the risk assessment and consulting business of Pendulum LLC, an Albuquerque, N.M.-based firm. The business acquired from Pendulum generated annual revenues of approximately $2.0 million. Pendulum will continue operating …
Washington Insurance Commissioner Mike Kreidler extended his emergency order to Washington health insurers for 30 days, requiring them to waive copays and deductibles for any consumer requiring testing for coronavirus. Insurers also must continue: Allowing a one-time early refill for …
Aon reaffirmed its commitment to the acquisition of Willis Towers Watson in a report of its first quarter results. “Our Aon United Strategy and pending combination with Willis Towers Watson are more important than ever as we focus on accelerating …
Florida’s restaurants and retail stores will be allowed to reopen Monday at 25% capacity, if the local government allows it, Gov. Ron DeSantis announced Wednesday, as the state begins the slow climb from the economic abyss caused by the coronavirus. …
Third Coast Underwriters (3CU), a national workers’ compensation insurance company, is expanding into Florida and Wisconsin. With the expansion, the company will offer its workers’ compensation coverage in 21 states. Under the direction of Mike Valiante, vice president of Business …
Wholesale insurance broker and underwriting manager, Burns & Wilcox, has added Laura McCormick to its leadership team. McCormick joins Burns & Wilcox as regional practice group leader, Professional Liability for the Southern U.S. Region, based out of the Dallas/Fort Worth …
Prosecutors have charged a 42-year-old man accused of setting fire to a Missouri mosque on April 24 with a hate crime and other counts. Nicholas Proffitt, who spent time in prison for defacing the Islamic Center of Cape Girardeau more …
DeRidder, Louisiana-based workers’ compensation insurance company, Amerisafe Inc., has reported a first quarter profit of $10.8 million. The company posted revenue of $79.2 million in the period; adjusted revenue was $86.9 million. Gross premiums written in the first quarter of …
