Kori Johanson JD has been named to the Surplus Lines Stamping Office of Texas (SLTX) board of directors as an industry representative with a term ending Dec. 31, 2022. She assumes the vacancy of previous board member Kyle Streetman, whose …
Lyft Inc is putting together a council of experts to advise the ride-hailing company on its safety initiatives for riders and drivers, it said in a blog post on Tuesday. The Safety Advisory Council will include representatives from the Rape, …
A food production company based in Chesterfield Township, Mich., will pay $125,000 to settle a sexual harassment and retaliation lawsuit, federal officials said. According to the lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), Safie Specialty Foods Company …
Columbus, Ohio-based Branch has launched statewide in Missouri, offering home and auto insurance. Branch said using technology and automation it has developed a way to bundle home and auto insurance with just two questions, name and address. Now customers can …
CFC, the specialist managing general agent, announced it has acquired the London-based insurtech firm, ThreatInformer. Leveraging a combination of artificial intelligence and machine learning, ThreatInformer’s data enrichment technology helps insurance companies better understand their customers’ exposures by compiling readily-available information …
In today’s landscape, forward-thinking agencies and brokers should avoid taking a one-size-fits-all approach by only targeting the general insurance market. The market is heading toward specialization, and the next step to insurance industry success is identifying a niche. It may …
Insured losses from major natural catastrophes in 2019 totaled roughly $53.0 billion, about 18% lower than the annual average since 2011, according to a report from Willis Re. This figure compares with Aon’s recently released total of $71 billion for …
Strong quarterly and full year 2019 results for Travelers Cos. were helped by lower catastrophe losses and premium hikes. Net income rose to $873 million in the fourth quarter ended Dec. 31 from $621 million for the same period in …
A town in Wyoming has settled a civil rights lawsuit filed by a former town employee who accused his supervisor of allegedly calling him racial slurs before firing him. The town of Evansville will pay $90,000 to former employee Roy …
Sompo International Holdings Ltd., a Bermuda-based specialty property and casualty re/insurer, announced that Julian James will soon join the organization to lead the London market and international insurance platforms. Subject to regulatory approval and after a short period of transition, …
