December 17, 2019
The future of another Florida domestic insurer is now in the hands of state regulators. Non-standard private passenger auto insurer Windhaven Insurance Co. (WIC), based in Miami, has been placed into rehabilitation by a Florida court and the Florida Department …
December 16, 2019
Bermuda’s insurance market gains reciprocal status with the U.S. as of Jan. 1, 2020, something that industry and business groups there are celebrating as they countdown to the new year. Reciprocal status will make Bermuda on par with the U.S., …
December 16, 2019
Michael Zendejas, 47, of Turlock, Calif., was sentenced to 180 hours of community service, three years formal probation and ordered to pay $944,718 in restitution after pleading no contest to insurance fraud for under reporting payroll by roughly $4.9 million …
December 16, 2019
Walnut Creek, Calif.-based CSAA Insurance Group has named Andrea Hecht executive vice president and chief financial officer, and promoted Chief Risk Officer Jeff Huebner to executive vice president. Hecht leads the company’s finance division and is responsible for the accounting, …
December 16, 2019
Burns & Wilcox has named Michelle Clark a managing director in Denver, Colo. Clark oversees the day-to-day operations of the Denver team and leads the office’s growth strategy. She has more than 25 years of experience in the insurance industry. …
December 16, 2019
During Pope Francis’ recent visit to Japan, Harumi Suzuki stood where his motorcade passed by holding a sign that read: “I am a survivor.” Katsumi Takenaka stood at another spot, on another day, holding up his banner that read, “Catholic …
December 16, 2019
A federal judge has restricted Arkansas from enforcing a law that bans using terms such as “burger” or “sausage” to sell vegetarian and vegan products. U.S. District Judge Kristine Baker granted a preliminary injunction preventing the state from enforcing the …
December 16, 2019
Agriculture producers in some Louisiana parishes now may be eligible for assistance from the federal government due to losses from Hurricane Barry, the state’s agriculture commissioner reported. Louisiana Agriculture and Forestry Commissioner Mike Strain, D.V.M., said the U.S. Department of …
December 16, 2019
USI Insurance Services (USI) has acquired the Omaha, Nebraska-based benefits, retirement and risk management advisory firm, Marcotte Insurance Agency Inc. Terms of the transaction were not disclosed. Founded in 1927, Marcotte is a premier, multi-line insurance agency that has been …
December 16, 2019
Officials announced that no data was held for ransom and that a recovery operation is getting underway after a cyberattack a day earlier triggered a shutdown of city government computers in New Orleans. Chief Information Officer Kim LaGrue, speaking at …