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Ohio’s AmVenture Insurance Agency Changes Name to Suracy Insurance Agency

AmVenture Insurance Agency Inc. (AmVenture) has changed its company name to Suracy Insurance Agency Inc. (Suracy). Suracy is located in Solon, Ohio. This name change marks the last stage in the company’s launch as an independent insurance agency after separating …

Bishop Joins Houston’s Insgroup as Sr. VP, Commercial Lines

Deborah Bishop joined Houston-based independent insurance agency, Insgroup, as senior vice president of Commercial Lines. In this role, Bishop leads the teams that service the firm’s commercial clients. She is responsible for managing the operational activities for the department through …

Sherman Named Branch Manager in J.M. Wilson’s Wisconsin Office

Surplus lines broker and managing general agent J.M. Wilson has added Ken Sherman as branch manager in its Madison, Wisconsin, office. He will plan the day-to-day operations of the Madison office, coordinate the staff, and work towards building relationships that …

Former Managers of Ohio Aluminum Plant Sentenced on Obstruction of Justice Charges

Two former managers of an Ohio aluminum plant have been sentenced to probation and ordered to pay thousands of dollars in fines after pleading guilty to charges of conspiracy to obstruct justice in an investigation into a worker fatality by …

Louisiana Homeowners Insurer, Gulf States, Acquires Coastal American Holdings

Lafayette, Louisiana-based Gulf States Holdings Inc. has acquired Coastal American Holdings Inc. and its subsidiary Coastal American Insurance Co. Coastal American’s home office is located in Gulfport, Miss. Terms of the transaction were not disclosed but included a stock and …

Typhoon Hagibis Likely to Cause Earnings Event for Japan’s Insurers: Fitch

Typhoon Hagibis is likely to be an earnings event for Japan’s three main non-life insurance groups, MS&AD Insurance Groups Holdings, Sompo Japan Nipponkoa Insurance and Tokio Marine & Nichido Fire Insurance Co. (TMNF), with no material effects on capital and …

Broker Aon to Move Jurisdiction of Incorporation to Ireland Due to Brexit

Insurance broker Aon plans to move its parent company’s jurisdiction of incorporation to Ireland from Britain due to Brexit, it said in a statement on Tuesday. New York-listed Aon will keep its operational headquarters in London and the switch of …

Ransomware Attacks Rise 37% in Q3, Targeting IT Vendors, Their Clients: Beazley

Ransomware attacks increased by 37% during the third quarter of 2019, compared to Q2, as cyber criminals target both IT vendors and their clients, according to data compiled by insurer Beazley. One-quarter (24%) of all ransomware incidents reported to Beazley …

Accredited Surety Unveils Program Underwriting Partnership for Western States

Accredited Surety and Casualty Co. Inc., a Florida-domiciled insurance company licensed to write admitted business in all 50 states, has entered into a new program partnership with M.G. Skinner & Associates Insurance Agency Inc. Accredited will be the issuing carrier …

PG&E Open to Extending California Wildfire Victim Claims Deadline

PG&E Corp. told a judge it’s willing to extend the deadline for victims of wildfires caused by the utility’s equipment to file claims in its bankruptcy. U.S. District Judge James Donato criticized the company at a hearing last week, saying …

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