January 19, 2024
BISMARCK, N.D. (AP) — Bitter cold weather is causing a rash of spills in the oil fields of North Dakota as well as a slowdown in production, regulators say. North Dakota has seen multiple days of frigid weather with windchills …
January 19, 2024
Atain Names Dassow VP, Head of Primary Liability Atain Insurance Companies, headquartered in Farmington Hills, Mich., hired Tom Dassow as vice president and head of primary liability, leading Atain’s newly formed general liability brokerage unit. Most recently, Dassow led CM …
January 19, 2024
South Austin Nissan, a car dealership in Austin, Texas, operated by NICPA Central Auto Group, LLC, subjected female employees to sexual harassment and retaliated against employees when they reported the harassment the U.S. Equal Employment Opportunity Commission (EEOC) charged in …
January 19, 2024
GM Financial earlier this week said it is rebranding its OnStar Insurance to General Motors Insurance, with plans for market expansion. During 2023, the GM Insurance unit shifted from an agency model to a full-stack carrier, GM Financial said. The …
January 19, 2024
St. Petersburg-based American Coastal Insurance Corp. has named two to high-level positions in the company. Svetlana Castle is the new chief financial officer, starting Jan. 22, the company said in a press release. Castle, who holds a law degree and …
January 19, 2024
Tennessee health officials have confirmed at least 14 weather-related deaths from the icy storm that has gripped much of the country. Memphis-Shelby County Schools, the state’s largest public school system with about 100,000 students, canceled Thursday classes. The Tennessee Valley …
January 19, 2024
The Pennsylvania-based Keystone Agency Partners (KAP) insurance brokerage platform reported that it has secured an additional $330 million of financing. Apogem Capital led the financing which was significantly over-subscribed and jointly arranged by Crescent Capital, both existing lenders to KAP. …
January 19, 2024
Net income at The Travelers Cos. for the last quarter of 2023 about doubled compared to the same time last year to $1.6 billion on lower catastrophe losses and a return to profitable results in the personal insurance segment. The …
January 19, 2024
Allstate offered some preliminary details of factors that impacted fourth-quarter 2023 earnings—among them a $199 million non-catastrophe reserve charge. The carrier said the figure representing unfavorable prior year reserve reestimates, excluding catastrophes, included roughly $148 million related to personal auto …
January 19, 2024
This edition of International People Moves details appointments at Liberty Specialty Markets and HDI Global. A summary of these new hires follows here. Liberty Specialty Markets Names Bolaños as CUO, Moreno as President US, LatAm Liberty Specialty Markets (LSM), part …