Waldorf Trade Risk, LLC (WTR), an insurance program administrator specializing in trade credit risk, has launched ReceivaSure, an accounts receivable insurance program for small- and medium-sized companies built on an end-to-end digital underwriting platform capable of processing most quotes in …
New Mexico’s Bernalillo County will pay almost $2 million to settle a series of lawsuits stemming from a deputy’s 2017 fatal shooting of two unarmed suspects. KRQE-TV reports the county will make a $1.75 million payout to resolve litigation in …
Wisconsin’s new insurance commissioner, Mark Afable, has made three additional appointments to the Office of the Commissioner of Insurance’s (OCI) leadership team Nathan Houdek has been tapped to serve as deputy commissioner. In that role, Deputy Commissioner Houdek will be …
Athens Administrators, a provider of third-party claims administration services, has tapped Catharine Knight as its new Texas sales director. Knight has more than 25 years in the healthcare and insurance industry as an all-lines adjuster, a sales director for ancillary …
AM Best has upgraded the Financial Strength Rating to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Ratings to “bbb” from “bbb-” for the members of the Oklahoma Farm Bureau Group: Oklahoma Farm Bureau Mutual Insurance Co. and …
AM Best has upgraded the Financial Strength Rating to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Rating to “bbb” from “bbb-” of Northwest G.F. Mutual Insurance Co. (NWGF), a small farm and personal lines insurer in Eureka, …
Appalachian Underwriters Inc. (AUI) has hired four workers’ compensation underwriting professionals in its St. Peters, Missouri, office. Tara Regan-Collins, senior underwriter, is a seasoned insurance professional, previously working with another national managing general agent (MGA) where she was senior underwriter. …
Risko Strategies LLC, a Houston-based boutique risk advisory/insurance agency, has introduced Sportify, a contingency insurance policy for elite high school and college student-athletes, underwritten at Lloyd’s of London. The company said the product protects the athletic scholarship offers should a …
Technology-driven health plan Oscar has named former American International Group executive Sid Sankaran as its new chief financial officer. Sankaran, who will join Oscar on March 1, was named chief financial officer at AIG in December 2015 in an executive …
In 2018 fourth quarter, global insurer Chubb saw a surge in catastrophe losses, along with growth in premium revenue, better global property/casualty pricing and record net investment income. The insurer booked $355 million in net income compared to more than …
