International insurance and reinsurance company DARAG and U.S.-based acquisition specialist SOBC have formed a joint venture with SOBC DARAG in Delaware to support DARAG’s expansion into the U.S. and Bermuda/Caribbean run-off markets. SOBC DARAG’s first acquisition will be Peachtree Casualty …
Vault, an insurer focused on the high net-worth personal insurance market, has officially opened for business in South Carolina. Vault offers insurance coverage and services for high-value homes, art, jewelry, cyber and personal excess liability coverage. Vault’s business model, built …
Washington Insurance Commissioner Mike Kreidler has named AnnaLisa Gellermann chief deputy commissioner. She begins Aug. 27. Gellerman is currently the deputy commissioner for the policy and legislative affairs division. She joined the insurance commissioner’s ofice in 2013 as the deputy …
Paula Downey, president and CEO of CSAA Insurance Group in California since 2010, will retire following a search for her successor. Downey recently led the AAA insurer through a six-year infrastructure transformation. She was in the insurance business for 45 …
Woodland Hills, Calif.-based Farmers Insurance has named Paul Wilson the new chief information officer. Wilson will serve as a member of the insurer group’s senior leadership team and oversee the development and application of all strategic IT initiatives. Wilson joins …
California Insurance Commissioner Dave Jones has approved a license for States Title, the first insurtech title insurer licensed and domiciled in California. States Title Insurance Company of California will use data-driven technology to predict the risk and severity of a …
Technology does a lot but it can’t do everything. Sometimes insurance agents and other business people forget that. They become so dependent on email and social media that they lose sight of what people really need from them. Yes, clients …
A New York man charged in the killing of his girlfriend’s mother for insurance money has pleaded guilty. WHEC-TV in Rochester reports Knowledge Couser entered his plea Thursday to murder charges in connection with the death of 52-year-old Julie Martin. …
The father of a man killed in a St. Louis, Mo. police shooting has filed a wrongful death lawsuit. The St. Louis Post-Dispatch reported that the federal lawsuit alleges that Mansur Ball-Bey was unarmed in August 2015 when he was …
Authorities say storms have damaged trees, downed power lines and churned up at least one small tornado in southwest Missouri. National Weather Service meteorologist Drew Albert says an EF-0 tornado has been confirmed near Diggins in Webster County. It uprooted …
