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QBE North America Forms Alliance with MGA Professional Risk Facilities

QBE North America, an operating division of QBE Insurance Group Ltd., announced a strategic program underwriting alliance with managing general agent Professional Risk Facilities (PRF), designed to offer coverage for miscellaneous errors & omissions (E&O) cover, media liability, tech E&O …

Aon Completes Acquisition of Dutch Broker Unirobe Meeùs Groep

Aon Groep Nederland announced it has completed its acquisition of Unirobe Meeùs Group (UMG) from Aegon for €295 million (343.4 million). The acquisition encompasses the whole of Unirobe Meeùs Group, said Aon, noting that on completion Aon will be the …

Aetna Keeps Quiet About Reported CVS Merger Talks; Net Income Rises 39%

U.S. health insurer Aetna Inc failed to provide any hints on reported merger talks with CVS Health Corp when discussing quarterly results on Tuesday and laid out obstacles to 2018 earnings growth, sending its shares lower. The company reported a …

Swiss Re Names Richards as Head Casualty Reinsurance; Parton as Head P/C Business Mgmt.

Swiss Re has appointed Jason Richards as head Casualty Reinsurance. At the same time, Nicola Parton was named head P/C Business Management, and James Shepherd was appointed head of L&H Business Management. Richards will lead the Casualty Reinsurance team, starting …

Florida Woman Has SUV Driven Into Lagoon For Insurance Money

Authorities say a Florida woman had her SUV driven into Grand Lagoon and then pretended the vehicle had been stolen. The News Herald of Panama City reported Saturday that 65-year-old Debra Jenkins was charged with insurance fraud. She was arrested …

Florida City Settles Wrongful Death Suit at Zombicon Festival for $40K

A Florida city has agreed to pay $40,000 to settle a wrongful death lawsuit for a mass-shooting at a Zombie-themed festival. The News-Press reports that the Fort Myers City Council passed the settlement for 20-year-old Expavious Taylor’s estate without comment …

Kentucky Emergency Management Building Badly Damaged by Fire

A fire has significantly damaged the emergency dispatch and ambulance services building in a Kentucky county. Elliott County Emergency Management director Jim Skaggs tells news outlets the fire started on Monday sometime between 12 a.m. and 1 a.m. Skaggs says …

Paragon Insurance Holdings Adds Schmidt as Pest Control Program Underwriter in Florida

Paragon Insurance Holdings, LLC, a national multi-line specialty program manager, has added Justin Schmidt to the Paragon team as Program underwriter. He will be based in Orlando, Fla. According to Ron Ganiats, Paragon managing partner, Schmidt will lead Paragon’s Pest …

Farmers Files Trade Secrets Suit in California Against Auto Club Michigan, Former Employees

Farmers Insurance has filed a lawsuit in California against a pair of former employees and the Automobile Club of Michigan alleging the theft of trade secrets. The suit alleges violations of the California Trade Secrets Act, unfair competition, breach of …

Insured Losses from California Wildfires Now at $3.3 Billion

The largest California insurers have so far reported more than $3.3 billion in insured losses from the October wildfire siege, now considered the most destructive fires in state history. Insurance Commissioner Dave Jones on Tuesday updated insured loss claims data …

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