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Valley Insurance Agency Alliance Adds McGee in Missouri

Valley Insurance Agency Alliance (VIAA), a network of over 100 independent insurance agencies in Missouri and Illinois, has hired Rikki McGee as an administrative specialist. In this position, McGee will maintain, expand and service the alliance’s accounts by providing administrative …

Mississippi Drug Overdose Deaths Reach Record High

Drug overdose deaths have reached a record high in Mississippi. The Clarion-Ledger reported that the at least 211 deaths in 2016 were the most in Mississippi’s history. Mississippi Bureau of Narcotics director John Dowdy says the number is derived from …

Florida CFO Atwater Submits Formal Resignation, Last Day Will Be June 30

Florida Chief Financial Officer Jeff Atwater is leaving his job at the end of the month. Atwater turned in his formal resignation letter to Gov. Rick Scott last week. Atwater announced back in February that he planned to step down …

Florida’s Citizens Approves Policy Changes, 5.3% Statewide Rate Increase for 2018

Homeowners in South Florida, as well as in many other parts of the state, should expect additional rate increases next year from the state-run insurer of last resort. Citizens Board of Governors approved recommended rates and policy changes for 2018 …

California Commissioner ‘Undeterred’ by Challenges to Climate Disclosure Initiative

California Insurance Commissioner Dave Jones responded to challenges to his calls for insurers to disclose their investments in fossil fuels. Oklahoma’s attorney general has sent a letter to Jones threatening legal action if that state continues with its policy of …

Oklahoma AG Threatens California Commissioner on Insurer Fossil Fuel Rules

Oklahoma’s attorney general has sent a letter to California’s insurance commissioner threatening legal action if that state continues with its policy of requiring insurance companies to publicly disclose investments in fossil fuels. Oklahoma’s Attorney General Mike Hunter maintains that California …

California Surplus Lines Don’t Want to be Left out of State’s Marijuana Regs

California’s surplus lines industry is trying to clear up the haze over a proposed regulation that would require medical marijuana businesses to purchase insurance only from admitted carriers. The regulation is one of several regulations under consideration at a series …

$6 Million Invested in New U.S. Wholesale Broker XPT Led by Veterans Ruggieri, Smith

London-based private equity firm B.P. Marsh & Partners has invested $6 million in a startup New York-based specialty lines insurance distributor that is headed by several well-known wholesale insurance executives. The management team at the new firm, which is named …

California Temporary Total Disability Rates for 2018 to Increase

California’s 2018 minimum and maximum temporary total disability rates will increase on Jan. 1, 2018, the state’s Division of Workers’ Compensation announced on Tuesday. The minimum TTD rate will increase from $175.88 to $182.29 and the maximum rate will increase …

Lending Club’s Dolan Joins Metromile in California as Chief Financial Officer

San Francisco, Calif.-based Metromile has named Carrie Dolan chief financial officer. Dolan is joining Metromile to help lead the company’s next phase of growth. Dolan most recently served as CFO of Lending Club, an online credit marketplace connecting borrowers and …

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