December 8, 2016
JenCap Holdings LLC, a New York-headquartered consolidator of specialty insurance distribution and program management businesses, has agreed to acquire privately held NIF Group Inc. (NIF), a managed general agency, program administrator and wholesale insurance broker based in Manhasset, New York. …
December 8, 2016
The largest lobbying group for health insurers has asked U.S. lawmakers weighing the fate of Obamacare to push back the due date for 2018 individual insurance submissions to regulators in hopes of obtaining greater clarity on the program’s future later …
December 8, 2016
Government entities aren’t automatically blocked from releasing information such as the exact location of a crime to the public under a new victims’ rights constitutional amendment, Attorney General Marty Jackley said in a legal opinion released Dec. 5. Instead, victims …
December 8, 2016
An M6.5 earthquake jolted the northernmost area of Sumatra, Indonesia, on Dec. 7 at 5:03 a.m. local time, with nearly 100 fatalities and more than 600 injuries reported. The epicenter was 19 kilometers (11.8 miles) southeast of Sigli and 92.3 …
December 8, 2016
The 2016 Atlantic hurricane season concluded on Nov. 30 with 15 named storms generating seven hurricanes, three of which were considered major ones, according to the industry’s Insurance Information Institute (I.I.I.). The National Oceanic and Atmospheric Administration (NOAA) said it …
December 8, 2016
Brit Ltd., the London-based specialty insurer, announced the appointment of Matthew Wilson as group chief executive officer, effective Jan. 1, 2017. Upon Wilson’s appointment, which is subject to regulatory approval, Mark Cloutier, the current group CEO, will become executive chairman …
December 8, 2016
Efma and Accenture have issued a joint call for entries for the second annual Innovation in Insurance Awards, with insurance and bancassurance companies invited to submit their entries by March 8, 2017. The Innovation in Insurance Awards are a global …
December 8, 2016
Rob W. Eppers, co-owner and chief operating officer of Risk Services of Louisiana, has been elected chair of the Agent Advisory Committee at the policyholder-owned medical professional liability insurer, LAMMICO. Eppers moved to Shreveport in 2010 to join Risk Services …
December 8, 2016
Authorities have identified the two adults and two girls killed in a fire at a home in Ohio that apparently lacked smoke detectors, and they’re considering whether the rental property’s owner should be cited. Firefighters say an Akron ordinance requires …
December 8, 2016
The deadline for Louisiana property insurance policyholders to file for the refundable 2012 Louisiana Citizens Property Insurance Corporation (Citizens) assessment is Dec. 31, 2016, the state’s insurance department announced. The Citizens assessment is to pay off bonds issued by Citizens …