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Professional Underwriting Group Launches Admitted Insurance Agents E&O Program

Professional Underwriting Group, Inc. is now offering an admitted program for insurance agent’s errors and omission insurance to qualifying insurance agents in Alabama, Arizona, California, Colorado, Florida, Georgia, Minnesota, Nevada, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, and Wisconsin. …

Reynolds Named President and CEO of Gulfstream P/C

Gulfstream Property and Casualty Insurance Co., a regional property carrier providing homeowners, renters, condominium and fire coverage in five states, has appointed industry veteran Douglas W. Reynolds as president and chief executive officer. Reynolds takes the helm from Kerry Ford, …

Florida PIP Report Shows Reduction in Rates and Fraud

Florida’s attempt to lower the cost of personal injury protection (PIP) automobile coverage is making progress as insurers’ rates have declined due in part to lower losses and fewer fraudulent claims. The Florida Office of Insurance Regulation released an annual …

Officials Confirm Weekend Tornado in Alabama

The National Weather Service is checking the damage from a weekend of rough weather in Alabama. Officials confirmed Monday that a weak tornado touched down in west Alabama in Hamilton on Saturday evening. A twister with 85 mph winds damaged …

Insurance Wholesaler Russell Bond Adds Finkelstein in Chicago

David R. Finkelstein has joined insurance wholesaler, Russell Bond & Co., as vice president of distribution and programs. Based in the Chicago area, Finkelstein will be responsible for management and expansion the existing business development efforts, as well as several …

Kluting Joins Arthur J. Gallagher Risk Management Services in Michigan

Arthur J. Gallagher Risk Management Services Inc., the U.S. retail property/casualty brokerage division of Arthur J. Gallagher & Co. has hired Steve Kluting in its Grand Rapids, Mich., office. In his new role as area vice president for Gallagher’s food …

Google Poised to Enter U.S. Auto Insurance Market: Report

Giant search engine Google, which already offers auto insurance online in the United Kingdom, could soon be selling auto insurance online in the U.S. Google Compare Auto Insurance Services Inc., its online auto insurance shopper, has been licensed to sell …

House Passes Hike in Obamacare Requirement to 40-Hours

The Republican-led U.S. House of Representatives voted on Thursday to ease Obamacare’s health insurance requirements for employers by approving the first of an expected series of bills aimed at weakening the overall healthcare reform law. Only 12 Democrats broke with …

U.K. Power Grid Under Cyber-Attack Every Minute; Government Hikes Defenses

The U.K. government is one step ahead of hackers trying to turn off the country’s lights — for now. The prospect of cyber-attacks on the nation’s power network is major threat to the country’s security, according to James Arbuthnot, a …

PartnerRe Establishes PartnerRe Asia

Partner Reinsurance Asia Pte. Ltd., a wholly owned subsidiary of PartnerRe Ltd., has been licensed by the Monetary Authority of Singapore to operate as a non-life and life reinsurer, capitalized in Singapore, according to an announcement from PartnerRe. As of …

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