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News – Insurance Journal
Parents of Indiana Girl Sue City After She Drowns in Pool
The parents of a 5-year-old girl who drowned last summer in a southwest Indiana city’s swimming pool are suing the city and the child’s foster parent, accusing them of negligence in her death. The lawsuit filed Dec. 3 in Gibson …
POSTED DECEMBER 07, 2021 5:48 PM |
People Moves: Branch Names Brizard CBO; Hagerty Adds Ignoto
Branch Names Brian Brizard Chief Business Officer Branch, a full-stack insurance company, has hired Brian Brizard as chief business officer. As Branch continues its nationwide expansion, Brizard’s hiring marks a major investment to the commercial end of Branch’s business and …
POSTED DECEMBER 07, 2021 5:34 PM |
Hub Acquires Texas-Based Cameron Investment Company
Hub International Limited (Hub), a global insurance brokerage and financial services firm, has acquired Cameron Investment Company, Inc., d/b/a Shepard Walton King Insurance Group (Shepard Walton King). Terms of the transaction were not disclosed. Headquartered in McAllen, Texas, Shepard Walton …
POSTED DECEMBER 07, 2021 5:18 PM |
People Moves: Kentucky’s Big I; Berkshire’s Life Sciences
Big I of Kentucky, the association of independent insurance agents in the state, has elected Kevin Desmond as chairman. Desmond, who is president of Desmond Insurance in Bellevue, has been active on the Big I board and committees since 2016, …
POSTED DECEMBER 07, 2021 4:33 PM |
Study: No Intentional Racial Bias in Washington Patrol Traffic Stops
A study from Washington State University found no intentional racial bias in traffic stops by the Washington State Patrol, however it noted disparities in traffic stops involving Black and Hispanic drivers. KOMO reports the study conducted by WSU’s Division of …
POSTED DECEMBER 07, 2021 4:10 PM |
Evacuation Orders Lifted for Central Colorado Wildfire
Firefighters made progress containing a 15-acre wildfire in a central Colorado mountain community as authorities lifted evacuation orders Monday for residents who were forced to leave their homes a day earlier. Clear Creek County Sheriff Rick Albers told reporters the …
POSTED DECEMBER 07, 2021 4:04 PM |
People Moves: Norgrove to Succeed Egan as RSA CEO, UK & International; Marsh Promotes 3 Senior Leaders for Financial and Professional Specialty
This edition of International People Moves details appointments at RSA UK & International and Marsh. A summary of these new hires follows here. Norgrove to Succeed Egan as RSA CEO, UK & International Toronto-based Intact Financial Corp. announced that Ken …
POSTED DECEMBER 07, 2021 3:59 PM |
Funeral Directors Accused of Taking Insurance Funds But Not Cremating Remains
Funeral home directors in two Southern states have been accused of taking money from insurance policies and grieving families, but failing to return proceeds to the families and failing to cremate or ship remains, state insurance officials said. In North …
POSTED DECEMBER 07, 2021 3:38 PM |
Verisk’s Sequel Launches Hub to Simplify Product Distribution, Delegated Authority Biz
Insurance software specialist, Sequel, a Verisk business, announced its latest initiative, Sequel Hub, which is described as a flexible solution designed to simplify the distribution of standalone products and delegated authority business. The Sequel Hub launches with over 10 carriers …
POSTED DECEMBER 07, 2021 3:20 PM |
Property Catastrophe Reinsurance Renewal Rates to Rise by More Than 10%: Fitch
Reinsurance rates are expected to increase by more than 10% in catastrophe-related lines of business when contracts are renewed in January 2022, which supports an improving sector outlook for 2022, according to Fitch Ratings. Typically, two-thirds of non-facultative reinsurance business …
POSTED DECEMBER 07, 2021 3:02 PM |
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