Brightway Insurance Opens Office in California

Article 0 Comments Brightway Insurance has opened an office in Redwood City, Calif. The firm this week also opened its first office in Kansas, as well as in Texas. Manny Aguilar is opening Brightway, The Aguilar Agency in Redwood City. Other Brightway openings include: Ruben Tamayo is opening Brightway, The […]

Nevada-based Insurtech Talage Offering Workers’ Comp, Liability, Property Online

Article 0 Comments Talage Inc. is an insurtech to its core – both in function and name. The Reno, Nev.-based software platform designed to help small business owners compare and quickly purchase a range of commercial insurance policies announced this week that it has secured $1.5 million in funding from […]

Mulready Wins GOP Primary for Insurance Commissioner, Faces Fobbs in November

Article 0 Comments Glen Mulready, a long-time insurance professional and state representative, in the June 26 primary won the Republican nomination to be Oklahoma’s next insurance commissioner. He will face Democratic challenger Kimberly Fobbs in the November general election. Mulready has 35 years of experience in the insurance industry. He […]

Hanover Stone Names Loughridge as Sr. Advisor – Strategic Planning in Chicago

Article 0 Comments Hanover Stone Solutions, an advisory firm providing risk consulting services, including enterprise risk management (ERM), ORSA compliance and strategic planning consulting, to U.S. property/casualty and life insurance companies, has appointed Edward “Ned” K. Loughridge as a senior advisor in Chicago. Loughridge is one of three new executives […]

Beware ‘Tsunami’ Effect of Artificial Intelligence, Warns Allstate CEO Wilson

Article 0 Comments Artificial intelligence is coming for the service economy, according to Allstate Corp. Chief Executive Officer Tom Wilson. “It’s going to rip through this economy like a tsunami,” Wilson said Thursday in an interview on Bloomberg TV from Aspen, Colorado. Automation will affect a wide swath of workers, […]

XL Catlin’s Eells Joins Validus Specialty as Chief Operating Officer

Article 0 Comments Validus Specialty Underwriting Services announced the appointment of Bob Eells as senior vice president and chief operating officer of Validus Specialty, Western World and Crop Risk Services. Leading operations and business enablement will be among his chief responsibilities. Eells, who joins Validus from XL Catlin, will be […]

Trump Administration Approves Disaster Assistance for Hawaii After Floods

Article 0 Comments President Donald Trump’s administration has approved federal disaster assistance for individuals affected by flooding on two Hawaii islands in April. People on Kauai and Oahu may apply for grants to cover damage to their homes, for disaster unemployment insurance and other benefits. The most a homeowner could […]

Jury Awards $383M in Wrongful Death Suits Against Colorado Dialysis Provider

Article 0 Comments A federal jury in Denver, Colo. awarded $383.5 million to the families of three patients who died of cardiac arrest after treatments at clinics run by dialysis provider DaVita Inc. Attorneys for the families said the Denver-based company treated the patients with GranuFlo, a product known to […]

$47.5M Settlement for Boy Who Lost Leg During California Camping Trip

Article 0 Comments A boy who lost his leg and part of his pelvis after a tree fell on his tent during a camping trip at a public park will receive $47.5 million from a California municipality and utility in a lawsuit settlement, an attorney said. Zachary Rowe was a […]

Lloyd’s CEO Beale to Exit Next Year

Article 0 Comments Lloyd’s of London today announced that Chief Executive Officer Inga Beale will step down next year after leading the global insurance and reinsurance market for five years. An exact departure date has not yet been set. Beale joined Lloyd’s in January 2014, succeeding CEO Richard Ward and […]