Insurtechs Neptune, Hippo Unite Home, Flood Insurance Online for Speedy Purchasing

Article 3 Comments Flood insurance company Neptune Flood has partnered with online Hippo Insurance to provide consumers with quick access to flood insurance as part of purchasing of home insurance. Hippo promises quick processing and modernized home insurance coverage at a savings. It takes only 60-seconds to get a quote […]

Insurtech Trov Now Selling in 7 Additional States and D.C.

Article 0 Comments Insurtech Trōv is now offering its on-demand online, single-item insurance products in seven additional states and the District of Columbia. Trōv has now expanded into Alabama, Arkansas, Georgia, Hawaii, Iowa, Michigan, Tennessee and Washington, D.C. The insurtech company had previously started doing business in the U.S. in […]

Insurers Shy Away from ETFs Even After Rule Change

Article 0 Comments Many insurance companies are steering clear of exchange-traded funds even after a high profile rule change designed to make them easier to own. Almost 40 percent of insurers aren’t using ETFs more than a year after the National Association of Insurance Commissioners rewrote its accounting rules in […]

Palmer Joins EPIC’s Energy, Marine Practice in Houston

Article 0 Comments EPIC Insurance Brokers and Consultants has added Jose Palmer as a principal in the energy and marine practice within its property/and casualty operations. He is based in Houston and reports to Southwest Region Managing Principal and Director KJ Wagner. Palmer is responsible for new business development and […]

Insurer Hit With $102K Fine for Selling Illegal NRA-Branded Policies

Article 0 Comments Illinois Union Insurance Co. has paid a $102,000 fine after Washington Insurance Commissioner Mike Kreidler ordered the company to cease underwriting self-defense policies branded by the National Rifle Association. After an investigation, Kreidler ordered Illinois Union in January to stop underwriting the illegal policies in the state […]

Great American Insurance Promotes Mercurio, Thompson

Article 0 Comments Cincinnati, Ohio-based Great American Insurance Group has promoted Anthony (Tony) J. Mercurio and David L. Thompson Jr. to executive vice presidents of its property/casualty group. Mercurio will continue to serve as president and CEO of National Interstate – a position he has held since 2016. Since joining […]

Dodrill Appointed as West Virginia Insurance Commissioner to Succeed McVey

Article 0 Comments West Virginia Governor Jim Justice has appointed James A. Dodrill as insurance commissioner, effective March 4, 2019. Dodrill succeeds Allen McVey, who was appointed earlier this year as secretary of the West Virginia Department of Administration. For the past two decades, Dodrill has worked as corporate claims […]

UK Probe of Wholesale Brokers Finds No Evidence of Anti-Competitive Behavior

Article 0 Comments Britain’s wholesale insurance brokers got a clean bill of health from the markets watchdog on Wednesday, providing some relief for an industry already spending millions of pounds on Brexit. London’s insurance market, which spans the Lloyd’s of London market and brokers such as Aon, Willis Towers Watson, […]

Ironshore’s Shrubb Joins AXA XL’s Terrorism Insurance Team in U.S.

Article 0 Comments Morgan Shrubb has joined AXA XL Insurance as underwriting manager for War, Terrorism & Political Violence insurance. Shrubb joins AXA XL from Ironshore International where she served as a production specialist, charged with growing the company’s war, terrorism and political violence book of business on the West […]

C&S Insurance Acquires Massachusetts’ Francis M. Walley Insurance Agency

Article 0 Comments C&S Insurance has acquired Dedham, Mass.-based Francis M. Walley Insurance Agency. Since assuming ownership in 2012, C&S Insurance second-generation owners Ben Cavallo and Keith Signoriello have completed seven agency acquisitions. Altogether, C&S Insurance – headquartered in Mansfield, Mass. – now maintains three locations, employs thirty team members […]