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California Regulators Say Chevron Not Doing Enough to Stop Oil Spill
California regulators say Chevron has not done enough to stop a massive oil spill that dumped about 800,000 gallons of crude oil and water into a Kern County canyon, and they want the company to take further action to halt …

POSTED JULY 16, 2019 3:13 PM
State Farm Cuts Auto Insurance Rates in Hawaii
State Farm Mutual Automobile Insurance Co. will cut its rates in Hawaii for the third time in two years, the company announced. As a result, its overall personal auto rate will drop by 2.6 percent. The total state-wide expected impact …

POSTED JULY 16, 2019 3:03 PM
New Jersey Judge Says Lifeguard Can’t Be Sued Over Beach Collision
A New Jersey judge has ruled that a lifeguard who collided with a woman as he ran to cover a vacated lifeguard stand is protected by state’s Good Samaritan Act. The woman had sued North Wildwood, its beach patrol and …

POSTED JULY 16, 2019 2:59 PM
Integrated Specialty Acquires Safebuilt in California and its affiliates in Partnership with Sightway Capital
Integrated Specialty Coverages has acquired Carlsbad, Calif.-based Safebuilt Insurance Services and all of its affiliates. ISC is sponsored by an investment vehicle managed by Two Sigma’s Sightway Capital. Terms of the deal were not disclosed. ISC was formerly known as …

POSTED JULY 16, 2019 2:56 PM
China’s Pig Farms Tighten Biosecurity to Beat African Swine Fever
A devastating outbreak of African swine fever that has killed millions of pigs in China is changing attitudes in a country where farm hygiene has often been seen as lax by international standards. From farms to feed mills to transport, …

POSTED JULY 16, 2019 2:52 PM
The Hilb Group Acquires Pennsylvania’s Greenwald Berk Agency
The Hilb Group LLC (THG) has acquired Pennsylvania-based Greenwald Berk Agency LLC (GBA). The transaction became effective July 1, 2019. GBA offers a full spectrum of business insurance, personal insurance and life/health products and services. This acquisition will establish THG’s …

POSTED JULY 16, 2019 2:48 PM
Associated Mutual Insurance Cooperative of New York Hires Scannell
Associated Mutual Insurance Cooperative of New York has hired Edward W. Scannell III as vice president of Underwriting. Scannell has more than 35 years of experience in the property and casualty industry as an underwriter, profit center head, agency owner …

POSTED JULY 16, 2019 2:43 PM
Everest Taps Tailor from Charles Taylor Managing Agency as Head of Fine Art & Specie
Everest Insurance announced the addition of Joshila Tailor as the global head of Fine Art and Specie for Everest Insurance International, which includes Everest Insurance Ireland DAC and Lloyd’s Syndicate 2786. Tailor brings over 20 years of industry experience to …

POSTED JULY 16, 2019 2:33 PM
DARAG Enters Retrospective Quota Share Reinsurance Deal with Norway’s Protector
DARAG Group Ltd., the Malta-based legacy acquirer, announced it has entered into a retrospective quota share reinsurance agreement with Protector Forsikring, the Norwegian insurance company. DARAG’s German risk carrier, DARAG Deutsche Versicherungs-und Ruckversicherungs-AG, is the vehicle for the transaction, which …

POSTED JULY 16, 2019 2:22 PM
Brown & Brown Metro Acquires Assets of New Jersey’s Innovative Risk Solutions
Brown & Brown Metro LLC has acquired substantially all of the assets of Innovative Risk Solutions Inc. Innovative Risk Solutions was founded in 2004 by sole shareholder Sean Gormley with the goal of providing employee benefits for Innovative’s customers. Following …

POSTED JULY 16, 2019 1:33 PM

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