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News – Insurance Journal

USI Insurance Services Acquires CB Insurance in Colorado
USI Insurance Services has acquired Colorado Springs, Colo.-based CB Insurance LLC. Terms of the deal were not disclosed. CB Insurance and its predecessors have served the needs of the Colorado community for more 100 years, specializing in commercial and personal …

POSTED JANUARY 19, 2021 3:56 PM
Insurance Veterans Lead Confianza, Big Data Analytics Startup for Smaller Insurers
Two insurance industry veterans have launched Confianza, a new data analytics company focused on smaller insurers. One co-founder – Jeffrey Glazer – is a past chief executive officer of Activer Solutions and Insurity, and was a past CEO of Insurance …

POSTED JANUARY 19, 2021 3:26 PM
How Climate Change May Affect Hurricane Risk and Losses: AIR, Brookings, AXIS
By 2050, climate change-related weather events will have a meaningful impact on future hurricane losses, increasing them by 20% or more and in some cases doubling them, even without any increase in the concentration of property exposure along the coast, …

POSTED JANUARY 19, 2021 3:07 PM
Vermont’s Winooski Insurance Adds Heaslip to Its Leadership Team
Winooski Insurance of Williston, Vermont, a commercial insurance agency of nearly 40 years, is growing its leadership team with the addition of Ryan Heaslip. Heaslip joins the team as the director of Commercial Lines – Sales. He is an insurance …

POSTED JANUARY 19, 2021 2:47 PM
Cross Insurance Partners with Connecticut’s Daigle & Travers Insurance
Cross Insurance, a subsidiary of Cross Financial Corp., based in Bangor, Maine, and an independent insurance provider in New England, has partnered with Daigle & Travers Insurance of Fairfield County, Conn. The Daigle & Travers team of insurance experts offer …

POSTED JANUARY 19, 2021 2:45 PM
NYPD Adopts Clearer Penalties for Excessive Force, Racial Bias
The New York City Police Department enacted new disciplinary rules on Friday that call for terminating police officers found to use racial profiling or “excessive deadly force.” The so-called “disciplinary matrix,” as Mayor Bill de Blasio called it, also lays …

POSTED JANUARY 19, 2021 2:35 PM
Applied Specialty Underwriters Names Black to Lead Middle Market Surplus Lines
Applied Underwriters has named John Black, Sr., CPCU, to lead its expansion into middle market surplus lines. As executive vice president of the newly-expanded Applied Specialty Underwriters, Black, who has 35 years of underwriting experience, will focus on middle market …

POSTED JANUARY 19, 2021 2:30 PM
Indonesia Earthquake Leaves Thousands Homeless, Killing at Least 84 People
MAMUJU, Indonesia (AP) – Aid was reaching the thousands of people left homeless and struggling after an earthquake that killed at least 84 people on an Indonesian island where rescuers intensified their work Monday to find those buried in the …

POSTED JANUARY 19, 2021 1:43 PM
Here’s How European Satellites Can Help Predict the Next Weather Disaster
Spain began the new year battling Storm Filomena, a once-in-a-generation weather event that blanketed Madrid in snow and paralyzed the economy. Health workers were stranded, supermarkets shut, and the army was called in. At least four people died. “Now, consider …

POSTED JANUARY 19, 2021 1:06 PM
BGC Insurance Rebrands as Corant Global
BGC Insurance (BGCI) has rebranded as Corant Global Ltd., which will become the holding company for all the insurance interests of BGC Partners Inc., a global brokerage and financial technology company, subject to regulatory consent. Corant will comprise the broking …

POSTED JANUARY 19, 2021 11:25 AM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Peoples Choice Insurance confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.

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