Tidewater Insurance Associates, Inc. Tidewater Insurance Associates, Inc.
Wed, 18 Sep 2019 13:09:25 +0000
European Commission President Jean-Claude Juncker said on Wednesday that the risk of a no-deal Brexit on Oct. 31 is now “palpable,” sparking a drop in the pound. Juncker, speaking to the European Parliament in Strasbourg, France, after a meeting with …
Wed, 18 Sep 2019 10:01:48 +0000
Lloyd’s of London expects “sobering” results from a survey of the workplace culture at its member firms, the insurance market’s chairman said on Wednesday as a rise in investment income drove a four-fold profit rise. In May the 330-year old …
Wed, 18 Sep 2019 09:33:01 +0000
Lloyd’s announced that David Sansom has been confirmed as chief risk officer, subject to regulatory approval. Sansom’s remit includes all areas of risk management within the Corporation of Lloyd’s as well as oversight for market-level risks. He also ma...
Wed, 18 Sep 2019 07:06:01 +0000
Lloyd’s of London, the world’s biggest insurance market, returned to profit in the first half after two full-year losses. The more than 300-year-old corporation made a profit before tax of 2.3 billion pounds ($2.8 billion) in the first six months …
Wed, 18 Sep 2019 07:00:56 +0000
A broker at BNP Paribas SA who complained about being paid less than male colleagues won her employment suit after a London judge ruled that she suffered sexual discrimination. Stacey Macken, a prime brokerage product manager who still works at …
Wed, 18 Sep 2019 06:50:05 +0000
Activity in the legacy insurance market has boomed. However, as capital pours in, perhaps it is best to understand how pricing will develop in the space and whether increased capital will drive price deterioration. For a start, it is widely …
Wed, 18 Sep 2019 05:00:58 +0000
Traditional home insurers appear to be in need of an image change, and that, in turn, could create a big opportunity for insurtech startups, according to the latest J.D. Power U.S. Home Insurance study. Approximately 74 percent of their customers …
Wed, 18 Sep 2019 05:00:30 +0000
Gerald Bostock says he’s convinced his participation in a gay softball league was why he was fired from his job running the child-advocate program at the juvenile court in Clayton County, Georgia. The Atlanta-area county’s decision sent “a homophobic m...
Wed, 18 Sep 2019 05:00:29 +0000
U.S. food safety and the health of plant workers will be at risk from new federal rules that allow meat companies to slaughter hogs as fast as they want and shift the role of government inspectors, food and environmental advocates …
Wed, 18 Sep 2019 04:59:13 +0000
Southern Fidelity Insurance Company, a regional insurance company serving consumers throughout the Southeast, is looking to recruit local agents in Mississippi after expanding into the state in July. The company, which has been doing business since 200...
Wed, 18 Sep 2019 04:46:40 +0000
A man trashed his pizza restaurant and ice cream shop near Atlanta to fake a racially motivated burglary so he could file an insurance claim, police said. Gwinnett County police officers responded just before 9:30 p.m. on Sept. 11 after …
Wed, 18 Sep 2019 04:13:19 +0000
Chubb has launched a new service designed to help personal auto clients remove sensitive electronic information from their vehicles in the event of an insured total loss. “While hands-free GPS and mobile connectivity has made driving more convenient an...
Tue, 17 Sep 2019 21:11:47 +0000
The California Division of Workers’ Compensation has announced that the 2020 minimum and maximum temporary total disability rates will increase on Jan. 1, 2020. The minimum TTD rate will increase from $187.71 to $194.91 and the maximum TTD rate will …
Tue, 17 Sep 2019 19:01:28 +0000
A tropical depression in the Gulf of Mexico that quickly upgraded into Tropical Storm Imelda has made landfall on the Texas coast near Freeport. The National Hurricane Center said the storm likely will produce life-threatening flash flooding in some pa...
Tue, 17 Sep 2019 17:16:27 +0000
The Liberty Company Insurance Brokers in Woodland Hills, Calif., has named Megvarran Lalsa chief financial officer. Megvarran has 20 years of experience in accounting and finance. Megvarran previously worked at Venbrook Group, SCAN Health Plan, Crescen...
Tue, 17 Sep 2019 16:58:49 +0000
A federal lawsuit accuses a major pipeline company based in Georgia of failing to tell work crews where a major underground pipeline was located before they ruptured the line, touching off a deadly explosion in Alabama. The workers were trying …
Tue, 17 Sep 2019 16:56:42 +0000
With a low pressure system hovering off the Texas Gulf Coast that the National Hurricane Center could become a tropical depression, Texas Gov. Greg Abbott has elevated the state operations center to an increased readiness (level 3) status. The Texas …
Tue, 17 Sep 2019 16:38:07 +0000
A contractor has been cited by the U.S. Department of Labor’s Occupational Safety and Health Administration which says workers were exposed to fall and scaffolding hazards at a commercial building project in Chicago. The Labor Department says that Polo...
Tue, 17 Sep 2019 16:36:41 +0000
Carmel, Indiana-based Protective Insurance Corp., a specialty property/casualty holding company in the transportation and workers’ compensation insurance industries, has appointed John Barnett as its new chief financial officer, effective Sept. 30, 201...
Tue, 17 Sep 2019 16:32:05 +0000
A Louisiana program aimed at helping farmers recover from extreme flooding events in 2016 has received an additional $10 million in grant awards, the Louisiana Department of Agriculture and Forestry announced. The additional funds will be made availabl...
Tue, 17 Sep 2019 16:31:10 +0000
Archie Gall has been named CEO of Tricolor Insurance, an affiliate company of Dallas-based Tricolor, a used vehicle retailer focused on the Hispanic consumer market. Tricolor Insurance, a provider of insurance for subprime vehicle owners, will roll out...
Tue, 17 Sep 2019 16:28:38 +0000
The Global Insurance Accelerator (GIA), a Des Moines, Iowa-based InsurTech accelerator focused on innovation for the insurance industry, says 17 companies will participate in its fifth annual InsurTech Week, being held Oct. 14-18. Designed to amplify t...
Tue, 17 Sep 2019 14:56:28 +0000
Boris Johnson’s Brexit strategy has been on trial ever since he became prime minister eight weeks ago, and on Tuesday his lawyers will defend it in the U.K.’s highest court. Fresh from being lambasted by a fellow European leader after …
Tue, 17 Sep 2019 14:45:36 +0000
An Associated Press investigation shows a dark side to booming sales of the cannabis extract CBD. Some people are substituting cheap and dangerous street drugs for the real thing. As part of the investigation, a reporter in Los Angeles purchased …
Tue, 17 Sep 2019 14:42:31 +0000
CopperPoint Insurance Cos. has agreed to acquire Alaska National Corp. and its wholly owned subsidiary Alaska National Insurance Co., an Alaska-domiciled workers’ compensation and commercial insurance carrier. The transaction is expected to close once ...
Tue, 17 Sep 2019 14:12:45 +0000
Federal investigators are looking into the way the U.S. Olympic and Paralympic Committee and national governing bodies of Olympic sports handled sex-abuse allegations, people with knowledge of the investigations told The Associated Press. The probes, f...
Tue, 17 Sep 2019 14:05:52 +0000
The broker Aon plc has launched an auction capability for the Jan. 1, 2020 reinsurance renewals, which is designed to provide additional options for insurer clients by reducing the timeframe around pricing negotiations while providing contract certaint...
Tue, 17 Sep 2019 14:01:16 +0000
Broker Buddha, a company that simplifies the commercial insurance application and renewal process, announced a $4.5 million funding round led by Vertex Ventures. Broker Buddha’s technology converts PDF insurance applications into user-friendly interact...
Tue, 17 Sep 2019 13:24:57 +0000
AssuredPartners Inc. has acquired Alton E. Woodford Insurance Agency Inc., located in West Hartford, Conn. The team of nine will remain under the operational leadership of Tallison Noble and Nerissa Smith following the acquisition. Headquartered in Lak...
Tue, 17 Sep 2019 13:15:31 +0000
Managing general agent (MGA) Fairmatic has introduced a usage-based insurance model that features monthly commercial auto premium adjustments based on an insured’s driving behaviors. Fairmatic’s “performance-priced commercial auto insurance” product is...