Industry News

Insurance Journal

Ohio’s David Sichko Agency Joins Smith & Leavitt Insurance Services

Jan 22, 2019 Columbus, Ohio-based David Sichko Agency has affiliated with Smith & Leavitt Insurance Services and will now do business as Leavitt Group Midwest-...

South Dakota’s Leavitt Recreation & Hospitality Adds Williams, Jones

Jan 22, 2019 Vance Williams and Mike Jones have joined Leavitt Recreation & Hospitality Insurance (LRHI) in Sturgis, S.D., the company reported. Both Williams and...

$1.4M Batman Comic Collection Stolen from Florida Storage Unit

Jan 22, 2019 A Florida man is reaching out to the comic-collecting community, hoping to reclaim nearly 450 valuable comic books that were recently stolen. The Sun Sentinel...

2 Markel CATCo Execs Leave After Reserves Inquiry Unveils ‘Personal Relationship’

Jan 22, 2019 Markel Corp. has reported that Anthony Belisle, Markel CATCo chief executive officer, and Alissa Fredricks, Markel CATCo chief executive...

Best's Reviews

Agents, Brokers Qualify for Pass-Through Federal Tax Deduction Under New Government Regulation

Jan 21, 2019 Independent agents and brokerages — organized as pass-through entities — are qualified to take a 20% tax deduction...

AM BestTV: Insurance Industry Honors Marsh & McLennan Companies CEO: ‘A Passion for Running to Problems and Solving Them’

Jan 21, 2019 In this episode of AM BestTV from the St. John’s University’s 24th annual Insurance...

Axa XL Completes EU Insurance Unit’s Transfer to Ireland From United Kingdom

Jan 21, 2019 Axa XL said it completed the transfer of its European Union insurance company, XL Insurance Co. SE from the United Kingdom to Dublin,...

UK’s Co-op to Sell Nonlife Insurance Arm to Markerstudy for £185 Million

Jan 21, 2019 U.K. consumer cooperative Co-op is to sell its insurance underwriting business, CIS General Insurance Ltd., to the Markerstudy Group of...

Claims Journal

Government Shutdown Stalls Wildfire Preparations

Jan 18, 2019 Just two months after a wildfire wiped out Paradise, California, officials are gearing up for this year’s fire season and fear the government shutdown could make it even more...

PG&E Bankruptcy Could Lead to Price Hikes, Unpaid Wildfire Lawsuits

Jan 18, 2019 Pacific Gas & Electric Co. said this week it will file for bankruptcy, raising concern that rates for electricity and gas will rise and victims of...

Business News: Tower MSA Partners, Berkley One, Method Insurance Services

Jan 18, 2019 Tower MSA Partners Launches Quarterly Webinar Series Tower MSA Partners is launching a free, quarterly webinar series to help payers become more...

Kansas Mother Settles Wrongful Death Police Shooting Suit for $2.3M

Jan 18, 2019 The mother of a suburban Kansas City teenager who was fatally shot by police as he backed a minivan out of his family’s garage has reached a $2.3 million...