Louisiana Insurance Commissioner Jim Donelon has placed a homeowners insurance company in receivership after the insurer suffered losses from the combination of Hurricanes Laura, Delta and Zeta in 2020 and Hurricane Ida in 2021. Americas Insurance Company was into receivership … Read more »

Sarah Palin, the 2008 Republican U.S. vice presidential candidate and former Alaska governor, has tested positive for the coronavirus, forcing a U.S. judge on Monday to delay her defamation trial against The New York Times. Jury selection and opening statements … Read more »

Brown & Brown Names Batta, Raveling, Kusserelis to Key Posts Brown & Brown, a national insurance brokerage firm, has elevated three people to senior leadership positions, the company announced. Anurag Batta, who previously was chief operating officer at Zurich North … Read more »

A worker on a crew replacing corroded grating on an oil platform wasn’t wearing his safety lifeline when he fell to his death off Louisiana in May 2020, the federal offshore safety agency says. The man stood on grating after … Read more »

Pen Underwriting announced two new long-term UK capacity deals with QBE in the highly specialist areas of public authority and higher education risks, as well as hazardous goods, environmental industries and tanker transportation. The renewed agreements build on strategic partnerships … Read more »

USI Insurance Services has acquired Longview, Texas-based D&H Risk Services LLC. Founded in 1936, D&H Risk Services is an independent risk management and employee benefits agency serving businesses and individuals throughout Texas. Terms of the transaction were not disclosed. USI … Read more »

This edition of International People Moves details appointments at Marsh, Willis Towers Watson (WTW) and Aon. A summary of these new hires follows here. Marsh Promotes Payne to UK Chair of FINPRO, Morgan as Head of Professional Liability Insurance broker … Read more »

Technology company Root Inc., the Columbus, Ohio-based parent company of Root Insurance, announced yesterday that it has laid off approximately 330 team members throughout its business. Co-Founder and CEO Alex Timm in an emailed statement cited pandemic losses as factoring … Read more »

A federal judge in Tampa has ordered a roofing contractor to revise its lawsuit complaint, which alleges racketeering law violations against United Property & Casualty Co., after the original complaint failed to meet federal court rules. “Upon review, the Court … Read more »

Hundreds of residents remained evacuated Sunday as crews battled a wildfire in rugged mountains along the California coast that forced the closure of the main roadway near Big Sur. One structure, a yurt, was destroyed by the blaze that broke … Read more »