(239) 334-7727

info@benfew.com

Category: Insurance Journal

4 Killed in Wrong-Way Crash on Southern California Freeway
Insurance Journal | March 20, 2023
4 Killed in Wrong-Way Crash on Southern California Freeway
Four people were killed early Sunday in a wrong-way collision involving several vehicles on a freeway east of Los Angeles, authorities said. The crash occurred around 2:30 a.m. in southbound lanes of State Route 71 in Chino Hills after several …
Cannasure Quickly Moving New and Renewal Business from Topa in California
Insurance Journal | March 20, 2023
Cannasure Quickly Moving New and Renewal Business from Topa in California
It appears one of the nation’s better known cannabis insurance specialists is having to do some scrambling after AM Best announced it was downgrading the credit ratings of Topa Insurance Co. in Calabasas, California, and its subsidiary, Dorchester Insurance Company …
People Moves: Tokio Marine Boosts UK Trade Credit Division With Underwriting Hires From Atradius, Coface; BHSI Promotes Ruddlesdin to Head of PI & Cyber in London
Insurance Journal | March 20, 2023
People Moves: Tokio Marine Boosts UK Trade Credit Division With Underwriting Hires From Atradius, Coface; BHSI Promotes Ruddlesdin to Head of PI & Cyber in London
This edition of International People Moves details appointments at Tokio Marine and Berkshire Hathaway Specialty Insurance (BHSI). A summary of these new hires follows here. Tokio Marine Hires Underwriters from Atradius, Coface for UK Trade Credit Tokio Marine HCC International …
Homeowners of America Applies for Texas Reciprocal Exchange
Insurance Journal | March 20, 2023
Homeowners of America Applies for Texas Reciprocal Exchange
Porch Group, Inc. announced that its insurance business, Homeowners of America (“HOA”), has filed an application to form and license a Texas reciprocal insurance exchange (a “Reciprocal”) with the Texas Department of Insurance (TDI). If approved and fully implemented by …
AM Best Downgrades Credit Ratings of Topa in California
Insurance Journal | March 20, 2023
AM Best Downgrades Credit Ratings of Topa in California
AM Best has downgraded the Financial Strength Rating to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Ratings to “bbb+ (Good) from “a-” (Excellent) of Topa Insurance Co. in Calabasas, California, and its subsidiary, Dorchester Insurance Company Ltd. …
Moseley Law Firm, Mitchell Adjusting Under More Legal Troubles
Insurance Journal | March 20, 2023
Moseley Law Firm, Mitchell Adjusting Under More Legal Troubles
A judge in Louisiana and a prosecutor in Texas have taken action to block two separate insurance fraud schemes: One by a law firm whose lawyers admitted filing claims on behalf of homeowners it did not represent and another by …
Reliance Acquires Assets of Truck Team Insurance in Utah
Insurance Journal | March 20, 2023
Reliance Acquires Assets of Truck Team Insurance in Utah
Reliance Partners acquired the assets of Truck Team Insurance in Salt Lake City, Utah. Truck Team Insurance Owner Brent Tate will also join Reliance Partners’ team as vice president of sales. He has more than 20 years of commercial insurance …
NSM Insurance Adds 3 Medical Stop Loss, Managed Care Specialty Firms
Insurance Journal | March 20, 2023
NSM Insurance Adds 3 Medical Stop Loss, Managed Care Specialty Firms
Pennsylvania-based insurance program specialist NSM Insurance Group has completed its acquisition of three businesses that specialize in the field of medical stop loss insurance and managed care insurance. The firms are Sequoia Reinsurance Services in Minnesota, and IOA Re’s two …
‘Climate Time Bomb Ticking’, Warns UN Chief, Urging Faster Cuts to Emissions
Insurance Journal | March 20, 2023
‘Climate Time Bomb Ticking’, Warns UN Chief, Urging Faster Cuts to Emissions
U.N. Secretary General Antonio Guterres warned that the “climate time bomb is ticking” as he urged rich nations on Monday to slash emissions sooner after a new assessment from scientists said there was little time to lose in tackling climate …
California Care Home Charged in Connection With COVID Deaths
Insurance Journal | March 20, 2023
California Care Home Charged in Connection With COVID Deaths
A Southern California residential care home company and three of its managers have been charged in connection with 14 COVID-related deaths at one of its facilities three years ago, prosecutors said. The criminal complaint alleges Silverado Senior Living Management failed …