Insurance Journal – Page 71 – Ben Few & Company, Inc.

Insurance Journal | May 17, 2024

People Moves: AXA XL Promotes Riha as Chief Client & Distribution Officer, APAC/Europe

AXA XL Promotes Riha as Chief Client & Distribution Officer, APAC & Europe AXA XL announced that Robert Riha has been appointed as chief client & distribution officer, APAC & Europe, effective July 1. In his new role, Riha will …

Insurance Journal | May 17, 2024

Security First Touts 5% Rate Decrease for HO-3, Renters Policies in Florida

Citing the stabilizing impact that legislative reforms have had on the Florida market, Security First Insurance Co. executives this week announced two residential property rate reductions of more than 5%. “For the first time in nine years, we’re going to …

Insurance Journal | May 17, 2024

Kansas Governor Cites Competition Concerns While Vetoing Bill for School Gun-Detection Technology

Kansas Gov. Laura Kelly vetoed a measure Wednesday that could have earmarked up to $5 million for gun-detection systems in schools while expressing concern that it could have benefitted only one particular company. Kelly’s line-item veto leaves in place $5 …

Insurance Journal | May 17, 2024

Indigenous Consultant Accuses Chicago Blackhawks of Fraud, Sexual Harassment

A consultant the Chicago Blackhawks hired to improve relationships with American Indian tribes has filed a lawsuit accusing the team, its charity foundation and its CEO of fraud, breach of contract and sexual harassment. Nina Sanders filed the civil action …

Insurance Journal | May 10, 2024

Insurers Like California Governor’s Statement About Expedited Rate Filings

Insurers are applauding a move by California Gov. Gavin Newsom to try and expedite the insurance rate filing process. Newsom made the proposal while discussing the state’s budget. It was mentioned in a press conference to talk about the budget, …

Insurance Journal | May 10, 2024

Wisconsin Wedding Barns Sue Over State’s New Liquor Law Requiring Licensing

MADISON, Wis. (AP) — A pair of Wisconsin wedding barns sued the state Tuesday seeking to block enactment of a new law that requires them to get liquor licenses similar to other establishments that host events. Owners and operators of …

Insurance Journal | May 10, 2024

Inszone Acquires Texas’ Brazos Valley Insurance Agency

Inszone Insurance Services announced its 15th acquisition in the state of Texas with the successful integration of Brazos Valley Insurance Agency. The move further solidifies Inszone’s commitment to enhancing its presence in the Texas market and marks another significant milestone …

Insurance Journal | May 10, 2024

Florida’s HCI Group Reports Another Healthy Quarter

TAMPA, Fla. (AP) — HCI Group Inc. (HCI) on Wednesday reported first-quarter profit of $47.6 million, which follows a $38 million profit for Q4 2023. The Tampa-based company said it had profit of $3.81 per share. Earnings, adjusted for non-recurring …

Insurance Journal | May 10, 2024

UKMTO Reports Hijacking Attempt of Vessel East of Yemen’s Aden

The United Kingdom Maritime Trade Operations (UKMTO) organization said on Friday it had received a report of a failed hijacking attempt of a vessel 195 nautical miles east of Yemen’s Aden. The vessel’s master reported being approached by a small …

Insurance Journal | May 10, 2024

People Moves: Aon Names Allen as Executive Managing Director of Capital Advisory; BMS Re Hires 6 for MGA Business ProLink Solutions

This edition of International People Moves details appointments at Aon’s Capital Advisory function and BMS Re. A summary of these new hires follows here. Aon Names Allen as Executive Managing Director of Capital Advisory Insurance broker Aon plc announced that …