Industry News

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Normandy Insurance Expands Workers’ Comp Coverage to Texas
January 17, 2019
Florida-based workers’ compensation carrier Normandy Insurance Co. is now offering workers’ compensation insurance to small, mid-size, and large businesses in Texas. This marks the fourth major expansion by the multi-state insurer in the past two yea …

Michigan Senate GOP Priority: Cutting Car Insurance Rates
January 17, 2019
Michigan Senate Republicans have signaled their intent to make lowering high auto insurance premiums a top priority in the two-year session, proposing legislation that would make it optional for Michigan drivers to buy what is now mandatory unlimited …

Rich Joins EPIC Insurance Brokers in Houston
January 17, 2019
EPIC Insurance Brokers and Consultants has added Brandon Rich in its property/casualty practice in Houston as a client advocate, reporting to EPIC’s Southwest Region Managing Principal and Director KJ Wagner. Rich will be responsible for new business …

AM Best: Credit Ratings of Brotherhood Mutual Insurance Downgraded
January 17, 2019
AM Best has downgraded the Financial Strength Rating to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Rating to “a-” from “a” of Brotherhood Mutual Insurance Co. (Brotherhood) in Fort Wayne, Indiana. The outlook for the ratings is …

Brown & Brown Subsidiary Acquires Illinois’ Izzo Insurance Services
January 17, 2019
Hull & Company LLC, a subsidiary of Brown & Brown Inc., has acquired substantially all the assets of Izzo Insurance Services Inc., based in Bloomingdale, Illinois. Founded in 1980 by Karen Izzo, Izzo Insurance Services is a wholesale brokerag …

3-in-5 Californians Cite Housing Displacement Issues After Severe Weather Events: Poll
January 17, 2019
Nearly three-in-five Californians whose community was impacted by a natural disaster report that homeowners or renters in their community have been displaced after the disaster and subsequently left the area to reside elsewhere. A poll conducted by a …

3.7M Earthquake Hits Northern California
January 17, 2019
The U.S. Geological Survey confirmed a 3.7 preliminary magnitude earthquake rattled the small city of Piedmont in northern California. The USGS says the tremor occurred on Wednesday at 4:42 a.m. The impacts of the earthquake were not immediately know …

Woodruff Sawyer in California Names Mckenna National Healthcare Practice Leader
January 17, 2019
San Francisco, Calif.-based Woodruff Sawyer has named Frank Mckenna senior vice president and national healthcare practice leader. Mckenna will be responsible for expanding and growing the current Healthcare practice. Mckenna was previously president …

Guy Carpenter Forms New Division, Makes Post-JLT Merger Leadership Appointments
January 17, 2019
Reinsurance broker Guy Carpenter & Co. announced the formation of a new Global Capital Solutions Group as well as a series of leadership appointments that will become effective upon the closing of the acquisition of Jardine Lloyd Thompson Group p …

Deploying Drones, 3D Printing to Reduce Secondary Accidents at Crash Sites
January 17, 2019
Idling in a long highway line of slowed or stopped traffic on a busy highway can be more than an inconvenience for drivers and highway safety officers. It is one of the most vulnerable times for “secondary accidents,” which often …

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