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Industry News

Markel Says It Is Resolving Suits Filed by Fired CatCo Executives

Markel Corp. appears on the way to settling with two former employees who sued over unpaid bonuses after they were dismissed for allegedly having a personal relationship that Markel said violated company policy. The company said it has settled one …
EPIC in Phoenix Adds Aschermann, Brehm, Lopes in Arizona

EPIC Insurance Brokers and Consultants has added Luke Aschermann as a client manager, Norma Brehm as a property/casualty claims manager and Belinda Lopes as a principal/senior client advocate. All join EPIC in Phoenix, Ariz. from Willis Towers Watson. They will …
Karen Clark & Co. Estimates $300M in Non-NFIP Insured Losses from Barry

Catastrophe modeling firm, Karen Clark & Company (KCC), says insured losses from Tropical Storm/Hurricane Barry and its remnants will near $300 million. That figure does not include National Flood Insurance Program (NFIP) losses. KCC based the estimate on its high …
Gulf Coast Still Faces Flood, Tornado Risks from Weakened Barry

Even though Tropical Depression Barry did not unleash catastrophic flooding in Louisiana, many across the Gulf Coast were urged to take heed of tornado and flash-flood warnings Monday as the storm moved north. Barry was downgraded from a tropical storm …
N. D. Insurance Commissioner Urges U.S. Senate to Tackle Surprise Air Ambulance Bills

In a letter sent to U.S. Senate leaders in early July, North Dakota Insurance Commissioner Jon Godfread, urged lawmakers to take action on the issue of surprise bills from air ambulance providers. Godfread wrote to Senate leaders Mitch McConnell (R-KY) …
Fidelis Group Holdings Adds Taylor as Sr. Claims Manager in Louisiana

Fidelis Group Holdings LLC (FGH), with its subsidiary Continental Underwriters Ltd. (CU) and Fidelis Claims Service LLC (FCS), has hired Mark Taylor as senior manager of its Claims Division. Taylor will provide additional leadership to FCS and will be based …
Holmes Murphy Welcomes Deibele to Employee Benefits Team in Minnesota

Holmes Murphy has added Brooks Deibele as regional market Leader for the company’s growing Minneapolis Employee Benefits team. Deibele joins Holmes Murphy from Blue Cross Blue Shield (BCBS) of Minnesota, where he rose from vice president of Group Markets to …
Texas Surplus Lines Premium Up 13% Over Last Year

Surplus lines premium in Texas has increased to $3.48 billion at the 2019 mid-year point, up 13.4% over 2018’s mid-year total of $3.06 billion, according to data reported to the Surplus Lines Stamping Office of Texas (SLTX). Through the first …
Oklahoma Accuses J&J of Dodging Liability for ‘Cunning’ Opioid Drug Push

Even after illegally promoting opioid painkillers to reap billions of dollars in profit over the past two decades, Johnson & Johnson has accepted “zero responsibility” for its central role in fueling a public-health crisis, Oklahoma’s top law-enforcement official told a …
J.M. Wilson Adds Lewton, Arens in Indiana

Managing general agency and surplus lines broker, J.M. Wilson, has added Matt Lewton as transportation underwriter and Tyler Arens as assistant transportation underwriter in its Carmel, Indiana, office. Lewton is responsible for underwriting new and renewal transportation risks, and serving …

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