NEWS

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Tower Hill Specialty Adds Coverage Options in Mississippi

 - 06/19/2019
Tower Hill Specialty has further expanded into the Southeast and is now offering manufactured housing and dwelling fire insurance policies in Mississippi. Optional coverage features include equipment breakdown and service line endorsements. The equipment breakdown option provides coverage for items …

10 Arrests Made in Florida Unlicensed Contractor, Workers’ Comp Fraud Sting

 - 06/19/2019
Ten individuals have been arrested in a three-day unlicensed contracting and workers’ compensation fraud sting in Pinellas County, Fla., according to a statement from Florida CFO Jimmy Patronis. The joint operation between fraud detectives with the Florida Department of Financial …

Kentucky Bourbon Warehouse Damaged in Partial Collapse

 - 06/19/2019
Part of a bourbon warehouse in western Kentucky collapsed during a thunderstorm. News outlets report the partial collapse of the O.Z. Tyler Distillery rickhouse was reported early Monday. Master Distiller Jacob Call says around 20,000 barrels are stored at the …

Former Tenn. Insurance Head McPeak Joins Greenberg Traurig Law Firm in Nashville

 - 06/18/2019
Former Tennessee Insurance Commissioner Julie Mix McPeak, who stepped down as the head of the Tennessee Department of Commerce and Insurance Commissioner last month, will join the global law firm Greenberg Traurig, P.A., in the firm’s Insurance Regulatory and Transactions …

Hub Acquires Assets of Atlanta-based Insurtech In-Fi; Hires Chasteen

 - 06/18/2019
Hub International Limited, has acquired the assets of CBIS, LLC, d/b/a “In-Fi” (In-Fi). Terms of the transaction were not disclosed. Established in 2016 by co-founder Jon Chasteen, In-Fi developed a distribution platform for financial institutions, which utilizes technology and automation …

What to Expect from Florida’s AOB Reform Law Taking Effect July 1

 - 06/18/2019
The countdown is on for Florida assignment of benefits (AOB) reform that will take effect July 1, and the insurance industry is getting ready to respond to new requirements as a result of the law as well as evaluating how …

Tennessee Valley Authority to Remove Coal Ash from Pits Near Tennessee River

 - 06/17/2019
The nation’s largest public utility on Thursday agreed to dig up and remove about 12 million cubic yards (9.2 million cubic meters) of coal ash from unlined pits at a Tennessee coal-burning power plant. Prompted by two environmental groups, the …

Alabama Tyson Foods Plant Waste Water Spill Spreads E. Coli in Rivers

 - 06/17/2019
Alabama environmental officials say another waste water spill from a Tyson Foods plant has contaminated rivers with E. coli and killed an untold number of fish. News outlets report up to 800,000 gallons of waste water spilled last week from …

Florida Hopes to Lure Autonomous Car Companies Under New Law

 - 06/17/2019
Self-driving vehicles with no humans on board will be able to operate in Florida – once they’re finally ready for prime time – under a bill signed Thursday by Gov. Ron DeSantis. DeSantis said he hopes to use the law …

Kochilaris Joins Florida Homeowners Insurer Olympus as Sales Manager

 - 06/17/2019
Florida-based Olympus Insurance Co. has added Nathan Kochilaris as the company’s new Southwest Florida Sales manager. Kochilaris will work under Vice President of Sales and Marketing Crystal McInnis. Kochilaris has experience in both the insurance and real estate sectors. He …

Mississippi Requests Pumps from Federal Govt. to Ease Flooding

 - 06/14/2019
Faced with weeks more flooding in a part of Mississippi that’s been underwater since February, one of the state’s U.S. senators on Wednesday asked President Donald Trump to order temporary pumps to the area to begin pumping water over the …

Pinnacle Adds Schubert as Consulting Actuary in Atlanta

 - 06/14/2019
Pinnacle Actuarial Resources, Inc. has hired Christopher J. Schubert as a consulting actuary in the firm’s Atlanta office. Schubert has more than 8 years of property and casualty actuarial experience. Prior to consulting, Schubert worked for a primary insurance carrier …

BB&T, SunTrust to Rebrand as Truist; North Carolina Headquarters Announced

 - 06/14/2019
BB&T Corporation and SunTrust Banks, Inc., will rebrand as Truist after the two companies combine through their planned merger, announced earlier this year. According to the companies, Truist will be the sixth-largest U.S. bank holding company serving more than 10 …

Georgia Gov Appoints Police Chief King as Insurance Head During Beck Suspension

 - 06/14/2019
An Atlanta-area police chief was appointed by Georgia’s governor Wednesday to head the state’s insurance commission after the previous commissioner was indicted on federal charges. Republican Gov. Brian Kemp announced that Doraville Police Chief John King will fill the office …

North Carolina Lawmakers Disagree Over Watered Down Hands Free Bill

 - 06/13/2019
Weeks after North Carolina House members watered down a distracted driving bill, state senators want to restore robust language that would prohibit drivers from holding their cellphones. Republican lawmakers and parents of children who died in distracted driving accidents held …