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News Center


News – Insurance Journal

Court: Travelers Insurer Off the Hook in Florida Hotel Chain Data Breach Suit
A U.S District Court in Florida’s ruling could have wide-reaching effects with respect to an insurer’s duty to defend commercial general liability policyholders in data breach cases resulting from the acts of third parties. The Sept. 28 decision came in …

POSTED NOVEMBER 21, 2018 5:23 AM
Gallagher Affinity Launches Online Cyber Suite for Small, Midsize Federal Contractors
Gallagher Affinity and Secure CyberID, a provider of cybersecurity services, have launched an online, discounted suite of cybersecurity products for small to mid-sized companies under contract with the federal government. The 360 Coverage Pros portal is designed to meet the …

POSTED NOVEMBER 21, 2018 5:06 AM
A.M. Best: Insurers Have Limited Exposure to PG&E Volatility from California Wildfires
Roughly one-in-10 insurers have exposures to PG&E bonds, which could potentially used to payout on losses from the California wildfires, according to a daily briefing from A.M. Best. It was recently determined that a second power line of PG&E Corp. …

POSTED NOVEMBER 20, 2018 11:11 PM
Alera Group Acquires Orion Risk Management Insurance Services in California
Alera Group has acquired Orion Risk Management Insurance Services. Terms of the deal were not disclosed. Orion is a commercial insurance broker and risk management firm with three locations throughout Southern California. Deerfield, Ill.-based Alera Group provides employee benefits, property/casualty, …

POSTED NOVEMBER 20, 2018 6:43 PM
USG Names Gray Producer in Southern California
USG Holdings Inc. has named Ali Gray a producer/broker in the Irvine, Calif. branch. Gray will continue to build his book of business and assist with the expansion of USG’s West Coast footprint. He has 9 years of experience in …

POSTED NOVEMBER 20, 2018 6:32 PM
Minnesota Workplace Injury Rate Fell to an All-Time Low in 2017
Minnesota’s Department of Labor and Industry (DLI) in early November reported that the state’s estimated workplace injury and illness rate for 2017 is the lowest rate since the measurement started in 1973. According to the annual Survey of Occupational Injuries …

POSTED NOVEMBER 20, 2018 5:36 PM
Bank of England Pressures EU to Deliver No-Deal Brexit Fix for Financial System
The Bank of England turned up the pressure on the European Union to deliver legislation within weeks to avert a breakdown of access to London’s crucial financial infrastructure in a no-deal Brexit. “By early to mid-December, there would have to …

POSTED NOVEMBER 20, 2018 5:35 PM
Willis Towers Watson Announces Ganzi Will Succeed McCann as Board Chairman
Willis Towers Watson announced that James McCann will be succeeded as chairman of the board by Victor Ganzi, effective Jan. 1, 2019. McCann will step down as chairman three years after the merger of Willis and Towers Watson. He will …

POSTED NOVEMBER 20, 2018 5:16 PM
Texas Surplus Lines Stamping Office Launching ‘SMART’ Online Filing System in 2019
The Surplus Lines Stamping Office of Texas (SLTX) plans to launch “SMART,” its new online filing system in 2019. SLTX unveiled the new online system in a video presentation at the Texas Surplus Lines Association 2018 Annual Meeting in Austin …

POSTED NOVEMBER 20, 2018 5:13 PM
Credit Ratings of Wisconsin Mutual Insurance Upgraded
A.M. Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” from “a-” of Wisconsin Mutual Insurance Co. (Wisconsin Mutual) in Madison, Wisconsin. The outlook of these ratings has …

POSTED NOVEMBER 20, 2018 5:11 PM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does United Business Insurance Company confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.

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