As before, many of the businesses likely didn’t have flood insurance, which is required only of property owners in high-risk flood zones such as Main Street in Old Ellicott City, but is an optional addition to commercial insurance for business owners who don’t own their buildings. Julia Sanger and her mother, Donna Sanger, carried a cash register, some kitchen…
Newswires
By a News Reporter-Staff News Editor at Insurance Weekly News– According to news reporting originating from Washington, D.C., by VerticalNews journalists, a U.S. Securities and Exchange Commission filing by Fgl Holdings was posted on May 17, 2018. The SEC file number is 0001209191-18-031075.. A U.S. Securities and Exchange Commission filing is a formal…
By a News Reporter-Staff News Editor at Insurance Weekly News– According to news reporting originating from Washington, D.C., by VerticalNews journalists, a U.S. Securities and Exchange Commission filing by Primerica, Inc. was posted on May 17, 2018. The SEC file number is 0001127602-18-017897.. A U.S. Securities and Exchange Commission filing is a formal…
By a News Reporter-Staff News Editor at Real Estate Weekly News– LTC Properties, Inc. announced that senior management will participate in the NAREIT REITWeek Investor Conference at the New York Hilton Midtown in New York. About LTC LTC is a real estate investment trust that invests in seniors housing and health care properties primarily through…
By a News Reporter-Staff News Editor at Marketing Weekly News– Doctors Business Network launched a new dynamic, multifaceted site catering to healthcare providers in need of ethical business services and reliable industry information. The new DBN online portal is free to join and offers a variety of helpful information and services for training,…
May 31– A top deputy of Democratic House Speaker Michael Madigan abruptly resigned from several leadership posts Thursday after a former medical marijuana advocate accused him of retaliation, verbal abuse and “inappropriate behavior.” Lou Lang of Skokie announced he was stepping down as House deputy majority leader in a statement released as advocate…
May 31– With one named storm already in the books for the 2018 hurricane season that officially starts Friday, a new report suggests that more than 82,000 Connecticut homes are at risk of significant damage from storm surge accompanying the arrival of a major hurricane, with a total exposure of $26.7 billion. With five summers passed since Sandy’s swath through…
–BGL Real Estate Advisors is pleased to announce the financial closing for the acquisition of a 100- unit, 400- bedroom, purpose-built student housing development. The project capitalization included a senior acquisition loan provided from Key Bank, preferred equity, common equity, and sponsor equity. BGLREA served as the exclusive financial advisor to…
–Brookdale Senior Living Inc. today announced that Lucinda “Cindy” Baier, President and Chief Executive Officer will participate in a discussion regarding the Company at the Jefferies 2018 Global Healthcare Conference in New York, New York on Tuesday, June 5, 2018, beginning at 3:00 p.m. Eastern Time. Brookdale Senior Living Inc. is the leading operator of…
By a News Reporter-Staff News Editor at Insurance Weekly News– Global procurement intelligence advisory firm, SpendEdge, has announced the release of their’ Cyber Insurance Market Procurement Research Report.’ This report breaks down the data and analysis behind the procurement of cyber insurance and acts as an all-inclusive guide to enable smarter…
By a News Reporter-Staff News Editor at Insurance Weekly News– According to news reporting originating from Washington, D.C., by VerticalNews journalists, a U.S. Securities and Exchange Commission filing by Metlife Inc. was posted on May 18, 2018. The SEC file number is 0001193125-18-167108.. A U.S. Securities and Exchange Commission filing is a formal…
By a News Reporter-Staff News Editor at Insurance Weekly News– According to news reporting originating from Washington, D.C., by VerticalNews journalists, a U.S. Securities and Exchange Commission filing by Reinsurance Group of America Inc. was posted on May 17, 2018. The SEC file number is 0001193125-18-166658.. A U.S. Securities and Exchange Commission…
–The Hanover Insurance Group, Inc. today announced that Frank M. Baron has been appointed president of Alternative Markets, a newly formed business unit within the company’s domestic specialty group. Most recently, Baron served as executive vice president at Zurich, where he headed up the company’s Management Solutions Group. Baron is a graduate of New York…
W. R. Berkley Corporation announced today that its Board of Directors has voted to increase the cash dividend to an annual rate of 60 cents per share, representing a 7.1% increase from the present rate. Founded in 1967, W. R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United States and operates…
“With her proven experience and service to the organization, Carolyn was the right choice to fill this position, and I thank her for her loyal service to FirstCare,” said FirstCare President and CEO Darnell Dent. “Since joining the FirstCare family in August 2016, she distinguished herself as an effective leader for our Claims team. Prior to FirstCare, Kirchner…
Instec, the market leader in insurance software for commercial program and specialty writers, announced today that its much-anticipated Instec Underwriting system is now available to property and casualty insurers and MGAs. “We took a hard look at the inefficiencies in underwriting and decided there was a better way,” said Jason Pamplin, Instec Underwriting…
Assurant, Inc., a premier global provider of risk management solutions, today announced the closing of its acquisition of The Warranty Group from TPG Capital for a total enterprise value of approximately $2.5 billion. This reflects approximately 10.4 million Assurant shares, or $993 million based on the acquisition agreement closing price, and…
A.M. Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of National Guaranty Insurance Company of Vermont. The ratings reflect NGIC’ s balance sheet strength, which A.M. Best categorizes as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management.
By a News Reporter-Staff News Editor at Insurance Weekly News– PartnerRe Ltd. reported a net loss attributable to common shareholder of $120 million for the first quarter of 2018 compared to net income of $38 million for the same period of 2017. Commenting on results, PartnerRe President and Chief Executive Officer Emmanuel Clarke said, “We had solid…
