admin | E & J Insurance Agency

Jumpstart Parametric Earthquake Firm on Move in West

Jumpstart Insurance Solutions Inc. is on the move in the earthquake-prone West – and the company is now working with insurance agents. Jumpstart, a licensed surplus lines insurance broker using Lloyd’s capacity, began offering earthquake insurance in California a little … Source: Insurance News

Alabama Transgender Driver’s License Policy Ruled Unconstitutional

22Januaryadmin

Alabama’s policy requiring a transgender person to undergo full gender reassignment surgery before they can change the sex on their driver’s license is unconstitutional, a federal judge ruled Friday. U.S. District Judge Myron Thompson said Alabama policy’s that people “can … Source: Insurance News

Investors Suing Bayer Blame Drop in Stock on Buying Monsanto, Roundup

22Januaryadmin

Two law firms are suing Bayer for damages on behalf of shareholders, claiming the German group’s management should have warned of the risk of lawsuits over the Roundup weedkiller when Bayer acquired Roundup maker Monsanto. Weekly Wirtschaftswoche reported on Friday … Source: Insurance News

China Says Its Fintech Antitrust Moves Not Targeted at Private Banks, Insurers

22Januaryadmin

China’s recent antitrust measures are not aimed at its private sector and do not seek to hinder the development of such firms, a senior banking and insurance regulator said on Friday, as the country looks to expand scrutiny of the … Source: Insurance News

Deadline Approaches for New York-Bermuda InsurTech Early Stage Competition

22Januaryadmin

The submission deadline for the 2021 InsurTech Early-Stage Competition is approaching on January 29, 2021. Global insurtech hub InsurTech NY and the Bermuda Business Development Agency (BDA), Bermuda’s independent economic development public/private partnership, have joined forces for the competition, which … Source: Insurance News

Bage Appointed CEO at MAX Insurance in Kansas

21Januaryadmin

Overland Park, Kansas-based MutualAid eXchange (MAX) has named Dr. Lisa Bage, currently chief operating officer at MAX, as CEO and president effective Feb. 15, 2021. She will succeed current President and CEO David M. Wine, who is retiring following 20 … Source: Insurance News

Alera Group Acquires CSNW Benefits in Oregon

21Januaryadmin

Alera Group has acquired CSNW Benefits in Portland, Ore. The CSNW Benefits team will continue serving clients in their existing roles. Terms of the deal were not announced. CSNW Benefits serves clients throughout the Northwest region, creating employee benefits and … Source: Insurance News

Poms & Associates in California Adds Fontelieu and Toland

21Januaryadmin

Poms & Associates has added Ed Fontelieu and Jason Toland to the commercial insurance production team. Fontelieu and Toland will work with Poms & Associates clients to deliver risk management solutions. Fontelieu is based in Fresno, Calif. He joins Poms … Source: Insurance News

Liberty Specialty Markets Launches German Terrorism Insurance Coverage

20Januaryadmin

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has launched new terrorism insurance coverage in the German market, effective immediately. Since LSM entered the market in 2018, business written used the standard London market cover. The new terrorism … Source: Insurance News

AkinovA Granted Bermuda License to Operate as Electronic Insurance Marketplace

20Januaryadmin

AkinovA (Bermuda) Ltd., the wholly owned Bermuda trading subsidiary of AkinovA Ltd., has been granted the first “Insurance Marketplace Provider” license by Bermuda’s financial services regulator. This new category of insurance intermediary provides capital providers, brokers, agents and cover buyers … Source: Insurance News