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Pennsylvania’s Erie Insurance Names Palczer as Vice President of Property and Subrogation
Erie Insurance, a homeowners and automobile insurer based in Erie, Penn., has named Matt Palczer as vice president of property and subrogation. Palczer began his career with Erie Insurance in 2002 as a mail clerk in the Murrysville, Penn., branch. …

POSTED MAY 21, 2018 12:55 PM
Arca Capital Backs Icahn in Trying to Stop AmTrust Privatization Plan
The Prague-based investment firm Arca Capital said it plans to work with activist investor Carl Icahn and other minority shareholders to prevent a proposed privatization of AmTrust Financial Services Inc. Arca Capital owns approximately 2.4 percent of outstanding shares of …

POSTED MAY 21, 2018 12:19 PM
Midwest Agencies — North Risk Partners, Bearence Management Group — Merge
Minnesota’s North Risk Partners has merged with Bearence Management Group, another independent insurance brokerage firm with over 80 employees spread across three Midwest locations – Mendota Heights, Minn., Des Moines, Iowa, and Omaha, Neb – and a mix of product …

POSTED MAY 21, 2018 5:46 AM
Insurance Group of St. Charles County Acquires Insurance of Ellisville
Missouri-based Insurance Group of St. Charles County recently purchased Insurance of Ellisville, a family owned and operated company that was founded in 2016 by owner Benjamin Moore. Founded in 1992, Insurance Group of St. Charles County is a full-service insurance …

POSTED MAY 21, 2018 5:40 AM
Oklahoma Woman Mauled to Death by Pack of 7 Small Dogs
Authorities are investigating whether criminal charges should be filed after an Oklahoma woman was mauled to death by seven small dogs, most of them possibly a dachshund-terrier mix. Carter County Sheriff Chris Bryant says 52-year-old Tracy Garcia was killed last …

POSTED MAY 21, 2018 5:07 AM
DeHaan Named Chairman of ISMIE Mutual Insurance
Chicago-based medical professional liability provider, ISMIE Mutual Insurance Co., named orthopaedic surgeon Paul H. DeHaan, M.D. as chairman. Dr. DeHaan, previously ISMIE vice chairman, has been elected to succeed Dr. Harold L. Jensen as chairman of its board of directors. …

POSTED MAY 21, 2018 5:02 AM
Why Lloyd’s Chose Brussels for Post-Brexit Outpost: CEO Beale
Lloyd’s of London remains on schedule to have its post-Brexit outpost ready for business beginning in January 2019, CEO Inga Beale confirmed at a recent meeting of U.S. regulators in Washington, D.C. “We’re just working through the final regulatory aspects …

POSTED MAY 21, 2018 5:00 AM
Adviser to China Central Bank Urges Two-Track Opening for Financial Services
China’s financial services market should be opened further to foreign competition, but liberalization of cross-border capital flows should be done more cautiously, an adviser to China’s central bank said at a forum on Sunday. Financial opening also should an orderly …

POSTED MAY 21, 2018 5:00 AM
Lemonade Proposes Open Source Insurance Policy for All to Change, Adopt
Technology-focused homeowners and renters insurer Lemonade Inc. has proposed an open source renters insurance policy that anyone can contribute to changing, even its rivals since Lemonade is not copyrighting it. The aim is to develop a policy that is written …

POSTED MAY 21, 2018 5:00 AM
Big Batteries Could Pose Big Fire Risk for Cities
The new era of big batteries has already drawn scrutiny after fiery electric-car crashes across America and Europe. Now, U.S. city planners are worried about the same risk of hard-to-control blazes as these power-storage units make their way into basements …

POSTED MAY 21, 2018 5:00 AM

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