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Home > Archives for Insurance Updates

TypTap Insurance Company Receives Approval to Write Homeowners Insurance in Six Additional States as Part of Nationwide Expansion Plan

Posted on: December 16, 2020 By: Insurance Updates

TAMPA, Fla., Dec. 16, 2020 (GLOBE NEWSWIRE) -- TypTap Insurance Company, a rapidly growing, technology-driven insurance company wholly owned by HCI Group, Inc. (NYSE: HCI), has received regulatory approval to write homeowners Read More

Tokio Marine HCC – Cyber & Professional Lines Group Names Vice President of Cyber and Tech Underwriting

Posted on: December 16, 2020 By: Insurance Updates

ENCINO, Calif., Dec. 16, 2020 (GLOBE NEWSWIRE) -- Tokio Marine HCC – Cyber & Professional Lines Group today announced that Ari Giller has been appointed Vice President of Cyber and Tech Underwriting, effective November 13, Read More

Beazley Breach Insight: Ransomware severity and costs increase in 2020

Posted on: December 16, 2020 By: Insurance Updates

New York, Dec. 16, 2020 (GLOBE NEWSWIRE) -- Specialist insurer Beazley has reported that ransomware attacks increased in terms of both severity and costs this year compared to 2019 and have become the biggest cyber threat facing Read More

Brown & Brown, Inc. Enters Into Agreement to Acquire O’Leary Insurances

Posted on: December 16, 2020 By: Insurance Updates

DAYTONA BEACH, Fla., Dec. 16, 2020 (GLOBE NEWSWIRE) -- J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE:BRO), and Anthony O’Leary, the majority owner of O’Leary Insurances (“OLI”), today announced that Read More

A.M. Best Affirms Tokio Marine HCC Insurance Company Ratings of A++ With Stable Outlook

Posted on: December 15, 2020 By: Insurance Updates

HOUSTON, Dec. 15, 2020 (GLOBE NEWSWIRE) -- Tokio Marine HCC today announced that A.M. Best has affirmed the “A++ (Superior)” Financial Strength Ratings and “aa+” Long-Term Issuer Credit Ratings of the property/casualty insurance Read More

One80 Intermediaries Enters Warranty Business With Acquisition of Safeware

Posted on: December 15, 2020 By: Insurance Updates

Safeware, a fully licensed insurance agency and third-party administrator, expands One80’s platform to include warranty and product protection solutionsBOSTON, Dec. 15, 2020 (GLOBE NEWSWIRE) -- One80 Intermediaries (One80), a Read More

BRP Group, Inc. Enters Into Agreement to Acquire Tanner, Ballew & Maloof, Inc.

Posted on: December 15, 2020 By: Insurance Updates

– Adds $10.71 Million of Annualized Revenues – – Adds Significant Scale in the Large and Growing Atlanta MSA – – Strong Track Record of Growth – – Brings BRP Group’s Total Annualized Revenues from 2020 Read More

Hull & Company, LLC Announces the Asset Acquisition of South & Western General Agency, Inc.

Posted on: December 15, 2020 By: Insurance Updates

DAYTONA BEACH, Fla., Dec. 15, 2020 (GLOBE NEWSWIRE) -- J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE:BRO), and John J. (“JJ”) Horan, Jr., the sole shareholder of South & Western General Agency, Read More

Independence Holding Company Announces Semi-Annual Cash Dividend

Posted on: December 11, 2020 By: Insurance Updates

STAMFORD, Conn., Dec. 11, 2020 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today reported the declaration of its semi-annual cash dividend of $.22 per share of common stock, payable to stockholders of record on Read More

Burnham Benefits Insurance Services, Inc. Announces Agreement to Enter Into Partnership With BRP Group, Inc.

Posted on: December 11, 2020 By: Insurance Updates

IRVINE, Calif., Dec. 10, 2020 (GLOBE NEWSWIRE) -- Burnham Benefits Insurance Services, Inc. (“BBIS”), Burnham Gibson Wealth Advisors, Inc. (“BGWA”) and Burnham Risk and Insurance Solutions, LLC (“BRIS”) (collectively, Read More

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