Mercury General Corporation names Victor Joseph Executive Vice President and COO

G. Turner
Mercury General Corporation - Job Promotion

The company has called this a positive step forward “for a strong and vibrant future”. Mercury General Corporation (NYSE stock symbol MCY) recently announced that it has named Victor Joseph as its Executive Vice President and Chief Operating Officer (EVP & COO). The position was newly created, and Joseph will become the first to hold the title. Joseph will take this new position at Mercury General Corporation as of the start of next year. He was chosen to start with this newly created title on January 1, 2022, as an…

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CAA files lawsuit against insurance company for failure to cover pandemic losses

H. Cutner
Insurance company - Lawsuit filed

This has become the most recent instance of a media and entertainment firm suing an insurer for this reason. CAA has filed a lawsuit against an insurance company in what has become the latest instance of a media and entertainment organization suing an insurer for denying payment on loss claims regarding pandemic shutdowns. The Creative Artists Agency filed a civil suit with the Los Angeles Superior Court. The Hollywood-based agency filed a civil lawsuit against an insurance company. The suit was filed in the Los Angeles Superior Court against Affiliated…

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Mississippi Senator Pushes for One Year National Flood Insurance Program Extension

Marc
National Flood Insurance Program - home floating on life saver

Sen. Cindy Hyde-Smith is seeking legislation to extend NFIP for another year beyond September 30. The National Flood Insurance Program (NFIP) is approaching its expiry date on September 30, but Mississippi Senator Cindy Hyde-Smith is pushing for legislation that will provide another year’s extension. Over five million American families and businesses rely on NFIP protection, many of which are in the state. More than 60 thousand people in Senator Hyde-Smith’s home state depend on National Flood Insurance Program coverage. The senator is one of the NFIP Extension Act of 2021…

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SC lawyer hired hitman to cash in on $10 million life insurance policy for family

Logan B.
Life insurance policy - handing over money

South Carolina attorney Alex Murdaugh arranged for someone to kill him earlier this month. South Carolina lawyer Alex Murdaugh hired a hitman to kill him and make it possible for his child to collect on a $10 million life insurance policy, according to authorities. The scam was an “attempt on his part to do something to protect his child,” said his attorney, Richard Harpootlian. Fifty-three-year-old Murdaugh survived the shooting on September 4. Police said that Murdaugh claimed that he had been shot in the head while he was changing a…

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Michigan Senate adopts Life Insurance Awareness Month resolution

Nordstrom
Life Insurance Awareness Month - Michigan Flag

Sponsored by Senator Lana Theis, it recognizes September as a time to learn about the benefits. The Michigan state senate has adopted a Life Insurance Awareness Month resolution sponsored by Senator Lana Theis. The resolution recognizes September as the time for state residents to learn about policies. Michigan’s Senate recognized September as Life Insurance Awareness Month, a time in which residents are encouraged to learn about these policies, their premiums, and the way in which their families may benefit in case the worst should happen. The goal is to help…

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One in 6 employees stay at their jobs for the health plan

G. Turner
Health plan - Helath Insurance Plan

A West Health and Gallup study showed that people are sticking with employers that cover them. West Health and Gallup recently released the results of a study in which they found that 16 percent of workers are staying at their jobs in order to keep their health plan. The fear of losing their insurance benefits is locking people into positions they’d like to leave. “Approximately 158 million people, or more than half of the U.S. adult population, receive health insurance via their own employer or the employer of a household…

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Dennis M. Baez Joins Berkley Construction Professional as Senior Vice President of Underwriting

PR Article
Dennis M. Baez Joins Berkley Construction Professional as Senior Vice President of Underwriting

Morristown, N.J. (August 31, 2021) – Dennis M. Baez joins Berkley Construction Professional, a division of Berkley Alliance Managers, a Berkley Company, as a senior vice president of underwriting. He is responsible for underwriting primary and excess business within the retail and wholesale insurance communities, fostering strong broker relationships and achieving profitable growth for Berkley Construction Professional’s contractors’ and owners’ professional liability portfolio. “Dennis’ extensive experience at several global leaders in insurance broking will help us better understand the professional liability needs of our customers and enable us to develop…

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