State of California takes over control of former Berkshire insurance unit

Berkshire Insurance Unit - Warren Buffett of Berkshire Hathaway

The Department of Insurance said that it never gave its approval to the sale of the company. The California Department of Insurance have seized a former Berkshire insurance unit. The regulators claim that the sale of California Insurance Co. was in violation of state regulations. This is the latest step in the ongoing controversy regarding the sale of the unit. Earlier this week, the California Department of Insurance said that it had not given its approval to the sale of the Berkshire insurance unit with Applied Underwriters, a workers’ compensation…

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UMIP’s Partner Announces Company Name Change and Launch of Religious-Focused Sub-Brand

Cleveland, OH, November 07, 2019 –(PR.com)– AmVenture Insurance Agency, Inc., the exclusively-endorsed property and casualty insurance provider of the United Methodist Insurance Program (UMIP), is pleased to announce that the company name has changed to Suracy Insurance Agency, Inc. This name change marks the last stage in the company’s launch as an independent insurance agency after separating from its former parent company in January 2019. Additionally, the company is announcing the launch of its sub-brand, Suracy Faith, which will focus on providing insurance solutions for religious organizations nationwide. “We are…

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Judge stops Trump order making immigrant proof of health insurance mandatory

Proof of health insurance - gavel - judge

A federal judge has temporarily blocked the regulation for would-be immigrants. A federal judge has stepped in the way of one of President Donald Trump’s orders that would require would-be immigrants to provide proof of health insurance. Federal health officials and immigration attorneys are concerned that the block is temporary. Officials and immigration attorneys have said that they are still worried that the Trump administration’s order could be put into effect. This would make it a requirement for potential immigrants to provide proof of health insurance. The officials and attorneys…

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Ed Sheiffele of Berkley Construction Professional to Discuss Real Estate Development Trends & Challenges at IRMI Construction Risk Conference

Roswell, GA, November 06, 2019 –(PR.com)– Ed Sheiffele, senior vice president at Berkley Construction Professional, a division of Berkley Alliance Managers, a Berkley Company, will participate in a panel discussion detailing Real Estate Development Errors, Omissions Risks and Insurance at the IRMI Construction Risk Conference to be held November 10 – 13 at the Washington State Convention Center in Seattle, Washington. “Claims commonly affect the developers, owners and contractors connected to all types of development projects nationwide,” says Sheiffele. “The exposures and liabilities have rapidly expanded beyond traditional real estate…

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4 Things to Consider When Picking a Benefits Plan

group health insurance benefits plan

Group benefits are a critical part of your compensation strategy. More importantly, the benefits you provide or don’t provide can affect your retention of key talent. Yet there are many options out there, and it can be hard to choose the right benefit plan for your employees. Here are four things to consider when picking a benefits plan. The Total Price Tag Employees want insurance with no premiums, but they’ll love benefits with low premiums. The difficulty is finding good group insurance plans that offer the coverage employees want at…

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Innovation Group Unveils IG Gateway, A Mobile, Unified Cloud Platform for Property & Auto Claims Coordination

innovation group auto and property claims

LAS VEGAS – SEMA Show, Nov. 5, 2019 – Innovation Group, an international insurance claims administrator for auto, property, body shops, fleet and leasing operators with 1,200 global clients, today announced official release of its cloud-based, integrated and scalable mobile claims management application that enables  all parties to track/manage claims processing from FNOL to settlement.   A digital hub for all stakeholders in the claims process, the Innovation Group platform brings complete transparency to the claims process and is accessible by adjusters, contractors, body shops and fleet operators, policyholders and…

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California wildfire preparedness takes the spotlight as evacuations rise

California wildfire preparedness - forest fire

Thousands of residents are learning how to prepare as power outages and smoky conditions increase. California wildfire preparedness has become an important topic in the state as blazes continue to rage in various parts of the state, including in regions around Los Angeles. As the threat of fire intensifies and evacuations increase, residents are learning how to be ready. Residents who have not already made a California wildfire preparedness plan are being advised to do so. The reason is that there isn’t always a lot of advance warning before the…

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