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Zebra Online Insurance Agency Gets $40M from Investors and New CEO from Kayak
The Zebra, an online auto insurance comparison marketplace, plans to use $40 million in new venture funding to double down on brand building, product expansion and customer outreach. Company co-founder and Chief Operating Officer Joshua Dziabiak told Carrier Management via …

POSTED SEPTEMBER 20, 2017 2:21 PM
24 Indicted in Staged Crash Case in Vegas Involving $500K in Claims
Nevada’s top state prosecutor says 24 people have been indicted in a scheme alleging they staged car crashes and filed about $500,000 worth of fraudulent insurance claims in Las Vegas. Attorney General Adam Laxalt said the 68-count indictment filed last …

POSTED SEPTEMBER 20, 2017 2:16 PM
Small Quake in Los Angeles Had Southern Californians Lighting up Twitter
A small earthquake with an epicenter just outside Los Angeles had people in Southern California talking on social media. The U.S. Geological Survey confirmed a magnitude-3.6 quake hit at about 11:20 Monday night. Its epicenter was about 3.6 miles northwest …

POSTED SEPTEMBER 20, 2017 2:13 PM
A.M. Best Warns on Hurricane Maria Impact on Caribbean/Puerto Rican Insurers
Many insurers and reinsurers in the Caribbean and in Puerto Rico will be tested as they brace for Hurricane Maria, the second hurricane to hit the region in two weeks, according to ratings agency A.M. Best. Hurricane Maria could be …

POSTED SEPTEMBER 20, 2017 2:09 PM
New York State Prepares Long Island for Hurricane Jose’s Impact
New York state officials have deployed members of the National Guard and specialized emergency response units to Long Island to prepare for potentially severe weather caused by Hurricane Jose. Gov. Andrew Cuomo says 100 members of the National Guard, 13 …

POSTED SEPTEMBER 20, 2017 1:48 PM
Kansas Banker Sentenced to Prison for Defrauding Bank, Insurance Company
Prosecutors say a former Kansas banker has been sentenced to prison eight months in prison for a wire fraud scheme that included the theft of funds from a bank and an insurance company as well as filing false tax returns. …

POSTED SEPTEMBER 20, 2017 1:47 PM
MarketScout Hires U.S. Risk’s Vincent as VP in Houston
MarketScout, the Dallas, Texas based insurance exchange and specialty MGA, has expanded its Professional Liability Division with the addition of Michele Vincent as vice president, healthcare practice leader. Vincent joins the professional liability practice with more than 20 years of …

POSTED SEPTEMBER 20, 2017 1:45 PM
Former New Jersey Postal Worker Went Zip-Lining While on Disability
A former postal worker who had claimed a wrist injury prevented him from working posted photos of himself zip-lining and rappelling, state authorities said Monday as they announced insurance fraud and theft charges. Robert McGeehan, of Lower Township, N.J., is …

POSTED SEPTEMBER 20, 2017 1:43 PM
2 New Insurers Approved to Do Business in Arkansas
Arkansas Insurance Commissioner Allen Kerr has approved two new companies to begin conducting insurance business in his state. Kerr granted a Certificate of Authority to Security First Insurance Co. (SFIC) of Ormond Beach, Fla., to sell property/casualty products in Arkansas …

POSTED SEPTEMBER 20, 2017 1:41 PM
Papadopoulo to Succeed McElroy as CEO of Arch Worldwide Group; Rajeh Moves to CEO Worldwide Reinsurance
Arch Capital Group Ltd. announced that Nicolas Papadopoulo will become chairman and CEO of Arch Worldwide Insurance Group and chief underwriting pfficer for Property & Casualty operations. Papadopoulo, who joined Arch in 2001 and currently serves as chairman and CEO …

POSTED SEPTEMBER 20, 2017 1:39 PM

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