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Fidelis’ MGA Firestone Rebrands to Oakside
Fidelis Insurance announced it has rebranded its managing general agent (MGA), Firestone Surety Ltd., to Oakside Surety Ltd. London-based Oakside is focused on the small and medium-sized enterprises sector of the surety market and is managed through Pine Walk Capital …

POSTED JUNE 25, 2018 9:26 AM
Australia’s Scandal-Ridden CBA Overhauls Business, Eyes Sale of Insurance Arm
Commonwealth Bank of Australia said it would hive off its wealth management and mortgage broking businesses, and explore whether to divest its general insurance arm, as it narrows its focus down to traditional lending. Australia’s biggest bank also unveiled a …

POSTED JUNE 25, 2018 9:10 AM
Saudi Women Finally Hit the Road as Driving Ban Ends
They hit the road in celebratory packs, whooping and ululating for joy. Teenagers gathered on Riyadh’s main boulevard to gawk. Men cracked jokes about how lucky they were to no longer have to chauffeur their wives around. Saudi Arabia’s infamous …

POSTED JUNE 25, 2018 8:55 AM
Uber Girds for Court Battle to Continue Operating in London
In a TV ad currently airing in the U.K., a young woman leaves a bar alone and prepares to step into an Uber. “I know his license number and he’s made 3,000 trips and speaks four languages,” she says to …

POSTED JUNE 25, 2018 8:43 AM
USG Insurance Services Launches E-Cigarette, Vape Store Program
USG Insurance Services, Inc. has launched an exclusive e-cigarette and vape store program through its programs division, Allied American Underwriters. The program offers several coverages for a wide range of classes, including: distributors, wholesalers, importers/blenders, retailers, e-liquids & e-juices, e-cig …

POSTED JUNE 25, 2018 4:19 AM
California Workers’ Comp Rating Bureau Exploring Blockchain, Behavioral Science
One wouldn’t normally associate blockchain with workers’ compensation, two completely different industries that seem worlds apart. But as it turns out, the technology is of value to at least one very important entity in the space. The Workers’ Compensation Insurance …

POSTED JUNE 22, 2018 6:18 PM
Colorado Hailstorm Carries $169M Insurance Price Tag
Thousands of Fountain and Colorado Springs, Colo. area residents have spent the past week cleaning up and meeting with insurance adjusters after an unusual early morning June 13 storm pounded vehicles and roofs golf and baseball-sized hail. The storm caused …

POSTED JUNE 22, 2018 6:10 PM
Alaska Marijuana Regulators to Discuss Onsite Use
Alaska regulators are set to discuss proposed rules for allowing onsite consumption of marijuana at certain shops in August. Regulators have gone back and forth on onsite use, adopting rules in late 2015 to allow people to use marijuana at …

POSTED JUNE 22, 2018 3:22 PM
How Insurance Plans Contribute to Opioid Epidemic: Johns Hopkins Study
Health care insurers including Medicare, Medicaid and major private insurers have not done enough to combat the opioid epidemic, suggests a study led by researchers at Johns Hopkins Bloomberg School of Public Health. The Bloomberg School researchers examined major insurers’ …

POSTED JUNE 22, 2018 3:10 PM
Motorcyclist Hit by Police SUV in California to Get $12M
Officials in Oakland, Calif. have agreed to pay $12 million to a motorcyclist who lost a leg and was badly hurt when struck by a police vehicle that allegedly ran a red light. The East Bay Times reported that the …

POSTED JUNE 22, 2018 3:09 PM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Outcalt Kerns Insurance, LLC confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.

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