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People: Smyth Moves to Summit; McDonald New Captive Head at South Carolina

Smyth named CFO at Summit Summit Consulting, a workers’ compensation insurance manager, announced Patrick Smyth has been named chief financial Source: Insurance Journal

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Weston Companies Merge to Form Cat-Focused P&C Insurer

Weston companies are one. Company officials recently announced that Florida-based Weston Insurance Co. and Weston Specialty Insurance Co. have merged Source: Insurance Journal

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World’s First Crypto Mortgage? Homeowners’ Insurers Don’t Hate It

If homeowners’ insurance carriers weren’t facing enough issues this year, here’s one more to think about: A Miami company is Source: Insurance Journal

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U.S. Surplus Lines Premium Up 22% in 2021

Surplus lines premium increased 22% and transactions rebounded almost 6.6% over their 2020 totals in the 15 states with designated Source: Insurance Journal

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Initial Probe of Fatal Train Crash at Crossing in Massachusetts Cites Employee Error

Investigators are focusing on human error as the likely reason a train struck a car at a crossing in Massachusetts Source: Insurance Journal

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Wildfire on California Coast Now 45% Contained

Shifting winds and increased humidity helped firefighters make progress against a blaze burning in rugged mountains near California’s Big Sur Source: Insurance Journal

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California Bill Would Require Insurers to Disclose Fossil Fuel Dealings

California Assemblyman Marc Levine (D-Marin County) on Tuesday introduced a bill to require insurance companies operating in California to disclose Source: Insurance Journal

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Texas, Oklahoma, Arkansas Among States With Highest Frozen Pipe Claims

State Farm paid more than $471 million in claims from frozen pipes in 2021, and more than two/thirds of claims Source: Insurance Journal

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TWIA Invites Public Comment For Catastrophe Modeling Services Vendor Recommendation

The Texas Windstorm Insurance Association is inviting the public to comment on its vendor for catastrophe modeling services ahead of Source: Insurance Journal

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Mississippi High Court Faults Evanston Exclusion Policy in Plant Explosion

Evanston Insurance Co. may yet be required to pay for damages under an excess liability policy following a 2014 fish Source: Insurance Journal

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