Category Archives for Uncategorized

Southern California in ‘Great Danger’ From Christmas Flooding

A powerful winter storm is lashing Southern California, prompting California Governor Gavin Newsom to proclaim a state of emergency in Los Angeles and neighboring counties. Coastal communities are bracing for multiple months’ worth of rain…

Global Indemnity’s Penn-America Underwriters Launches its First Reinsurance MGA

Global Indemnity Group LLC (GBLI) announced that its subsidiary, Penn-America Underwriters LLC, is launching its first reinsurance managing general agency (MGA), in partnership with veteran reinsurance executive George Dragonetti, who will also serve as president…

California Court Rules LA Retailer Illegally Sold Credit Insurance

The California Second District Court of Appeals found that a retail store chain illegally sold credit insurance to its customers. The California Department of Justice charged Adir International LLC (dba Curacao), and its owner Ron…