Amica Mutual Insurance

Insurance Business America | March 30, 2020

A bill being drafted in the state of New Jersey could put certain property insurers on the hook for business interruption losses due to the COVID-19 outbreak. Once approved, NJ Draft Bill A-3844 would immediately take effect, and will apply retroactively to insurance policies in force on March 09, 2020, specifically those policies that insure against loss or damage to property, as well as loss of use, occupancy and business interruption coverage. Essentially, the bill voids any virus exclusions ...

Core Insurance

Hub International Ltd | July 12, 2021

Hub International Limited (Hub), a leading worldwide insurance brokerage and financial services company, announced the acquisition of Pete Webb Agency's insurance brokerage assets. The transaction's terms were not revealed. Pete Webb, the owner, formerly worked for Nationwide Mutual Insurance Company (Nationwide), which has now moved to an independent broker model. Pete Webb Agency, located in Fredericksburg, Virginia, offers personal and commercial insurance services such...

GEICO | March 24, 2020

To help customers in a financial pinch in the wake of the COVID-19 pandemic, GEICO has announced that it is temporarily pausing cancellation of coverage due to non-payment and policy expiration. According to a company release, the pause will remain in effect through April 30, 2020. On top of the suspension of cancellations, GEICO also has plans to offer flexible, special payment plans to those who need it once normal billing operations resume. “This ongoing situation impacts everyone, and ...

Dominion Energy | June 02, 2020

Virginia's disconnection policy, implemented after the company's voluntary suspension, is due to expire June 15. The State Corporation Commission is accepting comments on next steps. To create certainty for customers, we are requesting the ...