Live Breaking News & Updates on Property and casualty insurance providers

Liz Weston: 3 times you need money advice from a human

You can now manage most aspects of your money without ever consulting another human being. You can budget, borrow, save, invest, buy insurance, prepare your tax return and create a

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Denver Area Family Avoids $513,910 Mortgage Fraud Scam


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Denver Area Family Avoids $513,910 Mortgage Fraud Scam
Canyon TitleApril 13, 2021 GMT
DENVER, April 13, 2021 (GLOBE NEWSWIRE) Canyon Title Inc, a Boston National Company, announced today they will be co-hosting a webinar with fraud prevention expert Tom Cronkright, CEO of CertifID. The webinar, ” To Catch A Fraudster,” is scheduled for April 14th at 11 a.m. Eastern/9 a.m. Mountain.
On February 21st, 2021, a local Greenwood Village family was refinancing their home. The fraudster sent instructions to wire the payoff of $513,910.57 to a Wells Fargo account by posing as a lender who sent fraudulent wiring instructions from the loan servicing company. The good news is by collaborating with the Secret Service and the FBI, the accounts were frozen, and the monies were recovered. Register for this webinar to gain insight into how criminals use phishing scams to compromise email accounts and steal wire transfers. This session will also review ways to avoid these types of scams.

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Seibels Completes Guidewire Implementation for Gulfstream Insurance in Florida


Press release content from Business Wire. The AP news staff was not involved in its creation.
Seibels Completes Guidewire Implementation for Gulfstream Insurance in Florida
March 11, 2021 GMT
COLUMBIA, S.C. (BUSINESS WIRE) Mar 11, 2021
Seibels is pleased to announce another successful implementation for its client, Gulfstream Property and Casualty Insurance Company, as their latest deployment went live on March 1, 2021. A Guidewire Preferred BPO Provider, Seibels launched Guidewire for policy administration, billing, and digital engagement, positioning Gulfstream to offer their agents and policyholders an enhanced user experience built on world-class technology.
“My experience with the Seibels team and their deployment of Guidewire for our Florida insureds has been one of the most collaborative and team-oriented projects I’ve ever worked on,” said

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AM Best Revises Outlooks to Stable for Argo Group International Holdings, Ltd. and Its Subsidiaries; Affirms Credit Ratings


Press release content from Business Wire. The AP news staff was not involved in its creation.
AM Best Revises Outlooks to Stable for Argo Group International Holdings, Ltd. and Its Subsidiaries; Affirms Credit Ratings
March 12, 2021 GMT
OLDWICK, N.J. (BUSINESS WIRE) Mar 12, 2021
AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” of Argo Re Ltd. (Argo Re) (Pembroke, Bermuda) and its subsidiaries. AM Best also has revised the outlooks to stable from negative and affirmed the Long-Term ICR of “bbb-” and the Long-Term Issue Credit Ratings (Long-Term IR) of the parent, Argo Group International Holdings, Ltd. (Argo Group) (Pembroke, Bermuda) [NYSE: ARGO]. Additionally, AM Best has revised the outlooks to stable from negative and affirmed the Long-Term ICR of “bbb-” and the Long-Term IR of Argo Group US, Inc. (Argo US) (headquartered in San Antonio, TX). Argo US’ senior unsecured notes are fully and unconditionally guaranteed by Argo Group. (See below for a detailed listing of the companies and ratings.)

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FedNat Holding Company Reports Fourth Quarter and Full Year 2020 Results


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
FedNat Holding Company Reports Fourth Quarter and Full Year 2020 Results
FedNat Holding CompanyMarch 2, 2021 GMT
SUNRISE, Fla., March 02, 2021 (GLOBE NEWSWIRE) FedNat Holding Company (the “Company”) (Nasdaq: FNHC) today reported results for the three and twelve months ended December 31, 2020.
Q4 2020 highlights (as measured against the same three-month period last year, except where noted):
Net loss of $32.9 million or $2.40 per diluted share
Adjusted operating loss of $26.9 million or $1.96 per diluted share.
$31.1 million, pre-tax, net of recoveries, of claims related to Hurricanes Delta, Zeta and Eta, which together impacted portions of Texas, Florida, Louisiana and Alabama, as previously communicated.

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