insurance

Hundreds of Kentucky HBPA-member trainers will now be eligible to sign up for a workers' compensation policy that covers their stable employees at a possible substantial savings. In a statement released Thursday morning, the Kentucky HBPA noted that "Kentucky HBPA members are now eligible for an existing partial self-funded workers' compensation program created and managed by horsemen. The insurance eligibility and procedures will be under HBPA Insurance Workers' Compensation. The partial self-funded program is administered by Gallagher Risk Management and insured by Bridgefield Casualty Insurance Company, which is an A+...

OwnerView, an effort spearheaded by The Jockey Club and the TOBA, is hosting its first virtual Thoroughbred Owner Conference panel to be held Tuesday, March 11, at 2:00pm, with a discussion pertaining to accounting, legal, and insurance considerations. Gary Falter, project manager for OwnerView, will moderate the panel with guests Chapman Hopkins, chair of Stoll Keenon Ogden's Equine Litigation group; Joe Daugherty, public accountant for Dean Dorton, leading equine tax practice; and Mike Levy, founder of Muirfield Insurance. "The OwnerView webinar series is the industry's leading effort to educate and...

DUAL, the specialist underwriting arm of Howden Group Holdings, has completed the acquisition of David Ashby Underwriting Limited ("DAU"), a MGA specialising in bloodstock and high value sport horse insurance. The latter had earlier been formed in 2020 following David Ashby's purchase of Amlin's bloodstock and livestock book and provided cover in Thoroughbred bloodstock, commercial breeding, rear and racing, and high value sports horses. David Howden, CEO, Howden, said: "Joining with David and his expert team deepens our connection to the equestrian world, and makes us a true differentiator in...

A co-owner of the deceased stallion Laoban (Uncle Mo) is suing a collective of insurance providers in an alleged wrongful denial of coverage case for failing to pay out on mortality policies in the aftermath of the 8-year-old's sudden death 10 months ago. The civil complaint was filed Mar. 22 in Kentucky's Fayette Circuit Court. Paulick Report first broke the story. According to the court filing, Cypress Creek Equine, LLC, wants the defendants--North American Specialty Insurance Company, XL Specialty Insurance Company and Underwriters at Lloyd's, London and Lloyd's Kentucky, Inc.--to...

The Jockeys' Guild and Colonial Downs Group have entered into a long-term industry partnership agreement. Under the terms of the multi-year deal, Colonial Downs will contribute to the Guild to help subsidize health insurance, life insurance and temporary disability benefits for members who regularly ride at Colonial Downs, as well as benefits for all jockeys who are members of the Jockeys' Guild and ride in the United States. "The safety of both jockeys and equine athletes is a priority at Colonial Downs," said Jill Byrne, Vice-President of Racing Operations at...