All Posts

Young Employees Are Increasingly Struggling at Work, While Older Workers Fare Better

Carrier Management

Young Employees Are Increasingly Struggling at Work, While Older Workers Fare Bette...

Posted: Jun 13, 2024

Calling All Top Agencies & Agency Partnerships: Enter to Be Recognized Now

Insurance Journal

It’s that time again! We hope you will consider entering your agency for Insurance Journal’s 2024 Top 100 independent agencies listing and Top Agency Partnerships listing. There are four ways to qualify: Top 100 Independent P/C Agencies T...

Posted: Jun 13, 2024

Former Iowa Insurance Agent Sentenced 19 Years for Defrauding the Elderly

Insurance Journal

A former Iowa insurance agent and annuity salesman was sentenced to 19 years in prison for defrauding elderly individuals out of their retirement savings. A federal judge on Wednesday sentenced Zach Flaherty, age 47, of Clive, to 222 months for &#823...

Posted: Jun 13, 2024

Study Finds Higher Levels of Dangerous Chemical Than Expected in SE Louisiana

Insurance Journal

NEW ORLEANS (AP) — Researchers using high-tech air monitoring equipment rolled through an industrialized stretch of southeast Louisiana in mobile labs and found levels of a carcinogen in concentrations as much as 20 times higher than previously estim...

Posted: Jun 13, 2024

Texas Ranchers Face Growing Risk as Abandoned Oil Wells Gush Gassy Water

Insurance Journal

In recent years, Schuyler Wight has noticed a growing number of abandoned oil wells coming back to life, gurgling fluids on the surface of his West Texas ranch. Last week he found the biggest one yet. Gassy water was gushing …

Posted: Jun 13, 2024

Four Tops Singer Sues Detroit-Area Hospital for Racial Discrimination

Insurance Journal

WARREN, Mich. (AP) — The lead singer of the Four Tops said a Detroit-area hospital restrained him and ordered a psychological exam after refusing to believe that he was part of the Motown music group. Alexander Morris, who is Black, …

Posted: Jun 13, 2024

Strong outlook for Lloyd’s market in 2024: Howden

Reinsurance News

A recent report by Howden highlights that the conditions and prospects for the Lloyd’s market remain strong in 2024, characterised by strong rate adequacy across nearly all business classes, and minimal indications of new capital entering the mark...

Posted: Jun 13, 2024

IMG expands partnership with Teladoc Health

coverager

IMG will utilize Teladoc Health's platform for telehealth and prescription services outside of the U.S.

Posted: Jun 13, 2024

Microsoft to retire GPT Builder feature

coverager

Microsoft is shifting its focus on GPTs to Commercial and Enterprise scenarios.

Posted: Jun 13, 2024

Vertafore’s Project Impact aims to deliver up to two hours of time savings per day for servicers at...

coverager

InsurTech leader invests in initiative to simplify workflows and drive efficiency for account managers at the heart of agency operations

Posted: Jun 13, 2024

R&Q may file for provisional liquidation

coverager

R&Q issued a press release that provides an update on the proposed sale.

Posted: Jun 13, 2024

Hagerty commences warrant exchange offer and consent solicitation

coverager

This move aims to simplify Hagerty's capital structure and reduce the potential dilutive impact of the warrants.

Posted: Jun 13, 2024

Amazon Drivers File Arbitration Claims Seeking Unpaid Wages in Independent Contractor Dispute

Carrier Management

Amazon Drivers File Arbitration Claims Seeking Unpaid Wages in Independent Contractor Dispute Thousands...

Posted: Jun 13, 2024

Sidekick raises £8.5 million

coverager

MS&AD ventures participated in the round.

Posted: Jun 13, 2024

Elon Musk drops OpenAI lawsuit

coverager

The companies will leverage their collective expertise and data to derive insights which will enable the early detection of risk factors for common conditions affecting pets.

Posted: Jun 13, 2024

Swiss Re & Appian expand partnership for underwriting workbench in EMEA & Asia

Reinsurance News

In partnership with reinsurer Swiss Re, Appian, a technology company known for its software solutions, is expanding its Connected Underwriting Life Workbench solution into select countries across Asia Pacific, Europe, the Middle East, and Africa (...

Posted: Jun 13, 2024

Why Risk Transfer Is Essential To A Motor Carrier

Risk & Insurance

Trucking is a bustling industry, where the movement of goods is constant and motor carriers are responsible for delivering freight efficiently and on time. The post

Posted: Jun 13, 2024

Unbundled Fronting: Resilience In Uncertain Times

Risk & Insurance

Volatility and uncertainty in any environment can create challenges but they can also create opportunities. Those who are willing to adapt and are motivated to succeed can flourish. The post

Posted: Jun 13, 2024

Everest Insurance Intl. hires AXIS Capital’s Hamblin as Head of D&F Property

Reinsurance News

Everest Insurance International, a division of Bermuda-based insurer and reinsurer Everest Group, Ltd., has appointed Laura-Jayne Hamblin as Head of D&F Property. Based in London, Hamblin joins the firm with 20 years of industry expertise. She...

Posted: Jun 13, 2024

People Moves: Hamilton Insurance DAC Promotes Reynolds as CEO; Dale Underwriting Partners Names Brid...

Insurance Journal

This edition of International People Moves details appointments at Hamilton Insurance DAC, the Irish subsidiary of Hamilton Insurance Group, and Dale Underwriting Partners in London. A summary of these new hires follows here. Hamilton Insurance DAC P...

Posted: Jun 13, 2024

Kita expands carbon credit insurance to EU and EEA markets

Reinsurance News

Kita, a carbon insurance specialist and Lloyd’s of London coverholder, has announced it will now offer carbon credit delivery risk insurance to EU & EEA insureds, complementing existing coverage for buyers and investors in the UK, USA, Canada,...

Posted: Jun 13, 2024

Key Emerging Risks: Cascading Effects of Natural Disasters, Supply Chain Resilience

Carrier Management

Key Emerging Risks: Cascading Effects of Natural Disasters, Supply Chain Resilience Key emerging risks facing...

Posted: Jun 13, 2024

SpaceX Sued by Engineers Fired After Accusing Elon Musk of Sexism

Carrier Management

SpaceX Sued by Engineers Fired After Accusing Elon Musk of Sexism Rocket maker SpaceX and its CEO Elon Musk we...

Posted: Jun 13, 2024

Most U.S. Drivers Support Anti-Speeding Technology in Vehicles: IIHS Survey

Carrier Management

Most U.S. Drivers Support Anti-Speeding Technology in Vehicles: IIHS Survey More than 60 percent of the dr...

Posted: Jun 13, 2024

Thousands of Amazon Drivers File Arbitration Claims for Unpaid Wages, Other Losses

Insurance Journal

Thousands of delivery drivers filed legal claims against Amazon, alleging the company’s classification of them as independent contractors instead of employees has led to unpaid wages and other financial losses. Two law firms spearheading the ac...

Posted: Jun 13, 2024

UK Puts First Sanctions on Russia’s Shadow-Fleet Oil Tankers

Insurance Journal

The UK announced wide-ranging sanctions on Russia, including a first attempt to clamp down on a shadow-fleet of tankers transporting the Kremlin’s oil and a key Moscow-based insurance company.The measures target four oil tankers out of a fleet...

Posted: Jun 13, 2024

McGrath to head Markel’s Fine Art North America team

Reinsurance News

Markel, the insurance operations within Markel Group Inc., today announced the appointment of Kyle McGrath as Head of Fine Art – North America, with immediate effect. Based in New York, McGrath will be responsible for leading Markel’s Fine Art bus...

Posted: Jun 13, 2024

NC Bill to Make Manufacturers Pay for ‘Forever Chemicals’ Advances in House

Insurance Journal

RALEIGH, N.C. (AP) — North Carolina’s top environmental regulator could order manufacturers of “forever chemicals” to help pay for water system cleanup upgrades whenever they are found responsible for discharges that contaminate dri...

Posted: Jun 13, 2024

Overnight Fire Damaged or Destroyed 15 Boats at Nevada Marina

Insurance Journal

Authorities are trying to determine the cause of a fire that damaged or destroyed about 15 boats at a Lake Mead National Recreation Area marina in Nevada. National Park Service officials said the fire began around 12:30 a.m. on Sunday …

Posted: Jun 13, 2024

Florida Jury Says Chiquita Brands Must Pay $38M for Colombia Deaths

Insurance Journal

Banana giant Chiquita Brands must pay $38.3 million to 16 family members of people killed during Colombia’s long civil war by a violent right-wing paramilitary group funded by the company, a federal jury in Florida decided. The verdict Monday b...

Posted: Jun 13, 2024