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Human Assistance Still Top Choice for Insurance Advice, While AI Interest Rises While 88 percent of...
Posted: Oct 01, 2024
U.S. Labor Board Accuses Apple of Imposing Illegal Workplace Rules A U.S. labor board...
Posted: Oct 01, 2024
Hawaii High Court Agrees to Weigh in on $4B Wildfire Settlement Hawaii's Supreme Court will consider q...
Posted: Oct 01, 2024
Cyber incidents emerge as the top cause of IT downtime and data loss for U.K. businesses, underscoring the urgent need for robust cybersecurity measures, a survey by Databarracks finds. The post
Posted: Oct 01, 2024
Minden Seafood, LLC, a seafood restaurant in Minden, Louisiana, violated federal law when it failed to stop a male worker from repeatedly sexually harassing a female employee and refused to rehire her after she quit, the U.S. Equal Employment Opportu...
Posted: Oct 01, 2024
Alliant Insurance announced that a first-of-its-kind degree program at Southern University and A&M College has received final approval from the Louisiana State Board of Regents. The Alliant Insurance Foundation Degree Plan Program at Southern Uni...
Posted: Oct 01, 2024
Alliant Insurance announced that a first-of-its-kind degree program at Southern University and A&M College has received final approval from the Louisiana State Board of Regents. The Alliant Insurance Foundation Degree Plan Program at Southern Uni...
Posted: Oct 01, 2024
VAN BUREN TOWNSHIP, Mich. (AP) — A federal agency said it has resumed sending hazardous waste to a Michigan landfill from Ohio while communities in suburban Detroit continue their legal fight to bar waste from a World War II-era site …
Posted: Oct 01, 2024
HOWELL, Mich. (AP) — A 12-year-old boy died after he was struck by a tree that fell at a southeastern Michigan nature center where he and classmates were on a field trip, authorities said. Declan Carter was at the Howell …
Posted: Oct 01, 2024
Jefferies, a global investment banking firm, forecasts a significant rebound in the Insurance-Linked Securities (ILS) market, with CAT bond issuance expected to grow in 2023-2024 and expand into other ILS vehicles by 2025. The firm anticipates the...
Posted: Oct 01, 2024
Posted: Oct 01, 2024
Managing General Agents (MGAs) are becoming increasingly vital in emerging and developing markets, offering insurers greater flexibility, innovation, and niche underwriting solutions, a recent Global Insurance Law Connect (GILC) report has highlig...
Posted: Oct 01, 2024
Global insurance broker WTW has agreed to sell its direct-to-consumer insurance distribution business, Tranzact, to the private equity firm GTCR and Recognize, a technology services investment platform, for $632.4 million. “With the sale of Tra...
Posted: Oct 01, 2024
Insurance agents in the mountain city of Asheville, North Carolina, said they and their policyholders have been stunned by the catastrophic damage brought so far inland by Hurricane Helene, which dumped 14 inches of rain on the picturesque community...
Posted: Oct 01, 2024
Global reinsurer Hannover Re has announced the appointment of Margot Wilson as Managing Director of the newly created division Life & Health Global Services. The division will be responsible for spearheading crucial initiatives related to L...
Posted: Oct 01, 2024
There are a number of things that make adjuster licensing so fraught. One of them is that there’s not a single agreed-upon standard for adjusters the way there is for producers.
Posted: Oct 01, 2024
Mesirow advised eDispatches on its sale to RapidSOS.
Posted: Oct 01, 2024
The transaction is set to complete in the first half of 2025.
Posted: Oct 01, 2024
Nym has developed an engine that analyzes patient medical records to facilitate communication with insurance companies.
Posted: Oct 01, 2024
Dockworkers on the U.S. East Coast and Gulf Coast began a strike early on Tuesday, their first large-scale stoppage in nearly 50 years, halting the flow of about half the nation’s ocean shipping after negotiations for a new labor contract ̷...
Posted: Oct 01, 2024
LCP (Lane Clark & Peacock), a consultancy firm specialising in actuarial, investment, and insurance services, has reported another robust financial year for the insurance market, despite the challenges posed by increasing risks. Their eighth a...
Posted: Oct 01, 2024
As it has many times before, the International Longshore Association (ILA) threatened a strike, beginning October 1, that would shut down major ports along the Atlantic and Gulf coasts of the United States, with significant repercussions for global t...
Posted: Oct 01, 2024
California Gov. Gavin Newsom vetoed a landmark bill aimed at establishing first-in-the-nation safety measures for large artificial intelligence models. The decision is a major blow to efforts attempting to rein in the homegrown industry that is rapid...
Posted: Oct 01, 2024
The UK P&I Club, a provider of protection and indemnity (P&I) insurance and other services for the international shipping community, has announced the appointment of Kyle Lochridge as Senior Vice President (SVP) for the Americas. Lochridge...
Posted: Oct 01, 2024
A Pennsylvania jury has awarded a $23.87 million verdict to James Spangler, a 58-year-old Harley Davidson mechanic from Manchester who suffered catastrophic injuries following a botched spinal surgery. The verdict represents the largest published med...
Posted: Oct 01, 2024
WTW, the global insurance broker, has entered into a definitive agreement to sell its TRANZACT direct-to-consumer insurance distribution business to GTCR, a private equity firm, and Recognize, a technology services investment platform, for $632.4...
Posted: Oct 01, 2024
An explosive-laden drone boat slammed into an oil tanker as it sailed past the coast of Yemen, a sign Israeli airstrikes haven’t deterred the country’s Houthi militants from attacking commercial shipping. The 900-foot ship was hit by an u...
Posted: Oct 01, 2024
The number of disruptive and destructive global cyber-attacks taking place each year is set to increase by 105% to the end of 2024, according to a new report from QBE. In fact, the trend shows that these significant, disruptive and destructive glo...
Posted: Oct 01, 2024
Insurance Business Magazine - US
Posted: Oct 01, 2024
Insurance Business Magazine - US
Posted: Oct 01, 2024
Insurance Business Magazine - US
Posted: Oct 01, 2024
AI Being Used to Scam Small Business Owners, Says Nationwide Survey Just when e...
Posted: Oct 01, 2024
CONYERS, Ga. (AP) — Some residents east of Atlanta were evacuated while others were told to shelter in place Sunday to avoid contaminants from a chemical plant fire that sent a massive plume of dark smoke high into the sky …
Posted: Oct 01, 2024
INSURANCE-RELATED COURT CASES Digested from case reports published online COURT DECISIONS In search of defense costs Ferrellgas Partners L.P. and its subsidiaries had a claims-made policy with Zurich American Insurance Company that included a provisi...
Posted: Oct 01, 2024
The average cost of workers’ compensation claims in Delaware, for cases with more than seven days of lost work, went up by 3% per year between 2019 and 2022, according to a new study from the Workers Compensation Research Institute …
Posted: Oct 01, 2024
Partnership will offer Big ‘I’ members and state associations one-hour insurance training modules. October 1, 2024—The Big “I” is pleased to announce a strategic partnership with the Insurance Journal‘s Academy of Insura...
Posted: Oct 01, 2024
INSURANCE-RELATED COURT CASES Digested from case reports published online COURT DECISIONS Bad news for title appellants On September 28, 2016, Sanford Sachtleben and Luciann Hruza purchased approximately 20 acres of land unimproved except for a barn...
Posted: Oct 01, 2024
A wholly owned subsidiary of legacy specialist Enstar Group has closed the previously announced $400 million loss portfolio transfer (LPT) with a subsidiary of Bermuda-based insurer and reinsurer, SiriusPoint. This transaction sees Enstar’s...
Posted: Oct 01, 2024
INSURANCE-RELATED COURT CASES Digested from case reports published online COURT DECISIONS Who’s at fault? On November 19, 2015, Roger Burns, Scott Eastman, and Jillian Peterson were involved in a three-car consecutive rear-end collision heading eastb...
Posted: Oct 01, 2024
Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs) and middle-market businesses, has appointed Denise Pagliarulo to lead its finance team. In her new role, Pagliarulo will be overseeing global finance operations a...
Posted: Oct 01, 2024
Tesla and its CEO Elon Musk on Monday won the dismissal of a lawsuit accusing them of defrauding shareholders by overstating the effectiveness and safety of the automaker’s self-driving technology in order to boost its stock price. U.S. Distric...
Posted: Oct 01, 2024