Insurance Journal

People Moves: Chubb Promotes in Surety, Property; WTW Hires ICT Directors; HDI Global USA Names Agui...

Chubb Makes Key Leadership Appointments in Surety’s Global and North America Businesses Chubb Limited, headquartered in Warren, New Jersey, named Steve Haney, vice president, Chubb Group and currently division president of North America surety...

Posted: Aug 11, 2025

People Moves: Coterie Insurance Names Albert and Egbert to Senior Leadership Team

Coterie Insurance, headquartered in Appleton, Wisconsin, named Mike Albert and Allan Egbert to the company’s senior leadership team as chief technology officer and chief platform officer, respectively. Albert and Egbert, the co-founders of Ask...

Posted: Aug 11, 2025

Helicopter Crash Kills 2 Workers Repairing Powerlines Near Mississippi River

Two people working on powerlines near the Mississippi River died Thursday when their helicopter hit the lines, crashed into a barge and sparked a fire that belched plumes of black smoke, officials said. The helicopter crew was near East Alton, &#8230...

Posted: Aug 11, 2025

Louisiana to Pay $9M Settlement to Man Partially Paralyzed by State Trooper

Louisiana authorities have agreed to pay $9 million to a man who was partially paralyzed from the waist down after a trooper shot him in the back during a 2018 traffic stop in Baton Rouge and then falsely reported it …

Posted: Aug 11, 2025

Storms in Nebraska Kill 1, Displace Hundreds of Inmates

Strong storms before dawn Saturday in eastern Nebraska killed one person and seriously injured another in a state park and displaced hundreds of inmates after two prison housing units were damaged, officials said, even as other Midwest states also br...

Posted: Aug 11, 2025

Toxic Shale Drilling Wastewater Threatens Top Oil Fields, Texas Agency Warns

A Texas agency overseeing 13 million acres of state land is warning that toxic waste fluid from shale drilling threatens to contaminate oil wells in North America’s most prolific crude basin. The General Land Office of Texas, which was founded...

Posted: Aug 11, 2025

Fires, Storms and Blazing Heat Forecast for Western US

Fires, storms and the potential for near-record high temperatures across the western US are in the offing for the coming week. The Gifford Fire, about 125 miles (201 kilometers) northwest of Los Angeles, had burned 114,621 acres and was 21% …

Posted: Aug 11, 2025

Jellyfish Shut French Nuclear Reactors as Heat Wave Builds

Electricite de France SA was forced to shut four atomic reactors after a swarm of jellyfish clogged up filter drums at its Gravelines power plant. The “massive and unforeseen” presence of jellyfish in the filter drums of pumping stations...

Posted: Aug 11, 2025

Markets/Coverages: Hiscox Launches Sexual Molestation Liability Cover

Global specialist insurer, Hiscox, has announced the appointment of Harriet Turner to its London Market business to lead its new sexual molestation liability (SML) cover – expanding its existing range of casualty products. Hiscox’s launch of SM...

Posted: Aug 11, 2025

People Moves: Lancashire Announces Senior Leadership Promotions, Including CEOs of Insurance Units;...

This edition of International People Moves details appointments at Lancashire Holdings and CFC Underwriting. A summary of these new hires follows here. Lancashire Announces Leadership Promotions, Including CEOs of Insurance Units Lancashire Syndicate...

Posted: Aug 11, 2025

Miss. Auditor Seizes Hundreds of Thousands from Cities to Pay for Overdue Audits

CANTON, Miss. (AP) — Jeff Goodwin, director of the Mississippi state auditor’s compliance division, was congenial while describing to Canton officials how the office has taken $352,000 of the city’s revenue to pay for past-due audits – th...

Posted: Aug 11, 2025

Knife-Wielding Man Shot by Police in West Virginia Emergency Room

CHARLESTON, W.Va. (AP) — Police in West Virginia shot and killed a knife-wielding man in a hospital emergency room after he attacked an employee early Friday, authorities said. The shooting occurred around 1:45 a.m. at Charleston Area Medical Center&...

Posted: Aug 11, 2025

Florida Farm Identified as Source of Raw Milk That Sickened 21 People

TALLAHASSEE, Fla. (AP) — The Florida Department of Health has identified Keely Farms Dairy as the source of raw milk that has sickened 21 people with E. coli or campylobacter since January. A manager of the farm in New Smyrna …

Posted: Aug 11, 2025

Jacob’s Pillow Cancels Remainder of Season After Employee Dies in Work Accident

Jacob’s Pillow, a renowned dance center in the Berkshires region of Massachusetts, announced it has canceled the rest of its summer festival, following a workplace accident in which an employee was killed. Production manager Kat (Kathryn) Siric...

Posted: Aug 11, 2025

Columbia University Hack Affected 870,000 People, Included Some Health Data

A recent breach of Columbia University’s computer systems compromised personal information of about 870,000 people, including students and applicants, according to the school’s reports to state officials in the US. The hack included &#822...

Posted: Aug 11, 2025

Britain’s M&S Restores Click and Collect Services 15 Weeks After Systems Hacked

British retailer Marks & Spencer has resumed taking click and collect orders for clothing after a nearly four-month hiatus following a cyber hack and data theft. The 141-year-old M&S stopped taking orders through its website and app for cloth...

Posted: Aug 11, 2025

African Lender Weighs Claiming Lloyd’s Payout on Zambia Debt

TDB Group, an African trade and development lender, is considering claiming insurance on debt it’s owed by Zambia that has become entangled in a complex restructuring process.The southern African nation, which defaulted in 2020 and later sought...

Posted: Aug 11, 2025

Emirates Expands Electronics Restrictions With Power Bank Ban

Emirates will ban the use of power banks aboard its flights and only allow passengers to bring one such device onto the plane, further restricting travelers from carrying electronic gadgets on aircraft. “Emirates is taking a firm and proactive...

Posted: Aug 11, 2025

Nigeria Insurance Stocks Gain Most in Almost 20 Years on New Law

Nigerian insurance stocks had their biggest weekly gain in almost two decades after a new law was passed requiring companies to raise fresh capital and making insurance for property and other assets mandatory. A gauge for the sector on the …

Posted: Aug 11, 2025

Insurtech Investment Hits $60B Milestone But Pales AI Figures

Artificial intelligence is quickly reshaping the insurance landscape, and Gallagher Re’s global head of insurtech, Andrew Johnston, warned in the company’s latest Global InsurTech Report that this trend shouldn’t be ignored. “...

Posted: Aug 11, 2025

CSU, NOAA Maintain Forecasts for Above-Average Hurricane Season

Colorado State University’s hurricane researchers and the National Oceanic and Atmospheric Administration (NOAA) issued updates to their 2025 Atlantic hurricane forecasts, with both maintaining calls for an ‘above average’ season de...

Posted: Aug 11, 2025

Insurers Can’t Ask Punitive Damages in Marine Cargo Contract Dispute

Despite allegations of fraud and padding of premiums, neither a Miami-based cargo insurance broker nor a Lloyd’s coverholder canvbe asked to pay punitive damages in a breach-of-contract dispute, a Florida appeals court decided last week. &#8220...

Posted: Aug 11, 2025

Viewpoint: A Workers’ Comp Hard Market Is Coming to California

Word on the street is that California employers should start expecting higher workers’ compensation rates. California employers have enjoyed a soft workers’ comp market for the last decade, but all indications are now pointing to the mark...

Posted: Aug 11, 2025

Double Trouble: ID Theft Victim Awarded Both Treble and Punitive Damages

A victim of identity theft is entitled to recover both treble damages and punitive damages under Connecticut laws, according to the state’s highest court. The Connecticut Supreme Court found that the dual awards do not violate the common-law ru...

Posted: Aug 11, 2025

Double for Trouble: ID Theft Victim Awarded Both Treble and Punitive Damages

A victim of identity theft is entitled to recover both treble damages and punitive damages under Connecticut laws, according to the state’s highest court. The Connecticut Supreme Court found that the dual awards do not violate the common-law ru...

Posted: Aug 11, 2025