Insurance Journal
No place is more vulnerable to hurricanes in the 50 U.S. states than the Florida Keys. The chain of islands celebrated by singer Jimmy Buffett in his odes to tropical escapism is surrounded by water, jutting out 120 miles southwesterly …
Posted: May 29, 2025
A lawsuit filed by the parent company of Florida-based Trident Reciprocal Exchange charges that the insurer’s former CEO and co-founder secretly funneled more than $400,000 to her and her husband’s accounting firm for computer services th...
Posted: May 29, 2025
Canadian property and casualty insurer Definity Financial’s $2.4 billion purchase of Travelers Cos.’ Canadian business could spur a wave of consolidation in Canada’s insurance sector, its CEO said. The deal announced Tuesday will es...
Posted: May 29, 2025
Hawaii’s governor signed legislation this week that boosts a tax imposed on hotel room and vacation rental stays in order to raise money to address eroding shorelines, wildfires and other consequences of climate change. The signing, which comes...
Posted: May 29, 2025
The federal Occupational Safety and Health Administration (OSHA) has reached a settlement agreement with a New Jersey commercial bakery where an employee suffered partial finger amputations in 2023. The company, Valenti’s Bakery, has agreed to...
Posted: May 29, 2025
Homeowners in California and Oregon in high-risk wildfire areas can earn discounts on insurance premiums through a new certification program to take mitigation steps to reduce risk. Mercury Insurance partnered with the Insurance Institute for Busines...
Posted: May 29, 2025
Joint law enforcement operations in Bakersfield, Oakland, and San Bernardino have made 6,727 arrests, recovered 4,842 stolen vehicles and confiscated 313 dangerous firearms, according to an announcement from Gov. Gavin Newsom’s office. The ongo...
Posted: May 29, 2025
Third Generation Joins Sgroi Lawley Group LLC Timothy Sgroi joined the team at Sgroi Lawley Group LLC, headquartered in Seneca, New York. Timothy Sgroi is the son of partner Patrick Sgroi and represents the third generation of the Sgroi family …...
Posted: May 29, 2025
Third Generation Joins Sgroi Lawley Group LLC Timothy Sgroi joined the team at Sgroi Lawley Group LLC, headquartered in Seneca, New York. Timothy Sgroi is the son of partner Patrick Sgroi and represents the third generation of the Sgroi family …...
Posted: May 29, 2025
Premiere Rehab (doing business as Infinity Rehab), a rehabilitation and therapy service provider with locations in 18 states, including Minnesota, has agreed to resolve a discrimination charge filed with the U.S. Equal Employment Opportunity Commissi...
Posted: May 28, 2025
Taylor Sheridan calls his 2016 thriller Hell or High Water a love poem to Texas, but to film it, he had to go to New Mexico. The movie tracks brothers-turned-bank-robbers through West Texas oil country as they try to save …
Posted: May 28, 2025
Thousands in the Houston area are without power after hefty thunderstorms with 70-mile-per-hour winds, hail and lightning rolled in early Tuesday morning, downing power lines and shutting off electricity for more than 160,000 people. A line of storms...
Posted: May 28, 2025
Miller Returns to Lockton as a National Practice Leader With People Solutions Jeff Miller rejoined Lockton, headquartered in Kansas City, Missouri, as national practice leader for the stop loss and pharmacy practices. Miller has over three decades of...
Posted: May 28, 2025
NI Holdings, Inc., headquartered in Fargo, North Dakota, appointed and promoted new leadership. Kevin Elfstrand has been promoted to senior vice president and chief accounting officer. He will continue to oversee the accounting department and lead ex...
Posted: May 28, 2025
The Texas Senate advanced a bill Tuesday that will expand the conditions eligible for the state’s medical marijuana program, including chronic pain and Crohn’s disease, and allow for vaporized and aerosol products to be sold by prescripti...
Posted: May 28, 2025
A new study by the Workers Compensation Research Institute (WCRI) illustrates how rising inflation has impacted the system in recent years. The 2025 edition of the WCRI Medical Price Index for Workers’ Compensation, authored Dr. Rebecca Yang an...
Posted: May 28, 2025
Gov. Ned Lamont recently signed into law legislation (Senate Bill 1426) making several updates to the Connecticut Firefighters Cancer Relief Program, including adding skin cancer to the types of cancer covered under the program, and modifying the lan...
Posted: May 28, 2025
The U.S. Federal Trade Commission dropped a case that sought to block Microsoft’s $69 billion purchase of “Call of Duty” maker Activision Blizzard, saying on Thursday that pursuing the case against the long-closed deal was not in th...
Posted: May 28, 2025
Lake Mary, Florida-based Trident Reciprocal Exchange, launched in 2024, recently named Ryan Hodges chief executive officer. Hodges has 25 years in the property and casualty insurance business and was previously vice president of commercial insurance...
Posted: May 28, 2025
A fiery boat explosion near Fort Lauderdale, Florida, on Memorial Day sent 11 people to the hospital, many suffering from burns, officials said Tuesday. The 39-foot (12-meter) Sea Ray boat had 15 people on board when the explosion happened at …
Posted: May 28, 2025
Ford Motor is recalling 1,075,299 vehicles in the United States over an issue that may prevent the rearview camera from displaying images increasing the risk of a crash, the National Highway Traffic Safety Administration said on Wednesday. The recall...
Posted: May 28, 2025
Ford Motor is recalling nearly 1.1 million vehicles in the United States because rearview cameras may not display images due to a software issue, increasing the risk of a crash. The recall covers some 2021 through 2024 model year Bronco, …
Posted: May 28, 2025
This edition of International People Moves details appointments at AXIS Capital Holdings and Chaucer Group. A summary of these executive moves follows here. AXIS Restructures Global Markets Team AXIS Capital Holdings Ltd., the Bermuda-based re/insure...
Posted: May 28, 2025
The European Union is nearly on track to reach its main climate target for this decade, with countries’ existing CO2-cutting plans set to bring the bloc within one percentage point of the goal, the European Commission said on Wednesday. The ...
Posted: May 28, 2025
A German court on Wednesday threw out a Peruvian farmer’s lawsuit seeking damages from RWE for the German energy utility’s alleged role in putting his home at risk through climate change. The court said no appeal was possible in the ̷...
Posted: May 28, 2025