Insurance Journal
A Florida House of Representatives panel went straight to the source of a consultant’s report that has caused widespread concern among lawmakers about insurance company profit-shifting. But the hour-long, web interview with Arizona-based consul...
Posted: Apr 04, 2025
The South Carolina Department of Insurance named Andy Noga, formerly CEO and general counsel of GuideOne Insurance Group, as director of captives, underscoring the state’s commitment to fostering captive insurance companies, the DOI said Wednes...
Posted: Apr 04, 2025
Justin Bayern joined Alliant Insurance Services as senior vice president within its Alliant Americas division. Based in Denver, Colorado, Bayern has more than 20 years of experience in finance and insurance. Before joining Alliant, Bayern was most re...
Posted: Apr 04, 2025
A bill that would have given Washington’s insurance commissioner the power to order restitution to harmed policyholders failed to pass out of a House committee this week. Substitute Senate Bill 5331 failed to pass out of the House Consumer Prot...
Posted: Apr 04, 2025
A Los Angeles, California, couple was sentenced after an investigation reportedly found they underreported more than $21 million in employee payroll for their delivery companies. John Nemandoust, 70, was sentenced to 60 days in county jail, and Annet...
Posted: Apr 04, 2025
Katie Scheuer has been promoted to the newly created position of Division Revenue Leader for the Great Lakes Region at World Insurance Associates. She was formerly the Division Growth Leader for the Great Lakes and West Regions, and continues to R...
Posted: Apr 03, 2025
Texas, Oklahoma and New Mexico reported new measles cases this week, with the outbreak expanding for the first time into central Texas. Already, the U.S. has more measles cases this year than in all of 2024, the U.S. Centers for …
Posted: Apr 03, 2025
Deadly storms and flooding rains left a path of destruction across 14 states in the US South and Midwest, knocking out power to more than 400,000 customers. Record rain fell in Memphis and eastern Missouri overnight and more is expected …
Posted: Apr 03, 2025
At 2 a.m. Friday, Rick Saldaña was traveling back to Edinburg from Mercedes, a city about 26 miles away, in an area known as the Mid-Valley. The roads were flooded. The frontage roads that feed into the expressway resembled lakes. …
Posted: Apr 03, 2025
Hub international Limited announced that it has acquired the assets of Dansig, Inc., d/b/a Dansig Insurance Risk Advisors (Dansig). Terms of the transaction were not disclosed. Located in Decatur, Illinois, Dansig is an independent insurance risk adv...
Posted: Apr 03, 2025
The team of hurricane researchers at Colorado State University has predicted an above-average Atlantic hurricane season for 2025. CSU’s initial forecast of the hurricane season issued April 3 calls for 17 named storms and nine hurricanes – with...
Posted: Apr 03, 2025
A plumbing contractor has been ordered to pay $1 million in restitution to the State Compensation Insurance Fund as part of a workers’ comp fraud prosecution. Daniela G. Birdwell, 41, owner of GPS Plumbing, pleaded guilty to one count of …...
Posted: Apr 03, 2025
President Donald Trump imposed the steepest American tariffs in a century as he steps up his campaign to reshape the global economy, sparking threats of retaliation and a selloff in markets around the world. Trump announced Wednesday he will apply &#...
Posted: Apr 03, 2025
Managing general agent Nirvana announced it is acquiring Pulse, an MGA specializing in non-standard accident, health and life, and sports & leisure insurances. Financial terms of the deal were not disclosed. Nirvana underwrites a global book of b...
Posted: Apr 03, 2025
Deadly storms and flooding rains left a path of destruction across 14 states in the US South and Midwest, knocking out power to more than 400,000 customers. Record rain fell in Memphis and eastern Missouri overnight and more is expected …
Posted: Apr 03, 2025
What’s in a name? Enough confusion to sink a subrogation lawsuit and appeal brought by the insurer for a burned-up Hardee’s restaurant, the North Carolina Court of Appeals said Wednesday. “…The trial court properly determined that I...
Posted: Apr 03, 2025
U.S. President Donald Trump’s 25% auto tariffs will cover hundreds of billions of dollars worth of imports of vehicles and auto parts imports annually, according to a Reuters analysis of tariff codes included in a federal register notice on Wed...
Posted: Apr 03, 2025
BOSTON (AP) — A box truck crashed into a building Tuesday afternoon in Boston’s Chinatown neighborhood and hit several pedestrians before flipping onto its side, city officials said. The driver and five others were injured in what authorities s...
Posted: Apr 03, 2025
A fire burned down a cat shelter in suburban New York, killing its founder and more than 100 of the felines he rescued and sparking a rescue operation for dozens of cats still roaming the destroyed property. As many as …
Posted: Apr 03, 2025
Arthur J. Gallagher & Co. this week announced two acquisitions – of the UK’s Bircroft Insurance Services and Australia’s Tresidder Insurance Brokers. Financial details of the transactions were not disclosed. London-based Bircroft is a...
Posted: Apr 03, 2025
Britain’s Co-op Group said on Thursday that losses from shoplifting in its food retail business rose by over 14% to 80 million pounds ($105 million) in 2024, or more than half of its adjusted operating profit. The group, which trades …
Posted: Apr 03, 2025
President Donald Trump’s crackdown on diversity, equity and inclusion helped prompt a plunge in shareholder resolutions from progressive investors that typically push companies on social reform. Motions filed by groups in favor of environmental...
Posted: Apr 03, 2025
President Donald Trump’s crackdown on diversity, equity and inclusion helped prompt a plunge in shareholder resolutions from progressive investors that typically push companies on social reform. Motions filed by groups in favor of environmental...
Posted: Apr 03, 2025
The small crowd in pastel polo shirts and sunglasses boarded the catamaran for an afternoon cruise on the Caribbean’s sapphire waters. Tucked under their drinks were napkins emblazoned with a slogan akin to a pickup line: “Let’s go...
Posted: Apr 03, 2025
The Chinese military conducted large-scale drills in the waters and airspace around Taiwan on Tuesday that included an aircraft carrier battle group, as it again warned the self-ruled democracy against seeking formal independence. The exercises invol...
Posted: Apr 03, 2025