Insurance Journal
Sony’s CEO said on Thursday the spin-off of the group’s financial services arm will give that business its own fundraising capabilities. “It is significant that, through the spin-off, Sony (Financial Group) will secure its own fundr...
Posted: May 29, 2025
Hiscox Ltd., the Bermuda-based specialist insurer, announces the appointment of Peter Clarke as chair designate, subject to regulatory approval. Clarke will join the board as chair designate on June 1, 2025 and will succeed Colin Keogh as chair with...
Posted: May 29, 2025
Hiscox Ltd., the Bermuda-based specialist insurer, announces the appointment of Peter Clarke as chair designate, subject to regulatory approval. Clarke will join the board as chair designate on June 1, 2025 and will succeed Colin Keogh as chair with...
Posted: May 29, 2025
The former director of a firm at the center of a global investigation into bogus airplane parts was charged with fraud by UK authorities. The Serious Fraud Office charged AOG Technics Ltd.’s director, Jose Alejandro Zamora Yrala, with fraudulen...
Posted: May 29, 2025
Tesla Inc. is poised to begin its long-awaited robotaxi service in Austin on June 12, according to a person familiar with the matter, a milestone in Elon Musk’s plan to reshape the company around driverless vehicles and artificial intelligence....
Posted: May 29, 2025
Missouri lawmakers are to kick off a special session Monday to consider aid for tornado victims and a package of financial incentives aimed at keeping the Kansas City Chiefs and Royals from leaving the state for new or improved facilities …
Posted: May 29, 2025
The Michigan Supreme Court on Wednesday dismissed appeals by families of students killed or wounded at Oxford High School in 2021, ending efforts to hold employees partly responsible for the mass shooting. Under Michigan law, immunity is a high hurdl...
Posted: May 29, 2025
When Michael Balarezo emerged from the basement office of his Boulder, Colo., home in December 2021, smoke plumes from the nearby Marshall Fire were visible from his driveway. Balarezo, his wife and daughter swiftly stowed emergency clothing, sensiti...
Posted: May 29, 2025
When Michael Balarezo emerged from the basement office of his Boulder, Colo., home in December 2021, smoke plumes from the nearby Marshall Fire were visible from his driveway. Balarezo, his wife and daughter swiftly stowed emergency clothing, sensiti...
Posted: May 29, 2025
A cargo ship that ran aground in a Norwegian fjord and narrowly missed a house, was pulled back into open water and was being towed to a nearby harbor on Tuesday — five days after the spectacular accident. A tugboat …
Posted: May 29, 2025
The Trump administration said on Wednesday it has agreed to end the U.S. Transportation Department’s consideration of race or gender when awarding billions of dollars in federal highway and transit project funding set aside for disadvantaged sm...
Posted: May 29, 2025
The reinsurance industry has shown significant improvements in operating performance in recent years. Despite facing substantial insured natural catastrophe losses globally, reinsurers achieved robust earnings growth in 2023 and 2024 exceeding their...
Posted: May 29, 2025
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