Insurance Journal
The last time a president was inaugurated, there was a global pandemic and a violent siege at the very spot at the U.S. Capitol where the ceremony takes place. This time, the event was part of an unprecedented string of …
Posted: Jan 09, 2025
Hub International Ltd. has acquired the assets of Woods Insurance Services Inc. in Farmington, New Mexico. Lyle Love, owner and president, and the Woods Insurance Services team, will join Hub Southwest. Woods Insurance Services will be referred to as...
Posted: Jan 09, 2025
The former U.S. Marine acquitted last month of criminal charges in the death of a man on a New York City subway train is seeking to dismiss a lawsuit brought by the victim’s father. Daniel Penny’ s lawyer, in a …
Posted: Jan 09, 2025
Oregon homeowners living in certain areas at high risk of wildfire will face stricter building codes and mandates to reduce vegetation on their properties under new “wildfire hazard maps” unveiled Tuesday. The release of the maps follows...
Posted: Jan 09, 2025
This post is part of a series sponsored by Darkhorse Insurance. How can you, as an insurance agent, stay motivated in the dynamic industry? In the fast-paced world of insurance, your motivation is not merely a personal preference – it’s …
Posted: Jan 09, 2025
This post is part of a series sponsored by EZLynx. Management systems can make or break a new agency. In the best cases, an agency management system (AMS) can be the behind-the-scenes mastermind keeping everything running smoothly – like that …
Posted: Jan 08, 2025
Juan C. Andrade is USAA’s new president and chief executive officer, said the insurance provider to millions of active military, veterans, and their families. Andrade will assume the role on April 2 and take over for Wayne Peacock, who announce...
Posted: Jan 08, 2025
The Meteoric Rise in U.S. Auto Insurance Rates is Being Subsidized by Collector Car Owners According to Classic & Collector Insurer OpenRoad Standard auto insurers continue their efforts to recover from the unprecedented losses they experienced d...
Posted: Jan 08, 2025
Managing general underwriter Private Client Select Insurance Services, majority owned by Stone Point Capital and American International Group (AIG), said Ross Bowie has been appointed chief executive officer, effective immediately. Bowie joined Priva...
Posted: Jan 08, 2025
Active wind-driven wildfires in Southern California that are estimated to have burned more than 1,000 properties and prompted evacuation orders for more than 80,000 residents will likely lead to what industry watchers say will be sizable insured loss...
Posted: Jan 08, 2025
Digital car insurer Clearcover announced the launch of Clearcover General Agency to serve the non-standard auto insurance market in Texas. Policies will be underwritten by Old American County Mutual Fire Insurance Company, bringing Clearcover’s...
Posted: Jan 08, 2025
A Berkshire Hathaway shareholder wants a committee of independent directors to oversee risks associated with artificial intelligence at the dozens of companies in Warren Buffett’s conglomerate. Tulipshare, an activist investor group based in Lo...
Posted: Jan 08, 2025
A strong earthquake shook a high-altitude region of western China and areas of Nepal on Tuesday, damaging hundreds of houses, littering streets with rubble and killing at least 126 people in Tibet. Many others were trapped as dozens of aftershocks &#...
Posted: Jan 08, 2025
The Plexus Groupe, a national commercial insurance brokerage and consulting firm, announced the appointment of Gerald Fawcett as President. Fawcett joined Plexus in February 2020 to lead the Industry and Specialty Practices. He was involved in vettin...
Posted: Jan 08, 2025
The Plexus Groupe, a national commercial insurance brokerage and consulting firm, announced the appointment of Gerald Fawcett as president. Fawcett joined Plexus in February 2020 to lead the industry and specialty practices. He was involved in vettin...
Posted: Jan 08, 2025
Oklahoma City and its police department have discriminated against people with behavioral health disabilities, the U.S. Department of Justice said last week after releasing the latest in a series of investigations into state and local law enforcement...
Posted: Jan 08, 2025
A class-action lawsuit filed Monday alleges the Omaha Housing Authority ignored and failed to eliminate bed bug infestations at high-rise apartments for low-income residents. The new lawsuit, brought by a pioneering firm in bed bug litigation, comes...
Posted: Jan 08, 2025
Flight cancellations are already piling up as a winter storm bears down on Texas and the US South, bringing snow and ice that could coat power lines and trigger blackouts. As of 7:30 a.m. in New York, at least 169 …
Posted: Jan 08, 2025
Consumers may soon be able to buy electronic products with a label indicating they are “cyber secure,” according to US officials. The White House on Tuesday announced the launch of a new US Cyber Trust Mark, indicating designated items fo...
Posted: Jan 08, 2025
Once again, settlements from class-action litigation topped $40 billion in 2024, according to an extensive analysis of more than 1,400 cases by law firm Duane Morris. Gerald L. Maatman, partner at the firm and co-author of its 650-page report, said &...
Posted: Jan 08, 2025
Not all accidents are compensable merely because they happen at work, the Virginia Workers’ Compensation Commission (WCC) reminded in denying workers’ compensation benefits to a school bus driver for an injury that happened while he was s...
Posted: Jan 08, 2025
California-headquartered ALKEME, ranked as one of largest U.S. insurance brokerages, has continued its growth spurt with the recent acquisition of Professional Benefits Consultants, based in Canton, Georgia. The move underscores ALKEME’s expans...
Posted: Jan 08, 2025
Starting this spring, surplus lines brokers in Alabama must file quarterly reports showing all surplus lines transactions, the state Department of Insurance said this week. The rule is in keeping with state law and took effect Jan. 1. The quarterly &...
Posted: Jan 08, 2025
Insurance broker Aon plc announced the appointment of John Neal as global CEO of Reinsurance and chairman of Climate Solutions, effective following the conclusion of Neal’s notice period at Lloyd’s of London where he has served as CEO sin...
Posted: Jan 08, 2025
Millions of people in California face at least two more days of dry, hot winds that have fanned fires across Los Angeles County and sent residents fleeing for their lives. Hurricane-force wind gusts of as much as 86 miles (138 …
Posted: Jan 08, 2025