Insurance Journal
This edition of International People Moves details appointments at Arch Insurance and Chubb Overseas General. A summary of these new hires follows here. Arch Insurance Taps Symenouh From Tokio Marine as Senior Cyber Underwriter Arch Insurance has app...
Posted: Dec 17, 2024
Spot Insurance, headquartered in Austin, Texas, appointed Joel Hamann as CEO. Hamann joined Spot in 2021 and most recently served as vice president of finance. He previously served as director of finance, technology and several other roles at Kohl...
Posted: Dec 17, 2024
The Texas Windstorm Insurance Association expects to spend more on reinsurance in 2025 to account for projected policy count and exposure growth and losses to the association’s catastrophe reserve trust fund (CRTF) arising from Hurricane Beryl....
Posted: Dec 17, 2024
Almost a million more properties in England are at risk of flooding than previously thought, raising concerns about a growing number of uninsurable or unsellable properties over the coming decades. Data from the Environment Agency on Tuesday showed 6...
Posted: Dec 17, 2024
Missouri Department of Commerce and Insurance (DCI) Director will retire at the end of the year, Missouri Governor Mike Parson announced. Lindley-Myers was appointed Director of the Missouri Department of Insurance, Financial Institutions, and Profes...
Posted: Dec 17, 2024
Twelve European countries are set to clamp down on tankers that move millions of barrels of Russian petroleum around the world — by asking to see how they’re protected against oil spills and other high-cost claims. Nations including Denmark, Es...
Posted: Dec 17, 2024
JM Wilson, headquartered in Portage, Michigan, promoted several team members and made new hires to its underwriting team. Priya Albert was promoted to property and casualty underwriter. Albert works with carrier underwriters and independent insurance...
Posted: Dec 17, 2024
More than 100 people working as home care companions will receive their share of nearly $355,000 in back wages and damages after investigations by the U.S. Department of Labor’s Wage and Hour Division of two southern Louisiana home care provide...
Posted: Dec 17, 2024
OMAHA, Neb. (AP) — A tornado near a mall in central California swept up cars, uprooted trees and sent several people to the hospital. In San Francisco, authorities issued the first-ever tornado warning. Elsewhere, inclement weather plagued areas of t...
Posted: Dec 17, 2024
A coalition of consumer, environmental, and fair housing groups have called upon the Treasury’s Federal Insurance Office to release homeowners insurance data before it may be too late. The nationwide data was collected by the National Associati...
Posted: Dec 17, 2024
A Hawaiian Airlines flight crew’s decision to fly over a hazardous storm cell instead of deviating around it was the probable cause for hitting severe turbulence that injured passengers and crewmembers in 2022, the National Transportation Safet...
Posted: Dec 17, 2024
Texas has sued a New York doctor for prescribing abortion pills to a woman near Dallas, launching one of the first challenges in the U.S. to shield laws that Democrat-controlled states passed to protect physicians after Roe v. Wade was …
Posted: Dec 17, 2024
Oregon lawmakers approved $218 million in emergency wildfire funds during special session that was convened to address unpaid bills stemming from the state’s 2024 record wildfire season. As wildfires still rage in California, Oregon is among se...
Posted: Dec 17, 2024
“Robby Starbuck has viewed your profile.” The LinkedIn alerts for Walmart Inc. executives started appearing on Nov. 18, offering an early signal that the anti-DEI campaigner was setting his sights on the biggest US private employer. Just...
Posted: Dec 17, 2024
This post is part of a series sponsored by Darkhorse Insurance. Imagine juggling multiple clients and endless paperwork. You face constant pressure to meet deadlines while providing excellent service. This overwhelming scenario is all too familiar fo...
Posted: Dec 17, 2024
Woody Allen ‘s former personal chef claims in a lawsuit that the filmmaker and his wife fired him because of his service in the U.S. Army Reserves and questions about his pay, then “rubbed salt on the wounds” by saying …
Posted: Dec 16, 2024
The state of Rhode Island is dealing with a cyber attack that has shut down a portal citizens use to access health insurance and other social services. Governor Dan McKee said that on Friday, December 13, the state was informed …
Posted: Dec 16, 2024
The state of Rhode Island is dealing with a cyber attack by criminals who have accessed the personal data of citizens who depend on a state portal for health insurance and other social services. Negotiations are underway with the cyber …
Posted: Dec 16, 2024
The House Judiciary Committee said it’s found “substantial evidence of collusion and anticompetitive behavior” by the financial industry to “impose radical ESG-goals” on US companies. An interim report published by the R...
Posted: Dec 16, 2024
The Philadelphia Eagles football team has lost its bid for federal court reconsideration of the dismissal of the team’s claim for insurance coverage for COVID-19 losses. The Eagles tossed a red flag in November after the federal district for Ea...
Posted: Dec 16, 2024
The Philadelphia Eagles football team has lost its bid for federal court reconsideration of the dismissal of the team’s claim for insurance coverage for COVID-19 losses. The Eagles tossed a red flag in November after the federal district for Ea...
Posted: Dec 16, 2024
International and domestic insurers are pushing into the U.S. market for hard-to-protect homes, charging high premiums and enjoying strong profits after some U.S. firms pulled out. Rising losses from storms, hurricanes and wildfires in recent years h...
Posted: Dec 16, 2024
Matt McHatten, president and chief executive officer at MMG Insurance, is the new chair of the Insurance Information Institute’s (Triple-I) Executive Leadership Committee (ELC). McHatten succeeds Jennifer Kyung, CEO and founder of NextGen Under...
Posted: Dec 16, 2024
This edition of International People Moves details appointments at the re/insurance MGA Rokstone and Arch Insurance. A summary of these new hires follows here. Rokstone Taps Hogarth From Castel for Direct & Facultative Property Team Rokstone, the...
Posted: Dec 16, 2024
GULFPORT, Miss. (AP) — The largest seafood distributor on the Mississippi Gulf Coast and two of its managers have been sentenced on federal charges of mislabeling inexpensive imported seafood as local premium fish, weeks after a restaurant and its co...
Posted: Dec 16, 2024