Insurance Journal
The father of the victim at the center of the fatal New York City subway chokehold trial has sued the defendant as a Manhattan jury continued to deliberate the case Thursday. Jordan Neely ‘s father, Andre Zachary, filed the suit …
Posted: Dec 09, 2024
The powerful earthquake that struck in Northern California on Thursday prompted a brief tsunami warning affecting about 5 million people along a stretch of the West Coast — from Northern California to Oregon — before being canceled. Here are some ...
Posted: Dec 09, 2024
SCOTTSDALE, Ariz., December 9, 2024 – Etesian Underwriters, an expert financial institutions underwriting shop, today announced the launch of its program for middle market and smaller sized financial institution insureds. Focused on a robust list of...
Posted: Dec 09, 2024
Antares Global Management Ltd. announced three key appointments for its new Commercial Division, which comprises Syndicate 1274 and Bermuda-based Antares Re. Antares announced in November that it was restructuring its underwriting operations by spitt...
Posted: Dec 06, 2024
This post is part of a series sponsored by CoreLogic. With 2025 in plain sight, it’s time to solidify our strategies for the new year. Next year will undoubtedly bring challenges, but it will also present many opportunities—if you position R...
Posted: Dec 06, 2024
Amanda Blanc is determined to steer Aviva Plc to one of the biggest takeovers in its history, a highlight in a storied insurance career where she’s stood up to challenges including activist shareholders and sexist barbs. If her £3.6 billion ...
Posted: Dec 06, 2024
Storm Darragh has triggered a red weather warning for the west coast of Wales and the Bristol Channel on Saturday, with hurricane-force winds forecast. Wind speeds are expected to reach as high as 90 miles (145 kilometers) per hour, according …
Posted: Dec 06, 2024
Alabama-based Palomar Insurance, a 70-year-old agency with offices across the state and in Mississippi and Georgia, announced that longtime CEO Tony Craft will step down to be a producer in the company. Replacing Craft at the top is Jim Williford, &#...
Posted: Dec 06, 2024
Estimated insured losses from natural catastrophes are on track to surpass US$135 billion in 2024 – for the fifth consecutive year, according to Swiss Re Institute. A warming climate is contributing to the occurrence of many of the natural catastroph...
Posted: Dec 06, 2024
A federal court in Pennsylvania recently affirmed that plaintiffs seeking to hold a seller or distributor liable for a faulty product must provide clear evidence of where they purchased their product. In a homeowners insurance subrogation case over w...
Posted: Dec 06, 2024
Goldman Sachs said it has quit a sector coalition aimed at aligning bank lending and investment activities with global efforts to fight climate change, marking the latest high-profile departure of a U.S. financial firm from the group. The U.S. invest...
Posted: Dec 06, 2024
A Washington man has been sentenced to a dozen years in prison and ordered to pay $7.1 million for leading a fraud scheme that involved staged collisions. A U.S. District Judge sentenced William Oldham Mize to 144 months in federal …
Posted: Dec 06, 2024
The Missouri Department of Commerce and Insurance (DCI) announced that employers should see a reduction in workers’ compensation rates in 2025, marking the fourth straight year of decreased rates. The projected rate reduction is based off preli...
Posted: Dec 06, 2024
A U.S. Department of Labor investigation revealed that proper workplace safety training and correct storage of pallets taller than 16 feet could have prevented the fatal injuries suffered by a forklift operator at a tire distribution center in Elm Mo...
Posted: Dec 06, 2024
Lt. Gov. Dan Patrick announced Wednesday that lawmakers in the state Senate would move to ban all forms of consumable tetrahydrocannabinol, or THC, in Texas. Patrick, who presides over the Senate and largely controls the flow of legislation in the &#...
Posted: Dec 06, 2024
DECATUR, Ga. (AP) — A Georgia couple has been charged with involuntary manslaughter after authorities say they let their daughter and her friends drink alcohol before they got in a fatal car crash that left one of them dead. Hannah …
Posted: Dec 06, 2024
Baltimore firefighters last night rushed to the scene of a fire spotted at a wood waste collection yard run by the city. At approximately 5:10 p.m. on Thursday, December 5, a Baltimore parks department employee called 911 after observing a …
Posted: Dec 06, 2024
China’s financial regulator unveiled a plan on Friday to enhance supervision and support the development of the property insurance industry, according to a statement. The country will support qualified foreign financial institutions to invest i...
Posted: Dec 06, 2024
The black-and-white message flickering across computer screens sparked panic at Knights of Old, a 158-year-old UK delivery company: “If you’re reading this, it means the internal infrastructure of your company is fully or partially dead.&...
Posted: Dec 06, 2024
Donald Trump says he is selecting venture capitalist David Sacks of Craft Ventures LLC to serve as his artificial intelligence and crypto czar, a newly created position that underscores the president-elect’s intent to boost two rapidly developi...
Posted: Dec 06, 2024
Aviva Plc reached a preliminary agreement to buy Direct Line Insurance Group Plc for £3.6 billion ($4.6 billion) in a deal that would create the UK’s largest motor insurer. London-listed Aviva sweetened its bid in the latest negotiations with D...
Posted: Dec 06, 2024
A large number of Americans’ metadata has been stolen in the sweeping cyberespionage campaign carried out by a Chinese hacking group dubbed “Salt Typhoon,” a senior U.S. official told journalists on Wednesday. The official declined...
Posted: Dec 06, 2024
Historically, insurance has had a reputation as an industry slow to embrace change. However, it’s safe to say that technology and customer expectations are leaving insurers with no choice but to adapt. Individuals and businesses are changing ho...
Posted: Dec 06, 2024
A federal judge rejected Boeing Co.’s plea deal that sought to let the planemaker avoid criminal prosecution over to two fatal 737 Max crashes, in a surprise twist that threatens to prolong the company’s recovery from past scandals. US Di...
Posted: Dec 06, 2024
Regulators, insurance companies and attorneys at the Florida Chamber of Commerce Annual Insurance Summit this week sent a clear message to lawmakers about tinkering with Florida’s property insurance law, two years after major legislative reform...
Posted: Dec 06, 2024