Insurance Journal
The Federal Deposit Insurance Corp. has started to directly monitor financial-technology companies that partner with banks across the US, according to people familiar with the regulator’s supervisory operations. The fintech monitoring system wi...
Posted: Dec 05, 2024
Aon Names O’Connell as Global Cyber Strategy and Growth Leader Aon plc named Robert O’Connell as global cyber strategy and growth leader, executive managing director, within its Reinsurance Solutions business. O’Connell will be base...
Posted: Dec 05, 2024
Target has failed to persuade a judge in Florida to dismiss a lawsuit that accused the retailer of deceiving shareholders after its sales of LGBTQ-themed merchandise for Pride Month sparked a backlash and a customer boycott. U.S. District Judge John...
Posted: Dec 05, 2024
Paul Atkins is President-elect Donald Trump’s choice to lead the US Securities and Exchange Commission, suggesting four years of relaxed policy and enforcement for crypto firms to hedge funds. Trump selected Atkins to replace outgoing Chair Gar...
Posted: Dec 05, 2024
The last thing John and Jenny Mackenzie saw as they fled their Vermont home with their daughters, dog and two guinea pigs last summer was their cars upended and propelled away by rushing flood waters. Minutes earlier they had abandoned …
Posted: Dec 05, 2024
Claim frequency in California workers’ compensation remains significantly higher in the Los Angeles Basin than in the northern part of the state, a new study shows. The Workers’ Compensation Insurance Rating Bureau of California released...
Posted: Dec 05, 2024
Arizona Department of Insurance Director Barbara D. Richardson has created a Resiliency and Mitigation Council that plans to examine the availability and affordability of homeowners insurance in forested and wildland-urban interface (WUI) areas of Ar...
Posted: Dec 05, 2024
Diane Moss lost her home in the Santa Monica Mountains after power lines ignited the apocalyptic Woolsey Fire in 2018. Since then, she’s pressed for a safer electric grid in California. “It’s so easy to forget the risk that we ̷...
Posted: Dec 05, 2024
This post is part of a series sponsored by Darkhorse Insurance. Choosing the right partnerships can make or break your insurance agency’s success. Aggregators in insurance and agency networks provide the essential support and resources you need...
Posted: Dec 05, 2024
The UnitedHealth Group Inc. executive who was fatally shot in New York on Wednesday morning had no personal security detail, a circumstance that could prompt swift changes inside corporate boardrooms, especially as the global political environment gr...
Posted: Dec 04, 2024
Verlingue, the Quimper, France-based insurance broker and subsidiary of the Adelaïde Group, announced it has acquired ProConseils Solutions, a major player in the insurance brokerage market in French-speaking Switzerland. Financial details of the dea...
Posted: Dec 04, 2024
Upland Capital Group announced it is expanding into a new market with the introduction of a Product Recall product to its portfolio. The new product focuses on product defect coverage for component parts and consumer goods as well as food …
Posted: Dec 04, 2024
(Bloomberg) — JPMorgan Chase & Co. plans to hire 300 people in the Orlando area over the next two years, part of the largest US bank’s expansion in the South. The firm will renovate its 250,000-square-foot (23,226-square-meter) campus...
Posted: Dec 04, 2024
This edition of International People Moves details resignations and appointments at two insurers — Everest Group and Tokio Marine Kiln — and the managing general agent Coalition. A summary of these new hires follows here. Karmilowicz to R...
Posted: Dec 04, 2024
SAVANNAH, Ga. (AP) — A judge has thrown out a lawsuit by a Georgia gun owner who sought to challenge a Savannah city ordinance that imposes fines and potential jail time for people who leave firearms inside unlocked cars. The …
Posted: Dec 04, 2024
Brecht & Associates announced the promotion of Jennifer Brecht to president and COO. Brecht has held various leadership positions, most recently as vice president of finance and marketing. Brecht was recently appointed to the Board of Directors o...
Posted: Dec 04, 2024
The Minnesota Department of Labor and Industry’s (DLI’s) Minnesota OSHA (MNOSHA) Compliance announced it has has issued a $730,000 penalty to Your Lake Aquatic Plant Management, LLC, in Columbia Heights, Minnesota, for commercial diving s...
Posted: Dec 04, 2024
A woman who admitted to drinking and who was driving well over twice the speed limit when she smashed into a golf cart, killing a bride who had just got married at a South Carolina beach, was sentenced Monday to …
Posted: Dec 04, 2024
EPIC Insurance Brokers & Consultants announced an expansion of its expertise in specialized areas with the addition of three new professionals in the Midwest. Rick Frechmann, Joleen Mayfield, and Bradley Snitzer bring decades of experience in emp...
Posted: Dec 04, 2024
Snow continued to fall Monday around parts of the Great Lakes region, where storm-weary residents who have plowed and shoveled for days faced the prospect of even greater accumulations. Lake-effect snow fell on parts of western New York, Pennsylvania...
Posted: Dec 04, 2024
Brian Thompson, a longtime UnitedHealth Group Inc. executive, was fatally shot in midtown Manhattan early Wednesday morning, the New York Police Department said. Thompson, 50, was shot in the chest before 7 a.m. outside the New York Hilton Midtown, w...
Posted: Dec 04, 2024
A technology issue at Alaska Airlines resulted in the temporary grounding of flights in Seattle on Monday morning and problems into the afternoon for people trying to book flights on its website, the airline said. The Seattle-based company said in &#...
Posted: Dec 04, 2024
A technology issue at Alaska Airlines resulted in the temporary grounding of flights in Seattle on Monday morning and problems into the afternoon for people trying to book flights on its website, the airline said. The Seattle-based company said in &#...
Posted: Dec 04, 2024
Growth in net earned premiums outpaced a slight increase in losses and loss adjustment expenses to result in the U.S. property/casualty industry posting a nine-month 2024 underwriting profit of $4.1 billion versus a loss of $32.1 billion last year. A...
Posted: Dec 04, 2024
Growth in net earned premiums outpaced a slight increase in losses and loss adjustment expenses to result in the U.S. property/casualty industry posting a nine-month 2024 underwriting profit of $4.1 billion versus a loss of $32.1 billion last year. A...
Posted: Dec 04, 2024