Insurance Journal
North American specialty insurance brokerage Risk Strategies reports it has acquired Felsen Insurance Services, Inc., a New Jersey-based agency offering commercial and personal property/casualty insurance. Terms of the deal were not disclosed. Establ...
Posted: Nov 13, 2024
The Dutch company that owns Stop & Shop and Hannaford grocery stores across New England is dealing with a cyberattack that has disrupted online shopping, product deliveries and pharmacy services at some locations. Ahold Delhaize USA confirmed the...
Posted: Nov 13, 2024
The Oklahoma Insurance Department is offering assistance to residents affected by the severe storms that hit the state in early November. Tornadoes and severe storms struck Oklahoma Nov. 2-4, injuring at least 11 people and causing damage to homes an...
Posted: Nov 13, 2024
Christensen Group Insurance announced its strategic expansion into San Antonio with a pair of hires, adding to its presence in Austin and the broader Texas region. Christensen Group have added professionals Ryan Ritchey and Andrew Peterson to its Ben...
Posted: Nov 13, 2024
Federal inspectors have cited 595 Construction LLC – a Crystal Lake, Illinois contractor with a history of exposing employees to fall hazards – for eight safety violations after finding employees framing a residential structure without re...
Posted: Nov 13, 2024
MINNEAPOLIS (AP) — Minnesota’s most populous county will pay $3.4 million to settle a lawsuit that alleged jail workers ignored the pleas of a 41-year-old man who died of a perforated bowel after spending days begging to be taken to …
Posted: Nov 13, 2024
An Iowa couple pleaded guilty to insurance fraud, forgery and theft, the Iowa Insurance Division announced. Des Moines – Lance Seastrand, age 52, and his wife, Staci Seastrand, age 56, of Davenport, were sentenced on October 31, 2024, after ple...
Posted: Nov 13, 2024
This edition of International People Moves details appointments at the broker Price Forbes and the MGA Altea Insurance. A summary of these new hires follows here. Price Forbes Taps BMS’s Morgan for Global Construction Team Price Forbes, the Lon...
Posted: Nov 13, 2024
YEMASSEE, S.C. (AP) — Employees at a South Carolina compound that breeds monkeys for medical research have recaptured five more animals that escaped last week from an enclosure that wasn’t fully locked. As of Monday afternoon, 30 of the 43 R...
Posted: Nov 13, 2024
North Carolina investment firm founder Greg Lindberg, already convicted this year on bribery charges, pleaded guilty to a separate $2 billion fraud. Lindberg, who founded Eli Global LLC, admitted in federal court in Charlotte on Tuesday that he bough...
Posted: Nov 13, 2024
Global carbon dioxide emissions, including those from burning fossil fuels, are set to hit a record high this year, pulling the world further off course from averting more destructive climate extremes, scientists said on Wednesday. The Global Carbon...
Posted: Nov 13, 2024
Aviva’s Lloyd’s business Probitas announced it began to quote for five new classes of business – marine (cargo, fine art & specie, and ports & terminals), construction, renewable energy, contingency/event cancellation, and mergers...
Posted: Nov 13, 2024
General Motors will recall 461,839 vehicles over an issue with transmission, the National Highway Traffic Safety Administration said on Wednesday. The recall involves some models of 2020-2022 Chevrolet Silverado, GMC Sierra, 2021 Cadillac Escalade, C...
Posted: Nov 13, 2024
National insurance broker World Insurance Associates reports it acquired the business of Skylands Insurance Group of Flanders, New Jersey on August 1, 2024. Terms of the transaction were not disclosed. Skylands was founded in 2017 and provides commer...
Posted: Nov 13, 2024
Baloise Holding AG has become one of the most-discussed takeover candidates in the European financial sector, after agitation by an activist investor triggered top industry players to take fresh looks at the Swiss insurer. Zurich Insurance Group AG,...
Posted: Nov 13, 2024
A federal jury on Tuesday found U.S. defense contractor CACI International liable for its role in torture at the Abu Ghraib prison near Baghdad during the Iraq war and ordered it to pay $42 million in damages. The jury’s verdict …
Posted: Nov 13, 2024
Who gets to keep an engagement ring if a romance turns sour and the wedding is called off? That’s what the highest court in Massachusetts was asked to decide with a $70,000 ring at the center of the dispute. The …
Posted: Nov 13, 2024
South Africa declared a national disaster after floods and storms caused widespread damage in the country, allowing the government to free up funds for relief and reconstruction. Disruptive rains, floods, strong winds and hail from Oct. 22 to Oct. 29...
Posted: Nov 13, 2024
Italian Sea Group is not liable in relation to the fatal sinking of Mike Lynch’s superyacht, which killed the British tech billionaire and six others, its chief executive said on Tuesday. The Bayesian was built in 2008 by Perini Navi, …
Posted: Nov 13, 2024
Argentine fintech company Ualá has raised $300 million from investors at a valuation of $2.75 billion, the latest funding haul for one of the most valuable startups in Latin America. The Series E round was led by Allianz X, the …
Posted: Nov 13, 2024
This post is part of a series sponsored by AgentSync. Assess your distribution channels’ ability to scale efficiently, reduce risk, and drive sustainable growth. In insurance, distribution goes beyond checking a box (or twenty) to stay complian...
Posted: Nov 13, 2024
Meta Platforms Inc. rebuffed the Federal Trade Commission’s plans to modify a 2020 privacy settlement with the company, arguing that such a move would need approval from a federal court. A Meta lawyer told the FTC’s five commissioners at...
Posted: Nov 13, 2024
“Make America Great Again” has long been a signature phrase at Donald Trump’s rally speeches. Its recent offshoot, “Make America Healthy Again” or MAHA, is now spreading on social media as fitness influencers and parents...
Posted: Nov 13, 2024
NFP Appoints Boester Head of Sports and Entertainment Group NFP, an Aon company headquartered in New York City, named Eric Boester, its chief marketing officer (CMO), as the new head of its sports and entertainment group. The group advises leagues &#...
Posted: Nov 13, 2024
American International Group said Christopher Schaper has been appointed chief risk officer of AIG. Schaper has held the role of chief risk officer on an interim basis since September, while also serving as AIG’s global chief underwriting offic...
Posted: Nov 13, 2024