Insurance Journal
Democrat Patricia Kuderer was leading Republican Phil Fortunato in the bid to replace the nation’s longest serving insurance commissioner with 57% of the votes and 52% of the state’s ballots counted so far. Current Washington Commissioner...
Posted: Nov 06, 2024
Democrat Patricia Kuderer defeated Republican Phil Fortunato in the bid to replace the nation’s longest serving insurance commissioner with 57% of the votes. Numerous news outlets declared Kuderer the winner with more than 52% of the state̵...
Posted: Nov 06, 2024
Republican James Brown was well ahead of Democrat John Repke in the race for the office of Montana Commissioner of Securities and Insurance, State Auditor. Brown had 67% of the vote with 196 precincts reporting in. Commissioner Troy Downing, who R...
Posted: Nov 06, 2024
Republican James Brown was well ahead of Democrat John Repke in the race for the office of Montana Commissioner of Securities and Insurance, State Auditor. Brown had 62% of the vote with 454 out of 727 precincts reporting in. Commissioner …
Posted: Nov 06, 2024
New York Governor Kathy Hochul announced on Monday that up to $20 million is available for eligible homeowners in flood-prone areas to make proactive flood mitigation and energy-efficiency improvements to their homes. The money is the latest round of...
Posted: Nov 06, 2024
Hawaiian Electric Industries formalized a $2 billion agreement to settle damage claims from a wildfire that razed the historic town of Lahaina and killed more than 100 people. The utility-owner had reached a tentative agreement in August in which it,...
Posted: Nov 06, 2024
The Hilb Group announced last week that it has successfully secured an approximately $2 billion round of financing to refinance its existing debt and expand its revolving credit and delayed draw term facilities. The financing will support Hilb’...
Posted: Nov 06, 2024
On Monday, Massachusetts Governor Maura Healey joined Massachusetts fire service leaders in asking residents to refrain from outdoor activity that could cause or contribute to the state’s recent rash of brush and wildland fires. “As we co...
Posted: Nov 06, 2024
On Monday, Massachusetts Governor Maura Healey joined Massachusetts fire service leaders in asking residents to refrain from outdoor activity that could cause or contribute to the state’s recent rash of brush and wildland fires. “As we co...
Posted: Nov 06, 2024
Arthur J. Gallagher & Co. acquired Altadena, California-based American Matar International Inc., dba Statewide Commercial Insurance Brokers. Lana Matar and her team will remain in their current location under the direction of Scott Firestone, hea...
Posted: Nov 06, 2024
Arthur J. Gallagher & Co. announced the acquisition of Fenton, Michigan-based Peabody Insurance Agency, Inc. (Peabody Insurance). Terms of the transaction were not disclosed. Peabody Insurance is a retail insurance agency serving commercial and p...
Posted: Nov 05, 2024
A security fence rings a Las Vegas building where a Nevada county tabulates votes. An Arizona sheriff has his department on high alert to guard against potential violence with drones and snipers on standby. The National Guard has been or …
Posted: Nov 05, 2024
Swiss Re has agreed to sell iptiQ’s European P&C business to Allianz Direct, in line with its strategic decision to withdraw from iptiQ. Allianz Direct, the pan-European online insurer of Allianz Group, will take over the risk carrier based...
Posted: Nov 05, 2024
In Florida’s weed wars, the big money is going against Governor Ron DeSantis and the financier of his anti-cannabis crusade, billionaire Ken Griffin. The Citadel founder has funded about half of the campaign against a referendum on legalizing r...
Posted: Nov 05, 2024
President Joe Biden declared a major disaster area in southeast New Mexico after historic flooding killed two people and forced the rescue of more than 300 last month. The declaration announced last week makes federal funding available to residents i...
Posted: Nov 05, 2024
ERWIN, Tenn. (AP) — Rescue workers in Tennessee have recovered the body of the final person still missing after massive flooding from Hurricane Helene hit a plastics factory there. Rosa Andrade, 29, was one of six employees killed after they …
Posted: Nov 05, 2024
Boeing Co. has dismantled its global diversity, equity and inclusion department, making it the latest high-profile corporation to make changes to its DEI policy as its new top leader oversees a broader revamp of the company’s workforce. Staff f...
Posted: Nov 05, 2024
Finland’s coastal waters were hit by hurricane-force winds for the first time, as more extreme weather batters Europe. Storm Lyly brought an average wind speed of 33.5 meters per second on Friday to Kylmapihlaja, off the coast from the city ...
Posted: Nov 05, 2024
Specialist Risk Group (SRG), the London-based specialist insurance intermediary that is majority-owned by Warburg Pincus and Temasek, announced the acquisition of specialist reinsurance firm NW Re. Financial details of the deal were not disclosed. SR...
Posted: Nov 05, 2024
WEBBERVILLE, Mich. (AP) — A section of Interstate 96 in southeast Michigan remained closed Sunday after a semitruck crashed into more than a dozen vehicles overnight, killing 4 people and injuring 17 others, according to state police. Traffic on I-96...
Posted: Nov 05, 2024
The top U.S. consumer financial watchdog agency on Friday said it had reached a settlement in a long-running lawsuit with a Chicago mortgage lender over alleged racial discrimination. Under the terms of the proposed agreement, Townstone Financial wou...
Posted: Nov 05, 2024
The region of Valencia is asking Spain’s central government for rescue funds to help with rebuilding after floods last week destroyed homes and left more than 200 dead. The Valencian government agreed to ask Madrid for €31.4 billion ($34.2 bill...
Posted: Nov 05, 2024
Insurance broker Aon plc has signed a definitive agreement to acquire UK-based insurance broker Griffiths & Armour. Financial details of the deal were not disclosed. Upon completion of the transaction, Griffiths & Armour will become wholly ow...
Posted: Nov 05, 2024
European and US intelligence officials believe Russia is behind a plan that would ultimately place incendiary devices on planes to North America through air cargo shipments, according to people familiar with the matter. Authorities are taking the inc...
Posted: Nov 05, 2024
Holding signs with slogans including “stop the plop” and “species not feces,” thousands of people marched in London on Sunday to demand a cleanup of Britain’s sewage-clogged waterways. Organizers estimated that 15,000 pe...
Posted: Nov 05, 2024