Insurance Journal
The Roman Catholic Diocese of Burlington, Vermont has filed for Chapter 11 bankruptcy protection as it continues to face lawsuits over sexual abuse by its former clergy members in a state with no statute of limitations on such claims. Bishop …
Posted: Oct 02, 2024
The Roman Catholic Diocese of Burlington, Vermont has filed for Chapter 11 bankruptcy protection as it continues to face lawsuits over sexual abuse by its former clergy members in a state with no statute of limitations on such claims. Bishop …
Posted: Oct 02, 2024
The Roman Catholic Diocese of Burlington, Vermont has filed for Chapter 11 bankruptcy protection as it continues to face lawsuits over sexual abuse by its former clergy members in a state with no statute of limitations on such claims. Bishop …
Posted: Oct 02, 2024
Authorities on Monday night ended a shelter-in-place order for more than 90,000 people east of Atlanta following a weekend chemical plant fire that sent a massive plume of dark smoke into the Georgia sky and led to complaints about a …
Posted: Oct 02, 2024
The International Longshoremen’s Association (ILA) went on strike on Tuesday, Oct 1. The strike is expected to affect more than 20 ports along the Eastern Seaboard and Gulf Coast, including the ports of New York and New Jersey, Baltimore and &#...
Posted: Oct 02, 2024
The number of property insurance claims in Florida from Hurricane Helene had topped 65,700 by Tuesday, far more than the 25,000 seen in Hurricane Idalia a year ago, the Florida Office of Insurance Regulation reported. The total estimated insured loss...
Posted: Oct 02, 2024
The number of property insurance claims in Florida from Hurricane Helene had topped 65,700 by Tuesday, far more than the 25,000 seen in Hurricane Idalia a year ago, the Florida Office of Insurance Regulation reported. The total estimated insured loss...
Posted: Oct 02, 2024
Insurers are playing “pass the liability parcel” in a desperate fight against multi-billion dollar claims over aircraft stranded in Russia since the invasion of Ukraine two years ago, lawyers for aviation lessors told a London trial on We...
Posted: Oct 02, 2024
Cotton growers are facing devastating losses and delays from Hurricane Helene just as harvest was beginning, marking the latest blow to profits in an already weak market. The storm ripped through the cotton-growing regions of Georgia and the Carolina...
Posted: Oct 02, 2024
What is being called the first sensor-triggered earthquake parametric insurance policy in the U.S. was purchased by The University of California. Liberty Mutual Reinsurance, part of Liberty Mutual Insurance Group, and Safehub, a technology provider i...
Posted: Oct 02, 2024
As historic floodwaters unleashed by Hurricane Helene recede across the US Southeast, the region faces a humanitarian, economic and ecological crisis of staggering scope, with effects likely to last years. Cotton crops on the verge of harvest have be...
Posted: Oct 02, 2024
The road construction firm that employed six workers who were killed and another who was seriously injured in the collapse of Baltimore’s Key Bridge, along with its workers’ compensation carrier, have filed claims against the owner and op...
Posted: Oct 02, 2024
Insured industry losses from the flooding in the Czech Republic, Poland and Austria in September 2024 will range from €2 billion (US$2.2 billion) to €3 billion (US$3.4 billion), according to Verisk, the data analytics and technology provider. S&P...
Posted: Oct 02, 2024
A British man has been arrested and charged by U.S. authorities with hacking into the computers of five companies to obtain details about their expected earnings, and making $3.75 million of illegal profit by trading before results were released. The...
Posted: Oct 02, 2024
Taiwan authorities completed the dramatic helicopter rescue of 19 crew members on a stricken ship, which foundered as Super Typhoon Krathon brings strong winds and heavy rains to the island. All those on the Barbados-registered “Blue LagoonR...
Posted: Oct 02, 2024
This edition of International People Moves details appointments at Markel and Berkshire Hathaway Specialty Insurance (BHSI). A summary of these new hires follows here. Markel Appoints 2 Senior Underwriters, 1 Claims Manager for International Casualty...
Posted: Oct 02, 2024
Hub International Ltd. (HUB), the Chicago-based insurance broker, announced an exclusive referral and broker program partnership throughout the U.S., Canada and Mexico with MAS Seguros, the largest trucking insurance broker in Mexico. The partnership...
Posted: Oct 02, 2024
Stellantis’ 771 million euro ($854 million) London lawsuit against two safety equipment makers began on Tuesday, with the European carmaker arguing long-running cartels led to it being overcharged for roughly a decade. The automaker, which was...
Posted: Oct 02, 2024
British holiday group Saga said on Wednesday that it is in talks with Belgian insurer Ageas for a potential partnership for its insurance business. Saga, which specializes in holidays and insurance for people over 50, has been struggling with its ...
Posted: Oct 02, 2024
Britain’s Saga said on Wednesday it is in talks with Belgian insurer Ageas on an insurance partnership, sending the holiday group’s shares up more than 14%. Saga, which specializes in packages for people over 50, has faced challenges in i...
Posted: Oct 02, 2024
LITTLE ROCK, Ark. (AP) — Arkansas sued YouTube and parent company Alphabet on Monday, saying the video-sharing platform is made deliberately addictive and fueling a mental health crisis among youth in the state. Attorney General Tim Griffin’s o...
Posted: Oct 02, 2024
A Black man alleges in a lawsuit that an Iowa trucking company fired him as a driver because he wouldn’t cut off his dreadlocks, the latest in a series of incidents across the country over an issue activists have dubbed …
Posted: Oct 02, 2024
Ryan Specialty announced that it has completed the acquisition of certain assets of EverSports & Entertainment Insurance, Inc. (EverSports) from the Everest Group, Ltd. group of companies. EverSports is a managing general underwriter focused on s...
Posted: Oct 02, 2024
A U.S. labor board issued a complaint accusing Apple of violating employees’ rights to organize and advocate for better working conditions by maintaining a series of unlawful workplace rules. The National Labor Relations Board in the complaint...
Posted: Oct 02, 2024
Over the last 20 years, the role of the claims handler has evolved significantly, from a largely back-office function to one centred around partnership and mutual benefit. In today’s market, claims is now at the forefront of client-insurer rela...
Posted: Oct 02, 2024