Insurance Journal
Environmental activist charity ClientEarth launched a lawsuit against Germany on Friday to push Berlin to implement an EU law to limit pesticide use in farming, the group said on Friday. The group said in a statement Germany was not complying …
Posted: Sep 23, 2024
Methane releases from some of the world’s major fossil fuel hubs are continuing to rise, as key polluters make little progress on pledges to curb the potent greenhouse gas. Emissions of the gas across 13 large fossil fuel basins in …
Posted: Sep 23, 2024
A Mercedes-Benz electric vehicle that burst into flames in the South Korean city of Incheon has fueled public fear over the safety of battery-powered cars in recent months. The incident saw 23 people hospitalized for smoke inhalation and left more &#...
Posted: Sep 23, 2024
The U.S. Securities and Exchange Commission said on Friday it intends to seek sanctions against Elon Musk after he failed to appear for court-ordered testimony for the regulator’s probe into his $44 billion takeover of Twitter. In a filing in &...
Posted: Sep 23, 2024
A senior Google executive sought to refute the US Justice Department’s antitrust case over its display advertising technology business, testifying that it faces “fierce competition” from the likes of Microsoft Corp., Amazon.com Inc....
Posted: Sep 23, 2024
A Johnson & Johnson subsidiary filed for bankruptcy for a third time on Friday as the healthcare giant seeks to advance an approximately $10 billion proposed settlement that would end tens of thousands of lawsuits alleging that the company’...
Posted: Sep 23, 2024
Beat Capital Partners, a London-based incubator of underwriting franchises and subsidiary of Ambac Financial Group, said it has launched a professional liability insurance company, based in Charlotte. ProRise Insurance Services will stand up Oct. 1,...
Posted: Sep 23, 2024
BRANDON, Mississippi (AP) — Soon after Ashanta Laster reached the hospital, she was ushered into the emergency room where she saw doctors performing CPR on her teenage son. Laster had gotten a call that 17-year-old Phillip Laster Jr., a lineman ̷...
Posted: Sep 23, 2024
A Connecticut couple who previously lived in Tampa, Florida, has agreed to settle a subrogation lawsuit brought by Philadelphia Indemnity Insurance Co., which accused the couple of using a nonprofit theater group’s credit card for personal gain...
Posted: Sep 23, 2024
Authorities have identified two people killed when a gas station exploded and started a fire in a remote Idaho town last week. The Clearwater County Sheriff’s Office said Brandon Cook, 53, of Orofino and Wesley Lineberry, 62, of Pierce were ...
Posted: Sep 23, 2024
Vermont’s largest city of Burlington has paid $215,000 to settle a lawsuit accusing a police officer of using excessive force by grabbing a man and slamming him to the ground, knocking him unconscious in September of 2018. According to the R...
Posted: Sep 23, 2024
Consumers are hearing a lot about insurance difficulties around the country. The news from California and Florida about how disasters, skyrocketing premiums and carrier withdrawals are making coverages hard to find and afford naturally raises concern...
Posted: Sep 23, 2024
This post is part of a series sponsored by Selectsys. In the fast-paced world of insurance, efficiency and accuracy are paramount. For MGAs, wholesalers, and carriers, managing the complexities of underwriting, quoting, and data extraction can be ove...
Posted: Sep 22, 2024
Registration for the next round of Louisiana Fortify Homes Program (LFHP) grants is currently underway and will close at 5 p.m. on Friday, September 20, the Louisiana Department of Insurance announced. The registration period opened at 8 a.m. on Wedn...
Posted: Sep 20, 2024
Holmes Murphy announced the opening of a new office in Lincoln, Nebraska with a focus on client growth, talent attraction and increased opportunity for innovation. Prior to this new office, Holmes Murphy has had a location in Omaha for more …
Posted: Sep 20, 2024
The first readings Abigail Edgar took of hydrogen sulfide and methane at oilfields in Caldwell County in 2021 were so high that she thought her equipment was malfunctioning. “It was off the scales. Methane was off the scales and hydrogen …...
Posted: Sep 20, 2024
A Kentucky judge is dead and the county sheriff is in jail, charged with shooting the judge multiple times Thursday inside the courthouse. Local and national News outlets reported that Letcher County Sheriff Mickey Stines was arrested at the courthou...
Posted: Sep 20, 2024
Russia’s state-run oil tanker company Sovcomflot PJSC said that western sanctions on ships moving the nation’s petroleum oil are only serving to heighten environmental risks by forcing some vessels out of mainstream trading. Since late la...
Posted: Sep 20, 2024
This edition of International People Moves details appointments at HDI Global and Amwins Global Risks. A summary of these new hires follows here. HDI Global Taps SCOR’s Ahn as HK Branch CEO, Lau Named Director APAC Network HDI Global announced...
Posted: Sep 20, 2024
Pennsylvania Attorney General Michelle Henry announced the launch of an online portal for companies and other entities reporting data breaches. The site is for reporting breaches impacting more than 500 Pennsylvania residents — which is required unde...
Posted: Sep 20, 2024
Hackers are demanding $6 million in bitcoin from the operator of the Seattle-Tacoma International Airport for documents they stole during a cyberattack last month and posted on the dark web this week, an airport official said. The Port of Seattle, &#...
Posted: Sep 20, 2024
Wefox Holding AG appointed former Allianz manager Joachim Mueller as chief executive officer, ending a boardroom battle that pit the insurance tech startup’s founders against some of its shareholders. Mueller will replace interim CEO Mark Harti...
Posted: Sep 20, 2024
General Motors is recalling 449,671 pickup trucks and SUVs in the U.S. due to inoperative low brake fluid warning, the U.S. National Highway Traffic Safety Administration said on Friday. The recall includes some 2023 Chevrolet Silverado 1500, GMC Sie...
Posted: Sep 20, 2024
Former Scottsdale Insurance President Mike Miller will now serve as president and CEO of excess & surplus managing general agency Pivix Specialty Insurance Services. Based in Scottsdale, Arizona, Pivix is an E&S platform offering property/cas...
Posted: Sep 20, 2024
Two insurers have settled their dispute over coverage for an employee of the touring company for the musical “Cats” who was seriously injured on the set at a Providence theater in 2019. The Providence Performing Arts Center (PPAC) employe...
Posted: Sep 20, 2024