Insurance Journal
The Lloyd’s insurance and reinsurance market reported overall profit before tax of £4.9 billion (US$6.4 billion), a 25.6% increase from the £3.9 billion (US$5.1 billion) reported during H1 2023. The combined ratio, which is a key measure of und...
Posted: Sep 05, 2024
The Lloyd’s insurance and reinsurance market reported overall profit before tax of £4.9 billion (US$6.4 billion), a 25.6% increase from the £3.9 billion (US$5.1 billion) reported during H1 2023. The combined ratio, which is a key measure of und...
Posted: Sep 05, 2024
Jamison IP, an Accretive Company, Welcomes Jeff Roth to Their Growing Wholesale Insurance Brokerage Team ORLANDO, Fla., September 05, 2024 – Accretive Insurance Solutions, a nationwide collection of leading independent specialty and wholesale insuran...
Posted: Sep 05, 2024
The extended deadline to nominate your agency as a ‘Best Agency’ is Monday so don’t miss out – nominate your agency today for Insurance Journal’s “Best Agency to Work For” awards. To nominate your agency, you...
Posted: Sep 05, 2024
EPIC Insurance Brokers & Consultants, headquartered in San Francisco, is now the official provider of risk management services for the Miami Dolphins football team and Hard Rock Stadium. The deal, announced Thursday, will not put the EPIC patch o...
Posted: Sep 05, 2024
A fight over Gulf of Mexico oil production is looming in Washington as US regulators race to redo guidance on how to protect endangered species ahead of a deadline that could ultimately threaten about 15% of the nation’s crude output. …
Posted: Sep 05, 2024
Attorneys representing both living and deceased patients of an Oregon hospital filed a $303 million lawsuit against the facility after a nurse was accused of replacing prescribed fentanyl with nonsterile tap water in intravenous drips. The wrongful d...
Posted: Sep 05, 2024
Four people were killed and nine others injured after a teen gunman opened fire at a high school in Winder, Georgia, an old railroad town northeast of Atlanta. The identities of the victims haven’t been released, but police said they …
Posted: Sep 05, 2024
BOVINA, Miss. (AP) — The seven people killed in a weekend bus crash in Mississippi were all from Mexico, the Mississippi Highway Patrol said Tuesday as it released their names and ages. The department said those killed Saturday were Miguel …
Posted: Sep 05, 2024
ATLANTA (AP) — A former University of Georgia recruiting analyst who was severely injured in a deadly car crash has settled her lawsuit against the school’s athletic association nearly two years after the accident. In a court filing last week,...
Posted: Sep 05, 2024
U.S. facial recognition company Clearview AI has been fined 30.5 million euros ($33.7 million) for building what Dutch data protection watchdog DPA said on Tuesday was an illegal database. DPA also issued an additional order, imposing a penalty of up...
Posted: Sep 05, 2024
First Connect Insurance Services and Root Insurance said they are partnering to off API-powered quote and bind capabilities to independent agents. First Connect, a subsidiary of insurtech Hippo, is a digital platform designed to provide independent a...
Posted: Sep 05, 2024
Moody’s Corp. today said it acquired analytics firm Praedicat. The acquisition adds casualty and liability modeling to Moody’s range of market leading solutions for the insurance industry. Terms of the deal were not disclosed. Praedicat&#...
Posted: Sep 05, 2024
Johnson & Johnson plans to pay an additional $1.1 billion to resolve tens of thousands of legal actions alleging its baby powder and other talc products caused cancer, two people familiar with the matter said. The increase would boost the …
Posted: Sep 05, 2024
This edition of International People Moves details appointments at Brit Ltd. in Bermuda and HDI Global in Germany. A summary of these new hires follows here. Brit Names Guy Carpenter’s Stephenson to Lead Bermuda Expansion Brit Ltd. announced th...
Posted: Sep 05, 2024
As the planet warms and more natural disasters occur, insurers are facing an increasingly difficult time. In 2023, for the fourth year in a row, global insured catastrophe losses exceeded $100 billion. The trend continues this year: In the first R...
Posted: Sep 05, 2024
A public inquiry into the devastating 2017 London Grenfell Tower blaze concluded on Wednesday that a “culmination of decades of failure” by the government and the construction industry ultimately led to the disaster that killed 72 people....
Posted: Sep 05, 2024
As litigation and regulation increase around per- and polyfluoroalkyl substances (PFAS), insurance underwriting is tightening across lines. Insurance professionals who specialize in PFAS say insurers are mandating coverage exclusions and, in some cas...
Posted: Sep 05, 2024
A public inquiry into the devastating 2017 London Grenfell Tower blaze that killed 72 people blamed the disaster on failings by the government, construction industry and, most of all, the firms involved in fitting the exterior with flammable cladding...
Posted: Sep 05, 2024
Volkswagen AG’s ex-Chief Executive Officer Martin Winterkorn denied duping customers and taking too long to alert markets about diesel-emission cheating, telling a German criminal court he was never properly informed about the vast scale of the...
Posted: Sep 05, 2024
A federal judge in San Francisco has ruled that roughly 150 older workers who were laid off by social media platform X when Elon Musk acquired the company can sue for age discrimination as a class, exposing the company to …
Posted: Sep 05, 2024
Relation Insurance Services reports it has acquired the assets of The Haney Company, Inc. of Silver Spring, Maryland. The transaction went into effect on May 1, 2024; terms were not disclosed. Haney offers employee benefits, commercial and personal i...
Posted: Sep 05, 2024
Inszone Insurance Services acquired Cascade Insurance Center in the Bend, Oregon. The Cascade Insurance Center team will continue to operate out of their Bend location under the Inszone Insurance Services umbrella. Sacramento, California-based Inszon...
Posted: Sep 05, 2024
The pilot of a plane that crashed in northeast Wyoming in July, killing seven people, declared an emergency and loss of the autopilot shortly before the incident that claimed the lives of three members of the Gospel Music Association Hall …
Posted: Sep 05, 2024
The pilot of a plane that crashed in northeast Wyoming in July, killing seven people, declared an emergency and loss of the autopilot shortly before the incident that claimed the lives of three members of the Gospel Music Association Hall …
Posted: Sep 05, 2024