Insurance Journal
The Hilb Group announced that it has acquired a Texas-based property and casualty agency, adding to the company’s expanding presence in the Central region of operations. The company did not name the acquired agency. The acquisition took effect...
Posted: Aug 22, 2024
The West Virginia insurance commissioner’s office has adopted a new policy: It will soon begin destroying workers’ compensation claim files that are 10 years old or older. “Given increasing cybersecurity concerns and the type of inf...
Posted: Aug 22, 2024
The Hanover Enhances Its Holistic Work Safe Program The Hanover. Insurance Group has expanded its Hanover Work Safe, a group of services promising a personalized approach to worker safety and claims handling. The Hanover’s claims specialists pr...
Posted: Aug 22, 2024
The National Highway Traffic Safety Administration said it was closing its preliminary investigation into the hard braking and immobilization issues in 1,194 autonomous ride-hailing vehicles operated by General Motors’. Cruise unit. The NHTSA s...
Posted: Aug 22, 2024
General Motors’ GM.N Cruise unit has agreed to recall nearly 1,200 robotaxis over hard braking issues, the U.S. auto safety regulator said on Thursday, following a probe into the safety of their autonomous driving systems. As a result of the &#...
Posted: Aug 22, 2024
Corporate risk managers looking to gauge the likelihood that their directors and officers will be sued and how much that might cost have a new digital tool to help them. Global insurance broker Aon has launched its Directors and Officers …
Posted: Aug 22, 2024
Yellow weather warnings are in place for Scotland on Thursday, as the remnants of Hurricane Ernesto bring strong winds and heavy rain. There’s an alert for rain across western Scotland, with more than 100 millimeters (4 inches) forecast for hig...
Posted: Aug 22, 2024
Australia is facing elevated wildfire risks months ahead of the summer fire season, as an unusually warm winter scorches parts of the continent and threatens to set temperature records. Heat is forecast to bake vast areas of the country in …
Posted: Aug 22, 2024
Swiss Re AG’s first-half net income beat estimates, as the re-insurer avoided higher claims from natural catastrophes that have impacted the broader insurance industry. Profit for the second quarter was $996 million, resulting in net income of...
Posted: Aug 22, 2024
Yacht insurance provider OMAC is the carrier on the hull for the Bayesian, a 56-meter-long (184-ft) sailboat, that was hit by a ferocious storm on Monday, sinking off the northern coast of Sicily, two sources with knowledge of the matter …
Posted: Aug 22, 2024
Yacht insurance provider OMAC is the carrier on the hull for the Bayesian, a 56-meter-long (184-ft) sailboat, that was hit by a ferocious storm on Monday, sinking off the northern coast of Sicily, two sources with knowledge of the matter …
Posted: Aug 22, 2024
CHARLESTON, W.Va. (AP) — West Virginia Gov. Jim Justice, deep in the middle of a U.S. Senate race, is also in a mad-dash legal fight to keep a historic West Virginia hotel at his luxury resort before it’s auctioned off …
Posted: Aug 22, 2024
NEW YORK (AP) — Disney is no longer asking a Florida court to dismiss a wrongful death lawsuit on the grounds that the victim’s family had signed up for its streaming service Disney+. The company filed a notice in Orange …
Posted: Aug 22, 2024
Atlanta-based Titan Aerospace Insurance, one of the larger aviation insurance brokers, has acquired Plimsoll Specialty Markets, a boutique aviation and aerospace brokerage house also based in Atlanta. Michael Clark, president of Plimsoll, is now pres...
Posted: Aug 22, 2024
A study from RAND found that rising litigation rates, trial awards and claim severity are consistent with the expected effects of social inflation. The study, What Is the Evidence for Social Inflation? Trends in Trial Awards and Insurance Claim Payme...
Posted: Aug 22, 2024
California legislators are set to vote on a bill as soon as this week that would broadly regulate how artificial intelligence is developed and deployed in California even as a number of tech giants have voiced broad opposition. Here is …
Posted: Aug 22, 2024
A federal judge in California on Wednesday dismissed a lawsuit accusing social media platform X of forcing out workers with disabilities after Elon Musk took over the company and barred employees from working remotely. U.S. District Judge Araceli Mar...
Posted: Aug 22, 2024
The family of a man fatally shot by a Connecticut police officer as he tried to flee in a stolen car while being attacked by a police dog has filed a wrongful death lawsuit and called Wednesday for a federal …
Posted: Aug 22, 2024
California Insurance Commissioner Ricardo Lara named several new members to the state’s insurance advisory boards and committees. Timothy Hyamn was named to the California Insurance Guarantee Advisory Board of Directors, Bryan Little was named...
Posted: Aug 22, 2024
A 56-year-old former Washington State meter reader who claimed she was so traumatized from a workplace dog attack that she fainted at the sight of dogs has pleaded guilty in a workers’ compensation fraud case. According to a Washington State &#...
Posted: Aug 22, 2024
It took seven people, 15 seconds and a fire extinguisher. With that, a seven-person crew from Pennsylvania made off with more than $60,000 in luxury goods from the Chanel store in the posh Tysons Galleria mall in northern Virginia back …
Posted: Aug 22, 2024
Most Americans will remember 2020 as the year when the pandemic changed everything. But for Lake Charles, Louisiana, and its neighbors along the Gulf Coast, it was also the year of record-setting disasters, when “once-in-a-lifetime” storm...
Posted: Aug 21, 2024
Alliant Insurance Services, headquartered in Irvine, California, named Brad Heter as vice president and producer within its employee benefits group serving Alliant’s Midwest region, specifically in the Ohio market. Heter has over 20 years of ex...
Posted: Aug 21, 2024
Alliant Insurance Services, headquartered in Irvine, California, named Alliant Specialty Senior Vice President Orlando Aguirre as the leader of its newly launched Alliant Commercial Surety. Based in Houston, Aguirre joined Alliant as senior vice pres...
Posted: Aug 21, 2024
MARSEILLES, Ill. (AP) — Two Indiana men have died and a 7-year-old girl has been found safe after the boat they were fishing from was found capsized on an eastern Illinois lake. Police responded Sunday to a 911 call at …
Posted: Aug 21, 2024