Insurance Journal
Alliant Insurance Services named Travis Davis a senior vice president within its Alliant Americas division. Davis is based in Bend, Oregon. Davis has a decade of experience in the insurance industry, supplemented by tenure as an engineer and project...
Posted: Aug 09, 2024
For the first time in roughly 40 years, the Environmental Protection Agency used its emergency authority to halt the sale of a weed-killing pesticide that harms the development of unborn babies. Officials took the rare step because the pesticide DCPA...
Posted: Aug 09, 2024
The number of workers’ compensation claims for student-on-school-employee assault dropped significantly during the 2023-24 school year, according to data from Gallagher Basset. This change comes after two years of increasing claims following th...
Posted: Aug 09, 2024
The New Hampshire Supreme Court has reversed the conviction of a former police chief who was accused of violating sexual harassment policies following a call he made to a female employee, saying a judge misinterpreted the law. In a 3-1 …
Posted: Aug 09, 2024
Hub International Ltd. acquired the assets of SCIC LLC (Southern Colorado Insurance) in Colorado Springs, Colorado. Debbie Klisch, owner, and Andrew Klisch, president, and the Southern Colorado Insurance team will join Hub Colorado. Southern Colorado...
Posted: Aug 09, 2024
California Insurance Commissioner Ricardo Lara issued a one-year moratorium on insurance companies to preserve residential insurance coverage for more than 185,000 policyholders affected by the Park, Borel and Gold Complex fires. The moratorium shiel...
Posted: Aug 08, 2024
Liberty Mutual Holding Co. continued to put 2023’s losses behind it and carefully manage growth in 2024, reporting consolidated net income of $717 million for the second quarter versus a net loss of $585 million for the same period in …
Posted: Aug 08, 2024
The fiery North Dakota derailment that burned for days early last month was the latest train crash to involve the flawed tank cars that the National Transportation Safety Board has been trying to get off the tracks for decades. The …
Posted: Aug 08, 2024
Four people were killed when a small airplane crashed Tuesday afternoon in Oklahoma City, local authorities said. The plane crashed about 1:30 p.m. at Sundance Airport, a small airport on the outskirts of the city, according to Oklahoma City Fire ...
Posted: Aug 08, 2024
The city of Naperville must pay $22.5 million in damages for the wrongful conviction of a man accused of arson and murder. A federal jury awarded the damages to William Amor’s estate, the Chicago Tribune reported Tuesday. Amor was found …
Posted: Aug 08, 2024
HOUSTON (AP) — A federal judge on Tuesday dismissed most of the claims in a lawsuit filed by a Black high school student who alleged that school officials committed racial and gender discrimination when they punished him for refusing to …
Posted: Aug 08, 2024
Warner Pacific announced it has completed its acquisition of the General Agency of Ashmore Agency, Inc. Terms of the deal were not disclosed. Founded in 1984 by Elizabeth “Beth” Ashmore and her husband Will Ashmore, and headquartered in L...
Posted: Aug 08, 2024
DARAG Group, the Malta-based legacy acquisition company, announced it has agreed to sell its North American and Bermuda business entities to the RiverStone Group, a subsidiary of Fairfax Financial Holdings Ltd. The sale, which is subject to regulator...
Posted: Aug 08, 2024
Tampa-based Heritage Insurance, enjoying improved profits for the second quarter this year, said it plans to resume writing new policies in Florida and Northeastern states, two years after it ceased new business in the areas. “Importantly, we h...
Posted: Aug 08, 2024
Several European insurers recorded bumper first-half profits on Thursday, as customers burnt by a pandemic, war and a pick-up in natural catastrophes in recent years continue to face higher premiums on policies. Higher interest rates have also given...
Posted: Aug 08, 2024
Increased flooding in Britain from overflowing rivers and blocked drains is leading insurers to pull back from offering cover, particularly for commercial properties and residential landlords, industry representatives say. London was among British ci...
Posted: Aug 08, 2024
Significant flooding was expected across southeast North Carolina and eastern South Carolina Thursday and Friday as Tropical Storm Debby made a second landfill just north of Charleston. “Debby will continue to slowly move over the Carolinas, br...
Posted: Aug 08, 2024
Elected officials and union leaders in Baltimore are calling for safer and more humane working conditions for the city’s public works employees after a man collapsed and died from heatstroke last week while collecting trash during hot summer we...
Posted: Aug 08, 2024
The Maryland Insurance Administration (MIA) is notifying the insurance industry that the maximum penalties that may be imposed for certain violations of the state’s insurance laws will be going up substantially starting October 1. The legislatu...
Posted: Aug 08, 2024
The family of renowned French diver and Titanic expert Paul-Henri Nargeolet is seeking $50 million after he was killed in the implosion of OceanGate’s Titan submersible last year. In a wrongful death lawsuit filed Tuesday in Washington state co...
Posted: Aug 08, 2024
British insurer Beazley upgraded its combined ratio forecast for 2024 on Thursday after first-half pretax profit nearly doubled, boosted by growth in its property risks premiums and fewer catastrophe losses, sending its shares up 10%. The insurer, wh...
Posted: Aug 08, 2024
Taylor Swift shows planned for this week in Vienna have been canceled after Austrian police arrested two people on suspicion of planning a terrorist attack. Concerts for the American pop megastar were canceled after the Austrian government confirmed...
Posted: Aug 08, 2024
This post is part of a series sponsored by PCF Insurance Services. PCF Health & Benefits Practice Leader, Al Marino, teamed up with Hugh O’Toole, CEO of Innovu, to discuss ways to navigate healthcare data for human capital risk enhancement....
Posted: Aug 08, 2024
Pittsford, NY. August 8, 2024 — Sutherland is excited to introduce CognilinkClaims™, an innovative AI-powered solution that integrates Classic AI and Generative AI capabilities to redefine and streamline the entire claims process. This advanced...
Posted: Aug 08, 2024
Zurich Insurance on Thursday posted a bigger than expected 7% rise in first-half operating profit to a record $4 billion due to a strong performance across the board and said it was on track to exceed its 2025 targets. Insurers …
Posted: Aug 08, 2024