Insurance Journal
The National Highway Traffic Safety Administration said on Monday it was seeking more information about an accident involving Tesla’s TSLA.O Cybertruck from the electric vehicle maker. The driver of the electric pickup truck was declared dead a...
Posted: Aug 06, 2024
All major commercial lines premium renewal rates were higher in July than in June, except commercial property which decreased, according to the latest monthly Ivans Index. Year over year, commercial auto, business owners, general liability, commercia...
Posted: Aug 06, 2024
This edition of International People moves details appointments at Arch Insurance International and Price Forbes Singapore. A summary of these new hires follows here. Arch Insurance International Promotes Penberthy to CFO Arch Insurance International...
Posted: Aug 06, 2024
Europe’s wildfire risks are extending as far north as the UK after a recent spell of hot weather. Parts of southeastern England, including areas around London, face high wildfire risks later this week, according to forecasts from Copernicus. Wi...
Posted: Aug 06, 2024
Google illegally monopolized the search market through exclusive deals, a judge ruled Monday, handing the government a win in its first major antitrust case against a tech giant in more than two decades. Judge Amit Mehta in Washington said that ̷...
Posted: Aug 06, 2024
Hurricane Debby left at least six people dead Monday along with widespread flooding in the same parts of Florida and Georgia that were swamped by Hurricane Idalia less than a year ago. Debby made landfall near Steinhatchee, in the Big …
Posted: Aug 06, 2024
The Park Fire continues to slowly grow to 647 square miles, as thousands of firefighters continue to work to gain more control over the Northern California blaze, which is now the state’s fourth largest on record. The fire runs across …
Posted: Aug 06, 2024
German prosecutors have charged another two former Wirecard executives, according to a statement from their Munich office on Tuesday, casting their net wider in investigations into one of Germany’s biggest corporate scandals. Wirecard collapsed...
Posted: Aug 06, 2024
GSK won the latest trial over claims that discontinued heartburn drug Zantac caused cancer, as a jury on Monday found that the drug was not responsible for an Illinois woman’s illness, a company spokesperson said. Carrie Joiner had alleged in &...
Posted: Aug 06, 2024
Nearly a third of existing carbon credits have failed to meet criteria for a new standard that aims to serve as the global benchmark for the voluntary carbon market, its board said on Tuesday. In the voluntary market, companies can …
Posted: Aug 06, 2024
Global insurance brokerage Hub International Limited announced it has acquired Insurance Management Company (IMC). Located in Erie, Pennsylvania, IMC provides commercial insurance and risk management services to commercial, industrial, institutional...
Posted: Aug 06, 2024
Cash-strapped Thames Water is seeking to strike a deal with its regulator to avoid a fine of £104 million ($133 million) for polluting rivers. Industry regulator Ofwat said the utility released raw sewage from wastewater treatment works for years wit...
Posted: Aug 06, 2024
HPM Insurance of Amherst, New Hampshire reports it has acquired Insurance Savers Agency, a personal and commercial lines agency with offices in the towns of Littleton and Thornton. The purchase of Insurance Savers Agency expands the footprint of HPM...
Posted: Aug 06, 2024
The US Congress passed the Coastal Barrier Resources Act in 1982 to preserve relatively undeveloped waterfront areas as natural buffer zones. At least 1.4 million acres along the Atlantic and Gulf coasts were made ineligible for the kind of federal &...
Posted: Aug 06, 2024
This post is part of a series sponsored by AgentSync. In the insurance industry, the term “termination” can refer to a few different things. First, there are policy terminations. These occur when an insurance policy runs its course and th...
Posted: Aug 06, 2024
Singapore ministers addressed concerns about Allianz SE’s plan to buy a majority stake in Income Insurance Ltd., saying it would be held to account on its commitments and that the potential deal isn’t expected to adversely impact competit...
Posted: Aug 06, 2024
Austin, TX., August 6, 2024 —The Risk & Insurance Education Alliance is proud to announce the launch of its first Certified Insurance Counselor (CIC) self-paced course titled “CIC Commercial Multiline.” Crafted to meet the evolv...
Posted: Aug 06, 2024
This post is part of a series sponsored by PCF Insurance Services. PCF Senior Benefits Practice Leader Jason Milz offers a helpful guide to Original Medicare and Medicare Advantage. When it comes to Medicare, the federal health insurance program for...
Posted: Aug 06, 2024
U.S. central bank policymakers pushed back on Monday against the notion that weaker-than-expected July jobs data means the economy is in recessionary freefall, but also warned that the Federal Reserve will need to cut rates to avoid such an outcome....
Posted: Aug 06, 2024
Warren Buffett appears to have soured on stocks, letting cash at Berkshire Hathaway soar to nearly $277 billion and selling about half its stake in Apple, even as the conglomerate posted a record quarterly operating profit. Berkshire’s results...
Posted: Aug 06, 2024
Analysis of 1.2 million workers compensation claims reveals the costliest claims are driven by the most common workplace accidents, according to Travelers 2024 Injury Impact Report. The data also shows first-year employees are still among those most...
Posted: Aug 06, 2024
The U.S. Commerce Department is expected to propose barring Chinese software in autonomous and connected vehicles in the coming weeks, according to sources briefed on the matter. The Biden administration plans to issue a proposed rule that would bar...
Posted: Aug 06, 2024
A woman in north Georgia has been charged with insurance fraud after she claimed that a “personal care device” caused injuries that cost as much as $350,000 to treat. Kamala Anderson, 45, of Snellville, was arrested last month after the &...
Posted: Aug 06, 2024
For decades, Georgia’s insurance industry has sought to eliminate the long-standing provision allowing trucking-accident plaintiffs to sue insurance companies directly. This was the single most important issue the industry wanted to see address...
Posted: Aug 06, 2024
The drunk driver who killed four people and injured nine more when he crashed his SUV into a Long Island nail salon was driving 78 mph (125 kph) at the time of the crash, prosecutors said Thursday as the driver …
Posted: Aug 06, 2024