Insurance Journal
Floyd County keeps flooding and the federal government keeps coming to the rescue. In July 2022, at least 40 people died and 300 homes were damaged when the eastern Kentucky county flooded. It was the 13th time in 12 years …
Posted: Jul 24, 2024
DAYTONA BEACH, Fla. (AP) — Florida-based Brown & Brown Inc. (BRO), one of the largest U.S. insurance brokerages, this week reported second-quarter net income of $257 million, up from $190 million for the second quarter of last year. On a …
Posted: Jul 24, 2024
DAYTONA BEACH, Fla. (AP) — Florida-based Brown & Brown Inc. (BRO), one of the largest U.S. insurance brokerages, this week reported second-quarter net income of $257 million, up from $190 million for the second quarter of last year. On a …
Posted: Jul 24, 2024
Wildfires in Canada’s energy-producing Alberta province are threatening almost 10% of the region’s oil production and forcing the evacuation of one of the country’s largest national parks during the peak summer tourist season. Hot w...
Posted: Jul 24, 2024
Typhoon Gaemi claimed the lives of at least four people and forced the evacuation of hundreds of thousands in the Philippines, where parts of Manila are flooded even as the storm moves towards Taiwan. Packing sustained winds of up to …
Posted: Jul 24, 2024
W.R. Berkley CEO W. Robert Berkley, Jr. said the company does not see last week’s global network systems outage “being a material loss to the organization.” “I would be surprised if we didn’t have any loss activity, but...
Posted: Jul 24, 2024
The national auto insurance shopping and quoting rate reached a new high between April and June, but many insurers appear to have achieved or are approaching rate adequacy, “which should lead to less rate activity and perhaps less shopping in &...
Posted: Jul 24, 2024
Hackers have leaked internal documents stolen from Leidos Holdings Inc., one of the largest IT services providers to the US government, according to a person familiar with the matter. Leidos recently learned of the issue and believes the documents we...
Posted: Jul 24, 2024
A federal judge on Tuesday rejected a bid by a tree-trimming company to block a U.S. Federal Trade Commission rule from taking effect that would ban agreements commonly signed by workers not to join their employers’ rivals or launch competing &...
Posted: Jul 24, 2024
Morgan & Morgan calls itself the nation’s largest injury law firm, with offices in most states. But perhaps the Orlando-founded firm has grown too big, too quickly, suggests a proposed class-action lawsuit that claims the firm has botched h...
Posted: Jul 24, 2024
Insurance software firm Applied Systems reports that it has acquired Planck, a leading artificial intelligence (AI) company for the insurance industry. Planck provides an AI-based data platform for commercial insurance. It works with US insurance com...
Posted: Jul 24, 2024
Insurance software firm Applied Systems reports that it has acquired Planck, a leading artificial intelligence (AI) company for the insurance industry. Planck provides an AI-based data platform for commercial insurance. It works with US insurance com...
Posted: Jul 24, 2024
Exactly one year to the date of last year’s severe flooding in Vermont, Joe’s Brook Farm was flooded again by the remnants of Hurricane Beryl. This time it was worse. Workers were able to harvest some of the produce before …
Posted: Jul 24, 2024
Maryland Attorney General Anthony G. Brown reports that a grand Jury for Prince George’s County has handed down two indictments charging an Upper Marlboro woman with insurance fraud. According to Brown, Rhonda Keisha Powell, also known as Rhond...
Posted: Jul 24, 2024
Facing a future of shortages, California is entering a new phase of water conservation: Cities and towns must meet new mandates ramping down use over the next 15 years — and some will be hit harder than others. Approved two …
Posted: Jul 24, 2024
Donegal Insurance Group, headquartered in Marietta, Pennsylvania, promoted Caleb Landis to assistant vice president of commercial lines systems development. Landis will be based out of Donegal’s home office in Marietta. Landis succeeds Barb Doy...
Posted: Jul 24, 2024
Officials released the name of a pilot who died in a skydiving flight after her passengers jumped from the aircraft near the Niagara Falls. Melanie Georger, 26, was the only person on board when the single-engine Cessna crashed Saturday, the …
Posted: Jul 24, 2024
Chubb said second quarter net income was up more than 24% to about $2.2 billion despite higher catastrophe losses than a year ago. Catastrophe losses for the second quarter were $580 million, pretax, compared to $400 million last year during …
Posted: Jul 23, 2024
A growing homeowners insurance crisis for Californians is straining brokers who must work harder to get increasingly expensive and more frequently unavailable coverage for their clients, a crisis many of them blame on regulations and wildfires. Wildf...
Posted: Jul 23, 2024
A growing homeowners insurance crisis for Californians is straining brokers who must work harder to get increasingly expensive and more frequently unavailable coverage for their clients, a crisis many of them blame on regulations and wildfires. Wildf...
Posted: Jul 23, 2024
DUAL Group announced the appointment of Marilena Rodriguez Forero as CEO for the newly established region, DUAL Latin America, effective Aug. 1, 2024. Rodriguez Forero will be a member of DUAL’s Group Executive Committee, reporting to Richard C...
Posted: Jul 23, 2024
DUAL Group announced the appointment of Marilena Rodriguez Forero as CEO for the newly established region, DUAL Latin America, effective Aug. 1, 2024. Rodriguez Forero will be a member of DUAL’s Group Executive Committee, reporting to Richard C...
Posted: Jul 23, 2024
FAITH, S.D. (AP) — A few months ago, the city council in this ranching town in remote northwestern South Dakota decided to join dozens of other communities across the state and hire an outside contractor to enforce property codes. But …
Posted: Jul 23, 2024
A truck driver in Ohio has been charged with aggravated vehicular homicide in a chain-reaction crash involving a charter bus filled with high school students that left six people dead and 18 injured. The crash on Interstate 70 last November …
Posted: Jul 23, 2024
JACKSONVILLE, Fla. (AP) — The Jacksonville Jaguars have filed a lawsuit against a former employee who is serving prison time after pleading guilty to stealing $22 million from the NFL team’s virtual credit card program. The lawsuit, filed Thurs...
Posted: Jul 23, 2024