Insurance Journal
The regulation that sets up the European Union’s new agency to combat money laundering went into force on Wednesday, and the authority already has its first job posting: the position of chair. Candidates have until July 8 to apply to …
Posted: Jun 27, 2024
Wefox Holding AG is replacing Chief Executive Officer Mark Hartigan after the German insurance tech startup’s board rejected a proposal by its largest stakeholder, Mubadala Investment Co., that he backed to sell the company. Hartigan, who took...
Posted: Jun 27, 2024
The Kentucky Department of Insurance has a new vendor on continuing education and prelicensing services: PSI Services. Prometric, the previous vendor, is no longer accepting education course and instructor reviews, the DOI said in a bulletin. Provide...
Posted: Jun 27, 2024
Verizon Wireless has agreed to pay a $1 million penalty levied by the Federal Communications Commission after a 2022 service outage left people across the Southeast unable to call 911. “Today’s action is part of the FCC’s ongoing ef...
Posted: Jun 27, 2024
Maryland Governor Wes Moore has appointed an interim commissioner at the helm of the Maryland Insurance Administration (MIA). Moore named Joy Y. Hatchette as interim insurance commissioner at MIA. The current commissioner, Kathleen Birrane, previousl...
Posted: Jun 27, 2024
Maryland Governor Wes Moore has appointed an interim commissioner at the helm of the Maryland Insurance Administration (MIA). Moore named Joy Y. Hatchette as interim insurance commissioner at MIA. The current commissioner, Kathleen Birrane, previousl...
Posted: Jun 27, 2024
More than 1,000 residential properties in New Mexico may have been damaged or destroyed by wildfires in New Mexico, according to property data firm CoreLogic. “Multiple, active wildfires in south-central New Mexico potentially impacted approxim...
Posted: Jun 27, 2024
More than 1,000 residential properties in New Mexico may have been damaged or destroyed by wildfires in New Mexico, according to property data firm CoreLogic. “Multiple, active wildfires in south-central New Mexico potentially impacted approxim...
Posted: Jun 27, 2024
The California FAIR Plan Association will expand its clearinghouse to include commercial policies, such as those covering farms and condos, beginning July 1. The move follows the passage of Senate Bill 505 in 2023. California Insurance Commissioner R...
Posted: Jun 27, 2024
DuPont, 3M, Honeywell and 16 other defendants were sued on Tuesday by Connecticut firefighters who said their protective gear was contaminated by toxic “forever chemicals” linked to cancer. Lawyers for the plaintiffs said they believed th...
Posted: Jun 27, 2024
A bill to create a state landslide insurance program for homeowners in Pennsylvania has been advanced by a House committee. The House Environmental Resources and Energy Committee voted 20-5 to move the bill to the full chamber. The measure would R...
Posted: Jun 27, 2024
Dellwood Insurance Group has filed to dismiss a lawsuit filed against it by American International Group, who it says is using the court system “as a cudgel to crush a fledgling startup.” According to the motion filed last week in …
Posted: Jun 26, 2024
Wyrick Joins Powers Insurance & Risk Management Powers Insurance & Risk Management, headquartered in St. Louis, hired Kelsey Wyrick as a personal lines account manager. Wyrick’s responsibilities include managing personal lines accounts,...
Posted: Jun 26, 2024
Floodwaters damaged hundreds of properties this week across parts of Nebraska, Iowa, Minnesota and South Dakota as the Midwest recovers from days of intense rainfall. Three days of torrential downpours resulted in as much as 18 inches of rainfall in...
Posted: Jun 26, 2024
This edition of International People Moves details appointments at QBE and Howden’s managing general agency, DUAL Benelux. A summary of these new hires follows here. QBE Promotes Product Mgrs for Cyber and Mgmt. Liability/Financial Institutions...
Posted: Jun 26, 2024
Maryland Attorney General Anthony G. Brown announced the indictment of a former state employee in two separate cases involving theft and insurance fraud. Shanell Angelia West, of Essex, was allegedly involved in a theft scheme while working at the Ma...
Posted: Jun 26, 2024
The chair of the National Transportation Safety Board said Norfolk Southern threatened the board, sought to manufacture evidence and failed to provide documents during its investigation of a 2023 Ohio derailment. NTSB Chair Jennifer Homendy said in e...
Posted: Jun 26, 2024
A dam holding back swollen flood waters in Minnesota was at risk of failure Monday as intense weather buffeted much of the US. The Blue Earth River has cut around the west side of the Rapidan Dam, local officials warned …
Posted: Jun 26, 2024
More Texas homeowners and renters than ever are struggling with high housing costs — and the state’s high home prices have potentially put the dream of owning a home out-of-reach for a growing number of families. That’s according to a ...
Posted: Jun 26, 2024
LITTLE ROCK, Ark. (AP) — Arkansas on Monday sued two pharmacy benefit managers that oversee coverage for insurers, employers and other large clients, accusing them of fueling the opioid crisis in the state. Attorney General Tim Griffin filed the laws...
Posted: Jun 26, 2024
Residents of a California are near the town of Paradise, the site of the state’s most destructive wildfire in history, were ordered to evacuate and roads were closed this week as a wildfire spread. The Apache Fire in Palermo, which …
Posted: Jun 26, 2024
Novo Nordisk A/S plans to invest $4.1 billion in another US factory, plowing more money into its biggest market amid rising discontent over the cost of its obesity and diabetes drugs. The project in Clayton, North Carolina, will double the …
Posted: Jun 26, 2024
A family in Naples, Florida, has filed suit against NASA, contending that debris from the International Space Station damaged their home and mental well-being when it crashed through the roof in March. The claim, filed under provisions of the Federal...
Posted: Jun 26, 2024
A hack on a London hospital has left hundreds of millions of health records exposed and forced doctors to reschedule life-altering cancer treatments. In North America, a gang tried auctioning off data about LendingTree Inc. customers after finding cr...
Posted: Jun 26, 2024
Zurich early Wednesday said it is purchasing the global personal travel insurance business of American International Group (AIG) for $600 million. The deal, according to Zurich, may include an additional payment if specific targets are met after the...
Posted: Jun 26, 2024