Insurance Journal
This post is part of a series sponsored by Dyad. In the dynamic landscape of insurance distribution, the convergence of efficiency and innovation is reshaping traditional workflows and elevating user experiences. Amidst this transformation, several k...
Posted: May 07, 2024
The African Union’s climate insurance agency will pay out at least $60 million to four southern African nations to help them offset the impact of a drought that’s been driven by the El Niño weather pattern, its director general said. R...
Posted: May 07, 2024
The Michigan Supreme Court unanimously ruled in favor of a local government Friday in a dispute over sending a drone to take pictures of a rural salvage yard without permission. Liberal and conservative groups closely watched the case, even joining &...
Posted: May 07, 2024
Casper Specialty UK Ltd., the casualty-focused MGA and independent sister company to the broker Miller, announced it had secured two new capacity providers, as it enters its second year of trading. Chaucer and TMK have joined Argenta to provide addit...
Posted: May 07, 2024
Higginbotham announced it has acquired Barnard Insurance Group of Wichita Falls, Texas. Family owned and operated since 1931, Barnard is an independent agency with services that include personal, life and health, and commercial coverage. Barnard spec...
Posted: May 07, 2024
Skyward Specialty Insurance Group, Inc.announced the pricing of its secondary offering of 4,400,000 shares being offered by The Westaim Corporation, through its wholly-owned subsidiary, Westaim HIIG GP Inc. (the “Selling Stockholder”) at...
Posted: May 07, 2024
The leader of one of the most prolific ransomware gangs was indicted and sanctioned by the US government on Tuesday, the latest effort by law enforcement authorities to crack down on rampant cybercrime. Dmitry Yuryevich Khoroshev, a 31-year-old Russi...
Posted: May 07, 2024
LIVINGSTON — Clinton Jones looked across the emergency shelter Friday. His children were going stir crazy. His wife, Samantha, and mother-in-law, Lee Farrell, were making the best of the cots and blankets they received from the Red Cross. The 27-year...
Posted: May 07, 2024
Acrisure, the Grand Rapids, Michigan-based insurance broker and fintech specialist, announced it has completed two acquisitions, expanding its southern England region, which is managed by Sutton Winson, Acrisure’s largest UK acquisition to date...
Posted: May 07, 2024
SABINA, Ohio (AP) — It was just after dark as Ross Woodruff hopped into a truck to haul soybean seeds out to his brother, Mark, whose planter had run out. It was the first day they could plant after heavy …
Posted: May 07, 2024
Truist Financial Corporation today said it completed the previously announced sale of its remaining stake in Truist Insurance Holdings, the fifth largest insurance brokerage in the United States, to an investor group led by private equity firms Stone...
Posted: May 07, 2024
U.S. auto safety investigators are seeking detailed answers and documents from Tesla in a probe into the automaker’s December recall of more than 2 million vehicles to install new Autopilot safeguards. The National Highway Traffic Safety Admini...
Posted: May 07, 2024
ATLANTA (AP) — Georgia’s governor on Thursday signed a bill putting new regulations on the production and sale of products containing kratom, a plant-based supplement. The law, which takes effect Jan. 1, prohibits the sale of kratom to anyone u...
Posted: May 07, 2024
One child was killed and another injured when a bounce house was swept up by wind in Casa Grande, Arizona, in what local authorities called “a tragic accident.” Saturday’s fatality occurred after a strong gust sent the inflatable to...
Posted: May 07, 2024
Australia’s Qantas Airways agreed to pay A$120 million ($79 million) to settle a regulator lawsuit over the sale of thousands of tickets on already canceled flights, in an attempt to end a reputational crisis that has engulfed the airline. The...
Posted: May 07, 2024
The European Union has proposed restrictions on 11 vessels that contribute to Russia’s ability to sustain its war against Ukraine. The proposed measures, if approved by member states, would ban the ships from accessing EU ports and anchorage zo...
Posted: May 07, 2024
HSB announced the opening of a new office location in Al-Jubail, Saudi Arabia, on May 6. “One of our strategic priorities is to increase accessibility to HSB’s inspection and engineering services, particularly in growing markets such as S...
Posted: May 07, 2024
Everest Insurance, the insurance division of Everest Group, Ltd. headquartered in Hamilton, Bermuda, appointed four United States regional executives as part of realigning its retail business into four regions. Craig Hanrahan, regional executive, U.S...
Posted: May 07, 2024
Everest Insurance, the insurance division of Everest Group, Ltd. headquartered in Hamilton, Bermuda, appointed four United States regional executives as part of realigning its retail business into four regions. Craig Hanrahan, regional executive, U.S...
Posted: May 07, 2024
The U.S. Centers for Disease Control and Prevention (CDC) said on Monday it had met with state health officials and asked them to facilitate distribution of protective gear for farm workers to avoid infection against H5N1 bird flu. The CDC …
Posted: May 07, 2024
The number of wildfires per year is going down, but the increasing size and intensity of the fires is creating more property damage than ever before – in fact, the average fire size has tripled over the past 30 years, …
Posted: May 07, 2024
Lenders to 777 Partners have accused it of fraud, claiming that the Miami-based investment firm borrowed against $350 million of assets that it didn’t own, didn’t exist or were already promised to someone else. Josh Wander, co-founder of...
Posted: May 07, 2024
A new rule from Fannie Mae and Freddie Mac, if it stands, could throw a wrench into the property-casualty insurance industry’s move toward actual cash value for more homeowners and condo coverage. Starting June 1, the government-backed mortgage...
Posted: May 07, 2024
A new rule from Fannie Mae and Freddie Mac, if it stands, could throw a wrench into the property-casualty insurance industry’s move toward actual cash value for more homeowners and condo coverage. Starting June 1, the government-backed mortgage...
Posted: May 07, 2024
A new guideline from Fannie Mae, if it stands, could throw a wrench into the property-casualty insurance industry’s move toward actual cash value for more homeowners and condo coverage. Starting June 1, the government-backed mortgage corporatio...
Posted: May 07, 2024