Insurance Journal
Berkshire Hathaway shareholders on May 3 rejected a resolution requiring the company to report on risks from its subsidiaries’ race-based initiatives, one of seven proposals tied to diversity, artificial intelligence and other issues that were...
Posted: May 07, 2025
Gallagher announced it has acquired Turkey-based Aspera Sigorta ve Reasürans Brokerliği A.Ş. (Aspera). Terms of the transaction were not disclosed. Established in 2022, Aspera is a boutique insurance and reinsurance broker specializing in industrial...
Posted: May 07, 2025
Thousands of rail passengers in Spain were hit with delays after copper cables used in the signaling system of a high-speed line traveling south from Madrid to Seville were stolen at five locations, authorities said Monday. The theft, which happened...
Posted: May 07, 2025
Florida lawmakers late last week gave final approval to a long-debated condominium bill, one designed to give condo owners a little relief on the high cost of bringing structures up to code. But the final version of the bill seems …
Posted: May 07, 2025
Florida lawmakers late last week gave final approval to a long-debated condominium bill, one designed to give condo owners a little relief on the high cost of bringing structures up to code. But the final version of the bill seems …
Posted: May 07, 2025
The Army is pausing helicopter flights near a Washington airport after two commercial planes had to abort landings last week because of an Army Black Hawk helicopter that was flying to the Pentagon. The commander of the 12th Aviation Battalion …...
Posted: May 07, 2025
A San Jose, California-based electrical engineering and construction company paid $1.4 million for violating the Fair Labor Standards Act. The U.S. Department of Labor found Cupertino Electric Inc. failed to pay proper overtime rates, fining and fine...
Posted: May 07, 2025
The California Labor Commissioner’s Office cited Pepperdine University and four janitorial contractors after an investigation reportedly found violations of state janitorial registration laws. The labor commissioner says Pepperdine University,...
Posted: May 07, 2025
The California Labor Commissioner’s Office cited Pepperdine University and four janitorial contractors after an investigation reportedly found violations of state janitorial registration laws. The labor commissioner says Pepperdine University,...
Posted: May 07, 2025
Insurance broker World Insurance Associates LLC has acquired the business of Christopher Williams Agency and Barrett Millard LLC of Pittsford, New York. The Christopher Williams Agency began in 1961, and it purchased Barrett Millard in 2023. The agen...
Posted: May 06, 2025
Louisiana Insurance Commissioner Tim Temple sent out an announcement this week to all property and casualty insurance companies notifying of a statue that requires insurers to disclose all available discounts that could lead to reduced premiums for c...
Posted: May 06, 2025
Benefit Advisors Network (BAN), an international network of progressive and visionary employee benefit brokers and consulting firms from across the United States and Canada, announced Houston, Texas-based Carroll Insurance has been accepted for membe...
Posted: May 06, 2025
Rivian Automotive Inc. is investing $120 million in a new supplier park in Illinois, another win for Governor JB Pritzker after the company announced a $1.5 billion plan to expand its plant in the state. The 1.2 million-square-foot park in …
Posted: May 06, 2025
Encova Insurance, headquartered in Columbus, Ohio, hired Ramu Lingala as the successor to Tony Laska, executive vice president and chief information officer. Laska announced his plans for retirement at the end of 2025 last year. Lingala joined Encova...
Posted: May 06, 2025
Premium renewal rates increased year-over-year for all major commercial lines, except workers’ compensation, according to first quarter 2025 results of the Ivans Index. Compared to fourth quarter 2024, all lines experienced a decrease in averag...
Posted: May 06, 2025
Aon Promotes Lyons to Bermuda CEO of Reinsurance Insurance broker Aon plc announced that Amanda Lyons had been appointed CEO of Aon Reinsurance Solutions Ltd. in Bermuda, effective July 1. The appointment is subject to regulatory and immigration appr...
Posted: May 06, 2025
A net 30,000 New Yorkers fled the city for Florida’s Palm Beach and Miami-Dade counties in the five years through 2022, taking with them a combined $9.2 billion in income, a new report shows. The two Florida counties gained households …
Posted: May 06, 2025
(THE CONVERSATION) The National Hurricane Center‘s forecasts in 2024 were its most accurate on record, from its one-day forecasts, as tropical cyclones neared the coast, to its forecasts five days into the future, when storms were only beginnin...
Posted: May 06, 2025
Burger King must face a lawsuit claiming it misleads customers with advertisements that make its Whopper sandwich and other products appear larger than they are. In a decision on Monday, U.S. District Judge Roy Altman in Miami found it plausible R...
Posted: May 06, 2025
Marsh, a business of Marsh McLennan headquartered in New York City, appointed Jim Dunn as U.S. construction practice leader. Based in Atlanta, Georgia, Dunn will report to Michael Pellegrini, U.S. and Canada specialty leader, Marsh. Dunn has over 30...
Posted: May 06, 2025
Marsh, a business of Marsh McLennan headquartered in New York City, appointed Jim Dunn as U.S. construction practice leader. Based in Atlanta, Georgia, Dunn will report to Michael Pellegrini, U.S. and Canada specialty leader, Marsh. Dunn has over 30...
Posted: May 06, 2025
Insurtech Lemonade reported a first quarter 2025 net loss of about $62.4 million compared to a loss of $47.3 million a year ago during the same time. The decline, according to a letter to shareholders, was due primarily to losses …
Posted: May 06, 2025
Mutual of Enumclaw, hired insurance industry veteran Bob Otis as its new president and CEO. Otis has more than 30 years of executive-level experience in property/casualty insurance with several firms, including Allstate, USAA and National Lloyds. Mos...
Posted: May 06, 2025
Air traffic controllers overseeing planes at Newark International Airport in New Jersey lost contact with aircraft for 30 seconds last week, U.S. Transportation Secretary Sean Duffy said on Monday. “The primary communication line went down, the...
Posted: May 06, 2025
DoorDash Inc. is committing $5 million to back political candidates in New York City and state-level races in New Jersey this year, becoming the latest technology company to disclose its lobbying efforts ahead of local elections in the tristate area....
Posted: May 06, 2025