Insurance Journal

People Moves: Aon Names Chisholm as Chairman of Asia Reinsurance Solutions; Markel Appoints Luxford...

This edition of International People Moves details appointments at Aon and Markel Insurance. A summary of these new hires follows here. Aon Names Chisholm as Chairman of Asia Reinsurance Solutions Insurance broker Aon plc named Simon Chisholm as chai...

Posted: Oct 10, 2025

Ben & Jerry’s Co-Founder Expects Conflict to Continue Under New Ownership

Ice cream brand Ben & Jerry’s is set to switch corporate owners next month, but for Ben Cohen, the counterculture brand’s co-founder, it is a case of meet the new boss, same as the old boss. As of November, Ben …

Posted: Oct 10, 2025

New York City And Northeast Brace for Flooding Rains From Weekend Storm

New York City and the Northeast are in the crosshairs of a massive coastal storm that’s poised to bring high winds, surging tides and heavy rain throughout the region starting Sunday. Drenching rain and strong winds will likely arrive in &#8230...

Posted: Oct 10, 2025

Weak Governance of Artificial Intelligence Raises Risks of Cyberattacks: Moody’s

Weak artificial intelligence (AI) governance practices pose a growing risk of data breaches, warns a report published by Moody’s Ratings. Large numbers of companies and organizations “have no rules in place to govern the safe use of new a...

Posted: Oct 10, 2025

Ex-Insurance Agent Avoids Prison for Being ‘Model Cooperator’ in Menendez Case

Former New Jersey insurance agent Jose Uribe will not go to prison for his role in the bribery scheme involving former U.S. Senator Bob Menendez, the senator’s wife, and two other businessmen. U.S. District Judge Sidney Stein in New York &#8230...

Posted: Oct 10, 2025

Wyoming Library Director Fired in Book Dispute Wins $700K Settlement

A former Wyoming library director who was fired amid an uproar over books with sexual content and LGBTQ+ themes that some people complained were inappropriate for youngsters and who sought their removal from youth shelves will be paid $700,000 after...

Posted: Oct 10, 2025

Global Financial Watchdogs to Ramp Up Monitoring of Artificial Intelligence

Global financial regulators have laid out plans for closer monitoring of artificial intelligence risks as banks and other parts of the financial industry ramp up the use of AI. Banks have been broadly optimistic that AI will make them more …

Posted: Oct 10, 2025

Life-Threatening Heat Domes Are Confounding Forecasters

Record-breaking temperatures seared the eastern US last month, leading to power emergencies across the region. The cause: an enormous ridge of high pressure that settled on the region, known as a heat dome. This phenomenon has also already struck Eur...

Posted: Oct 10, 2025

Explosion at Orange Site in Paris Injures Workers, Affects 80,000 Users

An explosion occurred at one of Orange’s technical sites in Paris on Thursday, injuring three workers, two critically, and disrupting communication services for 80,000 users, the district mayor said. The incident took place around 10 a.m. (0800...

Posted: Oct 10, 2025

People Moves: Boxx Hires Leads for Distribution, Claims and Tech; XPT Specialty Hires Staver, Luceno...

Boxx Hires Leads for Distribution, Claims and Tech Boxx Insurance, headquartered in Miami, Florida, appointed Joe Gates, Ray Moylan and Thomas Beale to new positions. Boxx appointed Gates head of distribution, central, where he manages access to Boxx...

Posted: Oct 10, 2025

Survey Shows Homeowners Warming to DIY Digital Claims, Insurance Processes

Nearly 80% of U.S. homeowners would use their smartphones to document property damage for an insurance claim, according to a new survey that suggests self-service digital tools could play a larger role in future claims handling. The online survey of...

Posted: Oct 10, 2025

High Demand for Gen AI Insurance; Buyers Say They’ll Pay More: Report

A new survey of corporate insurance buyers reveals widespread interest in buying insurance to cover Gen AI risks—and a willingness to pay up 10-20 percent more in organization-wide insurance premiums for the coverage. But the most willing buyers are...

Posted: Oct 10, 2025

Microsoft Forecasts Show Data Center Crunch Persisting Into 2026

Microsoft Corp.’s data-center crunch will continue for longer than the company has previously outlined, underscoring the software giant’s struggles to keep up with cloud demand. Many of Microsoft’s US data center regions are experie...

Posted: Oct 10, 2025

Florida County Hit by 2024 Hurricanes Takes on Beach Restoration Without Fed Help

The white sandy beaches along a swath of Florida’s Gulf Coast were battered by three hurricanes last year, leading to a multimillion-dollar effort to repair a coastline that is the region’s economic engine. Crews are working with dredges,...

Posted: Oct 10, 2025

Dogs Kill Toddler at Unlicensed Georgia Daycare Center

A 2-year-old boy in south Georgia was attacked by two Rottweiler dogs and died at an unlicensed daycare center while the owner napped, according to police. Stacy Wheeler Cobb, the 48-year-old owner who held the daycare at her home in …

Posted: Oct 10, 2025

People Moves: MJ Companies Hires Eckard as Vice President, Employee Benefits Operations

The MJ Companies named Melinda Eckard vice president of employee benefits operations and client experience. Eckard will lead the strategic direction of employee benefit operations, enhance client experience and increase growth. Eckard will reside in...

Posted: Oct 10, 2025

Texas AG Threatens Action Against Chinese Company for Potential Data Privacy Violations

Texas Attorney General Ken Paxton announced he has opened an investigation against TP-Link Systems Inc. (“TP Link”), a manufacturer of networking equipment, for potentially aiding the Chinese government in accessing consumers’ data....

Posted: Oct 09, 2025

MEMIC Group to Pay $19 Million Dividend to Its Maine Policyholders

Workers’ compensation specialist The MEMIC Group announced a $19 million dividend for more than 17,000 Maine policyholders. This annual dividend is based on the insurer’s financial performance, claims experience, and its insureds’ s...

Posted: Oct 09, 2025

Argentina Soccer Match Pulled From Chicago Amid Troop Tension

A soccer match between Argentina and Puerto Rico is being relocated to Florida from Chicago, according to people familiar with the decision, a day after the Texas National Guard arrived in the third-largest US city. The friendly match, originally sch...

Posted: Oct 09, 2025

Rural Texas Residents Struggle with Noise Pollution from Nearby Crypto Facility

Danny Lakey and his wife have spent countless evenings sitting on rocking chairs on their front porch, watching the sun slowly dip behind the cows grazing on their neighbor’s ranch. It was the calm country life they dreamed of in …

Posted: Oct 09, 2025

People Moves: Cicchelli Joins World Insurance; James River Adds Arch, Markel Recruits

World Insurance Associates Names Cicchelli Head of Employee Benefits Practice World Insurance Associates LLC named John Cicchelli head of its employee benefits practice. Cicchelli, who will work out of the Iselin, New Jersey headquarters, will spearh...

Posted: Oct 09, 2025

APCIA Chair Robusto: Industry Must Fight False Narratives, Improve Public Trust

The property/casualty insurance industry faces an urgent challenge to rebuild public trust amid growing public skepticism fueled by false narratives, according to remarks by Dino Robusto, chair of the American Property Casualty Insurance Association...

Posted: Oct 09, 2025

Virginia Appeals Court Nixes $2.5 Million Jury Award Against Anesthesiologist

A Virginia appellate court has ordered a new trial in a malpractice case in which a jury awarded a $2.5 million in damages against a doctor for alleged failure to properly administer anesthesia to a woman undergoing an emergency caesarian …

Posted: Oct 09, 2025

Fortegra Begins Operating From Box 388 at Lloyd’s of London

Fortegra Group Inc., a global specialty insurer and subsidiary of Tiptree Inc., announced it has secured a box in the underwriting room at Lloyd’s. Effective immediately, Fortegra will operate from Box 388 on the third gallery in the Lloyd&#821...

Posted: Oct 09, 2025

Kentucky AG Suit Says Roblox Fails to Protect Children on Gaming Platform

Kentucky’s attorney general claimed Tuesday that the online gaming platform Roblox has become a “playground for predators” as he announced a lawsuit accusing the company of lax child safety measures. The Kentucky suit, filed by his...

Posted: Oct 09, 2025