Insurance Journal
This edition of International People Moves details appointments at Aspen UK and Howden Tiger. A summary of these new hires follow here. Stanford Named CEO of Aspen UK, Osman Become Active U/W, Lloyd’s Syndicate 4711 Aspen Insurance Holdings Ltd...
Posted: Mar 08, 2024
MADISON, Wis. (AP) — Environmental regulators can’t unilaterally force polluters to clean up contamination from so-called forever chemicals without going through the Legislature to establish specific limits on the compounds, a state appellate c...
Posted: Mar 08, 2024
Before it burned to a pile of ashes, Melanie McQuiddy’s house on the outskirts of Canadian was her family’s home base. Her daughter and grandchildren flocked there for holidays. At Christmastime, she put a tree in every room and transform...
Posted: Mar 08, 2024
Massive wildfires sparked by power lines used to be a California problem, one many utility executives considered safely confined to the Golden State. No more. Texas officials on Thursday blamed the state’s largest-ever fire on electrical lines...
Posted: Mar 08, 2024
North Carolina Insurance Commissioner Mike Causey easily won the Republican primary for reelection to the post this week, but the Democratic nominee wasted little time in blasting Causey for postponing a rate hearing. State Sen. Natasha Marcus, D-Sal...
Posted: Mar 08, 2024
(Bloomberg) — Miami Beach has a message for spring breakers: We’re done. Fed up with rowdy college kids doing the sort of things rowdy college kids do in a haze of endorphins, alcohol and other intoxicants, the city has spent …
Posted: Mar 08, 2024
MONTGOMERY, Ala. (AP) — Facing pressure to get in vitro fertilization services restarted in the state, Alabama’s governor swiftly signed legislation into law Wednesday shielding doctors from potential legal liability raised by a court ruling th...
Posted: Mar 08, 2024
Heinz Arabia has announced the launch of the world’s first-ever ketchup insurance policy. The new insurance coverage aims to alleviate the stress and inconvenience of everyday ketchup spills, splatters and splotches. Inspired by countless socia...
Posted: Mar 08, 2024
FORT LAUDERDALE, Fla. (AP) — A Royal Caribbean cruise employee is accused of hiding cameras inside bathrooms of passenger cabins to spy on guests, including underage girls. Arvin Joseph Mirasol, 34, was arrested Sunday on federal charges of productio...
Posted: Mar 08, 2024
Attorneys for Meta Platforms and several of its current and former leaders, including founder Mark Zuckerberg, are asking a Delaware judge to dismiss a shareholder lawsuit alleging the company has deliberately failed to protect users of its social me...
Posted: Mar 08, 2024
The US government is stepping away from its effort to collect data on home insurance prices and availability at the Zip code level as premiums soar and climate risks to property intensify. Instead, it will join in a collaborative effort …
Posted: Mar 08, 2024
Although Liberty Mutual reported worse underwriting results and lower net income in 2023 compared to the prior year, executives pointed to the momentum of the final quarter as an indicator of what’s ahead. “We made solid progress toward o...
Posted: Mar 08, 2024
Two former executives with American International Group (AIG) have launched a nationwide excess and surplus lines (E&S) insurance holding company. Michael Price and Kean Driscoll announced the formation of Dellwood Insurance Group, which they sai...
Posted: Mar 08, 2024
The U.S. Justice Department is expanding its whistleblower program to coax more tipsters to disclose corporate misconduct by offering monetary rewards, Deputy Attorney General Lisa Monaco said on Thursday. The Justice Department is already authorized...
Posted: Mar 08, 2024
A major transport union urged a full halt of merchant ships sailing through the Red Sea, adding to calls for vessels to reconsider the voyages after a Houthi militant attack killed three sailors. “We call on the industry to divert …
Posted: Mar 08, 2024
Belgian insurer Ageas has brought in an additional adviser as it presses ahead with a potential takeover offer for Britain’s Direct Line, three sources familiar with the matter told Reuters. Ageas has lined up Deutsche Bank to work alongside it...
Posted: Mar 08, 2024
Europe will be 3C hotter even if the world succeeds in limiting global warming to 1.5C above pre-industrial levels, bringing with it the heightened peril of extreme weather and trillions of euros of damages to the economy. Such climactic hazards R...
Posted: Mar 08, 2024
Two Columbia, Missouri residents were sentenced in federal court on March 6 for their roles in a $1.1 million insurance fraud scheme that involved false claims of injuries suffered in faked car accidents. Michael Lee Gene Stapleton, 37, and Latoya &#...
Posted: Mar 08, 2024
Schauer Group, headquartered in Canton, Ohio, named Vice President Alex Schauer head of its employee benefits division. Schauer, who is based out of the firm’s Cleveland office, has been with Schauer Group since 2014 and has worked with Schauer...
Posted: Mar 08, 2024
Finance firms in Britain should be banned from misusing non-disclosure agreements (NDAs) to silence victims of sexual harassment and abuse, lawmakers said on Friday, calling for an end to an era of impunity for predators and bullies. In a report R...
Posted: Mar 08, 2024
U.S. household wealth rose to a record of roughly $156.2 trillion at the end of 2023 thanks to a surging stock market that offset a drop in property market values, the Federal Reserve said on Thursday. Household net worth rose …
Posted: Mar 08, 2024
A federal judge on Wednesday permanently banned a Florida gun retailer from selling or delivering certain gun parts in New York that officials say can be used to assemble untraceable ghost guns and sold without background checks. The court order R...
Posted: Mar 08, 2024
A jury in Oregon has ordered PacifiCorp to pay more than $42 million to 10 victims of devastating wildfires on Labor Day 2020 — the latest verdict in litigation that is expected to see the electric utility on the hook …
Posted: Mar 08, 2024
A Robbinsville, New Jersey frozen food manufacturer with a history of violating federal safety and health standards was cited again by the Occupational Safety and Health Administration (OSHA), after a worker suffered an amputation last August. The ag...
Posted: Mar 08, 2024
A dormitory fire Monday at Central Connecticut State University is forcing 60 students into temporary housing, the university said. The started around 6 p.m. on the first floor of F. Don James Hall, the university said. Sprinklers helped prevent flam...
Posted: Mar 08, 2024