Insurance Journal
Aon Names Ahmed and Von Obstfelder as Advanced Risk Analytics Product Leaders Aon plc, headquartered in London, named to new leaders in global and U.S. commercial risk. Aon named Arshi Ahmed global head of analytics for financial, professional and cy...
Posted: Mar 08, 2024
Aon Names Ahmed and Von Obstfelder as Advanced Risk Analytics Product Leaders Aon plc, headquartered in London, named to new leaders in global and U.S. commercial risk. Aon named Arshi Ahmed global head of analytics for financial, professional and cy...
Posted: Mar 08, 2024
The Dartmouth men’s basketball team voted to unionize Tuesday in an unprecedented step toward forming the first labor union for college athletes and another blow to the NCAA’s deteriorating amateur business model. In an election supervise...
Posted: Mar 08, 2024
Washington state Insurance Commissioner Mike Kreidler fined insurers and producers $66,328 in January and February. Kreidler’s fines in January included New York Life Insurance Co. to the tune of $46,328 for failing to ensure its producers were...
Posted: Mar 08, 2024
A new report shows global legal cannabis spending grew to $36 billion in 2023, and more importantly, that languishing sales in longer-legal states may soon start to swing back up – two big, encouraging signs for insuring cannabis specialists. BDSA, &...
Posted: Mar 07, 2024
Xcel Energy on Thursday acknowledged its involvement in the Smokehouse Creek Fire, which started last week and quickly became the largest wildfire in state history, burning more than 1 million acres. “Based on currently available information, X...
Posted: Mar 07, 2024
CLINTON TOWNSHIP, Mich. (AP) — A large fire followed by multiple explosions at a building in suburban Detroit killed one person and injured a firefighter. A look at what we know about the site, including investigators’ questions surrounding the...
Posted: Mar 07, 2024
Lonmar Global Risks, part of Bridge Specialty International, Brown & Brown Inc.’s International Wholesale and Specialty division, has acquired the renewal rights for a bloodstock portfolio from Norwich, England-based St. Benedicts Ltd. Fina...
Posted: Mar 07, 2024
North Risk Partners, one of the largest independent insurance brokers and risk advisory firms in the Midwest, has acquired McKinneyOlson Insurance in Sioux Falls, South Dakota, effective February 1. With this new partnership, 26 McKinneyOlson team me...
Posted: Mar 07, 2024
A Wisconsin hardwood flooring manufacturer continues to ignore federal safety and health regulations and expose workers to multiple hazards at its Laona mill, federal inspectors found. Inspectors with the U.S. Department of Labor’s Occupational...
Posted: Mar 07, 2024
A Texas fire chief whose small town was among the hardest hit last week by historic blazes sweeping across the Panhandle died Tuesday while fighting a house fire, authorities said. The house fire that Fritch Fire Chief Zeb Smith, 40, …
Posted: Mar 07, 2024
Three more women have asked to join a sexual misconduct lawsuit against hedge fund manager Crispin Odey and his eponymous former firm. The alleged victims of sexual harassment by Odey applied at a London court to join two others who …
Posted: Mar 07, 2024
Mosaic Insurance’s cyber division has launched primary technology errors and omissions (E&O) coverage to protect tech companies from increasing liability risks. The launch builds on Mosaic’s primary cyber offering initiated last sprin...
Posted: Mar 07, 2024
U.S. commercial insurance prices increased 6.6% in the fourth quarter 2023, with “intriguing shifts” in some coverage areas, according to a survey from broker WTW. According to the latest results from WTW’s Commercial Lines Insuranc...
Posted: Mar 07, 2024
U.S. commercial insurance prices increased 6.7% in the fourth quarter 2023, with “intriguing shifts” in some coverage areas, according to a survey from broker WTW. According to the latest results from WTW’s Commercial Lines Insuranc...
Posted: Mar 07, 2024
India’s navy evacuated all 20 crew from a stricken vessel in the Red Sea on Thursday, after a Houthi attack killed three seafarers in the first civilian fatalities from the Yemeni group’s campaign against the key shipping route. The Iran-...
Posted: Mar 07, 2024
A Florida pilot program to fortify coastal-area condominiums is on its way to the governor but other property insurance bills may have hit a snag after last-minute changes – with just two days left in the legislative session. The state …
Posted: Mar 07, 2024
A man who was stunned with a Taser while handcuffed, including on his lip, has settled a federal lawsuit with a Colorado sheriff’s department for $1.5 million, his lawyers said. Kenneth Espinoza was arrested after he stopped to wait for …
Posted: Mar 07, 2024
Ten Republican-led states have sued to challenge new federal rules that require U.S.-listed companies to report climate-related risks, a spokesperson for the West Virginia Attorney General’s Office said on Wednesday, hours after the U.S. Securi...
Posted: Mar 07, 2024
NASHVILLE, Tenn. (AP) — The pilot of a single-engine plane that crashed near downtown Nashville told air traffic controllers he could see the runway they were clearing for an emergency landing. But he said he couldn’t reach it. “I’m...
Posted: Mar 07, 2024
A U.S. appeals court on Wednesday upheld the dismissal of a lawsuit by a conservative group opposed to diversity initiatives in medicine that challenged a Pfizer fellowship program designed to boost the pipeline of Black, Latino and Native American p...
Posted: Mar 07, 2024
Industry rating agency AM Best said the U.S. property/casualty industry’s underwriting loss for 2023 reached a 10-year high of $38 billion, attributable to severe weather-related losses, stubborn inflation, and upward reinsurance pricing. Analy...
Posted: Mar 07, 2024
Austin, TX., March 4, 2024 — The National Alliance for Insurance Education & Research, a leading provider in insurance and risk management education, has collaborated with CIPC and MarketScout, a division of Novatae, to launch the Daniela Finch C...
Posted: Mar 07, 2024
Hub International Ltd., the Chicago-based insurance brokerage and financial services firm, announced it has acquired Zavitz Insurance and Wealth Inc. Terms of the transaction were not disclosed. Located in London, Ontario, Canada, Zavitz Insurance an...
Posted: Mar 07, 2024
The anchor of a cargo ship that was attacked by Houthi militants was the most likely cause of damage to three telecommunications cables in the Red Sea in late February, according to a subsea cable trade group that includes companies …
Posted: Mar 07, 2024