Insurance Journal
Assicurazioni Generali SpA is analyzing a range of potential takeover candidates as part of the insurer’s growth plans, with some of them worth more than €10 billion ($10.9 billion), according to people familiar with the matter. The Italian ins...
Posted: Mar 07, 2024
An Ohio cannabis manufacturer and its insurer are suing a lighting products provider for negligence after a lamp it sold exploded at a greenhouse, causing six figures worth of damages. Cure Ohio and Dorchester Insurance filed a complaint last week &#...
Posted: Mar 07, 2024
The hackers responsible for the breach at UnitedHealth Group appear to have pulled a disappearing act on Tuesday, leaving their cybercriminal associates in the lurch and replacing their old website with a bogus statement from law enforcement. The U.S...
Posted: Mar 07, 2024
Hand sanitizers were tainted by benzene. Sunscreens and dry shampoos too. Now acne treatments are joining the list of widely used consumer products found to contain high levels of the chemical linked to cancer. Acne products from brands including Pro...
Posted: Mar 07, 2024
Leaders from 25 major insurance organizations recently gathered for presentations on charitable giving and volunteerism in the insurance industry and initiatives focused on philanthropy, inclusion and sustainability. During the Insurance Industry Cha...
Posted: Mar 07, 2024
In the next year or so, the Florida Supreme Court will decide on the exact meaning of a legal doctrine that, under one interpretation, has blocked the recover of millions of dollars per year in subrogation recovery for liability insurance …
Posted: Mar 07, 2024
In the next year or so, the Florida Supreme Court will decide on the exact meaning of a legal doctrine that, under one interpretation, has blocked the recover of millions of dollars per year in subrogation recovery for liability insurance …
Posted: Mar 07, 2024
Liberty University has agreed to pay an unprecedented $14 million fine for the Christian school’s failure to disclose information about crimes on its campus and for its treatment of sexual assault survivors, the U.S. Department of Education ann...
Posted: Mar 07, 2024
Formerly licensed insurance agent Marcia Wable, 66, of Clovis, California, was arraigned on eight felony counts of embezzlement, forgery, and false impersonation after a California Department of Insurance investigation reportedly found she allegedly...
Posted: Mar 07, 2024
An employee who was terminated because she would not comply with a COVID-19 vaccine requirement for religious reasons is entitled to unemployment insurance, the Massachusetts Supreme Court has ruled. The state’s high court denied a bid by Fallo...
Posted: Mar 07, 2024
This post is part of a series sponsored by IAT Insurance Group. The construction industry faces a new set of challenges each year, and 2024 is no exception. Although 2023 saw a 19.7% surge[1] in spending for nonresidential buildings, many …
Posted: Mar 07, 2024
Washington Insurance Commissioner Mike Kreidler on Wednesday sent a letter to insurers urging them to consider loosening personal property claim filing requirements for victims of last summer’s Spokane County wildfires. Insurance companies typi...
Posted: Mar 06, 2024
CHICAGO (AP) — Doctors and nurses at a premier Chicago children’s hospital can again access patients’ electronic medical records, more than a month after a cyberattack forced Lurie Children’s Hospital to take its networks offline. T...
Posted: Mar 06, 2024
The Barbados-flagged True Confidence bulk carrier was hit by a missile on Wednesday 50 nautical miles southwest of Yemen’s Aden, with a fire continuing onboard, the vessel’s owner and operator said. “The vessel is drifting,” L...
Posted: Mar 06, 2024
This edition of International People Moves details appointments at Sompo Japan and Willis Towers Watson (WTW). A summary of these new hires follows here. Sompo Japan Names Takahashi as Chief Risk Officer, Head of Reinsurance Sompo Holdings Inc. annou...
Posted: Mar 06, 2024
CANADIAN — Farmers and ranchers in the Panhandle lost livestock, buildings and infrastructure in the wildfires still raging through the region. Now they’re looking to rebuild. More than 100 people packed a room at the Hemphill County Exhibition...
Posted: Mar 06, 2024
Howden, the London-based insurance intermediary group, announced it has acquired Hencilla Canworth GI Ltd., a leading British independent specialist performing arts insurance broker. Founded in 1981, based in Croydon, UK, and trading since 2021 as He...
Posted: Mar 06, 2024
Surplus lines in Florida saw a huge increase in premium, policy count and new business for February compared to the same month last year, a spike in growth that the Florida Surplus Lines Service Office called “monumental” and “eye-p...
Posted: Mar 06, 2024
German industry called for better protection of critical infrastructure on Wednesday after a suspected arson attack by leftist activists on Tesla’s gigafactory outside Berlin halted production until further notice. Security officials cleared th...
Posted: Mar 06, 2024
We recently brought together thought leaders from across Moody’s to talk with the media at our 2023 Hurricane Season Recap and 2024 Outlook briefing, to provide a range of perspectives from meteorology to market impact. We looked back at the &#...
Posted: Mar 06, 2024
The Securities and Exchange Commission will force companies to disclose their greenhouse gas emissions for the first time, but watered down a key requirement after heavy lobbying from industry groups. After receiving thousands of comment letters and...
Posted: Mar 06, 2024
Brown & Brown announced that it has acquired the assets of Hillco Insurance. Hillco was established by Hunter Hill in the Dallas metropolitan area to serve the personal and commercial insurance needs of the expansive Dallas business community. Th...
Posted: Mar 06, 2024
A majority of Americans are unaware of third-party litigation funding but most believe state and federal laws should be changed to address abuses in the legal system. According to the results of a recent survey of 2,000 people conducted by …
Posted: Mar 06, 2024
LAUNCH Names Seger CTO LAUNCH, headquartered in Omaha, named JT Seger as chief technology officer. Seger’s experience includes being a co-founder at Sequel and a principal software engineer at Maptician and iN2L+LifeLoop. Kraus-Anderson Insuran...
Posted: Mar 06, 2024
Lerant Joins South & Western as Business Development Specialist Lou Lerant recently joined South & Western Insurance as a business development specialist. South & Western Insurance, based in Addison, Texas, is a member of the Bridge Speci...
Posted: Mar 06, 2024