Insurance Journal
The Missouri Department of Commerce and Insurance (DCI) issued an Earthquake Survey in December 2023 that shows a lack of understanding about risk and insurance coverage is a problem, while the cost and lack of available earthquake insurance coverage...
Posted: Feb 15, 2024
The Missouri Department of Commerce and Insurance (DCI) issued an Earthquake Survey in December 2023 that shows a lack of understanding about risk and insurance coverage is a problem, while the cost and lack of available earthquake insurance coverage...
Posted: Feb 15, 2024
The Federal Reserve entered 2024 within spitting distance of its inflation goal. But that’s not quite close enough for policymakers. The risk that inflation could remain stuck above their 2% target is guiding Fed officials’ preference to...
Posted: Feb 14, 2024
This edition of International People Moves details appointments at Ardonagh Specialty’s Inver Re and Bermuda-based SiriusPoint. A summary of these new hires follows here. Ardonagh Specialty Taps Gallagher Re’s Rance as Head of Specialty a...
Posted: Feb 14, 2024
Alliant Insurance Services, headquartered in Irvine, California, named Gary Hysell as vice president within its employee benefits group. Based in Austin, Texas, Hysell joins Alliant with over 25 years of industry experience. Before joining Alliant, H...
Posted: Feb 14, 2024
The city of Minneapolis agreed last week to pay $950,000 to settle a lawsuit alleging that journalists were subjected to police harassment and even hurt while covering protests over the police killings of George Floyd. The suit, brought by the …...
Posted: Feb 14, 2024
Sompo International announced it has been granted a license to write primary insurance in France by the French Prudential Supervision and Resolution Authority (ACPR), further extending the company’s commercial property/casualty insurance capabi...
Posted: Feb 14, 2024
EVANSVILLE, Wis. (AP) — The first tornadoes ever recorded in Wisconsin in the usually frigid month of February tore through mostly rural areas on a day that broke records for warmth, setting up the perfect scenario for the type of …
Posted: Feb 14, 2024
Several law enforcement agencies are actively investigating the motives behind a Sunday shooting at pastor Joel Osteen’s Lakewood Church in Houston, which has one of the nation’s largest congregations. The shooter, a woman who police iden...
Posted: Feb 14, 2024
Utility firm Hawaiian Electric HE.Nrestored power on Hawaii Island after it had begun rolling outages on Tuesday due to the unavailability and reduced output from several large generators. “No more rolling outages tonight, power has been restor...
Posted: Feb 14, 2024
A backcountry skier and a snowmobiler were killed in separate avalanches in the Rocky Mountains as dangerous snow conditions persist across much of the West. The skier was buried Sunday in an area locally known as “The Playground” near Cr...
Posted: Feb 14, 2024
Insurance broker Marsh announced that its D&O Echo facility is now offering clients with enhanced directors and officers insurance protection, in order to provide greater financial stability amid continued volatile market conditions and fluctuati...
Posted: Feb 14, 2024
College Board, which administers standard educational tests that are used as part of college admissions, has agreed to a $750,000 settlement with New York state for violating students’ privacy and unlawfully selling their personal data. As a re...
Posted: Feb 14, 2024
The excess and surplus lines market continued to grow in 2023, with premium reaching nearly $73 billion according to data from 15 state surplus lines office release by the Wholesale & Specialty Insurance Association (WSIA). 2023 premiums reflecte...
Posted: Feb 14, 2024
(Bloomberg) — Florida’s southwestern coast — long one of America’s fastest-growing regions — is losing some of its boomtown swagger as a home-insurance crisis and other soaring costs make homes unaffordable. Homeowners from Sarasota...
Posted: Feb 14, 2024
WASHINGTON (AP) — The U.S. government has seized a Boeing 747 cargo plane that officials say was previously sold by a sanctioned Iranian airline to a state-owned Venezuelan firm in violation of American export control laws. The Justice Department sai...
Posted: Feb 14, 2024
FRANKFORT, Ky. (AP) — Kentucky Attorney General Russell Coleman filed a lawsuit Monday against one of the nation’s largest grocery chains, claiming its pharmacies helped fuel the state’s deadly opioid addiction crisis. The lawsuit against...
Posted: Feb 14, 2024
FRANKFORT, Ky. (AP) — Kentucky Attorney General Russell Coleman filed a lawsuit Monday against one of the nation’s largest grocery chains, claiming its pharmacies helped fuel the state’s deadly opioid addiction crisis. The lawsuit against...
Posted: Feb 14, 2024
Columbia University was sued by a Jewish graduate student who claims the campus experienced an “explosion” of antisemitism since the Oct. 7 attack by Hamas on Israel. Mackenzie Forrest, 23, claims she faced discrimination because she̵...
Posted: Feb 14, 2024
Former Volkswagen chief executive Martin Winterkorn told a German court on Wednesday he did not deceive investors over the carmaker’s rigging of diesel engine emissions tests. It was the first time Winterkorn has spoken about the so-called dies...
Posted: Feb 14, 2024
Cyber attacks are a concern for many industries, and the museum sector is no exception. As more museums and cultural institutions are using technology to display digital works, manage internal documents, or store donor data, the risks are prevalent....
Posted: Feb 14, 2024
German battery maker Varta AG was hit by a cyberattack Monday night that halted production in five of its production facilities, the company said. The company’s information technology systems “and thus also production were pro-actively te...
Posted: Feb 14, 2024
Giraffe Flowers in Manchester, northern England, is preparing for the annual Valentine’s Day rush but florists fear that Brexit trade barriers will increasingly spell higher costs and delays for their business. The company operates two shops in...
Posted: Feb 14, 2024
San Diego, CA, February 14, 2024 — Academy of Insurance, an educational platform for insurance professionals, announced a new series of coverage-based, live and interactive learning events called ‘How to Write’. The ‘How to Wr...
Posted: Feb 14, 2024
The US Internal Revenue Service is seeking to recover about $1.4 billion in taxes it claims are owed by Silicon Valley Bank, the regional lender that failed last year. The federal tax agency claims the California-based lender owes both corporate R...
Posted: Feb 14, 2024