Insurance Journal
A conservative U.S. legal group has accused the National Football League (NFL) and its teams of engaging in discrimination through its influential “Rooney Rule,” which requires teams to interview at least one minority candidate for coachi...
Posted: Feb 07, 2024
A handful of super powerful tropical storms in the last decade and the prospect of more to come has a couple of experts proposing a new category of whopper hurricanes: Category 6. Studies have shown that the strongest tropical storms …
Posted: Feb 07, 2024
Upland Capital Group said it has introduced two new liability products to its portfolio: Professional Liability Errors and Omissions as well as Excess Cyber Liability. The professional liability team is led by Kate Walas, an industry veteran with ove...
Posted: Feb 07, 2024
A dramatic accident on an Alaska Airlines flight last month was apparently triggered by a door plug that hadn’t been properly attached before the plane was delivered by Boeing Co., US investigators said Tuesday. Four bolts that acted as a ̷...
Posted: Feb 07, 2024
An AI-generated cloned audio message of President Joe Biden that attempted to dissuade registered Democrats from voting in the New Hampshire primary election was traced to a Texas company and its owner. Attorney General John Formella said on Tuesday...
Posted: Feb 07, 2024
First came the My Safe Florida Home program, providing matching grants to homeowners who fortify their homes against wind damage in exchange for premium discounts. Seeing the popularity and effectiveness of that program, Florida lawmakers last month...
Posted: Feb 07, 2024
Florida regulators have approved another reciprocal property insurance company and it has received ratings from two financial rating firms. Manatee Insurance Exchange, a spinoff from Tampa-based Safepoint Insurance Co., was granted a certificate of a...
Posted: Feb 07, 2024
A provisional agreement in the European Union setting guardrails around the ESG [environmental, social, and governance] ratings industry is being hailed as the world’s toughest. The plan goes “much further than any of the other regimes we...
Posted: Feb 07, 2024
A New York judge overseeing Donald Trump’s civil fraud trial has asked lawyers in the case for information about possible perjury by the former U.S. president’s onetime finance chief, who is reportedly facing criminal charges for lying on...
Posted: Feb 07, 2024
A franchisee of fast food giant McDonald’s has agreed to pay a teenage girl $4.4 million to settle her lawsuit over having been sexually assaulted by a Pittsburgh-area restaurant manager who was a registered sex offender, the victim’s law...
Posted: Feb 07, 2024
A franchisee of fast food giant McDonald’s has agreed to pay a teenage girl $4.4 million to settle her lawsuit over having been sexually assaulted by a Pittsburgh-area restaurant manager who was a registered sex offender, the victim’s law...
Posted: Feb 07, 2024
Pennsylvania’s court system is in a “virtual battle with an unknown opponent” that attacked and shut down key portions of the courts’ online services last Sunday and then again on Tuesday after they had been restored. After th...
Posted: Feb 07, 2024
This post is part of a series sponsored by AgentSync. Insurance commission clawbacks: The phrase alone invokes some unsettling imagery, even if you aren’t well-versed in the concept. Do you envision a bony, skeletal hand emerging from its earth...
Posted: Feb 07, 2024
European Union policymakers agreed new rules on Tuesday to promote local production of equipment for solar and wind power, fuel cells and other clean technologies and help Europe’s industry compete with Chinese and U.S. rivals. The bloc aims to...
Posted: Feb 07, 2024
CoreLogic estimated that across the greater Los Angeles area, nearly 543,000 single- and multifamily homes with a combined reconstruction cost value (RCV) of more than $258 billion are at risk of flash flood damage. Reconstruction cost value is the c...
Posted: Feb 06, 2024
A new report warns insurance companies could face billions of dollars in losses if they stay on the current course of investments that contribute to climate change, at “a scale exceeding some of the worst wildfires in California’s history...
Posted: Feb 06, 2024
A new report warns insurance companies could face billions of dollars in losses if they stay on the current course of investments that contribute to climate change, at “a scale exceeding some of the worst wildfires in California’s history...
Posted: Feb 06, 2024
Hotchkiss Insurance Promotes Gary D. Lindsey to Vice President of Sales Hotchkiss Insurance, an independent insurance agency in Texas, announced the promotion of Gary D. Lindsey to the position of vice president of sales. Lindsey, CIC, CRM, has been...
Posted: Feb 06, 2024
OMAHA, Neb. (AP) — The changes railroads announced after last year’s fiery crash in East Palestine, Ohio, haven’t yet made a major difference, statistics show, and reforms have stalled in Congress. A few key measures in the latest Federal...
Posted: Feb 06, 2024
Burns & Wilcox Names Wood Head of Professional Liability Practice Burns & Wilcox, headquartered in Farmington Hills, Mich., hired Andy Wood as vice president and practice group leader, professional liability. Most recently, Wood, based in Chi...
Posted: Feb 06, 2024
The Texas Windstorm Insurance Association’s (TWIA) Actuarial & Underwriting Committee will meet on Tuesday, Feb. 13 to discuss and potentially make a recommendation to the Board of Directors for determining TWIA’s statutorily required...
Posted: Feb 06, 2024
Bridge Specialty Insurance Brokerage (BSIB), who provides access to an extensive range of wholesale and specialty insurance solutions, announced the opening of its Dallas, Texas office. The new office will provide additional capabilities for the reta...
Posted: Feb 06, 2024
Falvey Insurance Group Names Olsen as Vice President, Marine Cargo Falvey Insurance Group, headquartered in North Kingstown, Rhode Island, named Jason Olsen as vice president, marine cargo. Olsen is based in Seattle, Washington, focusing on a Califor...
Posted: Feb 06, 2024
Germany has been hit by a series of strikes since the start of 2024 as unions press for higher wages and improved working conditions to make up for high inflation and staff shortages in Europe’s largest economy. The industrial action …
Posted: Feb 06, 2024
Honda Motor Co said on Tuesday it was recalling 750,000 vehicles in the United States over a defect involving air bags which could deploy unintentionally during a crash. The front passenger seat weight sensor may crack and short circuit, failing R...
Posted: Feb 06, 2024