Insurance Journal
Latin America’s wealthiest investors are taking their fortunes to Miami at one of the fastest clips in history, with some fleeing regional turmoil and others lured by yields higher than they can find at home. For JPMorgan Chase & Co. …...
Posted: Dec 21, 2023
Just days before the Christmas holiday, people across the northeastern U.S. were mopping up Tuesday after a major storm dumped torrential rains and brought damaging winds from Pennsylvania to Maine, as some rivers in the region rose even higher. At &...
Posted: Dec 21, 2023
A new report from the Workers’ Compensation Insurance Rating Bureau of California shows written premium in 2022 was 14% above the previous year. The WCIRB’s Quarterly Experience Report is an update on California statewide insurer experien...
Posted: Dec 21, 2023
When a toilet is flushed in California, the water can end up in a lot of places – the ice in a skating rink, the manufactured snow on ski slopes, in pipes providing irrigation for farmland. And – coming soon …
Posted: Dec 21, 2023
A Long Island awnings company and its owner will pay $252,370 in back wages and damages to nearly three dozen workers who were denied overtime wages over a three-year period, after a U.S. Department of Labor investigation. A wage and …
Posted: Dec 21, 2023
A awnings company based in Long Island and its owner will pay $252,370 in back wages and damages to nearly three dozen workers who were denied overtime wages over a three-year period, after a U.S. Department of Labor investigation. A …
Posted: Dec 21, 2023
A helicopter crashed on Tuesday night in the Pinelands wilderness area of New Jersey, killing the pilot and a photographer who worked for ABC-TV news team in Philadelphia, WPVI. The ABC news station said the chopper went down in Wharton …
Posted: Dec 20, 2023
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) has revised forms DWC Form-042, Claim for Workers’ Compensation Death Benefits, and PLN-12, Notice of Potential Entitlement to Workers’ Compensation Death Be...
Posted: Dec 20, 2023
An Illinois appellate court decided Tuesday that a general liability insurance policy sold to a Waukegan packaging company clearly excluded coverage for violations of the state Biometric Information Privacy Act, saying a federal appellate court decis...
Posted: Dec 20, 2023
Howden, the London-based global insurance group, announced the acquisition of VLC & Partners Holding B.V., one of the largest independent insurance brokers in the Netherlands. Financial details of the transaction were not disclosed. The business...
Posted: Dec 20, 2023
MADISON, Wis. (AP) – The Wisconsin Department of Natural Resources is creating a new grant program to help small public water systems reduce PFAS and manganese contamination levels. The DNR announced Monday that it will begin accepting applications f...
Posted: Dec 20, 2023
Grissel Velasco didn’t want more kids. In 2014, Velasco — 31 years old at the time — was expecting her third child, and was receiving care at Sun City Women’s Health Care in El Paso, owned by OB-GYN and then-El …
Posted: Dec 20, 2023
Google has agreed to pay $700 million and make several other concessions to settle allegations that it had been stifling competition against its Android app store – the same issue that went to trial in another case that could result …
Posted: Dec 20, 2023
This post is part of a series sponsored by InsurBanc. Independent agency principals seek loans for a variety of reasons, such as: Perpetuation or acquisition. Partner buyout. Producer development. Technology or equipment. Agency expansion. Working ca...
Posted: Dec 20, 2023
Allianz has sponsored a new catastrophe bond which will provide the group with multi-year risk transfer capacity of €250 million to protect itself against European windstorms. Allianz entered into a three-year reinsurance agreement with Blue Sky Re D...
Posted: Dec 20, 2023
A new AM Best segment report details asbestos and environmental (A&E) losses and reserve decline through the end of 2022. AM Best maintains its estimate for net asbestos losses at $100 billion and environmental losses at $46 billion as of …
Posted: Dec 20, 2023
Major automakers including General Motors, Toyota Motor and Volkswagen and two air bag makers said on Tuesday they oppose the U.S. auto safety regulator’s bid to require the recall of 52 million air bag inflators. Officials with the U.S. Nation...
Posted: Dec 20, 2023
WEST PARK, Fla. (AP) — Four people were injured in an explosion early Tuesday that severely damaged a Florida house, authorities said. Investigators were focused on gas as the possible cause. The Broward Sheriff`s Office said in an email the &#...
Posted: Dec 20, 2023
WEST PARK, Fla. (AP) — Four people were injured in an explosion early Tuesday that severely damaged a Florida house, authorities said. Investigators were focused on gas as the possible cause. The Broward Sheriff`s Office said in an email the &#...
Posted: Dec 20, 2023
The UK and Switzerland will sign an agreement around financial services on Thursday, a post-Brexit accord to deepen ties between their respective financial centers. Chancellor of the Exchequer Jeremy Hunt will visit Bern to sign it, according to peop...
Posted: Dec 20, 2023
Hawaii Gov. Josh Green said he was requesting $425 million from lawmakers during the next fiscal year to help Maui recover from August’s wildfires, and millions more to reduce the risk of wildfires statewide. The proposed budget is Green`s firs...
Posted: Dec 20, 2023
(Bloomberg) — Bird Global Inc., the company that put electric scooters onto the sidewalks of major cities, has filed for Chapter 11 bankruptcy protection in Southern Florida. The Miami-based company listed assets and liabilities of between $100...
Posted: Dec 20, 2023
Firefighters in the Denver metro area responded to the second large fire at an Aurora construction site in three days. Officials have not yet determined the cause for either fire and have not suggested that they were related, but both …
Posted: Dec 20, 2023
A judge has barred expert witnesses from testifying that Johnson & Johnson spin-off Kenvue’s painkiller Tylenol can cause autism if mothers take it during pregnancy, finding that they failed to support their conclusions with scientific evid...
Posted: Dec 20, 2023
This post is part of a series sponsored by AgentSync. Exploring the lack of progress surrounding the National Association of Registered Agents And Brokers Reform Act of 2015 On Jan. 12, 2015, the National Association of Registered Agents and Brokers...
Posted: Dec 20, 2023