Insurance Journal
A woman who was shocked in the back with a Taser while lying on the ground in Pueblo, Colorado, last year is suing the police officer who stunned her and the city`s police chief, accusing the police department of failing …
Posted: Nov 30, 2023
Roommates who are suing a Maryland county claim police officers illegally entered their apartment without a warrant, detained them at gunpoint without justification and unnecessarily shot their pet dog, which was left paralyzed and ultimately euthani...
Posted: Nov 30, 2023
Erich Schutz has been a cannabis insurance specialist since around the time it first became legal, dropping into a competitive business with acumen, knowledge and passion. He even adopted a “cannabis ninja” nickname. Schutz, vice presiden...
Posted: Nov 30, 2023
Bailey Place Insurance has agreed to acquire Tanner Ibbotson in a merger of two historic Cortland, New York-based independent insurance agencies. Effective April 1, 2024, Tanner Ibbotson’s office on West Road will close. No layoffs are planned...
Posted: Nov 30, 2023
INSTANDA, headquartered in London, England, hired Geoff Keast as its new vice president of sales. Before joining INSTANDA, Keast held senior roles with Fiserv and ABnote North America. He spent nearly eight years with Montoux, a cloud-based automatio...
Posted: Nov 30, 2023
After an Overhead Solutions LLC manager attended an on-site training discussion on fall hazards on May 25, 2023, federal workplace safety inspectors observed the company’s employees working about 30 feet above ground on a Menasha apartment comp...
Posted: Nov 29, 2023
This edition of International People Moves details appointments at Markel and Costero Brokers. A summary of these new hires follows here. Markel Appoints Howden’s Woodhouse for War and Terrorism Team Markel, the insurance operation of Markel Gr...
Posted: Nov 29, 2023
Former Oklahoma Insurance Commissioner Gerald Grimes passed away this month at the age of 82. Grimes was appointed as Oklahoma’s Eighth Insurance Commissioner in 1975. He served in the role for 16 years. Grimes was born in the Capitol Hill R...
Posted: Nov 29, 2023
ROUND MOUNTAIN, Texas (AP) – The CEO of a construction company and his two young children were among four people killed the day before Thanksgiving in a three- vehicle crash that was still being investigated Monday. Zach Muckleroy, 44, head …
Posted: Nov 29, 2023
LANSING, Mich. (AP) – Michigan is on the verge of implementing one of the nation’s most ambitious clean energy mandates, aiming to be carbon-free by 2040 in what is a pivotal test of the Democrats’ environmental goals in a state …
Posted: Nov 29, 2023
CFC, the London-based managing general agent, announced that its founder and group CEO, David Walsh, and Graeme Newman, CEO of CFC Underwriting, will be exiting the company following the completion of an investigation by Lloyd’s into allegation...
Posted: Nov 29, 2023
A Florida injury attorney who led a class-action lawsuit on behalf of former NFL players, then defrauded his clients out of millions of dollars, is in federal prison after he was sentenced to 14 years. Phillip Timothy Howard, 62, who …
Posted: Nov 29, 2023
A Washington State man, on the lam for four years and wanted in connection with $6 million in auto insurance fraud schemes and staged accidents across the country, has been arrested in Florida. The U.S. Marshals Service reported that William …
Posted: Nov 29, 2023
A thick layer of fog is believed to have caused a roughly 30-vehicle collision on an Idaho interstate, state police said. The collision occurred Monday morning on eastbound Interstate 86, near milepost 56, west of Pocatello, near the Pocatello Region...
Posted: Nov 29, 2023
When Alison Cozzi was eating the salad, she sensed something wasn’t right. It did not take long for her to realize that she was chewing on a portion of a human finger that had been mixed into the salad. It …
Posted: Nov 29, 2023
Okta Inc. has discovered that hackers who breached its network two months ago stole information on all users of its customer support system — a scope far greater than the 1% of customers the company had previously said were affected. …
Posted: Nov 29, 2023
LOUISVILLE, Ky. (AP) — A failed wheel bearing on a train car caused a derailment that sparked a chemical fire and forced residents of a small town in Kentucky out of their homes for just over a day, including most …
Posted: Nov 29, 2023
For years, South Carolina attorney Alex Murdaugh looked his anguished clients in the eyes and promised to help them with their medical bills, their suffering or simply to survive. Then he stole most, if not all, of what he won …
Posted: Nov 29, 2023
Markel, the insurance operations of Markel Group Inc., announced that its wholly owned subsidiary State National Companies is entering the UK market, effective Jan. 1, 2024. State National, the largest program services carrier in the U.S., is partner...
Posted: Nov 29, 2023
Falvey Names Nasso as Chief Underwriting Officer Falvey Insurance Group, headquartered in North Kingstown, Rhode Island, hired Tom Nasso as chief underwriting officer. Before joining Falvey, Nasso most recently served as executive vice president, hea...
Posted: Nov 29, 2023
Management consultants and City of London finance workers are among those most exposed to workplace changes ushered in by artificial intelligence, a new UK government report found, urging changes in schools and training programs to ease the impact. J...
Posted: Nov 29, 2023
For the first time, a cyber-catastrophe bond has made its way into public debt markets. Long Walk Reinsurance Ltd. issued a $75 million so-called cat bond, sponsored by AXIS Capital, to insure against “a cyber-catastrophe event” across it...
Posted: Nov 29, 2023
For the first time in more than a year, overall U.S. auto insurance shopping growth registered as ‘cool’ on the LexisNexis Risk Solutions Insurance Demand Meter in the third quarter of 2023, continuing a downshifting trend that began in J...
Posted: Nov 29, 2023
Though the risk of flooding is undeniable, a survey by Chubb of brokers with middle-market commercial clients revealed just 16% of them say more than half their clients buy flood insurance. Furthermore, 65% of the more than 330 brokers surveyed ̷...
Posted: Nov 29, 2023
When Florida lawmakers approved Senate Bill 76 in 2021, requiring a 10-day notice before suits are filed against insurers, it was seen as a big step in stemming what had become a flood of claims litigation. Since then, questions have …
Posted: Nov 29, 2023