Insurance Journal
Allianz Global Investors and Dutch development bank FMO have agreed one of the largest “blended finance” funds on record, raising $1.1 billion to invest in loans that help emerging and frontier countries meet sustainable development targe...
Posted: Nov 28, 2023
A spate of attacks on merchant shipping near Yemen and Somalia, likely triggered by the war in Gaza, have prompted the US to warn vessel operators to be extra careful when navigating the region. On Nov. 19, Houthis seized of …
Posted: Nov 28, 2023
Apollo, the London-based independent specialist insurer and reinsurer, announced it will launch a new specialty treaty class of business within the Reinsurance Division of Syndicate 1969, on Jan. 1, 2024. The new portfolio will focus on the niche cla...
Posted: Nov 28, 2023
Indonesian court documents have revealed for the first time the chain of events that led to toxic ingredients being used in cough syrup that was among the products blamed for the deaths of more than 200 children in the country …
Posted: Nov 28, 2023
Tesla China is offering insurance subsidies for some types of Model 3 and Model y for purchases before the end of 2023, according to a statement on its official social media account on Tuesday. (Reporting by Albee Zhang and Brenda …
Posted: Nov 28, 2023
The National Council of Insurance Legislators (NCOIL) said it elected a new slate of officer at its Annual National Meeting. Texas Representative Tom Oliverson will serve as president; New York Assemblywoman Pamela Hunter was elected as vice presiden...
Posted: Nov 28, 2023
The United States, Britain and more than a dozen other countries on Sunday unveiled what a senior U.S. official described as the first detailed international agreement on how to keep artificial intelligence safe from rogue actors, pushing for compani...
Posted: Nov 28, 2023
Much more work and collaboration needs to be done but the U.S. Treasury has reached a “tentative conclusion” that a potential federal cyber insurance backstop will be focused on catastrophic cyber risk. “We will remain focused on th...
Posted: Nov 28, 2023
Maine, Louisiana and Kentucky were the most injury-prone states in 2018, while Hawaii, Maryland and Nevada have the lowest injury rates, according to data analyzed by a group of New York pain physicians. Maine saw 596 emergency department visits per...
Posted: Nov 28, 2023
The Florida hospital at the center of the high-profile Maya Kowalski negligence case has asked for a new trial, alleging that the jury foreman improperly leaked information during the trial, which resulted in a $216 million verdict against the medica...
Posted: Nov 28, 2023
Thompson Insurance Group, a Rhode Island firm that includes insurance, real estate and investment companies, has made a move – a physical move to a new corporate headquarters. The group said in a news release that it had opened a …
Posted: Nov 28, 2023
New Jersey’s insurance regulator has approved a 3.9% reduction in workers’ compensation and employer liability rates starting January 1, 2024. The approved statewide rate change is based on the latest financial and statistical data report...
Posted: Nov 28, 2023
FBThe FBI has ended its investigation of a fiery car wreck that killed two people at a border checkpoint in Niagara Falls after finding no evidence that it was a terror attack, easing a period of high tensions as Americans …
Posted: Nov 27, 2023
Louisiana Insurance Commissioner Jim Donelon announced that the Louisiana Fortify Homes Program (LFHP) opened its fourth round of grants at noon on November 27. There are 750 grants available in the fourth round, and grants will be awarded on a ̷...
Posted: Nov 27, 2023
PLAQUEMINE, La. (AP) – The mayor of a south Louisiana city underwent surgery Saturday for a broken collarbone, ribs and ankle after a hunting accident. Plaquemine Mayor Ed Reeves was hunting Friday morning when his four-wheeler hit a large hole, R...
Posted: Nov 27, 2023
WHITE LAKE TOWNSHIP, Mich. (AP) – Explosions at a petroleum refinery outside Detroit caused a fire and led to the evacuation of some nearby residents, authorities said. The first explosion occurred shortly after 10 p.m. Friday in White Lake Township,...
Posted: Nov 27, 2023
ST. LOUIS (AP) – A former St. Louis alderman indicted in a fraud case was charged with lying to police about getting carjacked last year, authorities said. Brandon Bosley was charged Wednesday with one misdemeanor count of making a false …
Posted: Nov 27, 2023
ST. LOUIS (AP) – A former St. Louis alderman indicted in a fraud case was charged with lying to police about getting carjacked last year, authorities said. Brandon Bosley was charged Wednesday with one misdemeanor count of making a false …
Posted: Nov 27, 2023
The Biden administration will announce a redoubling of measures to strengthen supply chains on Monday, expanding an effort it credits with helping to ease post-pandemic inflation. Central to the effort is a new White House Council on Supply Chain Res...
Posted: Nov 27, 2023
NEW YORK (AP) — A woman has alleged in a lawsuit that actor, singer and comedian Jamie Foxx sexually assaulted her at a rooftop bar in New York in 2015, an incident the actor says “never happened.” The lawsuit filed …
Posted: Nov 27, 2023
This edition of International People Moves details appointments at Liberty Mutual Reinsurance and Everest Insurance International. A summary of these new hires follows here. Liberty Mutual Re Names Swiss Re’s Chisolm as Senior Underwriting Exec...
Posted: Nov 27, 2023
Canceled offshore wind projects, imperiled solar factories, fading demand for electric vehicles. A year after passage of the largest climate change legislation in U.S. history, meant to touch off a boom in American clean energy development, economic...
Posted: Nov 27, 2023
The U.S. Department of Labor has issued new data showing California’s State Average Weekly Wage edged down 0.48 percent from $1,650 to $1,642 in the 12 months ending March 31, 2023. The California Workers’ Compensation Institute notes the...
Posted: Nov 27, 2023
The U.S. Department of Labor has issued new data showing California’s State Average Weekly Wage edged down 0.48 percent from $1,650 to $1,642 in the 12 months ending March 31, 2023. The California Workers’ Compensation Institute notes the...
Posted: Nov 27, 2023
Authorities identified those missing or killed in an Alaska landslide this week as five family members and their neighbor, a commercial fisherman who made a longshot bid for the state`s lone seat in the U. S. House last year. Timothy …
Posted: Nov 27, 2023