Insurance Journal
Louisiana Insurance Commissioner Jim Donelon announced that the Louisiana Fortify Homes Program (LFHP) will open its third round of grants at noon on November 6. There are 750 grants available in the third round, the Louisiana Department of Insurance...
Posted: Nov 06, 2023
MINNEAPOLIS (AP) – Minneapolis police are investigating another fire at a mosque, and faith leaders want them to look closely at the motive if the fire that destroyed three garages is determined to be arson. The fire at Mercy Mosque …
Posted: Nov 06, 2023
CHICAGO (AP) __ Sophee Langerman was on her way to a bicycle safety rally in Chicago’s Lakeview neighborhood in June when a car turning right rolled through a red light and slammed into her bike, which she was walking off …
Posted: Nov 06, 2023
Howden, the London-based insurance group, announced it has acquired Contacto Corredores de Seguros S.A., a market-leading insurance broker in the Peruvian market. Financial details of the deal were not disclosed. Howden said the acquisition represent...
Posted: Nov 06, 2023
This edition of International People Moves details appointments at Marsh and Markel. A summary of these new hires follows here. Marsh Promotes Donnelly to Global Head of Placement Insurance broker Marsh announced the appointment of John Donnelly as g...
Posted: Nov 06, 2023
Ratings agency Moody’s is creating a unit to research and rate private credit, the firm said on Monday. The unit will be headed by Ana Arsov, who will coordinate research and rating initiatives in the field, Moody’s Investors Service said...
Posted: Nov 06, 2023
The second of two workers trapped under a coal mine preparation plant that collapsed earlier this week in eastern Kentucky has died, Gov. Andy Beshear announced Friday. “This is a heartbreaking situation,” the Democratic governor wrote on...
Posted: Nov 06, 2023
Hurricane Otis not only devastated Acapulco, but also exposed fatal weaknesses in aging infrastructure, teaching hard lessons that coastal cities throughout Mexico must draw on. As Acapulco rebuilds after the deadly Category 5 hurricane, climate expe...
Posted: Nov 06, 2023
Police in South Fulton, Georgia, have charged the president and treasurer of a large condominium association with stealing more than $1.5 million in insurance payouts after two fires in 2020 destroyed a building. Multiple Georgia news outlets reporte...
Posted: Nov 06, 2023
When Hurricane Michael hit the Florida Panhandle five years ago, it left boats, cars and trucks piled up to the windows of Bonny Paulson`s home in the tiny coastal community of Mexico Beach, Florida, even though the house rests on …
Posted: Nov 06, 2023
A former gynecologist at the University of California, Los Angeles who was sentenced to prison for sexually abusing student patients can be retried on charges involving additional women, a judge ruled. A Superior Court judge granted a prosecution req...
Posted: Nov 06, 2023
A California jury has awarded $332 million to a man who sued chemical giant Monsanto Co. contending that his cancer was related to decades of using its Roundup weedkiller. A San Diego Superior Court jury awarded damages in a lawsuit …
Posted: Nov 06, 2023
The U.S. Supreme Court last Friday agreed to hear an appeal by the National Rifle Association of a case in which it accuses a New York insurance regulator of violating its free speech rights when she urged insurance companies and …
Posted: Nov 06, 2023
MONTGOMERY, Ala. (AP) — After confirming the presence of highly pathogenic avian flu in a flock of chickens, nearly 48,000 birds were killed at a north Alabama farm, state agriculture officials said. A Marshall County commercial pullet farm ...
Posted: Nov 06, 2023
Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of Dublin, Ireland-based Keaney Insurance Brokers Ltd. Terms of the transaction were not disclosed. Keaney is a commercial insurance broker that supports...
Posted: Nov 06, 2023
Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, launched its suite of innovative Active Cyber Insurance products in Australia. Active Cyber Insurance works with organizations to help them understand their cybe...
Posted: Nov 06, 2023
New Delhi’s pollution hit hazardous levels on Friday, forcing the city to shut schools and impose emergency measures, and prompting public criticism from Indian business executives over the government’s handling of the situation. With the...
Posted: Nov 06, 2023
Losses resulting from severe convective storms are expected to drive the 2023 net combined ratio for the property/casualty industry to 103.8, according to the latest underwriting projections by actuaries at the Insurance Information Institute (Triple...
Posted: Nov 06, 2023
Boeing, one of the world’s largest defense and space contractors, said on Wednesday it was investigating a cyber incident that impacted elements of its parts and distribution business and cooperating with a law enforcement probe into it. Boeing...
Posted: Nov 06, 2023
Elon Musk asked a federal judge on Nov. 2 not to force him to testify in the U.S. Securities and Exchange Commission’s probe into his $44 billion takeover of social media site Twitter. Musk filed the objections in San Francisco …
Posted: Nov 06, 2023
Sheila Bush, a cosmetologist, was lounging in the recliner at her St. Louis-area home last winter when an advertisement from a law firm flashed up on her television screen, urging viewers to call a toll-free number if they or a …
Posted: Nov 06, 2023
A dispute between two veteran west Alabama insurance agents has made it all the way to the state Supreme Court after three years of civil litigation, suggestions of criminal activity and claims of sexual harassment, assault and improper business prac...
Posted: Nov 06, 2023
Heritage Insurance Holdings, parent company of Florida’s 10th largest property insurance company, reported a net loss of $7.4 million for the third quarter of 2023, a significant improvement over last year after the carrier shook almost 74,000...
Posted: Nov 06, 2023
The California Labor Commissioner’s Office’s Criminal Investigation Unit partnered with the Los Angeles District Attorney’s Office two prosecute two Catalina Island business owners for grand theft of labor. Jack Tucey and Yueh Mei &...
Posted: Nov 06, 2023
A gas explosion collapsed part of a brick multifamily building north of New York City, trapping victims in the rubble and injuring 10 people, according to officials. There were no fatalities in the Thursday afternoon explosion and fire, which sent &#...
Posted: Nov 06, 2023