Insurance Journal
Risk Strategies acquired North Bay, a business unit from InterWest Insurance Services LLC, adding specialty expertise to its Wineries Practice. Along with offices in Petaluma, California and Santa Rosa, California, the North Bay business unit purchas...
Posted: Oct 25, 2023
The city of Philadelphia has released a notice about a cyber incident that occurred in May and July and its investigation that suggests personal health information was involved. On May 24, 2023, city officials initially became aware of suspicious act...
Posted: Oct 24, 2023
Rubosky Joins Alliant Insurance Services in Cleveland, Ohio Al Rubosky has joined Alliant Insurance Services, headquartered in Irvine, Calif., as vice president within its employee benefits group. Rubosky is based in Cleveland, Ohio. Rubosky joins Al...
Posted: Oct 24, 2023
Texas Mutual Promotes Sherrouse and Dowling to VP Positions Texas Mutual Insurance Company, headquartered in Austin, Texas, promoted two current employees to vice president. Peppia Sherrouse is Texas Mutual’s new vice president of claim operati...
Posted: Oct 24, 2023
One body has been recovered, two people have been rescued, and four are missing after two freighters collided in the North Sea off the coast of Germany, the maritime emergency authority said on Tuesday. The Verity, which the Central Command …
Posted: Oct 24, 2023
Rescuers abandoned efforts to find four missing sailors a day after a British cargo ship sank in the North Sea following a collision with a larger vessel. “Due to the numerous operational resources – ships and helicopters – in the &...
Posted: Oct 24, 2023
New York Governor Kathy Hochul recently signed legislation to give families sending their kids to camps added peace of mind about the camps’ hiring practices. The legislation (S.6063/A.4117) directs the New York State Department of Health to re...
Posted: Oct 24, 2023
Insurance broker Marsh said it is starting a global cyber practice at the start of 2024, led by Tom Reagan. Currently Marsh Specialty’s cyber practice leader, US and Canada, Reagan will become global specialty head of cyber. He will continue &#...
Posted: Oct 24, 2023
MADISON, Wis. (AP) – A federal jury has convicted two senior employees at a Wisconsin corn plant of falsifying records and obstructing an investigation into a fatal corn dust explosion in 2017, Justice Department officials announced on Tuesday. Corn...
Posted: Oct 24, 2023
Arthur J. Gallagher & Co. announced the acquisition of Mineola, New York-based Rosenzweig Insurance Agency, Inc. Rosenzweig Insurance Agency is an insurance broker with pharmacy expertise serving small and medium-sized businesses. Larry Rosenzwei...
Posted: Oct 24, 2023
HOUSTON (AP) – A Texas judge has ruled that Infowars host Alex Jones cannot use bankruptcy protection to avoid paying more than $1.1 billion to families who sued over his conspiracy theories that the Sandy Hook school massacre was a …
Posted: Oct 24, 2023
ROCKFORD, Ill. (AP) – Winnebago County officials will pay $3.3 million to the family of a Rockford woman killed in a police pursuit. Joy Lambert, 55, was killed when a driver fleeing a sheriff’s deputy at speeds that reached 91 …
Posted: Oct 24, 2023
As lawmakers around the world weigh bans of cancer-linked “forever chemicals,” many manufacturers are pushing back, saying there often is no substitute for the compounds. Minnesota and Maine have passed legislation to effectively outlaw t...
Posted: Oct 24, 2023
A Target store is not responsible for an injury claim brought by a customer who slipped and fell on a puddle on the floor because its employees were not aware of the hazard and, even if they were, the hazard …
Posted: Oct 24, 2023
Arthur J. Gallagher & Co. today said it has signed a definitive agreement with Cadence Bank to acquire Cadence Insurance, Inc. for $904 million cash. Baton Rouge, Louisiana-headquartered Cadence Insurance, the second largest bank-affiliated insur...
Posted: Oct 24, 2023
The Chinese owner of an unauthorized central California lab that fueled conspiracy theories about China and biological weapons has been arrested on charges of not obtaining the proper permits to manufacture tests for COVID-19, pregnancy and HIV, and...
Posted: Oct 24, 2023
Erin Lee McCarroll, 49, of Laguna Beach, California, was arraigned on 27 felony counts including grand theft and forgery after a California Department of Insurance investigation found she allegedly stole more than $62,000 in insurance premiums from a...
Posted: Oct 24, 2023
Artificial intelligence companies and governments should allocate at least one third of their AI research and development funding to ensuring the safety and ethical use of the systems, top AI researchers said in a paper on Tuesday. The paper, issued...
Posted: Oct 24, 2023
The Hartford said Stephen Deane will return to the company as chief claims officer effective Nov. 6 after he spent the last three years at Liberty Mutual Insurance, where he served as executive vice president and chief claims officer, Global …
Posted: Oct 24, 2023
This edition of International People Moves details appointments at Marsh, Lockton and MS Amlin. A summary of these new hires follows here. Marsh Names Thurston CEO, UK Risk Mgmt, Mistry as CEO of FINPRO Marsh, the insurance broker and risk …
Posted: Oct 24, 2023
Howden, the London-based global insurance group, announced it has established a retail presence in the Grand Duchy of Luxembourg with the acquisition of the portfolio of United Brokers S.A., and has strengthened its position in Belgium with the acqui...
Posted: Oct 24, 2023
The West Antarctic ice sheet is set to melt faster even if the world rapidly cuts emissions, according to a new study. That could lead to more significant sea level rise over the course of centuries. The West Antarctic ice …
Posted: Oct 24, 2023
Munich Re raised its profit target for the year as lower-than-expected claims helped push earnings in the third quarter past analysts’ estimates. The reinsurer said it expects a profit of €4.5 billion ($4.8 billion) for this year, up from an &#...
Posted: Oct 24, 2023
Compared to last year, more than twice as many startup founders reported talking to their investors and boards about cyber protection often or always, according to a new Embroker cyber risk index. That number reached 83% in 2023, a 42% …
Posted: Oct 24, 2023
Vesttoo Ltd. creditors are seeking to take control of the bankrupt Israeli startup’s court proceedings, arguing the company should liquidate following revelations that its former executives helped create fraudulent documents that supported tran...
Posted: Oct 24, 2023