Insurance Journal
A media entrepreneur is trying to connect young people disturbed by the impact of social media on mental health with older power players to fight for change in how tech companies do business. The newly-formed Sustainable Media Center is intent …...
Posted: Oct 13, 2023
MINNEAPOLIS (AP) — A Minnesota county agreed to pay a $12.2 million settlement to a man who was jailed on suspicion of drunken driving but ended up losing both his hands and suffering a heart attack, a stroke and skin …
Posted: Oct 12, 2023
PG&E Corp. will pay a $45 million penalty for its role in starting the second-largest wildfire in California history under a settlement proposal issued by state regulators. The California utility giant agreed to the shareholder-funded penalty pro...
Posted: Oct 12, 2023
Scardino and Gould Join WTW CRB North American Team WTW, headquartered in London, England, has added two new leaders in its Dallas, Texas, offices. The company appointed Frank Scardino as North America strategic sales leader and leader of the Dallas...
Posted: Oct 12, 2023
Effective today, Pat Tomlinson has been named president of Marsh McLennan’s Mercer, and will succeed Mercer CEO Martine Ferland upon her retirement March 31, 2024. In the meantime, as president, Tomlinson will report to Ferland and have managem...
Posted: Oct 12, 2023
Approximately 78% of commercial auto insurers are in the research phase of preparing for usage-based insurance (UBI) products, according to a new report from The National Alliance for Insurance Education and Research and SambaSafety. This signals int...
Posted: Oct 12, 2023
Citing research showing increased rates of depression, anxiety, suicidal ideation, and self-harm associated with children and young adults’ social media use, officials in New York are proposing legislation to protect children from addictive pla...
Posted: Oct 12, 2023
ATLANTA (AP) — Atlanta`s police chief on Tuesday fired an officer who shocked a 62-year-old Black church deacon with a stun gun during a dispute over a traffic ticket, leading to the man`s death. Police Chief Darin Schierbaum said Officer ̷...
Posted: Oct 12, 2023
The family of a Texas man who was killed in a collision with a semi-truck cannot stake a claim to any portion of a $1 million insurance settlement that was paid to the family of another victim of the same …
Posted: Oct 12, 2023
MINNEAPOLIS (AP) – Highly pathogenic bird flu has made its first appearances in U.S. commercial poultry flocks this season, affecting one turkey farm in South Dakota and one in Utah and raising concerns that more outbreaks could follow. The U.S. R...
Posted: Oct 12, 2023
ROOPVILLE, Ga. (AP) — A driver traveling the wrong way on a four-lane Georgia highway crashed into two other cars, killing all three drivers, state troopers said. The wreck happened Monday night on U.S. 27 near Roopville, south of Carrollton. &...
Posted: Oct 12, 2023
VALDOSTA, Ga. (AP) — Walmart announced it will build a new $350 million milk processing plant in south Georgia, hiring nearly 400 people. Arkansas-based Walmart said the plant will provide milk to more than 750 Walmart and Sam’s Club stor...
Posted: Oct 12, 2023
Pine Walk Capital Ltd., a specialist MGA platform and wholly owned subsidiary of specialty re/insurer Fidelis MGU, and Castlelake L.P., a global alternative investment manager, announced the launch of an aviation-focused managing general agent Itasca...
Posted: Oct 12, 2023
This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI) and Allianz Commercial. A summary of these new hires follows here. BHSI Taps Allianz’s Fuertes as Head of Energy and Construction i...
Posted: Oct 12, 2023
Norwegian Air canceled a planned evacuation flight from Tel Aviv to Oslo on Thursday due to a lack of insurance cover, the carrier said. The airline had been due to fly Norwegians and other Nordic citizens stranded in Israel out …
Posted: Oct 12, 2023
Airlines wrestled with the safety risk of evacuation operations in Israel on Thursday, with Norwegian Air and Dutch KLM canceling flights while Air France was going ahead with a special flight chartered by the French foreign ministry. Norwegian Air s...
Posted: Oct 12, 2023
Top executives at Canadian companies are growing less optimistic that they’ll be able to coax their employees back into the office — so most plan to reward those who show up in person, according to a survey by KPMG. Only …
Posted: Oct 12, 2023
Certain exclusions that were once prevalent in cannabis insurance seem to be eroding, possibly a sign of some good news for businesses in the industry. A group of experts gathered during Insurance Journal’s Insuring Cannabis Summit to talk abou...
Posted: Oct 12, 2023
An unsolved $17 million heist of Swiss gold and cash near Canada’s busiest airport has led Brink’s Co. to sue Air Canada for allegedly letting a thief slip away with the loot. Miami-based Brink’s accused the airline of “neglig...
Posted: Oct 12, 2023
The Securities and Exchange Commission is investigating how Twitter Inc. managed a 2018 security lapse that exposed personal user information before billionaire Elon Musk bought the social media platform last year. The agency has been scrutinizing wh...
Posted: Oct 12, 2023
The hack of the MOVEit file transfer platform, developed by Progress Software and used by businesses of all sizes, serves as a reminder of the potential vulnerabilities faced by third party vendors. In this June 2023 hack, attackers exploited a ̷...
Posted: Oct 12, 2023
The U.S. title insurance industry saw its volume of net premium written decline by 16.1% in 2022, to approximately $20.9 billion, following a decade of growth during which this level had more than doubled, according to a new AM Best …
Posted: Oct 12, 2023
Governments and airlines scrambled to lay on flights to evacuate thousands of tourists from Israel and repatriate the country’s citizens, as the industry faced a warning over insurance cover in the wake of weekend attacks. Israeli flag carrier...
Posted: Oct 12, 2023
Alliant Insurance Services, a major American distributor and brokerage headquartered in California, continues building its Southeastern US presence. It has named attorney Bobby Coleman of Mississippi as vice president of the Alliant Americas division...
Posted: Oct 12, 2023
Insurance department omnibus bills in state legislatures are often seen as housekeeping or budget items that may revise regulatory language, fund insurance department positions, or clean up the wording of previous laws. But in North Carolina this yea...
Posted: Oct 12, 2023