Insurance Journal
After months of discussion, federal safety officials and the Pennsylvania Public Utilities Commission (PUC) remain at odds over release of documents that the National Transportation Safety Board says it needs for a building explosion investigation bu...
Posted: Sep 29, 2023
A little-known climate threat lurks under our feet: rising groundwater that could release toxic chemicals from more than 132,000 contaminated sites in coastal areas of the US. In a first of its kind study, researchers estimated the number of polluted...
Posted: Sep 29, 2023
A little-known climate threat lurks under our feet: rising groundwater that could release toxic chemicals from more than 132,000 contaminated sites in coastal areas of the US. In a first of its kind study, researchers estimated the number of polluted...
Posted: Sep 29, 2023
Paladin Cyber has changed its corporate name to Upfort. Upfort also announced two senior hires, Jeremy Wieber and Matthew Leanza, to advance its strategic initiatives and spearhead the company’s partnership-centric approach toward helping compa...
Posted: Sep 29, 2023
BATON ROUGE, La. (AP) – A mass inflow of salt water from the Gulf of Mexico creeping up the drought-stricken Mississippi River is threatening drinking water supplies in Louisiana, prompting Gov. John Bel Edwards to ask President Joe Biden for …
Posted: Sep 28, 2023
A freight broker is not liable for an $18 million jury award to the mother of a teenage boy who suffered a brain injury when he was struck by a truck, an Illinois appellate court ruled Wednesday. A panel of …
Posted: Sep 28, 2023
Paramount Healthcare Consultants, LLC, which operates facilities across Texas and Louisiana, and MPD Operators Nazareth Hall, LLC, doing business as Nazareth Living Care Center in El Paso, Texas, violated federal law when they allowed an administrato...
Posted: Sep 28, 2023
RT Specialty, the wholesale distribution division of Ryan Specialty (NYSE: RYAN), a leading international specialty insurance firm, announced its continued expansion of RT Connector, which provides digital solutions for the small commercial market se...
Posted: Sep 28, 2023
A recycling facility will be built in Kentucky to shred electric vehicle batteries in a $65 million venture between American and South Korean companies that will supply material for a separate battery-related operation in the same town, the companies...
Posted: Sep 28, 2023
ST. LOUIS (AP) __ Ben Phillips’ childhood memories include basketball games with friends, and neighbors gathering in the summer shade at their St. Louis housing complex. He also remembers watching men in hazmat suits scurry on the roofs of high...
Posted: Sep 28, 2023
A U.S. government shutdown, perhaps as soon as Saturday night, will force the National Flood Insurance Program to suspend issuing of new policies, potentially causing a major disruption for home buyers. The National Home Builders Association said tha...
Posted: Sep 28, 2023
Tens of thousands of Las Vegas hospitality workers fighting for new union contracts voted Tuesday to authorize a strike that could impact more than three dozen casinos and hotels, the city’s economic backbone. The Culinary Workers Union hasn...
Posted: Sep 28, 2023
Inszone Insurance Services acquired Sanfilippo & Sons Insurance Services LLC in San Jose, California. Sanfilippo & Sons was founded in 1960 by Roy Sanfilippo. Founded in 2002 and headquartered in Sacramento, California, Inszone is an insuranc...
Posted: Sep 28, 2023
The private flood insurance market continues to expand, with a new managing general agent starting up in Florida. Titan Flood Inc., based in Tampa, is being launched by Stephanie Lee, the co-founder and chief operating officer of Neptune Flood, a ...
Posted: Sep 28, 2023
Some of Europe’s biggest insurers are underwriting close to a third of the coal production that takes place in the US, even after pledging to target net zero emissions, according to a report by climate campaign group Insure Our Future. …
Posted: Sep 28, 2023
Howden Tiger, the reinsurance broking arm of Howden, the global insurance group, announces that Tim Ronda, currently President, Howden Tiger, will take over as CEO on 1 January 2024. Ronda will report to David Howden, CEO, Howden. Ronda will continue...
Posted: Sep 28, 2023
Vantage Group Holdings Ltd., the Bermuda-based insurer and reinsurer, has extended its Contractors Pollution Liability (CPL) and professional liability offerings to environmental contractors and consultants, expanding the company’s participatio...
Posted: Sep 28, 2023
Indian authorities sent a $208 million tax demand to a private insurer, the latest in a growing list of firms slapped with similar notices as the government intensifies its crackdown on alleged evasion. ICICI Lombard General Insurance Co. Ltd. receiv...
Posted: Sep 28, 2023
United Insurance Brokers (UIB), the London-based international re/insurance broker, has announced an agreement to create two new companies in Peru, expanding the UIB Group footprint in South America. UIB has taken an equity stake in the two Peruvian...
Posted: Sep 28, 2023
A factory fire at iPhone assembler Pegatron India was sparked by a short-circuit after an electrical switch was left on, following testing of the devices as they were being put together, two sources briefed on the matter told Reuters. The …
Posted: Sep 28, 2023
GTCR and Apax Partners are exploring options including a full or partial sale of insurance broker AssuredPartners, which could be valued at up to $16 billion, including debt, in any transaction, according to people with knowledge of the matter. The &...
Posted: Sep 28, 2023
A perfect storm of supply chain delays, design flaws and higher costs in the offshore wind industry has put dozens of projects at risk of not being delivered in time for countries to meet climate goals, industry executives, investors and …
Posted: Sep 28, 2023
The Bank of England on Thursday set out a reform of capital rules for insurers to “unlock tens of billions of pounds” for investments in the economy. The Solvency II rules were inherited from the European Union and their reform …
Posted: Sep 28, 2023
Executive Summary: Biometric litigation is a significant emerging risk that insurers must now take into consideration, says Jim Blinn, vice president, Client Solutions, Zywave. States are increasingly passing biometric laws to prevent companies from...
Posted: Sep 28, 2023
Marsh McLennan wants the Second Circuit appeals court to reconsider its August decision that overruled a district court and reinstated a former employee’s lawsuit against the company over a 2021 data breach. Marsh McLennan (MMC) asserts that th...
Posted: Sep 28, 2023