Insurance Journal

People Moves: Embroker Appoints Linetsky as Chief Technology Officer

Embroker Appoints Linetsky as New Chief Technology Officer Embroker, headquartered in San Francisco, Calif., appointed Gene Linetsky its new chief technology officer (CTO). Linetsky has more than 30 years of experience. Most recently, he acted as the...

Posted: Sep 15, 2023

People Moves: Embroker Appoints Linetsky as Chief Technology Officer; Colonial Surety Names Grzelak...

Embroker Appoints Linetsky as New Chief Technology Officer Embroker, headquartered in San Francisco, Calif., appointed Gene Linetsky its new chief technology officer (CTO). Linetsky has more than 30 years of experience. Most recently, he acted as the...

Posted: Sep 15, 2023

Kapnick Insurance Acquires Michigan Group Benefits

Kapnick Insurance, an insurance provider with over 75 years of experience, announced the acquisition of Michigan Group Benefits. This transaction represents a significant milestone in Kapnick Insurance’s growth plans, expanding their capabiliti...

Posted: Sep 15, 2023

Rugby World Cup Beset With Head Injuries, Creating Growing Existential Threat

The Rugby World Cup in France is set to be the most-watched iteration of the quadrennial competition ever, the pinnacle for a sport that has attracted hundreds of millions of dollars of sponsorship, broadcast revenue and even investment from big &#82...

Posted: Sep 15, 2023

Ardonagh Sells £1.2 Billion Insurance Unit to UK Insurer Markerstudy

The Ardonagh Group is selling its personal insurance business in a deal that will give Chief Executive Officer David Ross an £800 million ($1 billion) war chest for further acquisitions in specialist insurance broking. Ardonagh is selling its Atlanta...

Posted: Sep 15, 2023

Apple to Update iPhone 12 Software in France to Settle Radiation Row

Apple said on Friday it would issue a software update for iPhone 12 users in France to potentially end a row with French regulators that ordered the suspension of the phone’s sale due to breaches of radiation exposure limits. “We …

Posted: Sep 15, 2023

Wisconsin Lawmakers Settle Pollution Violations with Factory Farms

MADISON, Wis. (AP) – Wisconsin lawmakers agreed Wednesday to settle allegations that two factory farms violated their pollution permits for more than a quarter of a million dollars. The Legislature`s Joint Finance Committee unanimously approved a $17...

Posted: Sep 15, 2023

Fire at Northern Michigan Paper Mill Property Closes Roads, Prompts Warning to Avoid Area

CHEBOYGAN, Mich. (AP) – A fire at a northern Michigan paper mill Wednesday has closed several roads and prompted state police to warn people to stay away from the area. Plumes of thick and heavy black and gray smoke billowed …

Posted: Sep 15, 2023

Fire at Northern Michigan Paper Mill Closes Roads, Prompts Warning to Avoid Area

CHEBOYGAN, Mich. (AP) – A fire at a northern Michigan paper mill Wednesday has closed several roads and prompted state police to warn people to stay away from the area. Plumes of thick and heavy black and gray smoke billowed …

Posted: Sep 15, 2023

Report Examines Hot Summer Days Linked to Climate Change in U.S. Cities

A new analysis shows which U.S. states, regions and cities felt the strongest influence of climate change during the summer – the hottest on record. The analysis from Climate Central, a group of scientists and communicators who research and report &#...

Posted: Sep 15, 2023

Food Recalls Are Pretty Common for Things Like Rocks, Insects and Plastic

Rocks in Trader Joe’s cookies. Insects in its broccoli-cheese soup. Pieces of plastic in Banquet frozen chicken strips. In recent weeks, U.S. consumers have seen high-profile food recalls for an unappetizing reason: They`re contaminated with fo...

Posted: Sep 15, 2023

J&J, P&G Sued After FDA Panel Ruling on Cold Medicine Decongestant

A new lawsuit accuses Johnson & Johnson and Procter & Gamble of having deceived consumers about decongestant cold medicines containing an ingredient that a unanimous U.S. Food and Drug Administration advisory panel this week declared ineffect...

Posted: Sep 15, 2023

Shell Says Australian Unit BG Group Hit by MOVEit Cybersecurity Breach

Shell Plc said on Friday that it has identified a cybersecurity incident involving some employees who worked with the company’s unit BG Group in Australia before the merger, becoming the latest victim of the MOVEit hack. A number of businesses...

Posted: Sep 15, 2023

Feds Tell Banks to Be on Alert for Payroll, Work Comp Premium Fraud Schemes

A US Treasury Department unit that investigates financial crimes has directed banks to send alerts when they come across suspicious activity that indicates a business is using check cashing companies to avoid payroll taxes and reduce workers’ c...

Posted: Sep 15, 2023

Orion180 Expands into Mississippi, Alabama

Orion180, one of the latest entrants into the Florida market, has also begun writing homeowners policies in noncoastal areas of Mississippi and Alabama. The policies will be written through admitted insurer Orion180 Select Insurance Co., the Melbourn...

Posted: Sep 15, 2023

Study: Top Priorities for New York Job Seekers and Businesses

Flexibility in their job is the number one priority for employees, while attracting new employees and retaining current workers remain the top challenges for businesses, according to the results of the 2023 New York Department of Labor workforce stud...

Posted: Sep 15, 2023

Mercury Introduces New Umbrella Policy as Bodily Injury Costs Rise in California

Mercury Insurance is introducing a new personal umbrella insurance policy for Californians that is designed to offer extra protection with bolstered coverages as the company notes that bodily injury payouts continue to climb year over year since the...

Posted: Sep 15, 2023

Insurance Navy Auto Insurance Expanding into Las Vegas

Insurance Navy Auto Insurance is expanding into Las Vegas, Nevada with its car insurance offerings. Insurance Navy Brokers opened its first location in Las Vegas, at 3266 Las Vegas Blvd N STE 12. The new branch in Las Vegas, will …

Posted: Sep 15, 2023

Insurance Commissioner Orders Protections for 15,000 Californians Following Fires

California Insurance Commissioner Ricardo Lara on Thursday ordered insurers to preserve residential insurance coverage for more than 15,000 policyholders affected by fires in Del Norte County and Siskiyou County after Gov. Gavin Newsom issued emergen...

Posted: Sep 14, 2023

New England Braces for Lee After Days of Torrential Rains

Soaked and stunned communities across Massachusetts, Rhode Island and Connecticut have begun surveying and fixing damage from several days of flooding and a reported tornado, while they and others in the region also prepare for more heavy rain and st...

Posted: Sep 14, 2023

Caesars Entertainment Paid Millions to Hackers in Attack

Caesars Entertainment Inc. paid tens of millions of dollars to hackers who broke into the company’s systems in recent weeks and threatened to release the company’s data, according to two people familiar with the matter. The disclosure of...

Posted: Sep 14, 2023

For the Fifth Straight Year, Surplus Lines Sees Double-Digit Growth: AM Best

Total U.S. surplus lines direct premiums written (DPW) rose by 19.2% to reach a record $98.5 billion in 2022, marking a five-year streak of double-digit growth rate increase, according to a new AM Bestreport. The new Best’s Market Segment Repor...

Posted: Sep 14, 2023

USDA Expands Whole Farm Revenue Protection, Micro Farm Insurance Plans

The U.S. Department of Agriculture’s Risk Management Agency (RMA) announced changes to the Whole Farm Revenue Protection (WFRP) and Micro Farm Insurance plans in an effort to increase participation and access to crop insurance for producers of...

Posted: Sep 14, 2023

Policygenius Finds Average Home Insurance Prices Up 21%

Online insurance marketplace Policygenius has found that home insurance premiums at renewal increased 21% on average from May 2022 to May 2023. The state that saw the highest average increase for homeowners insurance during the time period analyzed b...

Posted: Sep 14, 2023

NIP Group Introduces PoolPro™: Diving Deeper with a Tailored Insurance Program for Pool Builders and...

Woodbridge, New Jersey, September 14, 2023 – NIP Group, a leading specialty insurance program with over 30 years of experience, announces the launch of its latest industry-specific insurance program, PoolPro™. Designed to meet the specialized needs o...

Posted: Sep 14, 2023