Insurance Journal
Demex Group raised $5 million from a syndicate of existing and new investors the company says will address accumulating losses caused by secondary perils. The managing general agent, which “operates at the intersection of climate, insurance, an...
Posted: Aug 17, 2023
The UK needs to accelerate reforms to help attract more investments, according to Legal & General Group Plc Chief Executive Officer Nigel Wilson. The Mansion House speeches on policy reforms in July have been very positive, but the government nee...
Posted: Aug 17, 2023
A criminal prosecution against a Tesla driver in Los Angeles County could end next month, the final step of a case believed to be the first time in the U.S. prosecutors brought felony charges against a motorist who was using …
Posted: Aug 17, 2023
Workplace shootings, more common than ever now, may happen in the course and scope of employment. But do they have to be work-related to make the victims eligible for workers’ compensation benefits? That’s the question that a Florida appe...
Posted: Aug 17, 2023
Towerstone acquired Fortuna General Insurance in Simi Valley, California. The partnership allows the company to take advantage of Fortuna’s wide array of carrier and broker relationships and its expertise in the property insurance market. Fortu...
Posted: Aug 17, 2023
Children who lived closer to natural gas wells in heavily drilled Pennsylvania were more likely to develop a relatively rare form of cancer, and nearby residents of all ages had an increased chance of severe asthma reactions, researchers said in R...
Posted: Aug 17, 2023
Children who lived closer to natural gas wells in heavily drilled Pennsylvania were more likely to develop a relatively rare form of cancer, and nearby residents of all ages had an increased chance of severe asthma reactions, researchers said in R...
Posted: Aug 17, 2023
A woman who fractured her left ankle during a trip with her husband to the Italian food emporium Eataly in Boston last year is blaming her injury on a piece of ham. Alice Cohen was heading to an area where …
Posted: Aug 17, 2023
The owners of a home that exploded in western Pennsylvania last weekend were having issues with their hot water tank, authorities said, but the cause of the blast that killed five people — including two municipal officials —remains under investigatio...
Posted: Aug 17, 2023
Hawaii Gov. Josh Green announced the confirmed death toll had risen from the destructive wildfires in the island-state to more than 100 in an late Tuesday, saying, “We are heartsick that we’ve had such loss.” The Associated Press is...
Posted: Aug 16, 2023
A North Carolina insurance agent has been charged with fraud after allegedly backdating an auto policy, to show that a friend was covered at the time of an accident. The North Carolina Department of Insurance reported this week that motorist …
Posted: Aug 16, 2023
This edition of International People Moves details appointments at Arrow Risk Management and Sompo International. A summary of these new hires follows here. MGA Arrow Risk Launches FinPro Practice, With 2 Hires From IGI Arrow Risk Management, the Lon...
Posted: Aug 16, 2023
A federal workplace safety investigation into a Beford, Ohio foundry explosion that caused the death of a maintenance supervisor and injuries to 15 other employees found the operator, I. Schumann & Co. LLC, failed to protect workers from the haza...
Posted: Aug 16, 2023
The Texas Department of Insurance (TDI) announced it has appointed Debra Knight as the new State Fire Marshal for Texas. Knight brings more than 30 years of experience in administrative and criminal law, as well as insurance and compliance analysis....
Posted: Aug 16, 2023
This post is part of a series sponsored by AgentSync. Montana, aka the Treasure State. Known for its breathtaking views, sub-zero winters, and… an insurance claims process that rivals Florida in nuance? If you’re an avid reader of our blog, ...
Posted: Aug 16, 2023
CHICAGO (AP) – Three former members of Northwestern University`s baseball coaching staff filed a lawsuit against the school on Monday, saying they lost their jobs for trying to report bullying and derogatory abuse by the team`s head coach, who has &#...
Posted: Aug 16, 2023
LINCOLN, Neb. (AP) – Police are testing products seized from five Nebraska dispensaries to see if they contain illegally high levels of the compound THC, the Lincoln Journal Star reported Monday. Lincoln police received warrants after checks in Janua...
Posted: Aug 16, 2023
AUSTIN, Texas (AP) __ Texas is suing Shell and is seeking more than $1 million, alleging a fire at the oil giant`s Houston-area petrochemical plant damaged the environment. The May 5 fire at the plant in the suburb of Deer …
Posted: Aug 16, 2023
NASHVILLE, Tenn. (AP) — Michael Oher, the former NFL tackle known for being the inspiration for the movie “The Blind Side,” filed a petition Monday in a Tennessee probate court accusing Sean and Leigh Anne Tuohy of lying to him R...
Posted: Aug 16, 2023
Umpire Ángel Hernández lost again in his racial discrimination lawsuit against Major League Baseball when a federal appeals court refused to reinstate his case on Tuesday. The 2nd Circuit U.S. Court of Appeals upheld a 2021 District Court decision th...
Posted: Aug 16, 2023
The Demex Group, the Washington, D.C.-based managing general agent (MGA) that offers stop-loss protection for secondary perils, announced it has raised $5 million from a syndicate of existing and new investors, led by Blue Bear Capital. Blue Bear Cap...
Posted: Aug 16, 2023
FedEx Corp. is pressuring delivery contractors to improve safety after mounting accidents helped trigger a near-tripling of insurance costs over the decade. FedEx is requiring contractors that deliver packages on behalf of the company’s Ground...
Posted: Aug 16, 2023
Florida firefighters are covered by a limited presumption if they are diagnosed with cancer, but some fire departments still need special cleaning systems to remove carcinogens from gear. To help with that, Florida’s chief financial officer and...
Posted: Aug 16, 2023
Risk Strategies acquired Bisnett Insurance in West Linn, Oregon. Bisnett Insurance offers commercial lines, personal lines and employee benefits products. The firm has operations in the Pacific Northwest including Oregon, Arizona and Idaho. Bisnett&#...
Posted: Aug 16, 2023
At the end of June, James Felton Keith read the news of the U.S. Supreme Court’s majority rulings regarding affirmative action in higher education, and the application of free speech in anti-discrimination law. At around the same time, the outg...
Posted: Aug 16, 2023