Insurance Journal
Los Angeles, CA., July 31, 2023 – ProFinity Insurance Services, a specialty MGA focused on professional liability solutions for a variety of niche industries, today announced the appointment of Lionel Béjean as Senior Underwriter for their growing Co...
Posted: Aug 01, 2023
Pen Underwriting, the London-based managing general agent and Gallagher subsidiary, announced changes to its divisional structure to bring together core underwriting capabilities and expertise, for the benefit of its brokers. As of Aug. 1, Pen is sep...
Posted: Aug 01, 2023
Relentless rain stretched into a fourth day in Beijing and nearby cities on Tuesday as a weakening typhoon brought non-stop precipitation and widespread flooding to northern China, so far claiming 11 lives. Rivers have swollen to dangerous levels, pr...
Posted: Aug 01, 2023
The winners of the Qorus-Accenture Innovation in Insurance Awards were announced recently at a live ceremony in Milan, bringing together the industry’s trendsetters and pioneers. Now in its eighth year, this program has served as a catalyst for...
Posted: Aug 01, 2023
The explosion early on a June morning ignited a blaze that engulfed a New York City shop filled with motorized bicycles and their volatile lithium-ion batteries. Billowing smoke quickly killed four people asleep in apartments above the burning store....
Posted: Aug 01, 2023
Some of the world’s largest aircraft lessors and insurers are aiming to be ready to go to trial in June 2024 over contested insurance claims for aircraft stuck in Russia, a lawyer for one of the lessors said on Monday. …
Posted: Aug 01, 2023
Significant progress has been made in advancing vendor’s cyber catastrophe models, but a notable degree of variability exists across model outputs, which can pose a challenge to insurance and reinsurance companies as they formulate their views...
Posted: Aug 01, 2023
Federal legislation introduced last week that would require insurance companies with more than $100 million in annual premiums to disclose investments and underwritings related to coal, oil and gas projects, and fossil fuels is already required at th...
Posted: Aug 01, 2023
The US Supreme Court’s ruling against affirmative action has sparked a fierce debate over the future of diversity in corporate America, with dueling sides claiming either that workplace programs are unaffected by the decision, or that they̵...
Posted: Aug 01, 2023
Six months after its namesake insurance carrier was deemed insolvent, United Insurance Holdings is rebranding itself in the name of its surviving insurer, as American Coastal Insurance Corp. The St. Petersburg, Florida-based holding company for now-d...
Posted: Aug 01, 2023
Nashville-based Tenco Services Inc., a multi-line claims adjusting firm in six Southeastern states, plans to acquire the James C. Greene adjusting company in Raleigh, North Carolina, Tenco announced. Greene has offices in North and South Carolina and...
Posted: Aug 01, 2023
The Florida lawyer and entrepreneur who reportedly made millions by disrupting the auto insurance industry’s Medicare set-aside practices is under federal investigation and may be in financial trouble, according to news reports. John Ruiz, whos...
Posted: Aug 01, 2023
The Roman Catholic Diocese of Syracuse on Thursday announced a $100 million settlement with people who say they were sexual abuse victims as part of its bankruptcy proceedings. Catholic dioceses around the state are dealing with a surge of lawsuits &...
Posted: Aug 01, 2023
A review of the Independent Medical Review process used to resolve California workers’ compensation medical disputes shows the number of IMR decision letters rose 4.1% in the first six months of 2023 compared to the first half of 2022 after ...
Posted: Aug 01, 2023
A review of the Independent Medical Review process used to resolve California workers’ compensation medical disputes shows the number of IMR decision letters rose 4.1% in the first six months of 2023 compared to the first half of 2022 after ...
Posted: Aug 01, 2023
A pilot and two passengers were killed Sunday when a single-engine plane crashed into a hangar and burst into flames at a Southern California airport, authorities said. The Beechcraft P35 with three people on board crashed during departure around 6:...
Posted: Jul 31, 2023
A federal jury found a former nurse at Oregon’s women’s prison guilty of sexually abusing nine women while they were in custody. The jury reached its verdict in the case against 38-year-old Tony Klein last week after nearly two days ̷...
Posted: Jul 31, 2023
The focus of Europe’s heat is switching to Spain, with a high risk of wildfires in southern parts of the Iberian peninsula. Southern Spain is expected to exceed 40C (104F) on Monday, with regions around Cordoba under alert for hot …
Posted: Jul 31, 2023
This edition of International People Moves details appointments at Lockton and MS Amlin. A summary of these new hires follows here. Lockton Taps Swiss Re’s Wright to Lead UK Commercial Wholesale, Succeeding Lee Insurance broker Lockton announce...
Posted: Jul 31, 2023
The Texas Windstorm Insurance Association (TWIA) Board of Directors will meet in Galveston on Tuesday, August 8 at 9:00 a.m. CT, where the Board is expected to consider the Association’s statutorily required annual rate filing for 2024 policies...
Posted: Jul 31, 2023
SPRINGFIELD, Ohio (AP) – A helicopter hit power lines and crashed near an interstate in Ohio over the weekend, killing the pilot and causing a series of crashes, authorities said. The Bell 206L-4 aircraft was flying near I-70 in Springfield …
Posted: Jul 31, 2023
GREENFIELD, Wis. (AP) – A woman died after a patrol car accidentally ran over her while she lay in a roadway, suburban Milwaukee police said Friday. Officers were called Thursday for a welfare check on the 42-year-old Milwaukee woman, the …
Posted: Jul 31, 2023
HOUSTON (AP) – Just moments before rap superstar Travis Scott took the stage at the deadly 2021 Astroworld festival, a contract worker had been so worried about what might happen after seeing people getting crushed that he texted an event …
Posted: Jul 31, 2023
A judge in Florida on Friday refused to dismiss a lawsuit brought by Gov. Ron DeSantis appointees against Disney’s efforts to neutralize the governor`s takeover of Disney World’s governing district. The judge in state court in Orlando den...
Posted: Jul 31, 2023
Tens of thousands of companies operating in Europe face new requirements to report their operations’ ESG impacts as the European Union advances a plan to address climate change and environmental degradation through increased transparency and ma...
Posted: Jul 31, 2023