Insurance Journal
A 43-year-old employee at a Westfield, Illinois grain elevator found himself trapped for five hours in February 2023 as co-workers and emergency responders worked to remove hundreds of pounds of soybeans to pull him out. Thankfully, the worker suffer...
Posted: Jul 27, 2023
Tokio Marine HCC, headquartered in Houston, Texas, announced it has overhauled its website reflecting a fresh new brand look, as it continues its journey to deliver an easier and more rewarding online experience for uses. The new look website has ...
Posted: Jul 27, 2023
Former attorneys for McClenny Moseley & Associates hope to persuade a federal judge to lift a suspension that prevents them from practicing in the Western District of Louisiana, including one young lawyer who says he had been practicing law less...
Posted: Jul 27, 2023
GREEN BAY, Wis. (AP) __ A minivan crashed into a building in Wisconsin, toppling much of its brick facade and leaving much of its roof sagging precariously, police said Monday. Officers called to an area near downtown Green Bay late …
Posted: Jul 27, 2023
Second-quarter net income at broker WTW was down 16%, compared to the same period a year ago, to $96 million. Revenue at WTW was up 6% to $2.16 billion, with organic growth up 7%. WTW Chief Executive Office Carl Hess …
Posted: Jul 27, 2023
The independent agency channel is holding ground and showing slow, steady gains in lines of business penetration, including homeowners, according to the Big “I” 2023 Market Share Report. Based on 2022 data, this year’s report points...
Posted: Jul 27, 2023
Charles Williamson has been hired by Marsh to become chief executive officer of it global managing general underwriting business, Victor. Williamson was most recently co-founder and CEO of Vault, an MGA and reciprocal exchange for the high net worth...
Posted: Jul 27, 2023
Allen Joins BroGue Insurance & Financial Services BroGue Insurance & Financial Services, headquartered in Bangor, Maine, hired Elaine Allen as a personal lines account manager. Allen started her insurance career with Farmers Insurance as a re...
Posted: Jul 27, 2023
Property and casualty insurer Liberty Mutual will stop offering its business owner’s policy (BOP) product in wildfire-prone state California from Oct. 1, in a sign that cost inflation and higher catastrophe losses are pounding insurers’ p...
Posted: Jul 27, 2023
Two Florida Democratic state senators are hosting webinars this month and next on the state’s property insurance situation. “Homeowners Insurance 101: A Guide for Insurance Coverage,” a series of virtual town hall meetings, began We...
Posted: Jul 27, 2023
OxyContin maker Purdue Pharma can start executing a settlement that protects members of the Sackler family who own the company from civil lawsuits over the toll of opioids, a court ruled Tuesday. The ruling from the 2nd U.S. Circuit Court …
Posted: Jul 27, 2023
Opening a new front in legal battles over college admissions, the U.S. Department of Education has launched a civil rights investigation into Harvard University`s policies on legacy admissions. Top colleges` preferential treatment of children of alum...
Posted: Jul 27, 2023
Authorities searched on Thursday for the person who set a fire that killed a Memphis firefighter and sent three others to the hospital. The Memphis Fire Department said arson was to blame for a fire late Tuesday that killed Lt. …
Posted: Jul 27, 2023
Greece is fighting almost 200 wildfires as strengthening winds present an additional challenge, even as the heat wave across the Mediterranean eases. More villages in mainland Greece were evacuated on Thursday as blazes threatened, while two people d...
Posted: Jul 27, 2023
Greece is fighting almost 200 wildfires as strengthening winds put a sting in the tail of the Mediterranean’s fading heat wave. More villages in mainland Greece were evacuated on Thursday as blazes threatened, while two people died in Velestino...
Posted: Jul 27, 2023
Allstate Insurance is no longer eligible for one of the largest incentive packages from the state of North Carolina, created when Allstate pledged to add more than 2,200 workers in Charlotte. The insurance carrier said too many remote workers made &#...
Posted: Jul 27, 2023
Vermont state and federal officials are urging farmers to document and report damage from the catastrophic flooding that hit the state two weeks ago and inundated crops in the rural mountainous state known for its scenic farmland. They toured Paul &#...
Posted: Jul 27, 2023
A tall construction crane caught fire in Manhattan on Wednesday morning, and its arm hit a building as it crashed to the street below. Photos and videos posted on social media show flames bursting from the car of a crane …
Posted: Jul 27, 2023
A towering construction crane caught fire high above the West Side of Manhattan on Wednesday morning, causing its long arm to snap off, smash against a nearby building and plummet to the street as people ran for their lives on …
Posted: Jul 27, 2023
Aspen Appoints Brough Head of Marketing and U.S. Distribution Aspen Insurance Holdings Limited, headquartered in Hamilton, Bermuda, appointed Caryn Brough head of US distribution. She will also continue overseeing Aspen’s global marketing and b...
Posted: Jul 27, 2023
American International Group said Christopher Schaper, currently CEO of AIG Re, has been named global chief underwriting officer of AIG, effective as of the closing of the previously announced sale of Validus Re to RenaissanceRe, which is expected to...
Posted: Jul 27, 2023
A group of 22 states and U.S. territories on Wednesday moved to block a proposed $10.3 billion settlement that would resolve claims against 3M Co over water pollution tied to “forever chemicals,” claiming the deal fails to adequately hold...
Posted: Jul 27, 2023
The Philippines, recovering from damage wrought by Typhoon Doksuri, is seeking a new insurance plan as protection against future calamities after its catastrophe bond lapsed. “We no longer have a cat bond,” National Treasurer Rosalia de L...
Posted: Jul 27, 2023
The number of court cases related to climate change has more than doubled in five years as impacts ranging from shrinking water resources to dangerous heatwaves hit home for millions, a report said on Thursday. Some 2,180 climate-related lawsuits hav...
Posted: Jul 27, 2023
China canceled dozens of flights and trains in preparation for Typhoon Doksuri, which has shuttered much of southern and eastern Taiwan after bringing torrential rain and strong winds to the Philippines. At least three people have been killed by the...
Posted: Jul 27, 2023