Insurance Journal
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 11 people have died in the Philippine...
Posted: Jul 27, 2023
An international team began siphoning oil out of a decrepit oil tanker off the coast of Yemen on Tuesday, the United Nations chief said, a crucial step in a complex salvage operation aiming to prevent a potential environmental disaster. For …
Posted: Jul 27, 2023
An international team began siphoning oil out of a decrepit oil tanker off the coast of Yemen on Tuesday, the United Nations chief said, a crucial step in a complex salvage operation aiming to prevent a potential environmental disaster. For …
Posted: Jul 27, 2023
The Biden administration is poised to increase outreach to western trading houses, insurers and tanker owners to remind them to abide by the Group of Seven’s price cap on Russian oil as the crude trades over that level, sources and …
Posted: Jul 27, 2023
Canada’s financial regulator on Wednesday proposed changes to its capital and liquidity approach to cryptoassets, citing a risky environment and in response to international banking standards. The Office of the Superintendent of Financial Insti...
Posted: Jul 27, 2023
A south Florida contractor faces significant jail time after he was arrested for vastly underreporting his payroll to his workers’ compensation insurer. Hector Gutierrez-Morales, owner of HG & AKE Construction Corp., in Miami, was charged w...
Posted: Jul 27, 2023
New cannabis products like gummies, drinks and new consumables bring the promise of exponential growth and the normalization of public consumption, promising to significantly reshape the business landscape for insuring cannabis specialists. Four indu...
Posted: Jul 27, 2023
A gas line exploded Tuesday near a highway in rural western Virginia, but no injuries were reported, according to local officials. TC Energy said it was notified of a fire after there was a pressure drop in its Columbia Gas …
Posted: Jul 27, 2023
The collapse of a New York City garage in April was caused by the negligence of the owners of the building, according to their insurer, State Farm, which is suing them to recover $1.5 million in payments to the garage’s …
Posted: Jul 27, 2023
Physicians Insurance A Mutual Company reported a security incident affecting the personal information for some third-party contractors and the health information for some of its insureds’ patients. “Although we have no evidence to suggest...
Posted: Jul 27, 2023
Brian Hill, 64, and Leslie Hill, 68, a husband and wife from Bakersfield, California, were charged with multiple felony counts of insurance fraud and conspiracy after a California Department of Insurance investigation reportedly found the couple unde...
Posted: Jul 26, 2023
This post is part of a series sponsored by AgentSync. As Florida’s state-backed insurer of last resort takes on more than a million policies, Colorado considers devising its own insurance scheme to provide coverage for those no longer eligible...
Posted: Jul 26, 2023
OSHA has awarded Cardinal IG Waxahachie, a glass manufacturer and provider based in Waxahachie, Texas, with a “Star” designation for excellence in workplace safety and health management. The action follows an OSHA audit at the companyR...
Posted: Jul 26, 2023
Louisiana Gov. John Bel Edwards and the Office of Community Development announced that homeowners impacted by Hurricanes Laura, Delta, Ida and the May 2021 severe storms have until August 1 to complete the Restore Louisiana Homeowner Assistance Progr...
Posted: Jul 26, 2023
Valley Insurance Agency Alliance (VIAA), a cohesive family of more than 160 independent insurance agencies in Missouri and Illinois, was recently named a platinum tier member in Previsor Insurance and Missouri Employees Mutual signature partner progr...
Posted: Jul 26, 2023
ST. PAUL, Minn. (AP) – Minnesota Vikings first-round draft pick Jordan Addison told the state trooper who clocked him going 140 mph in a 55 mph zone last week that he was speeding because of an emergency involving his dog. …
Posted: Jul 26, 2023
Wall Street’s top regulator on Wednesday was poised to adopt new rules requiring publicly traded companies to disclose hacking incidents, a measure officials said was being taken to help the investing public contend with the mounting cost and f...
Posted: Jul 26, 2023
Embroker announced a partnership with password-management provider Dashlane and cyber insurer Cowbell to increase customer security and expand cyber liability coverage. “Through Cowbell and Dashlane, we are not only able to support our customer...
Posted: Jul 26, 2023
Florida-based Brown & Brown Inc. (BRO), a global insurance broker, reported second-quarter earnings of $190.4 million. The Daytona Beach company said it had profit of 67 cents per share. Earnings, adjusted for costs related to mergers and acquisi...
Posted: Jul 26, 2023
Mississippi Gov. Tate Reeves has requested financial assistance from the federal government for 16 counties hit by tornadoes and damaging storms that hammered the state over a five-day period in June, he announced Monday. Reeves` office said the stat...
Posted: Jul 26, 2023
A drought emergency was declared in a dozen counties of Washington state because of early snowmelt, a lack of spring rain and low-flowing streams. Some wells in Whatcom County in the northwestern part of the state are dry, and one …
Posted: Jul 26, 2023
Some Florida Keys coral reefs are losing their color weeks earlier than normal this summer because of record-high water temperatures, meaning they are under stress and their health is potentially endangered, federal scientists said. The corals should...
Posted: Jul 26, 2023
An Atlanta suburb is trying to recover nearly $800,000 that it lost in an email scam. The losses became public knowledge after they were discussed in an audit report presented at a Thursday meeting Employees sent a total of $1,219,287, …
Posted: Jul 26, 2023
National specialty insurance broker Risk Strategies has acquired Castle Rock Capacity, a property/casualty insurance broker with a specialty in the construction, real estate and development industries. Headquartered in New York City, Castle Rock was...
Posted: Jul 26, 2023
Digital insurance agency Nsure.com said today it secured a strategic investment from insurance-focused fund Pelican Ventures, a private firm founded by Renaissance Re founder Jim Stanard and TigerRisk founder Rod Fox. Fox has agreed to join NsureR...
Posted: Jul 26, 2023