Insurance Journal
Arthur J. Gallagher & Co. announced the acquisition of Sioux Falls, South Dakota-based Hagan Insurance Group. Terms of the transaction were not disclosed. Hagan Insurance Group provides insurance member benefits and financial management to profes...
Posted: Jul 25, 2023
SAN ANTONIO (AP) – An early morning house fire in San Antonio killed three people and injured three others, the city`s fire chief said. One woman died at the scene and two others – an adult and a child – …
Posted: Jul 25, 2023
BATON ROUGE, La. (AP) – Louisianans whose personal information was exposed in a massive data breach that affected the state`s Office of Motor Vehicles last month, will receive one year of free credit monitoring and identity theft protection, Gov. Joh...
Posted: Jul 25, 2023
Watkins Hires Loftis as Director of Sales and Carrier Relations Watkins Insurance Group, headquartered in Austin, Texas, hired H. Lee Loftis as the new director of sales and carrier relations. Lofits has over 45 years of insurance industry experience...
Posted: Jul 25, 2023
The fact is, catastrophe losses are a part of an insurers’ financial results and not a line item to be dismissed, said W. Robert Berkley Jr, president and chief executive of W.R. Berkley Corp during a recent conference call on …
Posted: Jul 25, 2023
The state of Delaware is going to the Supreme Court in its fight with the Internal Revenue Service (IRS) over the release of information on captive insurers. This fight has placed Delaware’s state regulation of insurance and its authority to &#...
Posted: Jul 25, 2023
Elon Musk plans to ask the U.S. Supreme Court to consider whether the Securities and Exchange Commission overstepped its authority in enforcing a consent decree that he has called a “muzzle” on his free speech. Musk would be appealing a &...
Posted: Jul 25, 2023
A 3.8 magnitude earthquake shook a northern Arizona town Sunday afternoon but there was no immediate word on any injuries or damage, the United States Geological Survey confirmed. The USGS said the small quake struck near Chino Valley, just north ...
Posted: Jul 25, 2023
Georgia authorities said a 34-year-old woman has been charged with arson and child cruelty after she forced her stepchild to light fire to her home in order to collect insurance payments. Courtney Sellers, of Screven, in southeast Georgia, was arrest...
Posted: Jul 25, 2023
An Alabama firefighter who was shot inside his fire station will be laid to rest today, providing a small measure of closure after what authorities have called a targeted attack that left another fireman critically wounded. News outlets reported that...
Posted: Jul 25, 2023
A half-century ago, the nation`s top health experts urged the federal agency in charge of mine safety to adopt strict rules protecting miners from poisonous rock dust. The inaction since – fueled by denials and lobbying from coal and other …
Posted: Jul 25, 2023
Philippine authorities on Tuesday evacuated hundreds of people in coastal communities as super typhoon Doksuri intensified in strength, pummeling the north with strong winds and heavy rains before it heads toward Taiwan and China. The southeast Asian...
Posted: Jul 25, 2023
This edition of International People Moves details appointments at Arch Reinsurance Co. and Willis Towers Watson (WTW). A summary of these new hires follows here. Arch Re Co. Appoints Former PartnerRe CUO Schriber as President Arch Reinsurance Co. an...
Posted: Jul 25, 2023
U.S. insurers are adopting numerous strategies to deal with risks from climate change, according to a review out today that gives the first look at how or if insurance companies are adopting the widely used Task Force for Financial Disclosure …
Posted: Jul 25, 2023
Woodbridge, NJ, July 25, 2023 – NIP Group, a renowned specialty insurance provider, is proud to announce the relaunch of its highly successful MaintenancePro® program, tailored specifically for larger residential and commercial office janitoria...
Posted: Jul 25, 2023
U.S. insurer Chubb is in talks to acquire a 49% stake in India’s Kotak General Insurance and has become a more favored suitor than Zurich Insurance Group, two people with direct knowledge of the discussions said. Chubb has an edge …
Posted: Jul 25, 2023
Wildfires and evacuations on the Greek island of Rhodes, and a heat wave blasting much of southern Europe, have raised questions for tourists about their travel insurance coverage. As the threat of fires remains high throughout Greece and heat contin...
Posted: Jul 25, 2023
Accelerant is planning to raise fresh capital next year in a deal that could result in the specialty insurance provider making its debut on the stock market, its CEO and co-founder told Reuters on Monday. The Cayman Islands-based group, which …
Posted: Jul 25, 2023
Environmental law charity ClientEarth’s unsuccessful attempt to sue Shell over its climate strategy shows the difficulties in bringing activist shareholder claims, lawyers said on Monday, after London’s High Court dismissed the case. Clie...
Posted: Jul 25, 2023
Apple on Tuesday found itself the target of a 785-million-pound ($1 billion) class action lawsuit brought by more than 1,500 apps developers in the UK over its App Store fees. Apple’s services business, which includes the App Store, has seen &#...
Posted: Jul 25, 2023
Covington & Burling must identify some clients caught up in a 2020 hack on the law firm to the U.S. Securities and Exchange Commission, a federal judge in Washington ruled on Monday in a case that could impact future cyberattack …
Posted: Jul 25, 2023
In insurance defense attorney Dennis Kass’ world, litigation financing firms lurk behind the scenes, pushing plaintiffs to undergo as much treatment as possible so lawyers can maximize the value of claims. “In a lot of ways, the plaintiff...
Posted: Jul 25, 2023
Almost 30 ships dropped anchor near Ukraine’s crucial Izmail port terminal after Russia destroyed grain warehouses on the Danube River on Monday, data showed, although it was unclear exactly what had caused them to stop. Monday’s pre-dawn...
Posted: Jul 25, 2023
DUAL North America announced Connie Germano as its chief casualty officer. Germano’s appointment comes as DUAL continues to expand its reach and capabilities in the market. Germano will be responsible for overseeing DUAL’s commercial casu...
Posted: Jul 25, 2023
DUAL North America announced Connie Germano as its chief casualty officer. Germano’s appointment comes as DUAL continues to expand its reach and capabilities in the market. Germano will be responsible for overseeing DUAL’s commercial casu...
Posted: Jul 25, 2023