Insurance Journal
Wesco Insurance, a part of AmTrust, has agreed to settle its dispute with a financial firm that lost millions in retirees’ money in a well publicized 2022 cyber attack. The settlement notice, filed in federal court in Miami, did not …
Posted: Jul 25, 2023
PointeNorth Insurance Group, one of the largest locally owned agencies in the Southeast, has acquired Cooper Insurance & Associates in McDonough, Georgia, the company announced. Cooper, founded in 1988, offers liability, physical damage, cargo, w...
Posted: Jul 25, 2023
On a recent day under the July sun, three men heaved solar panels onto the roof of a roomy, two-story house near the banks of the Kentucky River, a few miles upstream from the state capitol where lawmakers have promoted …
Posted: Jul 25, 2023
When federal workplace safety inspectors returned to a Boston food plant in March 2023, they said they discovered the plant’s operator — Chinese Spaghetti Factory Inc. — still had not installed required safety guards on a dumpling machine’...
Posted: Jul 25, 2023
The topic of a recent California insurance department workshop was the potential use of catastrophe modeling in ratemaking, but carrier representatives and consumers took the opportunity to air concerns about other problems in the state’s insur...
Posted: Jul 25, 2023
When federal workplace safety inspectors returned to a Boston food plant in March 2023, they said they discovered the plant’s operator — Chinese Spaghetti Factory Inc. — still had not installed required safety guards on a dumpling machine’...
Posted: Jul 25, 2023
Florida-based global insurance broker Brown & Brown, Inc. has agreed to acquire Vermont-based wholesale broker New England Excess Exchange (NEEE). The acquisition will be through Bridge Specialty Group, the wholesale insurance division of Brown &...
Posted: Jul 25, 2023
Governor Ned Lamont has submitted a request to the U.S. Department of Agriculture for a federal agriculture disaster declaration for all eight counties in Connecticut due to the significant damage that occurred to farms and crops statewide from flood...
Posted: Jul 25, 2023
A New Hampshire executive pastor has been sentenced to 18 months in prison for stealing about $130,000 from his church to pay off gambling debts and make purchases. Gregory Neal, of Barrington, 45, was sentenced in federal court Wednesday and …
Posted: Jul 25, 2023
More than 30 people were injured when a deck collapsed at a Montana country club during a weekend golf tournament, police and city officials said. The second-story patio floor of Billings` Briarwood Country Club broke and gave way Saturday evening. &...
Posted: Jul 24, 2023
More than 30 people were injured when a deck collapsed at a Montana country club during a weekend golf tournament, police and city officials said. The second-story patio floor of Billings` Briarwood Country Club broke and gave way Saturday evening. &...
Posted: Jul 24, 2023
About the same time that it announced a major pull-back from the Florida and California markets, Famers Insurance also sent thousands of nonrenewal notices to Georgia homeowners. In Georgia, though, the carrier appears to have misunderstood the state...
Posted: Jul 24, 2023
Whether a half-inch granite protrusion on a crosswalk under repair is sufficient to support a negligent claim is a matter for a jury to decide, not a court granting summary judgment for a contractor doing work for a municipality. Furthermore, …
Posted: Jul 24, 2023
Marsh said today that Pat Donnelly has been appointed as president, Marsh Specialty and Global Placement, effective immediately. Donnelly was formerly president of Marsh’s US business since the start of 2022. Prior to that, he was head of Marsh...
Posted: Jul 24, 2023
Alphabet’s Google violated a software developer’s patent rights with its remote-streaming technology and must pay $338.7 million in damages, a federal jury in Waco, Texas decided on Friday. The jury found that Google’s Chromecast an...
Posted: Jul 24, 2023
Allianz Global Corporate & Specialty (AGCS) together with the commercial insurance businesses of local Allianz Property & Casualty (P&C) entities have begun to trade as “Allianz Commercial” in one go-to-market business that of...
Posted: Jul 24, 2023
The biggest professional sports leagues in the United States have dealt with a smattering of hazing issues over the past decade, ranging from NFL offensive lineman Richie Incognito`s bad behavior to Major League Baseball cracking down on rookies dres...
Posted: Jul 24, 2023
A midsummer quiz: Let’s say you read about an area experiencing blistering heat for weeks on end. Heat so hot that in the day, you can’t go outside, and at nighttime it’s still above 90F. Would you cross that off …
Posted: Jul 24, 2023
A new state law allows alcoholic drinks to be sold at college sporting events in Michigan. Gov. Gretchen Whitmer signed legislation last week allowing liquor licenses to be issued to sporting venues at public universities, including Michigan State in...
Posted: Jul 24, 2023
Groundwater containing low levels of radioactive material may have reached the edge of the Mississippi River, the energy company responsible for the leak from its nuclear power plant in Monticello, Minnesota, announced on. Tritium, a radioactive isot...
Posted: Jul 24, 2023
Groundwater containing low levels of radioactive material may have reached the edge of the Mississippi River, the energy company responsible for the leak from its nuclear power plant in Monticello, Minnesota, announced on. Tritium, a radioactive isot...
Posted: Jul 24, 2023
Acrisure said that local partners in its South Region will be rebranded as Acrisure in a continuation of the firm’s global brand roll out. As part of the roll out, Acrisure businesses in Texas, Louisiana, Arkansas and Oklahoma will now …
Posted: Jul 24, 2023
A train derailment in northern Montana spilled freight and left 25 cars tangled up along a major east-west railroad corridor but caused no injuries. The accident comes less than a month after a railroad bridge collapse in southern Montana sent …...
Posted: Jul 24, 2023
Residents of a Tennessee city must keep avoiding using their tap water after diesel fuel being used to power a generator at a treatment plant leaked into a reservoir, officials said Friday. Officials in the Memphis suburb of Germantown first …
Posted: Jul 24, 2023
This edition of International People Moves details appointments at Arch Insurance, Canopius, and Willis Towers Watson (WTW). A summary of these new hires follows here. Arch Promotes Blois to U/W Manager, Hires 3 PI Underwriters Arch Insurance’s...
Posted: Jul 24, 2023