Insurance Journal
Torrential downpours unleashed flash floods on the U.S. Northeast on Monday that washed out roadways, overwhelmed rivers, prompted 50 swift boat rescues and killed a woman who was swept away in front of her fiancé, officials said. More than 13 …...
Posted: Jul 11, 2023
This edition of International People Moves details appointments at Allianz Commercial, Banyan Risk and Miller. A summary of these new hires follows here. Allianz Commercial Taps AIG’s Sandric as Leader Asia Region Allianz Commercial announced t...
Posted: Jul 11, 2023
Newton, Kansas-based Conrade Insurance Group (CIG) announces three business acquisitions that have taken place in the first half of 2023, moves the company said expand the firm’s capabilities and strengthen their commitment to client service ex...
Posted: Jul 11, 2023
More than 9 in 10 injured Texas employees returned to work within one year post-injury and 96% returned to work three years post-injury, according to an analysis of return-to-work (RTW) outcomes for the Texas workers’ compensation system. The W...
Posted: Jul 11, 2023
Indonesia’s coast guard said on Tuesday it seized an Iranian-flagged supertanker suspected of involvement in the illegal transshipment of crude oil, and vowed to toughen maritime patrols. The MT Arman 114 was carrying 272,569 metric tons of lig...
Posted: Jul 11, 2023
Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, announced its cyber insurance and technology errors and omissions (E&O) insurance offerings are now available in Quebec. Brokers can receive highly streamlin...
Posted: Jul 11, 2023
WOODBRIDGE, NJ, July 11, 2023 — NIP Group, a specialized insurance and risk intermediary, is proud to announce the development of UtilityPro® a new national insurance program tailored specifically for utility contractors. This program aims to support...
Posted: Jul 11, 2023
CHICAGO (AP) – An SUV traveling the wrong way along a Chicago lakefront road collided with a city bus Sunday morning, killing one of the SUV`s passengers and injuring 15 other people, authorities said. A man was driving a Dodge …
Posted: Jul 11, 2023
A German court will call former Volkswagen AG executives as witnesses in a €9 billion ($9.8 billion) investor lawsuit over the diesel emissions scandal to find out what the top brass knew about the the so-called defeat device used in …
Posted: Jul 11, 2023
The announcement of a nearly $1 billion fine by Chinese regulators on Ant Group has drawn a line under the fintech giant’s woes and given hope to investors that a regulatory crackdown on China’s broader technology sector is over. Ant̵...
Posted: Jul 11, 2023
Aviva, Legal & General and seven other pension firms intend to invest 50 billion pounds ($64 billion) in unlisted companies by 2030 to help the City of London remain a competitive global finance center after Brexit, finance minister Jeremy Hunt &...
Posted: Jul 11, 2023
Some 11,300 claims for damages from riots in France had been filed as of July 7 for a total cost of €650 million ($716 million), the insurers federation said in a statement Tuesday. The number of claims has doubled compared …
Posted: Jul 11, 2023
A fleet of tankers that sprouted up out of nowhere to keep Russia’s oil moving has disbanded even faster than it emerged, underscoring the challenges involved in keeping track of who’s helping Moscow to get its petroleum to buyers around...
Posted: Jul 11, 2023
In a trench 9 feet below the surface, a worker employed by Precision Plumbing LLC was connecting a plumbing line to the municipal sewer in Salina, Kansas in January when he was buried under dirt and rocks after a trench …
Posted: Jul 11, 2023
An Oklahoma judge has thrown out a lawsuit seeking reparations for the 1921 Tulsa Race Massacre, dashing an effort to obtain some measure of legal justice by survivors of the deadly racist rampage. Judge Caroline Wall on Friday dismissed with …
Posted: Jul 11, 2023
Zurich North America introduced a cyber insurance offering designed specifically for middle market businesses. The Zurich Cyber Insurance Policy Concierge Suite includes not only cyber Insurance coverage but also loss-prevention and resilience servic...
Posted: Jul 11, 2023
The backlash against investing strategies that factor in environmental, social and governance issues is rising in the US and is impacting the way managers are thinking about integrating such considerations into their funds, according to a survey by H...
Posted: Jul 11, 2023
Carlos José Báez experienced the full brunt of Hurricane Maria when it made landfall in Puerto Rico as a catastrophic storm in 2017. The auto paint shop owner, who lives in Aguas Buenas, Puerto Rico, saw his home badly damaged …
Posted: Jul 11, 2023
Florida’s beleaguered insurance industry may have turned a corner in 2023, with net income in the black for the first time since 2016 and much smaller underwriting losses than in recent years, according to state regulators’ latest market...
Posted: Jul 11, 2023
NSM Insurance Group acquired Shield Commercial Insurance Services in Palm Desert, California. Shield specializes in insurance solutions for the general contractor and construction liability space. Shield is focused on underwriting business for small...
Posted: Jul 11, 2023
The U.S. National Transportation Safety Board said on Friday it is investigating an engine fire last week on a Boeing BA.N 737-900 MAX plane operated by United Airlines UAL.O at Newark Liberty International Airport in New Jersey. The NTSB said …...
Posted: Jul 11, 2023
President Joe Biden approved a disaster declaration request from Maine, freeing federal aid to help communities recover following a severe storm and flooding in the spring, officials said Friday. The state reported nearly $3 million in infrastructure...
Posted: Jul 11, 2023
Several Acrisure Partners in California, Nevada and Hawaii will rebrand to operate as the firm’s West region led by long-time partners Jennifer Anderson and Dan Michelini. In 2023, the Acrisure kicked off efforts to align under the Acrisure bra...
Posted: Jul 11, 2023
Lawyers for a teacher who was shot by her 6-year-old student in Virginia can start the process of interviewing eyewitnesses, reviewing the boy`s disciplinary files and accessing other records for a $40 million lawsuit against the school system, a jud...
Posted: Jul 11, 2023
Some of the nation`s largest truck makers pledged to stop selling new gas-powered vehicles in California by the middle of the next decade, part of an agreement with state regulators aimed at preventing lawsuits that threatened to delay or block ̷...
Posted: Jul 10, 2023