Insurance Journal
Harter joins Iroquois in Ohio Andy Harter joined Iroquois Mid-Atlantic, headquartered in Midlothian, Va., as regional manager, servicing agents in Ohio. Harter most recently served as a marketing rep for Grange Insurance from his home in Gahanna, Ohi...
Posted: Jul 06, 2023
REESEVILLE, Wis. (AP) __ Investigators are looking into what caused a freight train to derail outside a small village in south-central Wisconsin. The train derailed just west of the village of Reeseville in Dodge County around 2 p.m. Tuesday. the ...
Posted: Jul 06, 2023
REESEVILLE, Wis. (AP) __ Investigators are looking into what caused a freight train to derail outside a small village in south-central Wisconsin. The train derailed just west of the village of Reeseville in Dodge County around 2 p.m. Tuesday. the ...
Posted: Jul 06, 2023
Heavy rains that flooded Chicago neighborhoods, rendered freeways impassable and wreaked havoc on NASCAR street races downtown Sunday are serving as stark reminders of urban centers’ vulnerability during extreme weather events. After a historic...
Posted: Jul 06, 2023
On March 10, 2023, while the majority of Americans were diligently toiling away in their jobs, very few people likely understood the silently ticking time-bomb sitting inside the balance sheets of many of our bank-brethren in our important banking in...
Posted: Jul 06, 2023
Miami, FL, July 6, 2023 – The Latin American Association of Insurance Agencies (LAAIA) is proud to announce its continued partnership with the Spencer Educational Foundation in providing scholarships to top-ranking Latino students aspiring to b...
Posted: Jul 06, 2023
Global insurance broker Arthur J. Gallagher & Co. announced it has acquired Chantilly, Virginia-based The Andersen Group. The Andersen Group is a retail insurance agency serving non-profit trade associations, government contractors and engineerin...
Posted: Jul 06, 2023
AM Best has revised its outlooks to stable from negative and affirmed its Financial Strength Rating of A (Excellent) and Long-Term Issuer Credit Ratings of “a” (Excellent) for the members of Barnstable Group, which includes Barnstable Cou...
Posted: Jul 06, 2023
The Georgia Supreme Court has accepted the voluntary license surrender of a plaintiffs’ attorney who had been in practice for more than 45 years. Richard L. Middleton Jr., of Savannah, acknowledged that he had violated Georgia Bar rules by usin...
Posted: Jul 06, 2023
We learned this week that July 4’s average global temperature of 62.92 degrees Fahrenheit was the world’s hottest day since at least 1979, when the U.S. National Centers for Environmental Prediction began keeping records, and potentially...
Posted: Jul 06, 2023
Capacity was more readily available during the mid-year renewals, which brokers described as “orderly,” in comparison to the turbulent January renewals. At the same time, prices saw some moderating trends while reinsurers continued to mai...
Posted: Jul 06, 2023
Capacity was more readily available during the mid-year renewals, which brokers described as “orderly,” in comparison to the turbulent January renewals. At the same time, prices saw some moderating trends while reinsurers continued to mai...
Posted: Jul 06, 2023
A New Jersey business is not liable for injuries suffered by a customer who falls in its snow-covered parking lot in the middle of a snowstorm, before the lot can be cleared. A Costco Wholesale store in North Plainfield, and …
Posted: Jul 06, 2023
Georgia-based Oakbridge Insurance Agency, one of the largest independent agencies in the country, has continued its growth with the acquisition of JHA Risk Management agency in North Carolina. JHA, based in Rocky Mount, specializes in personal and co...
Posted: Jul 06, 2023
Lockton Adds Jainchill as U.S. Cyber & Technology Product Leader Lockton in New York, N.Y has hired Chuck Jainchill as its U.S. cyber and technology product leader. Jainchill joins Lockton after 16 years at AIG, where he most recently served R...
Posted: Jul 06, 2023
Globs of asphalt binder that spilled into Montana’s Yellowstone River during a bridge collapse and train derailment could be seen on islands and riverbanks downstream from Yellowstone National Park a week after the spill occurred, witnesses rep...
Posted: Jul 06, 2023
Churchill Downs is extending Hall of Fame trainer Bob Baffert’s suspension through 2024, keeping the two-time Triple Crown winner from entering horses in the Kentucky Derby and other races for an additional year. Churchill Downs Inc. announced...
Posted: Jul 06, 2023
State investigators were on site Monday at a North Carolina amusement park after a crack was discovered on a support beam on one of their popular roller coasters. Tommy Petty, chief of the state Department of Labor’s Amusement Device Bureau, &#...
Posted: Jul 06, 2023
U.S. auto safety regulators said on Thursday they are seeking updated responses and current data for an ongoing probe into 830,000 Tesla vehicles and the automaker’s advanced driver assistance system Autopilot. The National Highway Traffic Safe...
Posted: Jul 06, 2023
Specialty MGA UK, a recently formed MGA that is focused on providing additional capacity for specialty lines of business, has been approved as a Lloyd’s coverholder. Coverholder status will allow Specialty MGA UK to be given binding authority b...
Posted: Jul 06, 2023
Spanish authorities are seeking 90 million euros ($98 million) in damages from a Swedish mining company for a major toxic spill near the famed Doñana National Park in 1998. The civil trial that opened Tuesday is hearing the case against …
Posted: Jul 06, 2023
The cyber insurance market potential is huge, with premiums likely to exceed $50 billion by 2030, according to a new report by global insurance broker Howden. With the potential to rival major P&C lines, future growth will be centered on …
Posted: Jul 06, 2023
Arthur J. Gallagher & Co. announced that its UK-based specialist underwriting subsidiary Pen Underwriting has acquired Norwegian managing general agent (MGA) Fender Marine AS. Terms of the transaction were not disclosed. Based in Bergen and Oslo,...
Posted: Jul 06, 2023
Panama expects international financial-crime watchdog FATF to remove it this October from a watch list for nations deemed to be doing too little to fight money laundering, the country’s deputy finance minister said, adding that other intergover...
Posted: Jul 06, 2023
British cybersecurity officials are investigating an alleged cyberattack on a group of hospitals in London that has led to the disclosure of confidential documents online. A gang of Russian-speaking cybercriminals known as ALPHV, or BlackCat, claimed...
Posted: Jul 06, 2023