Insurance Journal
Soon after a tour boat flipped over during a tour of a dimly lit cavern system, leaving one passenger dead, members of another group recalled a similar experience while taking the same tour eight years ago and questioned whether anything …
Posted: Jun 15, 2023
Steve Mangapit, the COO of the Western Growers Family of Cos., has assumed the duties of president of Pinnacle Claims Management Inc. He replaces David Zanze, who retired after 38 years of service at Pinnacle. Mangapit joined WGFC in January …
Posted: Jun 15, 2023
A jury in Oregon this week found the electric utility PacifiCorp responsible for causing devastating fires during Labor Day weekend in 2020, ordering the company to pay tens of millions of dollars to 17 homeowners who sued and finding it …
Posted: Jun 15, 2023
This post is part of a series sponsored by CoreLogic. With the Atlantic Hurricane season starting on June 1 – and lasting through November – it is essential to start preparing for tropical storms and hurricanes. And while hurricanes are …
Posted: Jun 14, 2023
XPT Specialty names Williams VP and Broker XPT Specialty has hired Catrina Williams as vice president and broker in the commercial lines division of XPT’s Texas offices. XPT is headquartered in New York, New York. Williams began her insurance c...
Posted: Jun 14, 2023
The Texas Department of Insurance Division of Workers’ Compensation (DWC) awarded three companies the Lone Star Safety Award for their exemplary workplace health and safety programs and low rates of work-related injuries and illnesses. Among th...
Posted: Jun 14, 2023
NEW ORLEANS (AP) – Authorities in a southwest Louisiana school district have agreed to develop a magnet school in a historically Black school zone to draw students of all races from across the district in a step toward resolving a …
Posted: Jun 14, 2023
EAST LANSING, Mich. (AP) – Two students who were among eight killed or wounded in a winter shooting at Michigan State University are taking steps toward suing the school. Attorneys for Nate Statly and Troy Forbush, who survived the shooting, &#...
Posted: Jun 14, 2023
DAVENPORT, Iowa (AP) – Crews on Monday started demolishing the remains of a six- story apartment building in Davenport, Iowa, that partially collapsed more than two weeks ago, killing three people and leaving dozens homeless. Workers were using...
Posted: Jun 14, 2023
CROWN POINT, Ind. (AP) – A 26-year-old man has been arrested and charged with arson for walking into a northwestern Indiana jail, pouring an accelerant on the floor and starting a small fire, a sheriff said. The man was taken …
Posted: Jun 14, 2023
CROWN POINT, Ind. (AP) – A 26-year-old man has been arrested and charged with arson for walking into a northwestern Indiana jail, pouring an accelerant on the floor and starting a small fire, a sheriff said. The man was taken …
Posted: Jun 14, 2023
he New York author who won a $5 million sexual abuse trial against Donald Trump was allowed to expand an earlier defamation lawsuit to add remarks he made about her on a CNN town hall and seek at least $10 …
Posted: Jun 14, 2023
After seven minor earthquakes were recorded in recent weeks in western North Carolina, the state’s insurance commissioner is encouraging property owners to check with their insurance agents and make sure they’re covered for natural disast...
Posted: Jun 14, 2023
Guy Carpenter has appointed Matthew McCabe as managing director of cyber broking, based in New York. McCabe rejoins Marsh McLennan from Kivu Consulting, where he was general counsel and risk officer. Previously, he was a senior vice president at Mars...
Posted: Jun 14, 2023
Private equity firm TA Associates is exploring a sale of its stake in Australian insurance broker Honan Insurance Group Pty amid interest from other potential investors, according to people familiar with the matter. TA is working with a financial adv...
Posted: Jun 14, 2023
Commercial property insurance, with double-digit first quarter price increases, led other lines of businesses tracked by WTW’s Commercial Lines Pricing Survey (CLIPS). CLIPS found the aggregate price change for U.S. commercial insurance was up...
Posted: Jun 14, 2023
Embattled North Carolina insurance magnate and businessman Greg Lindberg won’t have to face two criminal trials in the same year, a federal judge has decided. U.S. District Judge Max Cogburn last week agreed to delay Lindberg’s upcoming t...
Posted: Jun 14, 2023
US cyber insurance premiums surged 50% in 2022 as increased ransomware attacks and online commerce drove demand for coverage. Premiums collected from policies written by insurers reached $7.2 billion in 2022 and tripled in the past three years, ratin...
Posted: Jun 14, 2023
Stellantis is recalling more than 354,000 Jeeps worldwide because the rear coil springs can fall off while they’re being driven. The recall covers certain 2022 and 2023 Grand Cherokee and 2021 to 2023 Grand Cherokee L SUVs. The company says ...
Posted: Jun 14, 2023
An environmental group has a $2 million insurance policy on Hawaii’s coral reefs, which is in effect in time for a busier hurricane season that could damage the vital natural resources that are increasingly under threat from climate change. In...
Posted: Jun 14, 2023
Federal wage and hour investigators say a northern California restaurant attempted to use an alleged priest to get employees to admit workplace “sins.” During litigation by the U.S. Department of Labor in federal court, an employee of Che...
Posted: Jun 14, 2023
The U.S. Attorney for Connecticut reports that a New Britain man has pleaded guilty to participating in a stolen catalytic converter trafficking ring. Roberto Alicea pleaded guilty to one count of conspiracy to commit interstate transportation of sto...
Posted: Jun 14, 2023
A London court has ordered a British-registered company to pay more than 800,000 pounds ($1 million) in damages to victims of the 2020 blast at Beirut’s port, a lawyers group in Lebanon said on Monday, in the first such verdict …
Posted: Jun 14, 2023
North Korean hackers stole more than $100 million worth of digital currency in a recent heist affecting users of the Atomic Wallet service, cryptocurrency analytics firm Elliptic said Tuesday. In a blog post, Elliptic said that more than 5,500 digita...
Posted: Jun 14, 2023
The United Nations Development Programme (UNDP) announced the successful binding of insurance coverage for the mission coordinated by the United Nations to prevent over a million barrels of oil spilling into the Red Sea. Securing insurance is a pivot...
Posted: Jun 14, 2023