Insurance Journal
Several mining companies have temporarily halted operations and exploration activities in eastern Canada as unprecedented wildfires rage. Iron Ore Co. of Canada, which is majority owned by Rio Tinto Group, is in the process of idling operations at th...
Posted: Jun 07, 2023
A federal appeals court has denied insurance broker Towers Watson a rehearing of a May ruling that found it may not be entitled to $80 million in insurance to cover settlements of shareholder lawsuits related to the merger between Towers …
Posted: Jun 07, 2023
The top U.S. securities regulator sued cryptocurrency platform Coinbase on Tuesday, the second lawsuit in two days against a major crypto exchange, in a dramatic escalation of a crackdown on the industry and one that could dramatically transform a ma...
Posted: Jun 07, 2023
Guy Carpenter announced the appointment of Laurent Rousseau to the newly created position of Guy Carpenter CEO of EMEA and Global Capital Solutions, effective September 4, 2023. Rousseau will be located in London and will report to Dean Klisura, Guy...
Posted: Jun 07, 2023
Insurers are in the risk business, but how prepared are they for the risks presented by generative AI and chatbots in insurance? On this episode of The Insuring Cyber Podcast, Tim Johnson, partner at law firm Browne Jacobson, discussed how …
Posted: Jun 07, 2023
Award to be presented June 14 at IICF Inclusion in Insurance Global Conference in New York Los Angeles, May 30, 2023 – The Insurance Industry Charitable Foundation (IICF), a unique nonprofit organization dedicated to helping communities and enriching...
Posted: Jun 07, 2023
In recent weeks, executives of brokers and carriers have been delivering mixed messages about conditions in the commercial insurance market. “The long curve, the larger trend, is bending in a positive direction for buyers.” John Drummond,...
Posted: Jun 07, 2023
Cyclist fatalities reached a multi-decade high in 2021. According to a recent report from the National Highway Traffic Safety Administration, 966 pedal cyclists were killed in traffic crashes in 2021. That marked the most deaths in one year since 197...
Posted: Jun 07, 2023
This post is part of a series sponsored by AgentSync. With a slew of recent financial institution failures, it’s an important time for insurers to put solvency front of mind. Throughout March of 2023, the world anxiously watched as a …
Posted: Jun 07, 2023
The owner of several Key West staffing companies is on his way to prison after a federal judge sentenced him to more than two years for hiring unauthorized alien workers and failing to pay taxes on their wages. Batyr Myatiev, …
Posted: Jun 07, 2023
Portland, Oregon will remove tents blocking sidewalks under a tentative settlement in a lawsuit brought by people with disabilities who said sprawling homeless encampments prevent them from navigating Oregon’s most populous city. The federal cl...
Posted: Jun 07, 2023
The biggest achievement at the annual United Nations climate summit last year was committing to create a fund that would compensate the poorestcop28 for destruction wrought by global warming. One of the questions at the upcoming COP28 summit will be...
Posted: Jun 07, 2023
Child sexual abuse survivors pressed Pennsylvania lawmakers Monday to move ahead with opening a two-year window for them to file otherwise outdated lawsuits over their claims, but a partisan fight in the Legislature kept the proposal bottled up with...
Posted: Jun 07, 2023
A Vermont school district will reinstate a middle school soccer coach who was suspended for misgendering a transgender female athlete, and will delete any reference to bullying investigations from his daughter’s school record, under the settlem...
Posted: Jun 07, 2023
At first glance, it would be tempting to write off ventures like Behavior Labs or reepher, as consumer-oriented endeavors with little more than passing interest for insurance professionals specializing in cannabis. reepher, for example, is s a new ty...
Posted: Jun 07, 2023
A blast of air and dust from the implosion of two smokestacks at a shuttered coal-fired power plant in western Pennsylvania last week felled power poles and caused damage to nearby homes. But the demolition company is vowing full repairs. …
Posted: Jun 07, 2023
The U.S. Securities and Exchange Commission on Tuesday sued Coinbase, accusing the largest U.S. cryptocurrency platform of operating illegally because it failed to register as an exchange, in another blow to the crypto industry. The lawsuit is the SE...
Posted: Jun 06, 2023
Nevada Insurance Commissioner Scott Kipper has filed legal action with the Nevada District Court to place Friday Health Plans of Nevada under regulatory supervision. The action will enable Kipper to assume oversight and management of the day-to-day o...
Posted: Jun 06, 2023
A federal workplace safety inspection at another Dollar General store, this time in Lamesa, Texas, found exit routes and walkways blocked and merchandise unsafely stacked, conditions that exposed employees and others to fire hazards and struck-by inj...
Posted: Jun 06, 2023
DES MOINES, Iowa (AP) – The bodies of three men have been removed from the site of a collapsed six-story apartment building in Davenport, Iowa, about a week after part of the century-old structure tumbled to the ground, the city’s …
Posted: Jun 06, 2023
Skyward Specialty Insurance Group, Inc announced that The Westaim Corporation is offering 3,850,000 shares of the Company’s common stock in an underwritten public offering. In addition to The Westaim Corporation, certain other stockholders (the...
Posted: Jun 06, 2023
Hub International Limited announced that it has acquired the employee benefits assets of HORAN Associates, Inc. and HORAN Smart Business, LLC (collectively HORAN Health). Terms of the transaction were not disclosed. With HORAN Health, Hub creates a n...
Posted: Jun 06, 2023
Ryan Specialty announced it has signed a definitive agreement to acquire certain assets of Point6 Healthcare, LLC (“Point6”), a distributor of medical stop loss insurance, pharmacy solutions, and complex claims management on behalf of ret...
Posted: Jun 06, 2023
The Florida Office of Insurance Regulation will hold a rate hearing Thursday, June 8, on Citizens Property Insurance Corporation’s proposed 12.5% average increase for homeowners and larger increases for other types of policies. The state-create...
Posted: Jun 06, 2023
Florida’s insurance commissioner has appointed two longtime veterans of the department to high-level regulatory positions. Virginia Christy’s name will be familiar to anyone who has read Florida Office of Insurance Regulation consent orde...
Posted: Jun 06, 2023