Insurance Journal
BOGALUSA, La. (AP) – Firefighters from departments across southeast Louisiana and nearby areas of Mississippi worked for hours before extinguishing the flames from a massive fire at a sawmill on Lake Pontchartrain’s north shore early Mond...
Posted: Apr 26, 2023
AST PALESTINE, Ohio (AP) – Jeff Drummond spends days and nights alone in a tiny room with fake wood paneling, two small beds and a microwave atop a mini refrigerator that serves as a nightstand – his pickup truck parked …
Posted: Apr 26, 2023
Risk Strategies announced it is finalizing terms of a purchase agreement under which it will purchase the assets of Johnson Insurance Services, a subsidiary of Johnson Financial Group. Following the completion of due diligence, the transaction is exp...
Posted: Apr 26, 2023
World Insurance Associates LLC announced that it acquired the business of Iron Gates Insurance Group LLC (“Iron Gates”) of Haven, Kansas and Anthony, Kansas on March 1, 2023. Terms of the transaction were not disclosed. Iron Gates has bee...
Posted: Apr 26, 2023
A south Florida jury has found Deutsche Bank liable for failing to flag a Ponzi scheme that allegedly forced several Cayman Island companies into bankruptcy and liquidation. The Germany-based global banking firm, which faces another lawsuit over the...
Posted: Apr 26, 2023
A south Florida jury has found Deutsche Bank liable for failing to flag a Ponzi scheme that allegedly forced several Cayman Island companies into bankruptcy and liquidation. The Germany-based global banking firm, which faces another lawsuit over the...
Posted: Apr 26, 2023
The driver of an SUV that crashed into a Massachusetts Apple store, killing one man and injuring nearly two dozen other people, was traveling as fast as 60 miles per hour (96 kilometers per hour) in the seconds before the …
Posted: Apr 26, 2023
As Donald Trump ran for and served as president, over a dozen women publicly accused him of sexual assault and harassment. Most of those claims – all denied by Trump – were never taken to court. None has gone to …
Posted: Apr 26, 2023
A former Connecticut landlord must pay $400,000 to settle a federal lawsuit alleging he violated the Fair Housing Act by sexually harassing and victimizing his female tenants for at least five years, including evicting or threatening to evict those w...
Posted: Apr 26, 2023
QBE Names Davis to Newly Created Position: Global Head of Cyber QBE Insurance Group Limited has appointed Serene Davis to newly the created position global head of cyber. Davis will begin working in the role on May 15. Davis will …
Posted: Apr 26, 2023
Residents of a South Florida waterfront condominium that was deemed unsafe during a recent inspection have until Tuesday morning to evacuate. A building engineer conducting an inspection on April 14 for the Majestic Isle condominium’s required...
Posted: Apr 26, 2023
Residents of a South Florida waterfront condominium that was deemed unsafe during a recent inspection have until Tuesday morning to evacuate. A building engineer conducting an inspection on April 14 for the Majestic Isle condominium’s required...
Posted: Apr 26, 2023
In 2021, distracted driving killed 3,522 people. April is Distracted Driving Awareness Month, and statistics show that distracted driving has become an increasingly common and fatal hazard. According to the National Highway Traffic Safety Administrat...
Posted: Apr 26, 2023
Ping An Insurance (Group) Co. of China Ltd. saw a 48.9% rise in first-quarter net profit as its investment income improved, China’s largest insurer by market value reported on Wednesday. Profit rose to 38.4 billion yuan ($5.55 billion) for the...
Posted: Apr 26, 2023
On this episode of The Insuring Cyber Podcast, two cybersecurity experts shared their inside view of the current cyber risk landscape. “While working in the cybersecurity industry for several years, you get to understand the pain points of CISO...
Posted: Apr 26, 2023
First quarter net income at Chubb Ltd. fell several percentage points to about $1.9 billion as catastrophe losses evened gains in premiums written. P&C underwriting income was about $1.21 billion, down 5.5% from about $1.28 billion the prior year...
Posted: Apr 26, 2023
First quarter net income at Chubb Ltd. fell several percentage points to about $1.9 billion as catastrophe losses evened gains in premiums written. P&C underwriting income was about $1.21 billion, down 5.5% from about $1.28 billion the prior year...
Posted: Apr 26, 2023
This edition of International People Moves details appointments at Hiscox Re & ILS, Berkshire Hathaway Specialty Insurance (BHSI), and Aon’s Reinsurance Solutions A summary of these new hires follows here. Hiscox Re & ILS Hires Hamilton...
Posted: Apr 26, 2023
This post is part of a series sponsored by AgentSync If the U.S. or global economy falls into a recession, it won’t be the first time – nor will it be the last. Despite the urge to take your foot …
Posted: Apr 26, 2023
European Union lawmakers on Tuesday backed rules requiring thousands of large companies to identify and mitigate human rights abuses like child labor or slavery, and environmental damage by suppliers. The European Parliament’s legal affairs com...
Posted: Apr 26, 2023
Security advisers from the North Sea nations agreed to work out a pact to jointly protect critical sub-sea gas pipelines and power cables, telecoms connections and wind farms. Several nations attending the North Sea Summit in Belgium on Monday will &...
Posted: Apr 26, 2023
Moscow has seen “practically no results” from a pact with the United Nations that aimed to help Russia’s grain and fertilizer exports and blamed Western countries for creating a deadlock, Foreign Minister Sergei Lavrov said on Tuesd...
Posted: Apr 26, 2023
British patients are turning to private health care as the National Health Service struggles with mass strikes, long waiting lists and budget constraints. Insurance company Vitality Health Ltd. said its policies cover nearly a million people in the U...
Posted: Apr 26, 2023
Sompo Holdings Inc. will place more focus on integrating domestic and overseas operations for further growth after a spell of acquisitions abroad boosted the global presence of Japan’s No. 3 non-life insurer group, a senior executive said. R...
Posted: Apr 26, 2023
Anonymity is allowing crypto assets to finance illegal activities, a top U.S. regulatory official said on Tuesday, posing national security risks that must be addressed. Christy Goldsmith Romero, a commissioner at the U.S. Commodity Futures Trading C...
Posted: Apr 26, 2023