Insurance Journal
Pensionmark acquired Xponential Growth Solutions in San Diego, California. Terms of the deal were not disclosed. XGS is a retirement benefits consultant. Pensionmark is a World Insurance Associates LLC company. Pensionmark is an investment adviser.
Posted: Apr 21, 2023
Insurance broker Marsh announced the launch of “Fast Track,” an insurance facility that will bring a substantial amount of additional “follow form” capacity to its clients globally across major lines of business. Fast Track wi...
Posted: Apr 21, 2023
BLUE ISLAND, Ill. (AP) – About 15 cars of a freight train derailed Wednesday night just south of Chicago. No injuries or leaks were reported and no hazardous materials were involved in the derailment around 9:30 p.m. in Blue Island, …
Posted: Apr 21, 2023
NEW ORLEANS (AP) – A Louisiana energy company has reached a tentative $3.1 million settlement with the federal government over a 2017 Gulf of Mexico oil leak. The agreement, called a consent decree, was filed in federal court in New …
Posted: Apr 21, 2023
Ryan Specialty Holdings has announced that Sara Kendall has joined Ryan Specialty as deputy chief compliance officer. Kendall will support and assist with managing the firm’s global strategic initiatives on ethics, compliance, privacy, and risk...
Posted: Apr 21, 2023
NavSav Insurance has announced the appointment of Matt James as the new senior vice president of sales. With over 15 years of leadership experience in insurance and financial services, James brings a wealth of expertise to NavSav. James assumes the &...
Posted: Apr 21, 2023
Following an investigation by the Iowa Insurance Division’s Fraud Bureau, a Jasper County man and woman have pled guilty to insurance fraud. Jarod Hirbar, age 44, of Kellogg, pled guilty on April 17, 2023, to one count of Fraudulent Submission...
Posted: Apr 21, 2023
Lawyers representing more than 40 former team employees are asking the NFL to make the sale of the Washington Commanders contingent on Dan Snyder not suing people who participated in various investigations. Attorneys Lisa Banks and Debra Katz made th...
Posted: Apr 21, 2023
Call it a new take on assignment of benefits. A South Carolina attorney who used a network of insurance agents and financial advisers has pleaded guilty to defrauding military veterans of more than $31 million in retirement and disability payments, &...
Posted: Apr 21, 2023
Garrett Cammans and his brothers sometimes don’t talk about their toughest moments on the job in the cloud seeding business, like the time when one of them got stuck in deep mountain snow and had to hike out alone in …
Posted: Apr 21, 2023
Filming on the Western movie “Rust” could resume this week in Montana, the production company said Wednesday, in the aftermath of the fatal shooting of a cinematographer during a rehearsal with actor Alec Baldwin on the original productio...
Posted: Apr 21, 2023
INSHUR, a United Kingdom-based global on-demand insurance provider, has acquired American Business Insurance Services in order to expand its operations across the U.S. The company also reported that it completed a capital raise of $26 million, which...
Posted: Apr 21, 2023
INSHUR, a global on-demand insurance provider, has acquired American Business Insurance Services in order to expand its operations across the U.S. The company also reported that it completed a capital raise of $26 million, which was supported by exis...
Posted: Apr 21, 2023
The American Bar Association said an unauthorized third-party gained access to usernames and passwords used by members to access an old website of the association. The ABA said in a statement there is no evidence the personal information obtained was...
Posted: Apr 21, 2023
The Florida House of Representatives has approved a bill that would stiffen penalties for catalytic converter theft and would make it easier to prove intent. Senate Bill 306 now goes to the governor for his signature. The full Senate also …
Posted: Apr 21, 2023
A potential downturn in Canada’s housing market and adjusting to rapid increases in interest rates are among the biggest risks to Canada’s financial system this fiscal year, the country’s financial regulator said on Tuesday [April 1...
Posted: Apr 21, 2023
Insurer Aviva Plc has canceled its membership of the Confederation of British Industry amid a widening scandal at the lobby group Aviva said the CBI was no longer able to represent corporate Britain “in light of the very serious allegations ...
Posted: Apr 21, 2023
A swathe of major UK companies, ranging from banks to supermarkets, have resigned from the Confederation of British Industry as the lobby group fights for survival following a number of allegations of sexual assault among its staff. BT Group Plc, ...
Posted: Apr 21, 2023
Major UK companies have resigned from the Confederation of British Industry as the lobby group fights for survival following a number of allegations of sexual assault among its staff. Aviva Plc said it had quit as the CBI was no …
Posted: Apr 21, 2023
Argo Group International Holdings Ltd. announced that Argo shareholders voted to approve an agreement for Brookfield Reinsurance Ltd. to acquire Argo in an all-cash transaction valued at approximately $1.1 billion. The merger remains subject to other...
Posted: Apr 21, 2023
The record heat and drought hurting European farmers, power utilities and insurers foreshadows even faster change to the continent’s climate, with scientists warning that feedback loops from a drying Earth likely will lead to dangerously high t...
Posted: Apr 21, 2023
An oil tanker company heavily involved in moving Russian oil lost industry standard insurance for its fleet after falling foul of a Group of Seven price cap relating to the transportation of the nation’s barrels. Gatik Ship Management lost so-c...
Posted: Apr 21, 2023
With recent troubles in the banking sector having only minimal impact on his company’s specialty lines results, the chief executive of Travelers devoted a few minutes of an earning conference to describing how insurers stand apart from banks. &...
Posted: Apr 21, 2023
Credit Suisse has lodged a $440 million claim against Japan’s SoftBank Group Corp. in London as it presses ahead with formal proceedings in a dispute borne from the failure of Greensill Capital, a finance firm. The Swiss lender is trying …...
Posted: Apr 21, 2023
Capita Plc, one of the UK’s biggest outsourcing companies, said that customer data may have been stolen during a recent cyberattack. There is “currently some evidence of limited data exfiltration from the small proportion of affected serv...
Posted: Apr 21, 2023