Insurance Journal
Wright National Flood Insurance Services has announced its entrance into Illinois by introducing an admitted, stand-alone private flood insurance product as the next state in the continued expansion of the company’s ResiFlood program. Wright Re...
Posted: Apr 06, 2023
Skyward Specialty Promotes New VPs in Captives and Programs Divisions Skyward Specialty Insurance Group Inc. has made two promotions in its captives and programs divisions. Ryan Burke has been promoted to vice president, specialty programs. Burke joi...
Posted: Apr 06, 2023
National, insurance network Patriot Growth Insurance Services has added Petschauer Insurance to its organization. Based in Garden City, New York, Petschauer offers property/casualty, employee benefits, life and disability insurance and risk managemen...
Posted: Apr 06, 2023
AUSTIN, Texas (AP) – The Justice Department said Wednesday it has tentatively settled a lawsuit over the 2017 mass shooting at a Texas church that will pay victims and their families more than $144 million. More than two dozen people …
Posted: Apr 06, 2023
NEW ORLEANS (AP) – A lawsuit that Louisiana and other Republican-leaning states filed challenging figures the Biden administration uses to calculate damages from greenhouse gasses was dismissed Wednesday by a federal appeals court. The unanimou...
Posted: Apr 06, 2023
Walsh Construction Co. and Melo’s Rodbusters, Inc. have agreed to pay $1.24 million collectively to resolve False Claims Act allegations that they participated in a fraudulent scheme to take advantage of the federal Disadvantaged Business Enter...
Posted: Apr 06, 2023
A crucial safety system that’s relied on to avoid potentially fatal collisions at major US airports is aging and plagued by outages that have left travelers unprotected for months at a time. At some airports, it hasn’t ever been installed...
Posted: Apr 06, 2023
A crucial safety system that’s relied on to avoid potentially fatal collisions at major US airports is aging and plagued by outages that have left travelers unprotected for months at a time. At some airports, it hasn’t ever been installed...
Posted: Apr 06, 2023
Massachusetts workers’ compensation rates will fall an average 10.2% starting July 1, a considerably bigger reduction than the industry recommended. Insurance Commissioner Gary Anderson signed off on the cut that will save employers an estimate...
Posted: Apr 06, 2023
Maryland Attorney General Anthony G. Brown has released his agency’s report documenting a long history of widespread child sex abuse and systemic cover-up by clergy and others associated with the Archdiocese of Baltimore. The redacted Report on...
Posted: Apr 06, 2023
Maryland Attorney General Anthony G. Brown has released his agency’s report documenting a long history of widespread child sex abuse and systemic cover-up by clergy and others associated with the Archdiocese of Baltimore. The redacted Report on...
Posted: Apr 06, 2023
As trial lawyers and news reports around the state continue to criticize Florida lawmakers for the far-reaching tort-reform passed last month, the Senate Banking and Insurance Committee has approved a bill designed to bring more accountability for pr...
Posted: Apr 06, 2023
As trial lawyers and news reports around the state continue to criticize Florida lawmakers for the far-reaching tort-reform passed last month, the Senate Banking and Insurance Committee has approved a bill designed to bring more accountability for pr...
Posted: Apr 06, 2023
Howden, the London-based insurance broker, announced it has received a license from the Central Bank of Bahrain to establish operations in the Kingdom of Bahrain. Howden said this represents a significant step in the broker’s strategic growth a...
Posted: Apr 06, 2023
Munich Re will not proactively extend coverage for the Nord Stream 1 pipeline when it expires later this year, a spokesperson told Reuters on Thursday. The decision follows an announcement by Allianz on Wednesday that it does not intend to …
Posted: Apr 06, 2023
Thirteen years after the massive Deepwater Horizons spill fouled the Gulf of Mexico, regulators and industry have reduced some risks in deep water exploration in the gulf but some troublesome safety issues persist, a new study by the National Academy...
Posted: Apr 06, 2023
Volkswagen AG has ordered dealers in the U.S. and Canada to stop selling its ID.4 electric SUV because its doors might open while in motion, and the German carmaker doesn’t yet have a fix for the problem. Nearly 18,000 vehicles …
Posted: Apr 06, 2023
Financial services companies would be required to take action if their clients were failing to protect human rights and the environment, a preliminary deal due to be voted on later this month by a panel of European Union lawmakers showed. …
Posted: Apr 06, 2023
Paris will ban electric scooters from September 1, the French capital’s mayor said, after the public voted to remove them from the streets, however e-scooter operators said on Monday [April 3] they hoped to stop the plan. The e-scooter ban R...
Posted: Apr 06, 2023
SPRINGBROOK, N.D. (AP) – An Amtrak passenger train has struck a pickup truck in North Dakota, killing two teenage boys and injuring a third, authorities say. The North Dakota Highway Patrol said the crash happened around 8 p.m. Monday when R...
Posted: Apr 06, 2023
Hub International announced that it has acquired the assets of Horizon Agency, Inc. (Horizon Agency). Terms of the transaction were not disclosed. Located in Eden Prairie, Minnesota, Horizon Agency is an independently owned agency that provides comme...
Posted: Apr 06, 2023
German insurance company Allianz said on Wednesday it does not intend to renew a policy for the Nord Stream 1 project when it expires in late 2023. Allianz said it was part of an insurance consortium that provided coverage for …
Posted: Apr 06, 2023
Global fuel suppliers are turning to longer and costlier routes that produce more carbon emissions to move their diesel and other products as Western restrictions on Russian cargoes have reshuffled global energy shipping patterns. As a result of the...
Posted: Apr 06, 2023
Zurich Insurance Group AG is leaving a coalition of major insurers that have committed to reach net-zero emissions, the second high profile exit from the group in a matter of days. The Swiss insurer said in a statement that it’s …
Posted: Apr 06, 2023
Zurich Insurance Group AG is leaving a coalition of major insurers that have committed to reach net-zero emissions, the second high profile exit from the group in a matter of days. The Swiss insurer said in a statement that it’s …
Posted: Apr 06, 2023