Insurance Journal
A jury has awarded over $600,000 to a former Oregon State University dean who sued the school for whistleblower retaliation. University officials disagree with the verdict issued earlier this month and plan to appeal, Oregon Public Broadcasting repor...
Posted: Mar 01, 2023
California’s coronavirus emergency officially ended Tuesday, nearly three years after Gov. Gavin Newsom issued the nation’s first statewide stay-at-home order and just days after the state reached the grim milestone of 100,000 deaths rela...
Posted: Mar 01, 2023
At least 38 people were killed and 72 more were injured in a train crash in northeast Greece late Tuesday night, a tragedy that prompted the country’s top transportation official to step down. The crash, the country’s worst in decades, &#...
Posted: Mar 01, 2023
At least 36 people were killed in a train crash in northeast Greece and 66 more were injured, the local fire department said. The crash, the country’s worst in decades, took place in the Tempe valley when a passenger train …
Posted: Mar 01, 2023
While the continuously evolving cyber threat landscape is a growing problem for insurers, experts on this episode of The Insuring Cyber Podcast say it’s not an insurmountable one, and empathy and thoughtfulness will be key as insurers seek to t...
Posted: Mar 01, 2023
CNA Hardy, the specialist commercial insurer that operates within the company and Lloyd’s markets, announced the launch of a new portfolio of bespoke package products built specifically for multinational businesses, called “Atlas.”...
Posted: Mar 01, 2023
The Jensten Group has announced its acquisition of the schemes broker, Darwin Clayton, for an undisclosed amount. The deal, which is subject to regulatory approval, brings 44 staff, 2,300 clients and more than £20 million ($23.9 million) in gross wri...
Posted: Mar 01, 2023
Canopius Group, the global specialty re/insurer, announced the opening of a new trading office in Melbourne, Australia. The operation will be led by David Mutton, who joins Canopius as casualty underwriter, APAC with immediate effect. Canopius will i...
Posted: Mar 01, 2023
Howden, the international insurance broker, announced an agreement to acquire Franz Gossler Insurance Group, one of the leading insurance brokers focusing on film and entertainment insurance in Germany and beyond. The transaction has been executed by...
Posted: Mar 01, 2023
Howden, the international insurance broker, announced an agreement to acquire Franz Gossler Insurance Group, one of the leading insurance brokers focusing on film and entertainment insurance in Germany and beyond. The transaction has been executed by...
Posted: Mar 01, 2023
Insurers are about to pay state-owned Bangladesh Shipping Corp. (BSC) $22.48 million for its vessel that was hit by a missile during fighting in Ukraine, two officials involved said on Tuesday. The expected settlement is one of the first shipping ...
Posted: Mar 01, 2023
Drivers in the United States struck and killed 3,434 people in the first half of 2022 – up 5%, or 168 more deaths, from the same period the year before, according to a new analysis from the Governors Highway Safety …
Posted: Mar 01, 2023
Late last year, State Farm’s chief executive broke the news that the auto giant would record the largest underwriting loss in its 100-year history for 2022. On Monday, the news became official with a huge number attached: $13 billion. “We...
Posted: Mar 01, 2023
Plaintiffs’ attorneys took it on the chin when Florida lawmakers in December approved Senate Bill 2A, which ended the practice of one-way attorney fees in property insurance litigation. Now, though, a number of insurance carriers and defense fi...
Posted: Mar 01, 2023
No injuries were reported in a collision between an Amtrak train carrying 66 passengers and a tractor-trailer in Vermont on Monday, state police said. The train, which was traveling from St. Albans to Washington, D.C., hit the trailer section of R...
Posted: Mar 01, 2023
Federal workplace safety inspectors have again cited a Derry, New Hampshire contractor for not protecting their employees against potentially lethal falls, this time at worksites in Merrimack and Salem. The Occupational Safety and Health Administrati...
Posted: Mar 01, 2023
Tesla may receive over $300 million in tax abatements over the next two decades for a massive new expansion of its northern Nevada facility, the product of a 2014 deal for when the company first came to the area on …
Posted: Mar 01, 2023
A cyberattack on a Boston-based labor union’s health fund resulted in the loss of $6.4 million, but it does not appear that the personal information of members was stolen or compromised, union officials said. Federal and local law enforcement a...
Posted: Mar 01, 2023
A company that operates a century-old hydroelectric dam near Mount Rainier National Park and its chief operating officer each pleaded guilty to a single criminal count Monday in connection with a spill of synthetic field turf and the tiny rubber R...
Posted: Mar 01, 2023
Travis joins Brotherhood Mutual Insurance Company as Senior Vice President Brotherhood Mutual Insurance Company, based in Fort Wayne, Indiana, has named Abel Travis its new senior vice president, affiliate operations. Travis will lead agency enterpri...
Posted: Feb 28, 2023
What used to be a rare one-two punch of consecutive hurricanes hitting about the same place in the United States weeks apart seems to be happening more often, and a new study says climate change will make back-to-back storms more …
Posted: Feb 28, 2023
Progressive Corp. posted full-year 2022 net income of $721.5 million, down about 78% from net income of $3.35 billion the prior year, due to losses in its investment portfolio. However, Chief Executive Officer Tricia Griffith in a letter to sharehold...
Posted: Feb 28, 2023
Ohio residents suing Norfolk Southern Corp NSC.N will get an extra day to inspect rail cars that spilled a toxic chemical during a train derailment this month before the company clears the crash site, according to a deal struck by …
Posted: Feb 28, 2023
A long line of quick-moving thunderstorms that produced a swath of damaging wind gusts across northern Texas and Oklahoma late Sunday likely qualified the event as a derecho, although that’s not an official designation, said Nolan Meister, a me...
Posted: Feb 28, 2023
Truck insurers would be able to avoid being named as defendants in lawsuits filed after trucking accidents under a bill moving through the Georgia General Assembly. Senate Bill 191, reported favorably last week by the Senate Transportation Committee,...
Posted: Feb 28, 2023