Insurance Journal
A balcony on a high rise condominium on the New Jersey shore collapsed onto a lower balcony, killing a construction worker, authorities said. Officials in Sea Isle City said the eighth-floor balcony at the Spinnaker condominium collapsed onto the sev...
Posted: Feb 27, 2023
Aspire General Insurance, based in Rancho Cucamonga, California, named Byron Storms chairman of the board. Storms has worked in senior leadership positions, including president of National General. He joined Aspire General in 2015 and will continue t...
Posted: Feb 27, 2023
Valley Insurance Agency Alliance Promotes McCoy to Personal Lines Manager at Powers Valley Insurance Agency Alliance (VIAA), a cohesive family of more than 160 independent insurance agencies in Missouri and Illinois, recently promoted Thomas “T...
Posted: Feb 24, 2023
DEER PARK, Texas (AP) – Toxic wastewater used to extinguish a fire following a train derailment in Ohio is headed to a Houston suburb for disposal. “I and my office heard today that `firefighting water’ from the East Palestine, Ohio, R...
Posted: Feb 24, 2023
LITTLE ROCK, Ark. (AP) _ Federal investigators headed to Arkansas Thursday to determine the cause of a small plane crash that killed five employees of an environmental consulting firm. Investigators from the National Transportation Safety Board plann...
Posted: Feb 24, 2023
ST. LOUIS (AP) – A teenage volleyball player from Tennessee had both of her legs amputated after an accident caused by a speeding St. Louis motorist who violated his bond conditions on earlier charges more than 50 times, according to …
Posted: Feb 24, 2023
Soon after federal workplace safety inspectors arrived at a Dollar Tree store in Mount Pleasant, Texas, they found the national discount retailer again shortchanging employee safety – continuing a pattern of disregard dating back to 2017 – by allowin...
Posted: Feb 24, 2023
Insurers are facing half a billion dollars in claims for up to 60 commercial ships still stuck in Ukraine a year after the start of the war with Russia, industry sources said. When the conflict started, more than 90 merchant …
Posted: Feb 24, 2023
Dangerous winter weather ravaged the nation from California through the northern Plains on Thursday, trapping drivers on icy roads, knocking out power to hundreds of thousands and grounding multiple flights. For the first time since 1989, the Nationa...
Posted: Feb 24, 2023
Mass shootings in America invariably raise questions of fault. The police’s delayed response outside an elementary school in Uvalde, Texas. A district attorney’s failure to prosecute the alleged Club Q shooter a year before five were kill...
Posted: Feb 24, 2023
Global corporation ITT has again been denied coverage under its “all-risk” policy for business costs and losses it sustained due to Covid-19. The Second Circuit Court of Appeals has affirmed a ruling by the federal district court for Conn...
Posted: Feb 24, 2023
Mass shootings in America invariably raise questions of fault. The police’s delayed response outside an elementary school in Uvalde, Texas. A district attorney’s failure to prosecute the alleged Club Q shooter a year before five were kill...
Posted: Feb 24, 2023
“Stabilization” and “moderation” continued to be the operative words for premium increases in the commercial property/casualty market, but many clients remain concerned about future hikes, according to the newest survey from T...
Posted: Feb 24, 2023
A Florida television station identified Thursday a 24-year-old reporter who was fatally shot while covering a shooting death in an Orlando area neighborhood, as well as its photojournalist who was critically injured in the rampage. Spectrum News 13 r...
Posted: Feb 24, 2023
Ukraine will offer compensation for possible damages to civilian vessels entering its ports, Deputy Prime Minister Oleksandr Kubrakov said on Friday, as Kyiv tries to boost exports that are vital for its war-hit economy. Ukraine is a major producer a...
Posted: Feb 24, 2023
Georgia lawmakers are watering down a bill to allow heavier trucks on state highways after widespread opposition to the original measure by state and local officials. Rep. Steven Meeks, a Screven Republican, described the changes as “just reall...
Posted: Feb 24, 2023
A fire that broke out Wednesday at the Y-12 National Security Complex in a building where uranium is processed has been contained, officials said. The fire at the facility in Oak Ridge, Tennessee, was reported shortly after 9 a.m. in …
Posted: Feb 24, 2023
The global shipping industry is stepping up calls for the United Nations and aid groups to help evacuate hundreds of seafarers on more than 60 merchant vessels that are still stuck in Ukrainian ports a year after Russia’s invasion. In …
Posted: Feb 24, 2023
Ten years ago this week, Wells Media announced the launch of CarrierManagement.com. Mark Wells, executive chair of Wells Media Group, introduced the brand explaining, “There are other publications that target the executive suite of P/C insuranc...
Posted: Feb 24, 2023
Consilium, the global speciality re/insurance broking business of the Aventum Group, announced the launch of a new Specialty Treaty Reinsurance division. The new treaty division will complement Consilium’s existing worldwide broking operations...
Posted: Feb 24, 2023
Declines in pregnancy- and childbirth-related deaths that took place over a decade and a half have stalled since 2015, as rates increased in some of the world’s wealthiest regions. Maternal mortality increased by 17% in Europe and North America...
Posted: Feb 24, 2023
Chile is finalizing a deal with the World Bank for insurance against high-intensity earthquakes that would impact the country’s fiscal policy and public debt, the Finance Ministry said on Thursday. “The insurance would allow Chile to rece...
Posted: Feb 24, 2023
The story of U.S. personal lines challenges impacting the results of multiline insurers was repeated for Liberty Mutual, which reported underwriting losses and waning policy growth in the segment in 2022. President and Chief Executive Officer Tim Swe...
Posted: Feb 24, 2023
A U.S. train derailment that spilled toxic chemicals in an Ohio town might have been avoided if the railway company’s alarm system had given engineers an earlier warning that bearings were overheating, the chair of the National Transportation S...
Posted: Feb 24, 2023
After last week’s damaging cyclone, New Zealand needs to rebuild with more resilient infrastructure to cope with more frequent and intense weather events, the prime minister said Tuesday. Prime Minister Chris Hipkins has described Cyclone Gabri...
Posted: Feb 24, 2023