Florida Gov. Ron DeSantis has reappointed venture capitalist Erin Knight to the Citizens Property Insurance Corp. board of governors, the governor’s office announced. Knight, of Coral Gables, was appointed a year ago and is one of three people DeSantis has …
from News Archives - Insurance Journal https://ift.tt/ZQAfwdR
via IFTTT
Sunday, July 31, 2022
Blue Cross Sues Mississippi Med Center Officials for Defamation
Blue Cross & Blue Shield of Mississippi on Thursday said it was suing three employees of the University of Mississippi Medical Center for allegedly spreading false information. The lawsuit is the latest development in a dispute between the state’s largest …
from News Archives - Insurance Journal https://ift.tt/7JBDg4A
via IFTTT
from News Archives - Insurance Journal https://ift.tt/7JBDg4A
via IFTTT
Another View on Florida Ratings Flap; and Petrelli Calls Citizens Re Idea ‘Creative’
The recent brouhaha regarding Demotech and its Financial Stability Ratings (FSRs) of as many as 20 Florida insurers has now come full circle…almost. One important question remains unanswered. Before answering the question, and for those who’ve just joined the discussion, …
from News Archives - Insurance Journal https://ift.tt/3YIGBru
via IFTTT
from News Archives - Insurance Journal https://ift.tt/3YIGBru
via IFTTT
Tank Explosion Severely Burns Six Workers in Mississippi
Six workers suffered severe burns following a Friday morning explosion at a oil drilling storage tank in central Mississippi. The workers sustained burns on at least 50% of their bodies, with one being burned from head to toe, said Minor …
from News Archives - Insurance Journal https://ift.tt/ha4d2im
via IFTTT
from News Archives - Insurance Journal https://ift.tt/ha4d2im
via IFTTT
Takeaways from Our Conversation About Why Most Small-to Mid-Size Cannabis Operators Shun D&O
Directors and officers insurance has been pricey and tough to obtain for cannabis companies since the industry started requiring coverage. D&O is difficult in most business sectors (For more on that check out: “You’ve Heard it Before, so Here it …
from News Archives - Insurance Journal https://ift.tt/0wFbmYC
via IFTTT
from News Archives - Insurance Journal https://ift.tt/0wFbmYC
via IFTTT
Philadelphia’s Well-Known Jim’s Cheesesteaks Shop Damaged by Fire
A fast-moving fire damaged one of Philadelphia’s best-known cheesesteak shops early Friday, but authorities say no injuries were reported. Dozens of firefighters and other emergency responders went to Jim’s Steaks on South Street when the fire was reported around 9:30 …
from News Archives - Insurance Journal https://ift.tt/ijI7BvJ
via IFTTT
from News Archives - Insurance Journal https://ift.tt/ijI7BvJ
via IFTTT
Friday, July 29, 2022
Judge Finds Washington Commissioner Exceeded Authority on Credit Score Ban
Thurston County Superior Court Judge Indu Thomas found that while Washington Insurance Commissioner Mike Kreidler’s rule temporarily banning credit scoring followed the Administrative Procedures Act, but he exceeded his statutory authority. In her ruling, Thomas said the record supplied by …
from News Archives - Insurance Journal https://ift.tt/62nrcER
via IFTTT
from News Archives - Insurance Journal https://ift.tt/62nrcER
via IFTTT
G7 Countries Aim to Have Price Cap on Russia Oil Before Dec. 5, When Sanctions Kick In
The Group of Seven richest economies aim to have a price-capping mechanism on Russian oil exports in place by Dec. 5, when European Union sanctions banning seaborne imports of Russian crude come into force, a senior G7 official said on …
from News Archives - Insurance Journal https://ift.tt/7M3gSGm
via IFTTT
from News Archives - Insurance Journal https://ift.tt/7M3gSGm
via IFTTT
Greensill Capital Sued by 277 Former Employees Over Firm’s Collapse, Job Losses
A group of ex-Greensill Capital employees sued the defunct firm in London, accusing management of unfairly keeping them in the dark about the company’s “imminent danger of collapse.” A group of 277 employees — less than half the UK workforce …
from News Archives - Insurance Journal https://ift.tt/H603oMs
via IFTTT
from News Archives - Insurance Journal https://ift.tt/H603oMs
via IFTTT
Trial Begins in Alex Jones’ Sandy Hook Damages Lawsuit
Conspiracy theorist Alex Jones repeatedly “lied and attacked the parents of murdered children” when he told his Infowars audience that the Sandy Hook Elementary School shooting was a hoax, an attorney for one of the victim’s parents said Tuesday at …
from News Archives - Insurance Journal https://ift.tt/Fy2xVRJ
via IFTTT
from News Archives - Insurance Journal https://ift.tt/Fy2xVRJ
via IFTTT
Thursday, July 28, 2022
AM Best Removes Golden Bear in California from Under Review and Affirms Credit Ratings
AM Best removed from under review with negative implications and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a” (Excellent) of Golden Bear Insurance Co. headquartered in Stockton, California. The …
from News Archives - Insurance Journal https://ift.tt/vWOh30S
via IFTTT
from News Archives - Insurance Journal https://ift.tt/vWOh30S
via IFTTT
Another One: American Traditions Stops New Business in Florida
Another property insurer has halted writing new policies in Florida. For homeowners, condominiums and rental properties, “new business will be paused temporarily until further notice,” American Traditions Insurance explained Thursday in a bulletin to agents around the state. “We will …
from News Archives - Insurance Journal https://ift.tt/bNeuHCg
via IFTTT
from News Archives - Insurance Journal https://ift.tt/bNeuHCg
via IFTTT
Massachusetts Bans Hairstyle Discrimination at School, Work
Legislation to ban discrimination based on natural and protective hairstyles — such as Afros, cornrows or tightly coiled twists — in workplaces, school districts and school-related organizations in Massachusetts was signed into law Tuesday by Republican Gov. Charlie Baker. Black …
from News Archives - Insurance Journal https://ift.tt/Xlh1zUu
via IFTTT
from News Archives - Insurance Journal https://ift.tt/Xlh1zUu
via IFTTT
New Hampshire Joins States Suing Pharmacies Over Role in Opioid Epidemic
The state of New Hampshire sued pharmacy chains Tuesday, becoming the latest government entity seeking to hold them accountable for fueling the nation’s deadly opioid epidemic. The lawsuit filed by Attorney General John Formella calls CVS, Rite Aid, Walgreens and …
from News Archives - Insurance Journal https://ift.tt/Oocqz6X
via IFTTT
from News Archives - Insurance Journal https://ift.tt/Oocqz6X
via IFTTT
Neighbors Complained About Grass Before Texas Fire Disaster
Neighbors of an open field from which a grass fire spread into their suburban Dallas subdivision, destroying nine homes, had complained that the field’s owner wouldn’t mow the grass, officials said this week. The owner had the area in Balch …
from News Archives - Insurance Journal https://ift.tt/9xWrcsK
via IFTTT
from News Archives - Insurance Journal https://ift.tt/9xWrcsK
via IFTTT
Family of 14 Girl Shot By Los Angeles Police Files Lawsuit
The parents of a 14-year-old girl killed by Los Angeles police in a clothing store last year have filed a lawsuit against the department and the officer whose rifle round pierced a dressing room wall. Valentina Orellana Peralta and her …
from News Archives - Insurance Journal https://ift.tt/a06bv1k
via IFTTT
from News Archives - Insurance Journal https://ift.tt/a06bv1k
via IFTTT
Wednesday, July 27, 2022
Potential Class-Action Suit Says Washington Healthcare Provider Failed to Provide Interpreters
Providence St. Joseph Health, the largest healthcare system in Washington state, failed to provide in-person American Sign Language interpreters for deaf patients, leaving them at the mercy of virtual interpreters whose work was often beset by technological difficulties, according to …
from News Archives - Insurance Journal https://ift.tt/x57ZADE
via IFTTT
from News Archives - Insurance Journal https://ift.tt/x57ZADE
via IFTTT
Officials Investigate Missouri Theme Park Worker’s Death
An employee of Silver Dollar City near Branson, Missouri has died from head injuries while working at the park, federal officials said. The employee was hospitalized Wednesday with “head injuries allegedly sustained during maintenance and testing of a rollercoaster,” said …
from News Archives - Insurance Journal https://ift.tt/tYHic04
via IFTTT
from News Archives - Insurance Journal https://ift.tt/tYHic04
via IFTTT
Brown & Brown’s GRP Acquires Insurance Portfolio of WM Brokers Ltd.
Global Risk Partners (GRP), part of Brown & Brown, announced it has acquired the general insurance portfolio of Woodward Markwell Insurance Brokers Ltd. (WM Brokers Ltd). The deal marks GRP’s 100th acquisition since 2013, when the business was founded. Financial …
from News Archives - Insurance Journal https://ift.tt/Xkt2b8D
via IFTTT
from News Archives - Insurance Journal https://ift.tt/Xkt2b8D
via IFTTT
Ford Bronco Engine Failures Prompt US Safety Investigation
Ford Motor Co.’s hot-selling Bronco sport-utility vehicle is the subject of a safety investigation by federal regulators for catastrophic engine failure that can cause the vehicle to lose power at highway speeds. The US National Highway Traffic Safety Administration said …
from News Archives - Insurance Journal https://ift.tt/ID7YuCr
via IFTTT
from News Archives - Insurance Journal https://ift.tt/ID7YuCr
via IFTTT
Tuesday, July 26, 2022
Teva Reaches Proposed $4.35 Billion Settlement of Opioid Lawsuits
Teva Pharmaceutical Industries on Tuesday announced a $4.35 billion proposed nationwide settlement that could resolve thousands of lawsuits over the drugmaker’s alleged role in the U.S. opioid epidemic. The proposal calls for Teva to pay state and local governments up …
from News Archives - Insurance Journal https://ift.tt/QZMJSTn
via IFTTT
from News Archives - Insurance Journal https://ift.tt/QZMJSTn
via IFTTT
California Commissioner Announces Action to Protect Residents from Non-Renewals
California Insurance Commissioner Ricardo Lara on Tuesday sent out a message to residents in Mariposa County who have been ordered to evacuate due to the Oak Fire that they may have homeowners or renters insurance to help with evacuation and …
from News Archives - Insurance Journal https://ift.tt/SUVk3Ew
via IFTTT
from News Archives - Insurance Journal https://ift.tt/SUVk3Ew
via IFTTT
Chubb Q2 Net Income Drops $1 Billion; Books Record Insurance Results
Chubb Ltd. late Tuesday said second quarter net income was about $1.22 billion, more than a 46% fall from $2.27 billion in net income logged during the same period a year ago. The insurer said it lost $565 after tax …
from News Archives - Insurance Journal https://ift.tt/VdCKWnw
via IFTTT
from News Archives - Insurance Journal https://ift.tt/VdCKWnw
via IFTTT
New York Begins $30M Program to Help Municipalities Boost Cybersecurity Efforts
New York State is beginning a $30 million shared services program designed to assist counties with cybersecurity for government systems across the state, including tools to protect against ransomware attacks. In the initial part of the program, New York’s counties …
from News Archives - Insurance Journal https://ift.tt/Tuk8OYi
via IFTTT
from News Archives - Insurance Journal https://ift.tt/Tuk8OYi
via IFTTT
Michigan Department of Insurance and Financial Services Issues Cease and Desist Order Against Company
The Michigan Department of Insurance and Financial Services issued a cease and desist order against Salvasen Health for allegedly acting in violation of the Michigan Insurance Code. Salvasen Health is accused of selling health insurance policies to more than 2,000 …
from News Archives - Insurance Journal https://ift.tt/IO1WwMr
via IFTTT
from News Archives - Insurance Journal https://ift.tt/IO1WwMr
via IFTTT
Monday, July 25, 2022
Court Agrees With Insurer: Amazon Can Be Sued Under New Jersey Product Liability Law
Online marketplace Amazon can be sued under New Jersey product liability law for defective products sold by third-party sellers on its website. The federal district court in New Jersey sided with the New Jersey Manufacturers Insurance Group in its representing …
from News Archives - Insurance Journal https://ift.tt/IxHo6ZD
via IFTTT
from News Archives - Insurance Journal https://ift.tt/IxHo6ZD
via IFTTT
California Private Self-Insured Claim Frequency Hit 14-Year High in 2021
Workers’ compensation claim frequency among California’s private self-insured employers last year hit the highest level since 2007 as both medical-only and indemnity claim volume rose, according to a California Workers’ Compensation Institute review of initial data from the state Office …
from News Archives - Insurance Journal https://ift.tt/XurBxzP
via IFTTT
from News Archives - Insurance Journal https://ift.tt/XurBxzP
via IFTTT
Florida Bar Files New Complaint on Strems Over Settlement and Fee Deal
The plaintiffs’ lawyer that Florida insurers love to hate could see his two-year suspension completed this month. But new allegations by the state Bar could result in new sanctions or even a permanent disbarment. A 25-page complaint filed last month …
from News Archives - Insurance Journal https://ift.tt/EYgWiJP
via IFTTT
from News Archives - Insurance Journal https://ift.tt/EYgWiJP
via IFTTT
‘I’m Calling About Your Auto Warranty’: FCC Says No More, Orders Spam Block
The Federal Communications Commission has ordered phone companies to stop carrying traffic related to robocalls about scam auto warranties. US voice service providers must now “take all necessary steps to avoid carrying this robocall traffic,” or provide a report outlining …
from News Archives - Insurance Journal https://ift.tt/6ruQBZl
via IFTTT
from News Archives - Insurance Journal https://ift.tt/6ruQBZl
via IFTTT
Boy Scouts of America and Girl Scouts Settle Trademark Dispute Over Co-Ed Scouting
The Boy Scouts of America and Girl Scouts have settled their dispute over the Boy Scouts’ right to use the word “scouting” to advertise co-ed programs, according to a filing in Delaware bankruptcy court on Friday. The settlement ends a …
from News Archives - Insurance Journal https://ift.tt/07oQ6T4
via IFTTT
from News Archives - Insurance Journal https://ift.tt/07oQ6T4
via IFTTT
Sunday, July 24, 2022
T-Mobile to Pay $350 Million in Settlement Over Massive Hacking
T-Mobile US Inc. agreed Friday to pay $350 million and spend an additional $150 million to upgrade data security to settle litigation over a cyberattack last year that compromised information belonging to an estimated 76.6 million people. The preliminary settlement …
from News Archives - Insurance Journal https://ift.tt/PrsIAfL
via IFTTT
from News Archives - Insurance Journal https://ift.tt/PrsIAfL
via IFTTT
Former Students Sue Insurers over Alleged Abuse at Georgia Boarding School
Twenty men who said they were sexually abused at a prestigious boarding school in Georgia are now suing the school’s insurance companies for $345 million. The insurers argue that their policies did not cover the alleged abuse and that the …
from News Archives - Insurance Journal https://ift.tt/0F5k3l6
via IFTTT
from News Archives - Insurance Journal https://ift.tt/0F5k3l6
via IFTTT
People Moves: Liberty Names Lopez Managing Partner in California; Montoya Made Strategic Partnership Advisor
The Liberty Company Insurance Brokers named Michael Lopez a managing partner in the firm’s Santa Rosa, California, office. Lopez has more than 20 years of leadership experience. The Liberty Company also added Michelle Montoya as a strategic partnership advisor in …
from News Archives - Insurance Journal https://ift.tt/HIOGx0f
via IFTTT
from News Archives - Insurance Journal https://ift.tt/HIOGx0f
via IFTTT
Gun Rights Groups Seek Injunction Against Delaware Gun Control Legislation
Delaware gun rights groups have filed a federal lawsuit seeking an injunction against recently passed gun control legislation. The Delaware State Sportsmen’s Association filed the lawsuit in U.S. District Court on Wednesday, The News Journal reported. Other groups involved in …
from News Archives - Insurance Journal https://ift.tt/BYJqizG
via IFTTT
from News Archives - Insurance Journal https://ift.tt/BYJqizG
via IFTTT
New Hampshire Enacts Safety Laws to Protect Health Care Workers
Health care facilities in New Hampshire will have to implement and maintain workplace violence prevention programs under a new law. Republican Gov. Chris Sununu signed seven bills into law this week, including a Senate bill designed to require the violence …
from News Archives - Insurance Journal https://ift.tt/Jor7hdH
via IFTTT
from News Archives - Insurance Journal https://ift.tt/Jor7hdH
via IFTTT
Friday, July 22, 2022
Most Commercial Insurance Renewal Rate Changes Remain Up: Ivans Index
Premium renewal rate changes for all major commercial lines of business increased year over year with the exception of the workers’ compensation line, which remained negative, according to the Ivans Index second quarter results. The Index revealed that Q2 experienced …
from News Archives - Insurance Journal https://ift.tt/Qcxznbg
via IFTTT
from News Archives - Insurance Journal https://ift.tt/Qcxznbg
via IFTTT
Judge Says Remington’s Gun Injury Settlement Lacks Sufficient Information
A federal judge in Pennsylvania has declined to approve a settlement between gunmaker Remington Arms and a parent of a child injured when his grandfather’s gun allegedly misfired without the trigger being pulled. U.S. District Judge Yvette Kane found that …
from News Archives - Insurance Journal https://ift.tt/vtQAZ8g
via IFTTT
from News Archives - Insurance Journal https://ift.tt/vtQAZ8g
via IFTTT
Luton Airport Runway Meltdown Shows How Airports Are Vulnerable to Climate Change
The temporary disruption at London’s Luton Airport on Monday when soaring temperatures caused a small section of the asphalt to lift is an example of the challenges airports face in making their infrastructure resilient to climate change, experts say. Below …
from News Archives - Insurance Journal https://ift.tt/ZmipeLD
via IFTTT
from News Archives - Insurance Journal https://ift.tt/ZmipeLD
via IFTTT
Two 100+ Years Old New Hampshire Agencies Merge
Two long-time New Hampshire insurance agencies— The Insurance Center based in Claremont and McCrillis & Eldredge in Newport— announced that their companies are joining forces. The combined organization will continue to operate under both brands and both principals will remain …
from News Archives - Insurance Journal https://ift.tt/WqzRTjP
via IFTTT
from News Archives - Insurance Journal https://ift.tt/WqzRTjP
via IFTTT
Older and Younger Executives Disagree About Remote Work Arrangements
Bosses and workers rarely agree on what matters when it comes to the future of work. But there’s division even within the c-suite, particularly regarding the disparate treatment remote and in-office workers can face. Younger executives cited those inequities as …
from News Archives - Insurance Journal https://ift.tt/qEbvNUB
via IFTTT
from News Archives - Insurance Journal https://ift.tt/qEbvNUB
via IFTTT
Beazley’s H1 Profits Drop but Raises Full-Year Outlook on Cyber Premium Growth
Lloyd’s of London insurer Beazley on Friday reported first-half profits fell on hits to its investment portfolio from market volatility, but raised its full-year profitability guidance on an increase in cyber risk premiums. Beazley, a major cyber insurer, said it …
from News Archives - Insurance Journal https://ift.tt/tNhRdg8
via IFTTT
from News Archives - Insurance Journal https://ift.tt/tNhRdg8
via IFTTT
Travelers’ Income Drops, but Still Beats Profit Estimates on Record Premium Growth
Insurer Travelers Cos. Inc. reported a smaller-than-expected fall in quarterly profit on Thursday, as record premium growth cushioned a hit from higher catastrophe-related claims and lower returns on investments. The company’s core income fell to $625 million, or $2.57 per …
from News Archives - Insurance Journal https://ift.tt/P48ur02
via IFTTT
from News Archives - Insurance Journal https://ift.tt/P48ur02
via IFTTT
Thursday, July 21, 2022
Boston Police Unions Challenge Rules on Use of Force
Two police unions in Boston want to roll back limits on when they can use tear gas, pepper spray and other less-than-lethal crowd control methods, which the City Council implemented last year. The two unions are asking a judge to …
from News Archives - Insurance Journal https://ift.tt/ZWFVm9M
via IFTTT
from News Archives - Insurance Journal https://ift.tt/ZWFVm9M
via IFTTT
Florida Regulators, FAIA Slam Demotech for Reported Plans to Downgrade 17 Carriers
Florida’s top insurance regulators and the Florida Association of Insurance Agents on Thursday blasted the Demotech financial rating firm after the organization reportedly notified 17 insurers that they will soon be downgraded. Demotech President Joe Petrelli said Thursday evening that …
from News Archives - Insurance Journal https://ift.tt/5YIrTo8
via IFTTT
from News Archives - Insurance Journal https://ift.tt/5YIrTo8
via IFTTT
Update: Climate Change Alarm Sounded as Wildfires Rage Across Europe
Emergency services battled wildfires across swathes of southern Europe amid mass evacuations on Wednesday, as warnings sounded in London after Britain’s hottest day that the fight against climate change needed to be stepped up. Hundreds fled in central Italy as …
from News Archives - Insurance Journal https://ift.tt/q89oybx
via IFTTT
from News Archives - Insurance Journal https://ift.tt/q89oybx
via IFTTT
Wednesday, July 20, 2022
Digital Trucking MGA Koffie Raises $11M, Eyes Expansion to 10 States
A Brooklyn, New York-based managing general agency for the trucking and transportation sector has closed an $11 million Series A funding round, bringing the company’s total funding to date to $15.5 million. The round for Koffie Insurance was led by …
from News Archives - Insurance Journal https://ift.tt/u3XVCai
via IFTTT
from News Archives - Insurance Journal https://ift.tt/u3XVCai
via IFTTT
Kentucky Whistleblower Awarded $2 Million After Retaliation Over Agency’s Child Cases
A jury has found in favor of a state social worker who filed a whistleblower lawsuit claiming he was mistreated by supervisors after reporting problems with dozens of child abuse cases. Jurors in Boone County Circuit Court awarded Tim Williams …
from News Archives - Insurance Journal https://ift.tt/gSKleGT
via IFTTT
from News Archives - Insurance Journal https://ift.tt/gSKleGT
via IFTTT
Driver of 18-wheeler Charged After Georgia Crash Kills Two
An Atlanta truck driver is charged with vehicular homicide after a northwest Georgia wreck left two adults dead and three children injured. Joseph Chislom, 47, remained jailed without bail Sunday in Catoosa County after the Friday wreck. Chislom is also …
from News Archives - Insurance Journal https://ift.tt/hwB46kF
via IFTTT
from News Archives - Insurance Journal https://ift.tt/hwB46kF
via IFTTT
Lindberg Released from Prison After Winning New Trial in North Carolina
A North Carolina-based insurance magnate whose convictions on corruption-related counts were overturned by a federal appeals court has been released from prison. Greg Lindberg was let out of a minimum-security prison in Montgomery, Alabama, on Friday, according to the U.S. …
from News Archives - Insurance Journal https://ift.tt/SvFKPMA
via IFTTT
from News Archives - Insurance Journal https://ift.tt/SvFKPMA
via IFTTT
MSP Recovery Scores Another Appeals Court Victory Against Auto Insurers
A Florida law firm that has made a lucrative business out of the Medicare Secondary Payer Act – and disrupted the auto insurance industry in the process – has scored another victory at the federal appeals court level. The 11th …
from News Archives - Insurance Journal https://ift.tt/ZbqHNdU
via IFTTT
from News Archives - Insurance Journal https://ift.tt/ZbqHNdU
via IFTTT
Analysis: Britain’s Proposed Post-Brexit Financial Services Law Underwhelms Industry
Britain’s reform of post-Brexit financial services is more about catching up with rivals than unleashing a “Big Bang 2.0” as it sidesteps calls to cut taxes on banks or ease curbs on hiring foreign staff to keep London a force …
from News Archives - Insurance Journal https://ift.tt/ra8AQ21
via IFTTT
from News Archives - Insurance Journal https://ift.tt/ra8AQ21
via IFTTT
Are MGAs Winning the Insurance Talent War?
With more than 1,000 managing general agents writing roughly $70 billion in direct premiums last year, researchers at Conning believe one growth driver is the fact that the MGA model attracts talent. Conning listed the talent edge as one of …
from News Archives - Insurance Journal https://ift.tt/xuaphSB
via IFTTT
from News Archives - Insurance Journal https://ift.tt/xuaphSB
via IFTTT
NEXT, Thimble Latest Insurtechs to Announce Layoffs This Year
NEXT Insurance and Thimble are the latest insurtechs to lay off part of their workforce this year, with NEXT citing challenging economic conditions and both insurtechs pointing to an increased focus on profitability. NEXT laid off 17% of its workforce …
from News Archives - Insurance Journal https://ift.tt/YOL41qV
via IFTTT
from News Archives - Insurance Journal https://ift.tt/YOL41qV
via IFTTT
Relation Insurance Acquires Maryland’s Insurance, Inc.
Walnut Creek, California-headquartered Relation Insurance Services said it has acquired the assets of Maryland-based Insurance, Inc. Terms of the transaction were not disclosed. Insurance, Inc. provides personal and commercial lines insurance and employee benefits throughout Maryland and is headquartered in …
from News Archives - Insurance Journal https://ift.tt/9s4ylW8
via IFTTT
from News Archives - Insurance Journal https://ift.tt/9s4ylW8
via IFTTT
Britain Initiates Post-Brexit ‘Transformation’ of Financial Services
British financial regulators will have to promote the global competitiveness of the country’s financial sector, though a plan for more government oversight of their work has been put on hold for now, finance minister Nadhim Zahawi said on Tuesday. Zahawi …
from News Archives - Insurance Journal https://ift.tt/5WJSUtE
via IFTTT
from News Archives - Insurance Journal https://ift.tt/5WJSUtE
via IFTTT
Nigeria to Continue $3.5 Billion Civil Claim Against Shell and Eni
Nigeria will continue its $3.5 billion civil claim against Shell Plc and Eni SpA after Italian prosecutors dropped criminal proceedings against the companies, a lawyer representing Africa’s largest crude producer said. The West African country, which joined the case as …
from News Archives - Insurance Journal https://ift.tt/mb6JUpl
via IFTTT
from News Archives - Insurance Journal https://ift.tt/mb6JUpl
via IFTTT
Tuesday, July 19, 2022
Apple Sued Over Antitrust Violations Involving Apple Pay
Apple Inc. was sued on Monday in a proposed class action by payment card issuers accusing the iPhone maker of abusing its market power in mobile devices to thwart competition for its Apple Pay mobile wallet. According to a complaint …
from News Archives - Insurance Journal https://ift.tt/APXQHcm
via IFTTT
from News Archives - Insurance Journal https://ift.tt/APXQHcm
via IFTTT
NTSB: Helicopter Descended Quickly in Deadly Crash During Severe New Mexico Fire Season
Evidence indicates that a helicopter that crashed in northern New Mexico after helping fight a wildfire over the weekend descended at a fast rate, with the craft ending up mangled and in pieces after first hitting the ground upright, the …
from News Archives - Insurance Journal https://ift.tt/bLgyXhl
via IFTTT
from News Archives - Insurance Journal https://ift.tt/bLgyXhl
via IFTTT
Alera Group Acquires DFG 401(k) in Arizona
Alera Group acquired DFG 401(k) Advisors in Phoenix, Arizona. The firm joins Alera Group under the name BCG 401(k) Advisors through Benefit Commerce Group (BCG), an Alera Group company headquartered in Scottsdale, Arizona. The BCG 401(k) Advisors team will continue …
from News Archives - Insurance Journal https://ift.tt/WPM5yC8
via IFTTT
from News Archives - Insurance Journal https://ift.tt/WPM5yC8
via IFTTT
People Moving: Matz to Producer’s; Rafalko to Hylant
Matz Leaves Tower Hill for Producer’s National Donald Matz Jr., the longtime president of Tower Hill Insurance Group in Florida, will soon take over as president and CEO of Producer’s National Corp., an insurance holding company. During his 26-year tenure …
from News Archives - Insurance Journal https://ift.tt/O8yLP3h
via IFTTT
from News Archives - Insurance Journal https://ift.tt/O8yLP3h
via IFTTT
Starbucks Ordered to Pay $9M After Woman Hit in Drive-Thru Lane
Starbucks Corp. has appealed a nearly $9 million verdict rendered against it after a customer was struck by a vehicle in the drive-through lane at a Fernandina Beach, Florida, coffee shop. The driver and the property owner settled claims against …
from News Archives - Insurance Journal https://ift.tt/Ibr5q7X
via IFTTT
from News Archives - Insurance Journal https://ift.tt/Ibr5q7X
via IFTTT
Monday, July 18, 2022
Alera Acquires Vermont’s Noyle Johnson Group
Independent agency Alera Group reports it has acquired Noyle Johnson Group, a Vermont agency with offices in Montpelier, Danville and Bethel. Noyle Johnson Group offers personal and commercial lines of coverage from more than 30 carriers. The agency specializes in …
from News Archives - Insurance Journal https://ift.tt/lwIm10e
via IFTTT
from News Archives - Insurance Journal https://ift.tt/lwIm10e
via IFTTT
Pennsylvania Increases Penalties for Repeat Drunk Drivers
Gov. Tom Wolf signed legislation Monday to increase penalties for motorists who have multiple driving-under- the influence (DUI convictions to try to end what critics call Pennsylvania’s “revolving door” for the most serious drunken drivers. The state Senate passed the …
from News Archives - Insurance Journal https://ift.tt/tikUxPR
via IFTTT
from News Archives - Insurance Journal https://ift.tt/tikUxPR
via IFTTT
Alex Jones Cited Free Speech Rights in Sandy Hook Hoax Lawsuit Deposition
Conspiracy theorist Alex Jones was defiant and cited free speech rights during a lawsuit deposition in April when questioned about calling the Sandy Hook Elementary School shooting a hoax and the effect the statement had on families who lost loved …
from News Archives - Insurance Journal https://ift.tt/CPkSEls
via IFTTT
from News Archives - Insurance Journal https://ift.tt/CPkSEls
via IFTTT
Gazprom Says Nord Stream Gas Pipeline Safety Depends on Turbine From Canada
This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine. Kremlin-controlled energy giant Gazprom said on Wednesday it could not guarantee the safe operation of a critical part of the Nord Stream 1 …
from News Archives - Insurance Journal https://ift.tt/rfuJjBs
via IFTTT
from News Archives - Insurance Journal https://ift.tt/rfuJjBs
via IFTTT
Sunday, July 17, 2022
People: SterlingRisk Aviation Names Larkin VP; Obusek Chief Deputy at NCDOI
SterlingRisk Aviation, based in Destin, Florida, has hired Kris Larkin as vice president and senior account executive. Larkin, who has almost two decades in the aviation insurance business, was previously client service supervisor for Arthur J. Gallagher’s aviation practice. She …
from News Archives - Insurance Journal https://ift.tt/Dz6GVHZ
via IFTTT
from News Archives - Insurance Journal https://ift.tt/Dz6GVHZ
via IFTTT
People: Georgia Agents Elect Iverson President
The Independent Insurance Association of Georgia has installed longtime member Michael Iverson as president of the organization. Iverson is CEO of the M.D. Iverson Group, an insurance agency in Fairburn, Georgia. He has previously served as chairman of the IIAG, …
from News Archives - Insurance Journal https://ift.tt/v6ncEJT
via IFTTT
from News Archives - Insurance Journal https://ift.tt/v6ncEJT
via IFTTT
California Surplus Lines Association Lowering Stamping Fee
The Surplus Line Association of California board voted to drop the association’s stamping fee to 0.18%. Effective Jan. 1, 2023, the stamping fee will adjust downward from its current 0.25% level that took effect on Jan. 1, 2020. The stamping …
from News Archives - Insurance Journal https://ift.tt/SxQnTcO
via IFTTT
from News Archives - Insurance Journal https://ift.tt/SxQnTcO
via IFTTT
Man Exonerated in Malcolm X Killing Sues New York City for $40 Million
A man who was exonerated last year in the 1965 assassination of Malcolm X has filed a $40 million lawsuit against New York City for the two decades he spent in prison for a notorious crime he did not commit. …
from News Archives - Insurance Journal https://ift.tt/wSFxXPi
via IFTTT
from News Archives - Insurance Journal https://ift.tt/wSFxXPi
via IFTTT
Takeaways from Our Conversation with a Cannabis Business Plaintiff’s Attorney
Michael Sampson probably hasn’t built a rabid fanbase of followers among insurers and insurance attorneys, but his perspectives on loopholes in coverages and bad faith claims might pique their interest. And what Sampson has built is a reputation as subject …
from News Archives - Insurance Journal https://ift.tt/zhYu1WJ
via IFTTT
from News Archives - Insurance Journal https://ift.tt/zhYu1WJ
via IFTTT
Drought Getting Worse in Southern New England
Southern New England is experiencing worsening drought conditions, government official said, urging residents to voluntarily take steps to reduce their water consumption. Connecticut Gov. Ned Lamont last Thursday declared a Stage 2 drought, based on a recommendation by the state’s …
from News Archives - Insurance Journal https://ift.tt/2lDZj7o
via IFTTT
from News Archives - Insurance Journal https://ift.tt/2lDZj7o
via IFTTT
Friday, July 15, 2022
Lawsuit Challenges New York’s Revised Gun Safety Law
A federal lawsuit challenging part of New York’s new gun law was filed by Republican congressional candidate Carl Paladino, one of multiple legal challenges expected against state handgun licensing rules approved after a recent Supreme Court ruling. New York lawmakers …
from News Archives - Insurance Journal https://ift.tt/N8n5xAO
via IFTTT
from News Archives - Insurance Journal https://ift.tt/N8n5xAO
via IFTTT
Settlement Delays Likely to Worsen UK Motor Insurance Claims Inflation
Delays in motor claims processing may be hiding the true threat of inflation to insurers, according to global broker WTW in a benchmarking report that concludes that UK motor claims inflation is expected to accelerate in 2022. The inflation rate …
from News Archives - Insurance Journal https://ift.tt/tGUA4aw
via IFTTT
from News Archives - Insurance Journal https://ift.tt/tGUA4aw
via IFTTT
Thursday, July 14, 2022
VW Sees EU Top Court Ruling Against Its Emissions Software as Confirmation
Volkswagen’s software that altered car emissions constituted an illegal defeat device in certain driving conditions, the EU’s top court ruled on Thursday, while the automaker said the ruling confirmed its software was legal. The Court of Justice of the European …
from News Archives - Insurance Journal https://ift.tt/cFH8a9f
via IFTTT
from News Archives - Insurance Journal https://ift.tt/cFH8a9f
via IFTTT
Nordic Insurer Finds Longer, More Expensive Trips More Popular Now Than Before COVID
Long-haul travel is back among Danes and even more popular than before the COVID-19 pandemic, as pent-up wanderlust increasingly drives them to venture outside Europe’s borders, Scandinavia’s largest insurer Tryg said on Tuesday. “Whereas last year we traveled a little …
from News Archives - Insurance Journal https://ift.tt/M1SBosg
via IFTTT
from News Archives - Insurance Journal https://ift.tt/M1SBosg
via IFTTT
Virginia Declares State of Emergency Due to Severe Flooding
Virginia Governor Glenn Youngkin declared a state of emergency Wednesday to assist with response and recovery efforts in the wake of heavy rainfall and severe flooding. Officials estimated that 44 people are missing and more than 100 homes have been …
from News Archives - Insurance Journal https://ift.tt/dR9EMUB
via IFTTT
from News Archives - Insurance Journal https://ift.tt/dR9EMUB
via IFTTT
Uber Sued by More Than 500 Female Passengers Over Sexual Assault Complaints
Uber Technologies Inc. is being sued by more than 500 women across the US who claim to have been assaulted by drivers on the platform. The complaint, filed by Slater, Slater, Schulman LLP in San Francisco, alleges that women were …
from News Archives - Insurance Journal https://ift.tt/nFzlJbO
via IFTTT
from News Archives - Insurance Journal https://ift.tt/nFzlJbO
via IFTTT
Allergan, Teva to Pay $54M in San Francisco Opioid Lawsuit
Opioid makers Allergan and Teva have agreed to pay $54 million in cash and overdose reversal drugs to settle a federal lawsuit brought by San Francisco alleging the drug industry fueled an overdose and addiction surge that created a public …
from News Archives - Insurance Journal https://ift.tt/TjHuMAF
via IFTTT
from News Archives - Insurance Journal https://ift.tt/TjHuMAF
via IFTTT
Goodbye Courtroom? Florida Citizens Wants Claims Disputes Heard by Admin Judges
By this time next year, Citizens Property Insurance policyholders and assignees of benefits could see their claims disputes decided, not in county or circuit courts, but by administrative judges who work for a Florida state agency. The Citizens Board of …
from News Archives - Insurance Journal https://ift.tt/m3GNTs4
via IFTTT
from News Archives - Insurance Journal https://ift.tt/m3GNTs4
via IFTTT
Scientist Explains Role of Climate in Record-Breaking Floods
Why is the world seeing more record-breaking floods? The question was asked and answered on Tuesday in an article on the World Economic Forum by Frances Davenport, a postdoctoral research fellow in atmospheric science Colorado State University. Davenport studies how …
from News Archives - Insurance Journal https://ift.tt/KnNv45o
via IFTTT
from News Archives - Insurance Journal https://ift.tt/KnNv45o
via IFTTT
Progress in Ukraine Grain Export Talks Reported; Sanctions, Insurance Among Issues
Ukraine, the United Nations and Turkey hailed progress at talks in Istanbul that aim to resume Black Sea grain exports blocked by Russia and ease the risk of starvation faced by millions, but an end to the war remained far …
from News Archives - Insurance Journal https://ift.tt/1nwjmrR
via IFTTT
from News Archives - Insurance Journal https://ift.tt/1nwjmrR
via IFTTT
Rhode Island Woman Sues Cleaning Firm for Firing Her Because She Was Pregnant
A Rhode Island woman hired to work for a house cleaning service was fired just days later after management found out that she was pregnant, the woman said in a discrimination lawsuit filed Monday. The lawsuit filed by the American …
from News Archives - Insurance Journal https://ift.tt/wsWxnoX
via IFTTT
from News Archives - Insurance Journal https://ift.tt/wsWxnoX
via IFTTT
Wednesday, July 13, 2022
Judge Dismisses Delaware AG’s Suit Against Monsanto Over PCBs
A Delaware Superior Court judge on Monday dismissed a lawsuit filed by the state’s Democratic attorney general against agricultural giant Monsanto Co. over environmental damage from now-banned toxic chemicals known as PCBs. In recent years, PCBs have been at the …
from News Archives - Insurance Journal https://ift.tt/9iVj6YA
via IFTTT
from News Archives - Insurance Journal https://ift.tt/9iVj6YA
via IFTTT
Broker NFP Forms Captive Manager in Canada
Insurance broker NFP has established a captive management firm in Canada following Alberta’s establishment of a regime for captive insurance for organizations wanting to self-insure against risk instead of buying insurance from a third party. The Captive Insurance Companies Act …
from News Archives - Insurance Journal https://ift.tt/G9pLWRA
via IFTTT
from News Archives - Insurance Journal https://ift.tt/G9pLWRA
via IFTTT
Russia Pauses Seizure of Assets of Western Firms Exiting the Country
Note: This content was produced in Russia where the law, where the law restricts coverage of Russian military operations in Ukraine. Moscow’s plan to implement a new law enabling authorities to seize the assets of Western firms leaving the country …
from News Archives - Insurance Journal https://ift.tt/vj6qUL7
via IFTTT
from News Archives - Insurance Journal https://ift.tt/vj6qUL7
via IFTTT
Hong Kong Securities Chief Alder Named Chair of Financial Conduct Authority
The UK Treasury has announced the appointment of Ashley Alder as the new chair of the Financial Conduct Authority (FCA). Alder is currently chief executive officer of the Securities and Futures Commission (SFC) in Hong Kong, a role he has …
from News Archives - Insurance Journal https://ift.tt/JAx8Plq
via IFTTT
from News Archives - Insurance Journal https://ift.tt/JAx8Plq
via IFTTT
Agent’s Plea That Landscaping Includes Tree Removal Fails
A New Jersey insurance agency has failed to convince two courts that a landscape gardening insurance policy for a long-time client was ambiguous enough to also cover tree removal. The agency also struck out with its argument that tree removal …
from News Archives - Insurance Journal https://ift.tt/NxZGqPQ
via IFTTT
from News Archives - Insurance Journal https://ift.tt/NxZGqPQ
via IFTTT
Tuesday, July 12, 2022
Specialty Insurer Mosaic Opens for Business in Canada With Fraser at Helm
Mosaic Insurance is opening an office in Toronto, Ontario and has hired Ian Fraser to spearhead the company’s expansion into the Canadian specialty insurance market. Fraser joins as president of Mosaic Insurance Services Canada Inc., responsible for operational strategy and …
from News Archives - Insurance Journal https://ift.tt/GrWPhM1
via IFTTT
from News Archives - Insurance Journal https://ift.tt/GrWPhM1
via IFTTT
California Firefighters Making Gains in Yosemite Wildfire
California firefighters were gaining ground in the battle against a wildfire that poses a threat to a grove of giant sequoias and a small community in Yosemite National Park. The Washburn Fire on the western flank of the Sierra Nevada …
from News Archives - Insurance Journal https://ift.tt/Vdn9m03
via IFTTT
from News Archives - Insurance Journal https://ift.tt/Vdn9m03
via IFTTT
British Regulator Moves to Reform Standards for Corporate Financial Reporting
Starting in January 2024, company directors will have to give investors stronger reassurance that annual reports are free of fraud after collapses at retailer BHS and builder Carillion, Britain’s accounting watchdog said on Tuesday. The British government said in May …
from News Archives - Insurance Journal https://ift.tt/V5rh87m
via IFTTT
from News Archives - Insurance Journal https://ift.tt/V5rh87m
via IFTTT
Court Says Health Care Workers Suing Maine Governor Must Reveal Identities
Nine health care workers who sued Democratic Maine Gov. Janet Mills over the state’s COVID-19 vaccine mandate have until Money to reveal their identities. The workers have so far remained anonymous, but on Thursday, a federal appeals court in Boston …
from News Archives - Insurance Journal https://ift.tt/tVshx3o
via IFTTT
from News Archives - Insurance Journal https://ift.tt/tVshx3o
via IFTTT
Officials Investigating Recent Vandalism, Fires at Maryland Churches
Investigations are underway into several weekend incidents of apparent arson and vandalism at churches in Maryland, authorities said. Montgomery County authorities said the incidents took place at three churches of different denominations a short distance away from each other in …
from News Archives - Insurance Journal https://ift.tt/MnlNx5I
via IFTTT
from News Archives - Insurance Journal https://ift.tt/MnlNx5I
via IFTTT
Monday, July 11, 2022
Vermont Gov. Scott Names Financial Services, Insurance Regulators
Vermont Governor Phil Scott has appointed Kevin Gaffney as commissioner of the Department of Financial Regulation (DFR) and Emily Brown as the department’s deputy commissioner of insurance. Both appointments are effective immediately. The DFR regulates banking, insurance, securities and captive …
from News Archives - Insurance Journal https://ift.tt/qyzwBr3
via IFTTT
from News Archives - Insurance Journal https://ift.tt/qyzwBr3
via IFTTT
$1.7M Committed for New Mexico Bridge Repair, Flood Mitigation
New Mexico Gov. Michelle Lujan Grisham said the state is committing $1.7 million to repair a collapsed bridge in Roswell and implement additional flood mitigation strategies in the area. Lujan Grisham made the announcement Saturday next to the damaged bridge …
from News Archives - Insurance Journal https://ift.tt/R1AWqvX
via IFTTT
from News Archives - Insurance Journal https://ift.tt/R1AWqvX
via IFTTT
Yosemite Wildfire Growing as California’s Wildfire Season Develops
A wildfire threatening the largest grove of giant sequoias in Yosemite National Park more than doubled in size in a day, and firefighters were working in difficult terrain Sunday to protect the iconic trees and a small mountain town as …
from News Archives - Insurance Journal https://ift.tt/ZBMKOd5
via IFTTT
from News Archives - Insurance Journal https://ift.tt/ZBMKOd5
via IFTTT
Canada Recovering From Major Telecom Outage
TORONTO/OTTAWA, July 8 (Reuters) – Rogers Telecommunications said its network was beginning to recover late on Friday after a 19-hour service outage at one of Canada’s biggest telecom operators shut banking, transport and government access for millions, drawing outrage from …
from News Archives - Insurance Journal https://ift.tt/c314tGJ
via IFTTT
from News Archives - Insurance Journal https://ift.tt/c314tGJ
via IFTTT
China Moves to Improve Domestic, International Standards Across Industries
China on Friday published an action plan to improve domestic standards across industries while increasing its participation in international standard-setting, from smart cities to food safety. The plan details the tasks to be undertaken before the end of 2023 to …
from News Archives - Insurance Journal https://ift.tt/LM0kZ5T
via IFTTT
from News Archives - Insurance Journal https://ift.tt/LM0kZ5T
via IFTTT
China Regulator Says Banks, Insurers to Go ‘All Out’ to Bolster Lending
An official at China’s banking and insurance regulator said authorities will use policy tools “flexibly and precisely” at proper times to stabilize the economy, while banks and insurers will “go all out” to bolster funding. Authorities will support an “appropriate” …
from News Archives - Insurance Journal https://ift.tt/JBYbpus
via IFTTT
from News Archives - Insurance Journal https://ift.tt/JBYbpus
via IFTTT
Sunday, July 10, 2022
Twitter Assembles Legal Team to Sue Musk Over Dropped Takeover
Twitter Inc. has hired merger law heavyweight Wachtell, Lipton, Rosen & Katz as it races to sue Elon Musk for moving to dump his $44 billion takeover of the company, according to people familiar with the matter. The social media …
from News Archives - Insurance Journal https://ift.tt/TpKPx43
via IFTTT
from News Archives - Insurance Journal https://ift.tt/TpKPx43
via IFTTT
An Invasive Creature is (Again) Threatening Florida Crops, Buildings, Trees
Invasive giant African land snails that can eat building plaster and stucco, consume hundreds of varieties of plants and carry diseases that affect humans have been detected once again in Florida, where officials said Thursday work has begun to eradicate …
from News Archives - Insurance Journal https://ift.tt/NOs8mgE
via IFTTT
from News Archives - Insurance Journal https://ift.tt/NOs8mgE
via IFTTT
Florida Insurance Agents Feeling the Heat from Roiling Marketplace
Dan Alexander has seen the worst of the Florida property insurance market from the inside-out – from agents who’ve quit to carriers that have gone insolvent or stopped writing new business, to having to manage policyholders that are mad at …
from News Archives - Insurance Journal https://ift.tt/WiKjaUH
via IFTTT
from News Archives - Insurance Journal https://ift.tt/WiKjaUH
via IFTTT
AM Best Keeps Negative Outlook on Mexico’s Insurance Industry
AM Best said it is maintaining its negative outlook on Mexico’s insurance market segment due to increased levels of inflation and slow GDP growth. AM Best’s analysts project 2% growth for the country’s insurance industry in 2022. The country’s premium …
from News Archives - Insurance Journal https://ift.tt/7MP1WdN
via IFTTT
from News Archives - Insurance Journal https://ift.tt/7MP1WdN
via IFTTT
Friday, July 8, 2022
Takeaways from Our Conversation on Insuring Cannabis Seeds
If you’re looking for a niche within a niche, insuring cannabis seeds be the answer. The U.S. Drug Enforcement Administration declared in a memo issued in April that cannabis seeds that don’t exceed the .3% THC limit do not fall …
from News Archives - Insurance Journal https://ift.tt/fY8jBl1
via IFTTT
from News Archives - Insurance Journal https://ift.tt/fY8jBl1
via IFTTT
Bayer, BASF Win New Trial on $60 Million Damage Award in Weedkiller Lawsuit
Bayer and BASF have won a new trial on $60 million in punitive damages they were ordered to pay a Missouri peach farmer who said dicamba, a herbicide they produced, drifted onto his orchard and harmed his crops. The 8th …
from News Archives - Insurance Journal https://ift.tt/vCDZGPq
via IFTTT
from News Archives - Insurance Journal https://ift.tt/vCDZGPq
via IFTTT
Woman Sentenced to 8 Years in California Medical Fraud Insurance Billing Scheme
A former Southern California woman who, along with her doctor husband, billed insurers $44 million for unnecessary cosmetic surgeries was sentenced to eight years in federal prison. Linda Morrow, 70, also was ordered to pay $14 million in restitution. She …
from News Archives - Insurance Journal https://ift.tt/sBSXKFI
via IFTTT
from News Archives - Insurance Journal https://ift.tt/sBSXKFI
via IFTTT
Thursday, July 7, 2022
People Moves: IMA Select in Colorado Names Harvath President; IOA Adds Armstrong
IMA Select in Colorado named Sandy Harvath president. Harvath has been with IMA Financial Group since 2003, most recently serving as the president of its Colorado market. She began her career at IMA as construction account manager and progressed to …
from News Archives - Insurance Journal https://ift.tt/xJ7cO9C
via IFTTT
from News Archives - Insurance Journal https://ift.tt/xJ7cO9C
via IFTTT
Favorable Weather Aids in Fight Against California Wildfire
Favorable weather early Wednesday aided the fight against a wildfire in California’s Gold Country that has forced evacuations in two counties. The Electra Fire had burned 6.4 square miles of rural terrain but it was now 40% contained without any …
from News Archives - Insurance Journal https://ift.tt/8elvqKc
via IFTTT
from News Archives - Insurance Journal https://ift.tt/8elvqKc
via IFTTT
Lloyd’s Insurer Probitas Starts Underwriting Cyber
Probitas 1492, the Lloyd’s insurer, has started underwriting cyber insurance with Richard Taylor, head of Cyber & Technology, focusing the book of business on complex small-and-medium-sized enterprises (SME), up to large single risks. “We have spent the past couple of …
from News Archives - Insurance Journal https://ift.tt/Tn1ariJ
via IFTTT
from News Archives - Insurance Journal https://ift.tt/Tn1ariJ
via IFTTT
Cybersecurity Firm Group-IB to Split Russian, International Businesses
Cybersecurity outfit Group-IB will split its Russian and international business into two separate companies in a bid to maintain a presence in both the Russian and overseas markets, the company said on Wednesday. (Reuters issued a statement with this article: …
from News Archives - Insurance Journal https://ift.tt/qCtdxy1
via IFTTT
from News Archives - Insurance Journal https://ift.tt/qCtdxy1
via IFTTT
Ryan Specialty Expands European Presence With Launch of Madrid Office
Ryan Specialty announced it has opened an office in Madrid as a next step in the evolution of the firm’s transactional risk managing general underwriter, Ryan Specialty Transactional Risks International. Madrid is the firm’s third European/UK office, the second in …
from News Archives - Insurance Journal https://ift.tt/5bEQmuZ
via IFTTT
from News Archives - Insurance Journal https://ift.tt/5bEQmuZ
via IFTTT
Wednesday, July 6, 2022
UK Government Chaos Sparks Fears in City of London of More Post-Brexit Limbo
City of London executives have expressed anxiety that the turmoil rocking the UK government may delay or derail post-Brexit reforms aimed at boosting competition and growth. The resignations of Chancellor Rishi Sunak and John Glen, economic secretary to the Treasury, …
from News Archives - Insurance Journal https://ift.tt/204Cl5k
via IFTTT
from News Archives - Insurance Journal https://ift.tt/204Cl5k
via IFTTT
Independent Agency Customer Platform GloveBox Raises $5.5 Million
GloveBox, which provides independent agencies with a platform for aggregating insurance policy documents, regardless of carrier, in one centralized location, announced it has raised $5.5 million in Series A funding. The Denver-based insurtech serves as a client experience platform (CXP) …
from News Archives - Insurance Journal https://ift.tt/v1JsSjo
via IFTTT
from News Archives - Insurance Journal https://ift.tt/v1JsSjo
via IFTTT
Miami Jury Orders Bar That Served Drunken Driver to Pay $96M in Damages
A Miami-Dade jury has returned one of the largest verdicts ever in an automobile accident, awarding $95 million in damages plus attorneys’ fees to a South Florida family whose daughter was killed and whose son was catastrophically injured by a …
from News Archives - Insurance Journal https://ift.tt/cqhklBn
via IFTTT
from News Archives - Insurance Journal https://ift.tt/cqhklBn
via IFTTT
Southeast Business Moves: Risk Strategies, Acrisure, Alabama Agencies
Risk Strategies Expands on Florida’s East Coast Risk Strategies, a national specialty insurance brokerage and risk management firm based in Boston, has acquired Sebastian Insurance Group of Florida. Sebastian, headquartered in Sebastian, Florida, on the state’s eastern coast, offers policies …
from News Archives - Insurance Journal https://ift.tt/vJDYwza
via IFTTT
from News Archives - Insurance Journal https://ift.tt/vJDYwza
via IFTTT
Pennsylvania Republican Campaigns on False Nursing Home COVD Claim
Doug Mastriano, Pennsylvania’s Republican nominee for governor, has made a campaign staple out of the allegation that Democratic Gov. Tom Wolf’s policy of readmitting COVID-19 patients from hospitals to nursing homes caused thousands of deaths — a baseless claim for …
from News Archives - Insurance Journal https://ift.tt/uzREJ3C
via IFTTT
from News Archives - Insurance Journal https://ift.tt/uzREJ3C
via IFTTT
How Simulation Lab at Maryland Hospital Trains Staff for Emergencies
The patients at a new training lab for UPMC Western Maryland staff can’t draw a breath, though it might seem like they can by the rise and fall of their chests. The hospital recently opened up its new simulation lab, …
from News Archives - Insurance Journal https://ift.tt/o7VvMKh
via IFTTT
from News Archives - Insurance Journal https://ift.tt/o7VvMKh
via IFTTT
EU Lawmakers Pass Landmark Rules to Rein in Tech Giants, but Enforcement a Concern
EU lawmakers gave the thumbs up on Tuesday to landmark rules to rein in tech giants such as Alphabet unit Google, Amazon, Apple, Facebook and Microsoft, but enforcement could be hampered by regulators’ limited resources. In addition to the rules …
from News Archives - Insurance Journal https://ift.tt/iDQdcqj
via IFTTT
from News Archives - Insurance Journal https://ift.tt/iDQdcqj
via IFTTT
Tesla Software Glitch Affects 59,000 Vehicles Globally: German Road Traffic Agency
FRANKFURT – Germany’s road traffic agency said it was recalling Tesla models Y and 3 because of a fault in the automatic emergency call system that affects 59,000 vehicles globally. The KBA watchdog said on its website dated June 29 …
from News Archives - Insurance Journal https://ift.tt/74V9dBp
via IFTTT
from News Archives - Insurance Journal https://ift.tt/74V9dBp
via IFTTT
Del Vecchio’s Successor Shares Same Vision for Building Generali Into European Leader
Leonardo Del Vecchio’s right-hand man was named on Monday to succeed the Italian billionaire — who died last week — as chairman of the family’s Delfin holding company. Francesco Milleri, the 63-year-old appointed on June 28 to follow Del Vecchio …
from News Archives - Insurance Journal https://ift.tt/cC0ETFN
via IFTTT
from News Archives - Insurance Journal https://ift.tt/cC0ETFN
via IFTTT
UK Travel Insurance Policies May Not Cover Flight Disruptions Due to Strikes: Report
Insurance may not save you from summer travel misery. Four in 10 policies don’t protect against strikes, the UK consumer watchdog Which? reported in its annual review. If your airline goes bankrupt, only half will refund your holiday costs. The …
from News Archives - Insurance Journal https://ift.tt/c6JixM1
via IFTTT
from News Archives - Insurance Journal https://ift.tt/c6JixM1
via IFTTT
Heavy Rains Ease Over Sydney but Floods Continue to Force Evacuations
A wild storm system that has pounded parts of Sydney with torrential rain for four days has moved away from the city, satellite images showed on Wednesday, although rivers remained above danger levels, forcing more evacuations. In Australia’s third major …
from News Archives - Insurance Journal https://ift.tt/ACdgpSc
via IFTTT
from News Archives - Insurance Journal https://ift.tt/ACdgpSc
via IFTTT
Tuesday, July 5, 2022
Nonprofit’s Lawsuit Seeks Access to Baltimore Police Records
A lawsuit recently filed by a Baltimore nonprofit alleges the city department that handles police records is improperly shielding police misconduct documents. The suit brought by the transparency advocacy group Open Justice Baltimore and two journalists alleges the Baltimore Law …
from News Archives - Insurance Journal https://ift.tt/Ru9VMpA
via IFTTT
from News Archives - Insurance Journal https://ift.tt/Ru9VMpA
via IFTTT
Report: Sharp Increase in California Workers’ Comp Med-Legal Costs
Payments for medical-legal services used to resolve medical disputes over compensability issues in California work injury claims have risen sharply under the new Medical-Legal Fee Schedule that took effect last year, a new report shows. The report from the California …
from News Archives - Insurance Journal https://ift.tt/hB7zX45
via IFTTT
from News Archives - Insurance Journal https://ift.tt/hB7zX45
via IFTTT
What Is Causing Australia’s Incessant Rain?
MELBOURNE — Torrential rain is lashing Australia’s southeast coast, forcing thousands of people from their homes because of the danger of floods and landslides in a region battered by major flooding four times in the past 18 months. Some areas …
from News Archives - Insurance Journal https://ift.tt/mLtAHEz
via IFTTT
from News Archives - Insurance Journal https://ift.tt/mLtAHEz
via IFTTT
Shipowners That Still Transport Russian Crude Are Reaping Big Rewards
A handful of shipowners still willing to transport Russian crude are reaping big rewards on at least one route as others shun the trade. Shippers can earn around $1.6 million hauling Russian ESPO oil on a small tanker from the …
from News Archives - Insurance Journal https://ift.tt/Wc5LYx9
via IFTTT
from News Archives - Insurance Journal https://ift.tt/Wc5LYx9
via IFTTT
Torrential Rain Brings More Flooding to Sydney, Forcing Thousands to Evacuate
Thousands of people on the outskirts of Sydney were told to leave their homes or prepare to evacuate as days of torrential rain leads to widespread flooding. With more bad weather on its way, authorities issued dozens of evacuation orders …
from News Archives - Insurance Journal https://ift.tt/12VyBbL
via IFTTT
from News Archives - Insurance Journal https://ift.tt/12VyBbL
via IFTTT
Monday, July 4, 2022
Insurance Technology: OneShield Adds Betterview Analytics; Novidea Takes Certificates of Insurance Digital; Verisk Claims Integrates IMGING Data
Betterview Analytics Now Offered via OneShield Property data firm Betterview, which serves property/casualty insurance companies, is now partnering with core system provider, OneShield Software, to make the its property intelligence and risk management platform available to OneShield’s insurer clients. The …
from News Archives - Insurance Journal https://ift.tt/otyCiDX
via IFTTT
from News Archives - Insurance Journal https://ift.tt/otyCiDX
via IFTTT
Florida Workers’ Comp Admin, Second-Injury Fund Fees to Remain Steady for 2023
The surcharge for Florida’s Workers’ Compensation Administration Trust Fund and for the second-injury fund will remain the same for 2023 – at near-historically low rates. The Division of Workers’ Compensation announced that the assessment on compensation insurers and self-insurers will …
from News Archives - Insurance Journal https://ift.tt/SDTdJHj
via IFTTT
from News Archives - Insurance Journal https://ift.tt/SDTdJHj
via IFTTT
Georgia Construction Company Must Remain Defendant in Wetlands Suit, Court Finds
A federal court in Georgia has refused to dismiss a construction company from a lawsuit over wetlands violations, even though the company did not own the property at the time of the alleged dumping of dredge material. The contractor, TowneClub …
from News Archives - Insurance Journal https://ift.tt/xkyWwa9
via IFTTT
from News Archives - Insurance Journal https://ift.tt/xkyWwa9
via IFTTT
Lawsuits Advance Against Virginia School System Over Sex-Assault Response
FALLS CHURCH, Va. — A pair of lawsuits that for years has plagued Virginia’s largest school system with allegations that it ignored students’ accusations of sex assaults are back in front of federal judges. One of the lawsuits includes allegations …
from News Archives - Insurance Journal https://ift.tt/cDn3gSx
via IFTTT
from News Archives - Insurance Journal https://ift.tt/cDn3gSx
via IFTTT
New York Overhaul of Gun Rules Expected to Draw Legal Challenges
New York lawmakers approved a sweeping overhaul Friday of the state’s handgun licensing rules, seeking to preserve some limits on firearms after the Supreme Court ruled that most people have a right to carry a handgun for personal protection. The …
from News Archives - Insurance Journal https://ift.tt/XzI9F6S
via IFTTT
from News Archives - Insurance Journal https://ift.tt/XzI9F6S
via IFTTT
Friday, July 1, 2022
U.S. Supreme Court Limits Federal Power to Curb Carbon Emissions
Conservative justices power 6-3 ruling; liberals dissent Ruling curbs EPA ability to regulate power plant emissions Biden vows to tackle climate change despite the ruling The U.S. Supreme Court on Thursday imposed limits on the federal government’s authority to issue …
from News Archives - Insurance Journal https://ift.tt/Xr7v6O5
via IFTTT
from News Archives - Insurance Journal https://ift.tt/Xr7v6O5
via IFTTT
Governor, Florida Cat Fund Board Agree to Raise Premiums for Insurers
Florida property insurers have another cost increase to manage after the Florida Hurricane Catastrophe Fund was approved for a premium increase. The fund’s governing body, the State Board of Administration, this month gave final approval to the formula used to …
from News Archives - Insurance Journal https://ift.tt/JWEnTuB
via IFTTT
from News Archives - Insurance Journal https://ift.tt/JWEnTuB
via IFTTT
Gone with the Flo: Progressive Stops Writing DP-3 Policies in Florida
Eight months after it stopped renewing homeowners and rental property policies in Florida, Progressive Insurance announced it will now stop writing new dwelling-fire business in the distressed Florida market. “To ensure a long-term future in Florida, Progressive Home is temporarily …
from News Archives - Insurance Journal https://ift.tt/9oagh5b
via IFTTT
from News Archives - Insurance Journal https://ift.tt/9oagh5b
via IFTTT
Family blames fatal wreck on PennDOT’s failure to fix ditch
Matt Neidlinger crested the hill of a narrow, twisty state road and found a nasty surprise waiting for him at the bottom. The ditch was a couple of feet wide and spanned both lanes, and Neidlinger barely had time to …
from News Archives - Insurance Journal https://ift.tt/U24hXrV
via IFTTT
from News Archives - Insurance Journal https://ift.tt/U24hXrV
via IFTTT
No Injuries Reported in Fire at Maryland Boys’ Summer Camp
THURMONT, Md. (AP) —Crews battled a fire at an overnight summer camp in western Maryland on Wednesday morning, but no injuries were reported, officials said. Firefighters were initially dispatched around 7:30 a.m. for a report of a fire in a …
from News Archives - Insurance Journal https://ift.tt/XAEcCYH
via IFTTT
from News Archives - Insurance Journal https://ift.tt/XAEcCYH
via IFTTT
Subscribe to:
Posts (Atom)