Insurance Journal
JULY 18, 2024
An incident at the Vineyard Wind offshore wind energy project this week that scattered shards of fiberglass across Massachusetts beaches was the latest in a series of failures involving wind turbines built by GE Vernova.
Redbird Agents
JULY 18, 2024
Redbird Training - We offer live Redbird training classes for Producers every Tuesday and Thursday. When it comes to buying insurance of any type, there are a myriad of choices and variables you must wade through to find the policy that works best for you. That’s no different when it comes to final expense insurance, with dozens of options major insurers offer.
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Insurance Journal
JULY 18, 2024
A new report warns that compounding natural disasters introduce new, interconnected, and complex risk scenarios — and points to a need to reimagine efforts that support disaster preparedness, mitigation, and recovery “in an era of intensifying extreme weather-climate events and …
Central Insurance
JULY 18, 2024
Understand the factors influencing restaurant insurance costs, how to select the appropriate coverage types and cost-saving strategies, and what to look for in an insurance provider. The post How Much Does Restaurant Insurance Cost? Factors That Affect Your Rate appeared first on Central Insurance Blog.
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Insurance Journal
JULY 18, 2024
Drawn guns. Thrown rocks. Threatening messages. Houston’s prolonged outages following Hurricane Beryl has some fed-up and frustrated residents taking out their anger on repair workers who are trying to restore power across the city.
Frankenmuth Insurance
JULY 18, 2024
You never know when you’ll lose power. But when you do, do you know where your emergency supplies are? Are you fully stocked with first aid and food? Would you be able to access the things you need to be safe in the dark? Our experts collected nine essential items you need to have on hand — that are handy — for any upcoming power outages. When you lose power , stay prepared with: Flashlights.
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
Insurance Journal
JULY 18, 2024
Intense heat that has been baking parts of the interior Western U.S. is expected to expand into the Pacific Northwest in the coming days, raising the risk of heat-related illnesses and new wildfires, according to an AccuWeather media advisory.
Insurance Journal
JULY 18, 2024
Two large oil tankers were on fire on Friday in waters near Singapore, the world’s biggest refueling port, with two crew members airlifted to hospital and others rescued from liferafts, authorities said.
Insurance Journal
JULY 18, 2024
Hard market conditions in the global non-life insurance sector will continue this year, but will begin to ease in 2025, as general inflation and claims inflation conditions soften, according to Swiss Re in a report, which discusses the macroeconomic factors …
Insurance Journal
JULY 18, 2024
Insurance broker Marsh McLennan reported second quarter net income of $1.125 billion, an 8.7% increase from $1.035 billion reported during Q2 2023. Operating income rose 13% to $1.6 billion. Q2 earnings per share increased 10% to $2.
Insurance Journal
JULY 18, 2024
The Ohio city of East Cleveland must pay a $30 million jury verdict awarded to a man who police wrongly assaulted, arrested and detained, the state’s highest court has ordered.
Insurance Journal
JULY 18, 2024
HORSESHOE BEACH, Fla. (AP) — Lisa Bregenzer’s waterfront home was her “little slice of heaven.” She watched sunsets and migrating birds from the porch, the Gulf of Mexico in the distance.
Insurance Journal
JULY 18, 2024
The recent floods in southern Germany will cost insurers an estimated €1.568 billion (US$1.7 billion), according to PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data.
Insurance Journal
JULY 18, 2024
This edition of International People Moves details appointments at Liberty Mutual Re and H.W. Kaufman Group London. A summary of these new hires follows here.
Insurance Journal
JULY 18, 2024
First, a North Carolina man filed a claim with Farm Bureau Insurance. Then he threatened three insurance agents with violence when he wasn’t paid as much as he expected, according to state authorities and one of the insurance agents.
Insurance Journal
JULY 18, 2024
EASTON, Md. (AP) — The pilot of a small plane died Tuesday morning after an engine failure caused the aircraft to crash into a river on Maryland’s Eastern Shore, authorities said.
Insurance Journal
JULY 18, 2024
A U.S. judge dismissed most of a Securities and Exchange Commission lawsuit accusing software company SolarWinds of defrauding investors by concealing its security weaknesses before and after a Russia-linked cyberattack targeting the U.S. government. U.S.
Insurance Journal
JULY 18, 2024
Four insurance companies, unable to escape a duty to defend a New York hotel where a young woman was secretly videotaped in the shower in 2015, have reached a settlement in the case that made headlines around the world.
Insurance Journal
JULY 18, 2024
Shares of Texas-based insurance broker TWFG, Inc. begin trading on the Nasdaq Global Select Market today under the symbol TWFG. TWFG said it expects to realize gross proceeds of $187 million and net proceeds of approximately $168.
Insurance Journal
JULY 18, 2024
Angola will sell stakes in its largest insurer and in the local unit of Standard Bank Group Ltd. this year, as the oil-producing nation moves ahead with a privatization program to raise cash and diversify the economy.
Insurance Journal
JULY 18, 2024
BARNEGAT, N.J. (AP) — A fast-moving forest fire broke out Tuesday at a major military gunnery range in southern New Jersey, but no injuries or property damage has been reported. The New Jersey Forest Fire Service responded around 2:15 p.m.
Insurance Journal
JULY 18, 2024
Oklahoma has become the 13th U.S. state to detect bird flu in dairy cows, the U.S. Department of Agriculture confirmed on Monday, though the state said the infection happened months ago.
Insurance Journal
JULY 18, 2024
DETROIT (AP) — A Detroit-area county agreed to a $7 million settlement in the death of a man who was severely beaten by another man while in jail for a misdemeanor.
Insurance Journal
JULY 18, 2024
The booming non-bank financial industry has created excessive leverage that poses financial stability risks, and more reforms are needed to tackle it, including improving disclosure of positions, a Bank of England regulator said on Thursday.
Insurance Journal
JULY 18, 2024
HUDSON, N.Y. (AP) — The race is on to keep a 150-year-old lighthouse from crumbling into the Hudson River.
Insurance Journal
JULY 18, 2024
This post is part of a series sponsored by PCF Insurance Services.
Insurance Journal
JULY 18, 2024
Vermont’s governor on Tuesday urged residents to report any damage from last week’s flooding to the state, even if they plan to do repairs themselves, so that counties can meet the threshold for individual federal assistance.
Insurance Journal
JULY 18, 2024
Few people ultimately opted out of the $600 million class action settlement Norfolk Southern offered to people affected by last year’s disastrous East Palestine train derailment despite the questions residents raised about the deal, lawyers said.
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