Insurance Journal

DECEMBER 13, 2024

Ryan Specialty, Chicago-based specialty insurance services firm, announced that Paradiso Risks is joining Alive Risk, Ryan Specialty’s sports, leisure and entertainment managing general underwriter. London-based Paradiso became part of Ryan after its acquisition of Castel Underwriting Agencies in May 2024.

Risk 246

Risk Underwriting Underwriter Insured 246

Property Insurance Coverage Law

DECEMBER 13, 2024

As a follow-up to my post, Everybody Must Follow the LawInsurance Restoration Contractors Need to Stop Acting as Public Adjusters or Face Fines and Class Action Lawsuits, a Consent Order 1 was recently issued by the Iowa Insurance Commissioner in which Darren Reeves and his companies, Darren Reeves Roofing LLC and Darren Reeves Construction LLC, … The post Roofer Agrees to Cease and Desist Consent Order Preventing Advertising and Acting As a Licensed Public Adjuster appeared first on Prope

License 172

License Property Insurance Insured Insurance 172

Insurance Journal

DECEMBER 13, 2024

California Insurance Commissioner Ricardo Lara on Friday announced what he’s calling “first of its kind” catastrophe modeling and ratemaking regulation that will allow carriers to use the models as a factor in setting and getting rates.

Insured 245

Insured Insurance Insurer 245

TGS

DECEMBER 13, 2024

TGS Insurance Blog Jewelry Insurance: Protecting More Than Precious Metals Imagine this: Youve just said yes to the perfect engagement ring, inherited a priceless family heirloom, or splurged on that necklace youve admired for years. These arent just shiny trinketstheyre symbols of love, history, and accomplishment. But have you ever thought about what would happen if the unthinkable occurred?

Protection 52

Protection Theft Insured Insurance 52

Insurance Journal

DECEMBER 13, 2024

American International Group announced it has led the launch of a new reinsurance syndicate at Lloyd’s. Commencing underwriting from Jan. 1, 2025, Syndicate 2478 will be a multi-year participant on AIG’s outwards reinsurance program.

Underwriting 239

Underwriting Underwriter Risk 239

Insurance Marine News

DECEMBER 13, 2024

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Marine round-up : 13th December 2024 appeared first on Insurance Marine News.

Marine 52

Marine Insured Insurance Insurer 52

Insurance Marine News

DECEMBER 13, 2024

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Emissions control in California Ports appeared first on Insurance Marine News.

Marine 52

Marine Insured Insurance Insurer 52

Insurance Journal

DECEMBER 13, 2024

A Lakeland, Florida, woman was charged this week with threatening mass violence after she reportedly told her health insurance company: “Delay, deny, depose. You people are next” echoing words allegedly used by the shooter of the UnitedHealthcare CEO.

Claim 234

Claim Insurance Companies Insured Insurance 234

Insurance Marine News

DECEMBER 13, 2024

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Fall of Assad adds to maritime uncertainty in Eastern Mediterranean appeared first on Insurance Marine News.

Marine 52

Marine Insured Insurance Insurer 52

Insurance Journal

DECEMBER 13, 2024

While publicity about personal auto insurer initiatives has focused chiefly on requested rate increases, there’s more to the picture regarding auto insurers’ efforts to improve underwriting results after two calendar years of record underwriting losses.

Auto Insurance 221

Auto Insurance Underwriting Underwriter Insured 221

Insurance Marine News

DECEMBER 13, 2024

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post US Navy defends three American merchant ships from Houthi attack appeared first on Insurance Marine News.

Marine 52

Marine Insured Insurance Insurer 52

Insurance Journal

DECEMBER 13, 2024

Hub International Limited announced that it has acquired the assets of Hadfield Agency, Inc. (Hadfield Agency). Terms of the transaction were not disclosed.

Commercial 219

Commercial Insurance Agency Insured Insurance 219

Insurance Marine News

DECEMBER 13, 2024

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post RightShip announces revised timeline for vessel inspection age trigger appeared first on Insurance Marine News.

Marine 52

Marine Insured Insurance Insurer 52

Insurance Journal

DECEMBER 13, 2024

The National Rifle Association (NRA) must reform its operations to conform with New York’s not-for-profit law and two of its former executives must pay the NRA $6.35 million in damages plus interest.

Damage 214

Damage 214

Insurance Marine News

DECEMBER 13, 2024

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post EU includes about 50 ships in new package of sanctions against Russia appeared first on Insurance Marine News.

Marine 52

Marine Insured Insurance Insurer 52

Insurance Journal

DECEMBER 13, 2024

Firefighters are getting a better handle on a California wildfire that was threatening the city of Malibu as the winds that fanned the flames begin to subside.

Damage 208

Damage Insured Insurance Insurer 208

Insurance Marine News

DECEMBER 13, 2024

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post HDI Global names Schulte global head of marine appeared first on Insurance Marine News.

Marine 52

Marine Insured Insurance Insurer 52

Insurance Journal

DECEMBER 13, 2024

New York State declared a state of emergency for portions of Western New York, Finger Lakes, Central New York and North Country regions as forecasts call for those areas to receive multiple feet of lake effect snow.

208

208

Insurance Marine News

DECEMBER 13, 2024

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Aon launches 110m Ukraine war risk facility appeared first on Insurance Marine News.

Risk 52

Risk Marine Insured Insurance 52

Insurance Journal

DECEMBER 13, 2024

Cincinnati Financial Corporation, headquartered in Cincinnati, promoted several leaders in its commercial/life operations and personal/specialty operations effective January 1. Sean M.

Commercial 204

Commercial Life Insurance Liability Insured 204

LexisNexis

DECEMBER 13, 2024

USCIS, Dec. 12, 2024 "U.S. Citizenship and Immigration Services (USCIS) is issuing policy guidance in the USCIS Policy Manual regarding the types of evidence that may support an application for a discretionary grant of international entrepreneur parole.

Policy 40

Policy 40

Insurance Journal

DECEMBER 13, 2024

A bill making its way through the Ohio General Assembly would prohibit requiring firearm liability insurance.

Liability Insurance 204

Liability Insurance Liability Insured Insurance 204

LexisNexis

DECEMBER 13, 2024

Julia Ainsley, Didi Martinez, NBC News, Dec. 11, 2024 "The incoming Trump administration intends to rescind a long-standing policy that has prevented Immigration and Customs Enforcement agents from arresting undocumented people at or near so-called sensitive locations, including houses of worship, schools and hospitals or events such as funerals, weddings and public demonstrations without approval from supervisors, according to three sources familiar with the plan.

Policy 45

Policy Agents 45

Insurance Journal

DECEMBER 13, 2024

Texas Attorney General Ken Paxton has filed a notice of violation against Allstate-owned Arity, a mobile data company that collects drivers’ information, for breaching the Texas Data Privacy and Security Act (TDPSA). The Nov.

200

200

Insurance Journal

DECEMBER 13, 2024

Players Health, a provider of athlete safety and sports insurance solutions, has announced the closing of its $60 million Series C funding round.

Insured 182

Insured Insurance Insurer 182

Insurance Journal

DECEMBER 13, 2024

Arthur J. Gallagher, the global insurance brokerage, announced it has acquired Georgia-based Sheila J. Butler & Co., an employee benefits firm.

Insured 172

Insured Insurance Insurer 172

Insurance Journal

DECEMBER 13, 2024

McKinsey & Co has agreed to pay $650 million to resolve a U.S. Department of Justice investigation into the consulting firm’s work advising opioid manufacturer OxyContin maker Purdue Pharma on how to boost sales.

147

147

Insurance Journal

DECEMBER 13, 2024

Eight people and two law firms have been charged in what authorities say was more than a decade-long scheme of staging vehicle crashes in the New Orleans area and then submitting fraudulent insurance claims, leading to what prosecutors allege was …

Insurance Claim 147

Insurance Claim Insured Insurance Insurer 147

Insurance Journal

DECEMBER 13, 2024

Swiss Re is targeting a net income of more than US$4.

147

147

Insurance Journal

DECEMBER 13, 2024

Seven people in South Carolina pleaded guilty this week to a scheme to defraud Aflac Insurance and other insurers out of more than $70,000 by making false claims with forged documents. But they won’t be going to prison.

Claim 147

Claim Insured Insurance Insurer 147

Insurance Journal

DECEMBER 13, 2024

Munich Re is aiming for an IFRS net profit of 6 billion (US$6.3 billion) in 2025 as a result of “consistently good operational performance in all business segments.

Underwriting 147

Underwriting Underwriter 147

Insurance Journal

DECEMBER 13, 2024

The U.S. Department of Labor reported it has obtained a consent judgment against a home healthcare agency and its owner, Teajan Kamara, who had deliberately failed to pay employees their legally earned overtime wages.

Damage 130

Damage Claim 130

Insurance Journal

DECEMBER 13, 2024

Ukraine identified 238 tankers it said belong to a shadow fleet of ships that Russia is using to keep its oil and fuels moving around the world with a view to western authorities sanctioning the carriers.

Marine 130

Marine Insured Insurance Insurer 130

Insurance Journal

DECEMBER 13, 2024

The U.S.

214

214