Insurance Journal
JULY 24, 2024
The total direct financial loss facing the US Fortune 500 companies, excluding Microsoft, from the CrowdStrike outage on July 19 is $5.4 billion, modeling and insurance services firm Parametrix estimates.
RiskQuoter
JULY 24, 2024
Navigating life insurance with a mental health condition can be confusing. This guide explains the factors that affect your eligibility and how to find affordable coverage in 2024. The post Life Insurance and Mental Health: Your Complete Guide to Coverage appeared first on RiskQuoter.com.
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Insurance Journal
JULY 24, 2024
Floyd County keeps flooding and the federal government keeps coming to the rescue. In July 2022, at least 40 people died and 300 homes were damaged when the eastern Kentucky county flooded.
Splash: Finance and Insurance
JULY 24, 2024
The complex insurance picture surrounding the so-called dark fleet of tankers trading around the world has become even more unsure.
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Insurance Journal
JULY 24, 2024
Global commercial insurance rates remained flat during the second quarter of 2024 (down from a 1% increase in Q1 2024), according to Marsh’s Global Insurance Market Index.
Insurance Journal
JULY 24, 2024
Typhoon Gaemi claimed the lives of at least four people and forced the evacuation of hundreds of thousands in the Philippines, where parts of Manila are flooded even as the storm moves towards Taiwan.
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
Insurance Journal
JULY 24, 2024
Typhoon Gaemi took aim at China after tearing across the Philippines and Taiwan, where it knocked out power to hundreds of thousands of homes, flooded streets and left at least 24 people dead.
Insurance Journal
JULY 24, 2024
A key US regulator has privately found half of the major banks it oversees have an inadequate grasp of a broad swath of potential risks from cyber attacks to employee blunders, according to people familiar with the matter.
Insurance Journal
JULY 24, 2024
A Louisiana businessman who sent more than 800 elderly residents from his seven nursing homes to ride out Hurricane Ida in a crowded, ill-equipped warehouse pleaded no contest to 15 criminal counts Monday and was sentenced to three years of …
Insurance Journal
JULY 24, 2024
Encova Insurance, headquartered in Columbus, Ohio, named Michelle Shaver as senior vice president, small business, commercial lines, and Carrie Lowe as vice president, package lines underwriting. Shaver most recently was a small business leader for Chubb Insurance.
Insurance Journal
JULY 24, 2024
BHP Group must stop funding legal action seeking to halt some Brazilian municipalities from bringing a multi-billion-pound claim over one of Brazil’s worst environmental disasters, London’s High Court ruled on Tuesday.
Insurance Journal
JULY 24, 2024
A class action lawsuit is being brought on behalf of more than 350,000 policyholders against the California FAIR Plan over smoke damage coverage. Dylan Schaffer, an attorney representing the plaintiffs, told SiliconValley.
Insurance Journal
JULY 24, 2024
NFP, an Aon company and property and casualty broker, benefits consultant, wealth manager and retirement plan advisor, announced the acquisition of Southern Insurance Agency LLC (SIA), a commercial property and casualty broker located in New Orleans.
Insurance Journal
JULY 24, 2024
The number of Japanese citizens fell at the fastest clip last year since data collection began in the 1960s, adding pressure on the nation’s social security system and shrinking labor market.
Insurance Journal
JULY 24, 2024
Jewelers Mutual Group acquired Union Life & Casualty Insurance Agency in Phoenix, Arizona. JM Insurance Agency Partners Inc., a Jewelers Mutual Group company, will join with UL&C.
Insurance Journal
JULY 24, 2024
DAYTONA BEACH, Fla. (AP) — Florida-based Brown & Brown Inc. (BRO), one of the largest U.S. insurance brokerages, this week reported second-quarter net income of $257 million, up from $190 million for the second quarter of last year.
Insurance Journal
JULY 24, 2024
The Connect Group announced the launch of a London-based specialty reinsurer, Stability Re. This follows the formation in September 2023 of Stability Risk, an MGA created to allow Connect Underwriting Ltd.
Insurance Journal
JULY 24, 2024
The wife of a former San Antonio trucking magnate was sentenced this month in a multi-million-dollar fraud scheme. Frances Hall, former co-owner of Bill Hall Jr.
Insurance Journal
JULY 24, 2024
This post is part of a series sponsored by PCF Insurance Services. In this first installment of a three-part series, PCF Healthcare Practice Leader Brian King examines the vital elements of medical malpractice insurance.
Insurance Journal
JULY 24, 2024
Floyd County keeps flooding and the federal government keeps coming to the rescue. In July 2022, at least 40 people died and 300 homes were damaged when the eastern Kentucky county flooded.
Insurance Journal
JULY 24, 2024
JAMESTOWN, N.D. (AP) — Two boys died when the SUV they were in crashed and ended up in a small pond along the side of a highway in North Dakota.
Insurance Journal
JULY 24, 2024
AM Best announced it has withdrawn credit ratings of Mt. Morris Mutual Insurance Company in Coloma, Wisconsin, less than a week after the credit rating agency downgraded the company’s ratings. AM Best said it withdrawn Mt.
Insurance Journal
JULY 24, 2024
A Santa Fe District Court ruling that State Farm and Casualty Co.
Insurance Journal
JULY 24, 2024
Wildfires in Canada’s energy-producing Alberta province are threatening almost 10% of the region’s oil production and forcing the evacuation of one of the country’s largest national parks during the peak summer tourist season.
Insurance Journal
JULY 24, 2024
Democratic U.S. senators on Tuesday introduced a bill designed to undo a ruling last month by the U.S. Supreme Court that curtailed the ability of federal agencies to issue regulations addressing issues including the environment, consumer protection and workers’ rights.
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