Insurance Journal
JULY 11, 2024
North Carolina authorities have charged one woman and are on the lookout for another in connection with a scheme to defraud a State Farm insurance company of more than $195,000.
Frankenmuth Insurance
JULY 11, 2024
Almost all businesses depend on access to computers and the internet, which makes them critical to include in your disaster preparedness plan. But just how well do you know your information technology? If your company uses technology to conduct business, communicate with customers, or retrieve important information, find out how to keep yourself covered.
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Insurance Journal
JULY 11, 2024
Heffernan Insurance Brokers acquired Costello Insurance Associates in Tempe, Arizona. Pat Costello and his team of five employees will continue to service their new and existing customers Costello services clients throughout the U.S.
McMahon Insurance Agency
JULY 11, 2024
Prepare your business for hurricane season with these essential steps. Safeguard operations, protect assets, and ensure continuity in the face of severe weather.
Insurance Journal
JULY 11, 2024
Days after Hurricane Beryl crashed through the city, Houston is still grappling with the aftershocks. Large swaths of America’s fourth-largest city are still without power, shutting stores and snarling traffic at non-functioning lights.
Majesco
JULY 11, 2024
Buying is changing. If we examine what is happening in retail, we can get a glimpse of what customers will be wanting in insurance. Coming to big box stores or a grocery store near you — pick up your item, scan it, and walk out of the store. Your cart or your phone will keep the tally and make the transaction for you. “Transactionless” transactions could become the norm.
Insurance Journal
JULY 11, 2024
A workers’ compensation insurer is entitled to continue to receive reimbursements from the Massachusetts second injury fund even after it stops writing business in the state, the state’s high court has ruled in an opinion reversing itself on the issue.
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Insurance Journal
JULY 11, 2024
A new Vermont-based captive insurer is promising to provide insurance for New York affordable rental housing buildings at a time when advocates say coverage is difficult to afford or obtain. The Milford Street Association Captive Insurance Co.
Insurance Journal
JULY 11, 2024
An Iowa woman was sentenced on July 2, 2024 after pleading guilty to Tampering With Records (Aggravated Misdemeanor) following an investigation by the Iowa Insurance Division’s Fraud Bureau.
Insurance Journal
JULY 11, 2024
Insurers in the United States may take a hit of about $2.7 billion from damage caused by Hurricane Beryl, catastrophe modeling company Karen Clark & Co (KCC) said on Thursday. About 1.
Insurance Journal
JULY 11, 2024
SageSure, a managing general agent specializing in catastrophe-exposed markets in the Southeast and other states, along with its affiliated Anchor Re captive reinsurer and SURE reciprocal, announced they have secured a $60 million catastrophe bond, three months after SageSure closed …
Insurance Journal
JULY 11, 2024
Authorities in Western states warned of the rising risk of wildfires as hot conditions and low humidity dry out the landscape amid a protracted heat wave that is expected to bake much of the U.S. again Thursday.
Insurance Journal
JULY 11, 2024
French shipping and logistics company CMA CGM said on Thursday that its ship “Benjamin Franklin” had lost 44 containers in difficult weather conditions off the coast of South Africa on Tuesday.
Insurance Journal
JULY 11, 2024
U.S. bank regulators fined Citigroup $136 million for making “insufficient progress” fixing data management issues identified in 2020 and required the bank to demonstrate it was putting enough resources toward those efforts.
Insurance Journal
JULY 11, 2024
The National Rifle Association’s former finance czar, Wilson “Woody” Phillips, has been banned for a decade from managing money for any nonprofit company in New York, the state’s attorney general said Tuesday.
Insurance Journal
JULY 11, 2024
NEW ORLEANS (AP) — Lawyers for retired NFL quarterback Brett Favre asked a federal appeals court Tuesday to revive a defamation lawsuit Favre filed against a fellow Pro Football Hall of Fame member, former tight end Shannon Sharpe, amid the …
Insurance Journal
JULY 11, 2024
UK insurer Aviva announced it has completed the acquisition of Probitas Holdings (Bermuda) Ltd., which marks the company’s return to the Lloyd’s market after a hiatus of more than 20 years.
Insurance Journal
JULY 11, 2024
Stacks Insurance Brokerage in Lighthouse Point, Florida, has named Kenny Bordman partner and president of commercial insurance. Bordman has more than a decade in commercial insurance, preceded by years in the U.S.
Insurance Journal
JULY 11, 2024
A La Porte, Texas tank cleaning company faces over $800,000 in fines after the company allegedly disregarded federal safety standards that may have protected their employees from hazardous working conditions and prevented another employee from suffering a fatal injury.
Insurance Journal
JULY 11, 2024
A hard market combined with underwriting capacity from fronting companies allowed for robust growth in the MGA market in 2023, according to a new Conning strategic study.
Insurance Journal
JULY 11, 2024
A federal judge in Texas said on Wednesday he would block the National Labor Relations Board from pursuing claims that Elon Musk’s SpaceX forced workers to sign illegal severance agreements, pending the outcome of the rocket maker’s challenge to the …
Insurance Journal
JULY 11, 2024
Fifth Third Bank agreed this week to pay a $5 million fine for illegally forcing vehicle insurance onto borrowers who had coverage. Fifth Third also agreed to pay a $15 million fine for illegal sales practices.
Insurance Journal
JULY 11, 2024
New classic and modern collector vehicle insurer, OpenRoad, has announced it will begin offering coverage across select U.S. states on Monday, July 15, 2024.
Insurance Journal
JULY 11, 2024
Climate change is expected to increase the frequency and severity of floods in the U.S.
Insurance Journal
JULY 11, 2024
Honeywell did not violate workplace anti-discrimination laws by firing a white engineer who refused to participate in mandatory diversity, equity and inclusion training after the Black Lives Matter movement began, a U.S. appeals court ruled on Wednesday. The 7th U.S.
Insurance Journal
JULY 11, 2024
AXA XL, headquartered in Stamford, Connecticut, appointed Joseph Madigan as chief underwriting officer for its North American environmental insurance business for the middle market.
Insurance Journal
JULY 11, 2024
Brandon Rice joined Alliant Insurance Services, based in Irvine, California, as a vice president for its employee benefits group. Rice is based in Dallas.
Insurance Journal
JULY 11, 2024
ST. PETERSBURG, Fla.
Insurance Journal
JULY 11, 2024
MADISON, Wis.
Insurance Journal
JULY 11, 2024
New York University has settled a lawsuit filed last November by three Jewish students who said they had been subjected to “pervasive acts of hatred, discrimination, harassment, and intimidation” since the start of the Israel-Hamas war.
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