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News Archives - Insurance Journal
Truist Finishes Insurance Subsidiary Sale; Broker Rebrands as TIH, Names All-Star Board Truist Financial Corporation today said it completed the previously announced sale of its remaining stake in Truist Insurance Holdings, the fifth largest insurance brokerage in the United States, to an investor group led by private equity firms Stone Point Capital …
POSTED MAY 07, 2024 2:00 PM |
NHTSA Seeks Answers From Tesla in Autopilot Recall Probe U.S. auto safety investigators are seeking detailed answers and documents from Tesla in a probe into the automaker’s December recall of more than 2 million vehicles to install new Autopilot safeguards. The National Highway Traffic Safety Administration (NHTSA) said last …
POSTED MAY 07, 2024 1:32 PM |
Georgia Governor Signs Bill Regulating Kratom, a Supplement Blamed for Deaths ATLANTA (AP) — Georgia’s governor on Thursday signed a bill putting new regulations on the production and sale of products containing kratom, a plant-based supplement. The law, which takes effect Jan. 1, prohibits the sale of kratom to anyone under …
POSTED MAY 07, 2024 1:18 PM |
Bounce House Swept Up By Wind Kills One Child and Injures Another One child was killed and another injured when a bounce house was swept up by wind in Casa Grande, Arizona, in what local authorities called “a tragic accident.” Saturday’s fatality occurred after a strong gust sent the inflatable toy house …
POSTED MAY 07, 2024 12:35 PM |
Australia’s Qantas to Pay $79M to Settle Flight Cancellation Case Australia’s Qantas Airways agreed to pay A$120 million ($79 million) to settle a regulator lawsuit over the sale of thousands of tickets on already canceled flights, in an attempt to end a reputational crisis that has engulfed the airline. The …
POSTED MAY 07, 2024 11:40 AM |
EU Aims to Target 11 Russian Ships Involved in Sanctions-Busting The European Union has proposed restrictions on 11 vessels that contribute to Russia’s ability to sustain its war against Ukraine. The proposed measures, if approved by member states, would ban the ships from accessing EU ports and anchorage zones, and …
POSTED MAY 07, 2024 11:27 AM |
HSB Opens Office in the Kingdom of Saudi Arabia HSB announced the opening of a new office location in Al-Jubail, Saudi Arabia, on May 6. “One of our strategic priorities is to increase accessibility to HSB’s inspection and engineering services, particularly in growing markets such as Saudi Arabia,” said …
POSTED MAY 07, 2024 10:56 AM |
People Moves: Everest Names US Regional Execs to North America Insurance Leadership Everest Insurance, the insurance division of Everest Group, Ltd. headquartered in Hamilton, Bermuda, appointed four United States regional executives as part of realigning its retail business into four regions. Craig Hanrahan, regional executive, U.S. northeastern region, joins Everest from Chubb, …
POSTED MAY 07, 2024 5:58 AM |
CDC Asks States to Make Worker Protective Gear Available to Combat Bird Flu The U.S. Centers for Disease Control and Prevention (CDC) said on Monday it had met with state health officials and asked them to facilitate distribution of protective gear for farm workers to avoid infection against H5N1 bird flu. The CDC …
POSTED MAY 07, 2024 5:36 AM |
The Top 15 U.S. Metros with High Exposure to Wildfire Risk The number of wildfires per year is going down, but the increasing size and intensity of the fires is creating more property damage than ever before – in fact, the average fire size has tripled over the past 30 years, …
POSTED MAY 07, 2024 5:29 AM |
West News Archives - Insurance Journal
Bounce House Swept Up By Wind Kills One Child and Injures Another One child was killed and another injured when a bounce house was swept up by wind in Casa Grande, Arizona, in what local authorities called “a tragic accident.” Saturday’s fatality occurred after a strong gust sent the inflatable toy house …
POSTED MAY 07, 2024 12:35 PM |
Monsanto Gets $185 Million PCB Verdict Tossed in Washington Bayer AG’s Monsanto unit persuaded an appeals court in Washington state to throw out a $185 million jury award to three former teachers at a Seattle-area school who blamed exposure to the firm’s toxic chemicals for their brain injuries. A …
POSTED MAY 07, 2024 5:00 AM |
Hawaii Governor Sets up Climate and Disaster Team to Develop Resilience Policy Hawaii Gov. Josh Green has formed a Climate Advisory Team (CAT) made up of experts and stakeholders to deal with the challenges of climate disasters and to build a roadmap for the state’s strategy to mitigate the financial impact of …
POSTED MAY 07, 2024 5:00 AM |
Takeaways from Our Conversation on Captives for Cannabis Want further proof the cannabis industry is no longer the “red-headed stepchild” it is too often viewed as? Just ask TJ Frost? Frost is president of Symphony Grow, which recently launched a captive program that Frost seed as evidence that …
POSTED MAY 07, 2024 5:00 AM |
Delos and Lloyd’s Insurer to Expand Vacant Home Insurance in California Delos Insurance Solutions plans to offer wildfire insurance to more California policyholders with vacant properties. Delos is expanding coverage availability through a partnership with certain underwriters at Lloyd’s of London. San Francisco, California-based Delos is a managing general agent that …
POSTED MAY 06, 2024 12:00 PM |
Hub Acquires Williams Insurance Services in California Hub International Ltd. acquired Merriwether & Williams Insurance Services Inc. Merriwether & Williams has locations in San Francisco and Los Angeles, California, The firm provides contractor development abd bonding programs, aligned risk management and special project consulting, and insurance brokerage …
POSTED MAY 06, 2024 5:00 AM |
New Vehicle Registrations in California Rose, While Tesla Registrations Dropped Again The first quarter of the year saw the sixth straight quarterly increase (.7%) in overall registrations in California in the first quarter from the same period last year, while the state’s love affair with Tesla’s may be getting old, the …
POSTED MAY 06, 2024 5:00 AM |
Inszone Insurance Acquires Tri-Cities Insurance Professionals in Washington Inszone Insurance Services acquired Tri-Cities Insurance Professionals LLC, a multi-member managed broker agency in Pasco, Washington. Tri-Cities Insurance Professionals was founded by Craig Baumgartner, Gerald Tobias, Darwin Walter, and Jorge Torres. Sacramento, California-based Inszone is an insurance brokerage firm that …
POSTED MAY 06, 2024 5:00 AM |
Appeals Court Rejects Climate Change Suit by Young Oregon Activists A federal appeals court panel last week rejected a long-running lawsuit brought by young Oregon-based climate activists who argued that the U.S. government’s role in climate change violated their constitutional rights. The 9th U.S. Circuit Court of Appeals previously ordered …
POSTED MAY 06, 2024 5:00 AM |
California Business Owner Ordered to Pay $687K in Restitution for Workers’ Comp Fraud A California business owner convicted of felony workers’ compensation insurance fraud was ordered to pay $687,560 in restitution to the victims. An investigation by the California Department of Insurance determined that Jorge Maldonado, owner of Pro-Care Building Maintenance, under-reported the …
POSTED MAY 03, 2024 5:00 AM |
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