Fri, 23 Jul 2021 16:18:29 +0000
Des Moines, Iowa, Chad Mackland, of Council Bluffs, Iowa, recently submitted an Alford plea to the charge of Ongoing Criminal Conduct (Class B Felony) in Pottawattamie County District Court following an investigation by the Iowa Insurance Division’s Fr...
Fri, 23 Jul 2021 16:07:39 +0000
The latest U.S. Drought Monitor shows 72% of Minnesota is currently experiencing severe drought — a big jump from a week earlier, when 52% of the state was considered to be in severe drought. Minnesota Public Radio News reports the …
Fri, 23 Jul 2021 16:04:39 +0000
Oil production is flat in North Dakota due to a workforce shortage as the industry recovers from the coronavirus pandemic. Companies say they are in need of workers to inject water, sand and chemicals down wells to crack open rock …
Fri, 23 Jul 2021 16:03:32 +0000
Alera Group, an independent, national insurance and wealth management firm based in Deerfield, Illinois, acquired Keller Insurance Agency, a firm specializing in commercial property/casualty insurance, with a particular focus in senior living facilitie...
Fri, 23 Jul 2021 14:56:58 +0000
W.R. Berkley Corp. reported net premium growth exceeding 27 percent and a combined ratio under 90 for the 2021 second quarter, positive results the commercial lines insurer and reinsurer attributed to rate adequacy and an improving economy. Consolidate...
Fri, 23 Jul 2021 14:52:12 +0000
The nation’s largest wildfire is still raging through southern Oregon but crews were scaling back some night operations as hard work and weaker winds helped reduce the spread of flames even as wildfires continued to threaten homes in neighboring Califo...
Fri, 23 Jul 2021 14:47:02 +0000
A woman was found dead and three other people were missing after rain triggered flooding and mudslides in an area of northern Colorado burned by a large wildfire last year, authorities said Wednesday. The woman’s body was found near the …
Fri, 23 Jul 2021 14:43:36 +0000
A lightning strike likely ignited a 2020 wildfire in California’s Sierra National Forest, but the U.S. Forest Service said Friday it could not determine an official cause of the fire. September’s Creek Fire burned 600 square miles and spread so …
Fri, 23 Jul 2021 14:40:59 +0000
Los Angeles bomb technicians grossly miscalculated the weight of homemade fireworks last month when they detonated them in a containment chamber, likely causing a catastrophic explosion that injured 17 people and rocked a neighborhood, the police chief...
Fri, 23 Jul 2021 14:36:40 +0000
Swiss Re Corporate Solutions has promoted William Porter as head International Programs Americas, and Reto Collenberg as head International Programs APAC and EMEA, both effective Aug.1. Together they will oversee Swiss Re Corporate Solutions’ Internati...
Fri, 23 Jul 2021 14:02:32 +0000
Rhode Island-based commercial property insurer FM Global is making executive management team changes, moving seasoned leaders within the company into newly created roles. Bret N. Ahnell, executive vice president and a 34-year veteran of the company, ha...
Fri, 23 Jul 2021 13:53:48 +0000
Relation Insurance Services Inc. acquired the assets of The SIG Insurance Agencies. The partnership with SIG strengthens Relation’s existing capabilities and further expands the platform’s geographic presence in the Northeast. Headquartered in Connecti...
Fri, 23 Jul 2021 13:52:19 +0000
The Pennsylvania Insurance Department (PID) is joining with other states around the country in conducting the National Association of Insurance Commissioners’ (NAIC) Climate Risk Disclosure Survey. The survey allows insurers to report on climate-relate...
Fri, 23 Jul 2021 13:46:12 +0000
Plaintiffs in a federal class action lawsuit could get payments and medical monitoring as part of a proposed $65.25 million settlement with three companies over chemical contamination of the water supply in an upstate New York village. The Times Union …
Fri, 23 Jul 2021 13:25:01 +0000
MOSCOW – Flooding has damaged a bridge on Russia’s Trans-Siberian railway in its Far East, suspending traffic in the area, officials said on Friday, and President Vladimir Putin said full track repair would take five days. The world’s longest railway …
Fri, 23 Jul 2021 13:09:55 +0000
A U.S. safety regulator’s decision last week to sue Amazon.com Inc. could bring clarity to a question that has long befuddled courts and state legislatures nationwide: Who is responsible when a product bought from the world’s largest online retailer hu...
Fri, 23 Jul 2021 12:00:16 +0000
London office workers want an average pay rise equivalent to the cost of some annual railway season tickets to return to their desks full-time after the pandemic, according to a survey. With COVID-19 restrictions leaving many offices empty, white-colla...
Fri, 23 Jul 2021 11:31:34 +0000
FRANKFURT – Shareholders in Europe’s largest carmaker Volkswagen on Thursday approved a deal to settle claims against four former executives, including long-time CEO Martin Winterkorn, related to the company’s emissions scandal. The initial deal, whi...
Fri, 23 Jul 2021 11:08:38 +0000
Shares of Ryan Specialty Group Holdings Inc rose 9% in their New York Stock Exchange Debut on Thursday, fetching a market capitalization of $6.5 billion for the insurance brokerage founded and led by industry veteran Patrick Ryan. The stock opened …
Fri, 23 Jul 2021 10:51:01 +0000
Insurtech startup bolttech announced it has acquired i-surance, a next-generation B2B2C digital insurance platform based in Berlin. Financial details of the deal were not disclosed. The transaction is part of bolttech’s international expansion strategy...
Fri, 23 Jul 2021 09:27:14 +0000
Lloyd’s announced the appointment of Vicky Carter as deputy chair of Lloyd’s, effective Sept. 1, 2021. Carter has been an elected member of Lloyd’s Council since February 2019 and has worked in the Lloyd’s market for 40 years, starting her …
Fri, 23 Jul 2021 09:00:59 +0000
Legislation to legalize marijuana for medical use in North Carolina advanced through another Senate panel on Wednesday. Members of the Senate Finance Committee, which voted for the legislation, narrowed their review to fees and revenues collected in th...
Fri, 23 Jul 2021 08:24:25 +0000
Chubb announced that it has set up an aviation hub in Canada to develop further its domestic general aviation and non-major aerospace business. The Canadian Aviation hub is part of a new regional focus for the aviation team from Chubb …
Fri, 23 Jul 2021 08:00:51 +0000
Endo International Plc has agreed to pay $35 million to settle a lawsuit by Tennessee local governments and on behalf of a child allegedly born addicted to painkillers accusing the drugmaker of fueling the opioid epidemic, the company announced Thursda...
Fri, 23 Jul 2021 07:00:55 +0000
Alabama is suffering a “self-inflicted wound” from COVID-19, with hospitals again filling up as the state trails the nation in vaccinations and pandemic precautions like face masks and social distancing are all but forgotten, a health leader said. Only...
Fri, 23 Jul 2021 06:04:09 +0000
JOHANNESBURG – A cyber attack has disrupted container operations at the South African port of Cape Town, an email seen by Reuters on Thursday said. Durban, the busiest shipping terminal in sub-Saharan Africa, was also affected, three sources with dir...
Fri, 23 Jul 2021 05:12:00 +0000
Texas has a long way to go but despite getting hit by four hurricanes and one tropical storm in 2020, Louisiana still ranks as one of the top 10 states for resilience based on its statewide building codes. The “Rating …
Fri, 23 Jul 2021 05:00:51 +0000
Two Democratic U.S. senators on Thursday will add to the stack of bills going after Section 230 – a law that protects tech companies from being sued over content posted by users – making such platforms responsible for health-related misinformation. …
Fri, 23 Jul 2021 05:00:31 +0000
Home insurtech Hippo is jumping into the commercial insurance market. The California-based managing general agency startup said its expansion will focus on “targeted commercial insurance” customers. Its first product in the space is a tailored homeowne...
Fri, 23 Jul 2021 05:00:24 +0000
The Insurance Marketing & Communications Association (IMCA) presented Mark Wells, executive chairman of Wells Media Group Inc., with the IMCA Icon award in recognition of extraordinary leadership and exemplary achievement in insurance marketing and com...