News Archives - Insurance Journal

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1 07, 2024

Markets/Coverages: Resilience Doubles Cyber Limits to $20M

By | July 1st, 2024|Uncategorized|Comments Off on Markets/Coverages: Resilience Doubles Cyber Limits to $20M

Resilience said it doubled the cyber insurance limits it can offer to clients in the U.S. to $20 million per client. This announcement follows the launch of new features and capabilities that enable enterprises to continuously manage the mitigation and …

26 07, 2024

California Commissioner Announces FAIR Plan Modernization Deal

By | July 26th, 2024|Uncategorized|Comments Off on California Commissioner Announces FAIR Plan Modernization Deal

California Insurance Commissioner Ricardo Lara said on Friday that he and the California Fair Plan have agreed to establishing a new high value commercial coverage option with limits up to $20 million per building and other steps that he said …

1 07, 2024

Uber and Lyft Agree to Higher Wages, Work-Accident Insurance in Mass. Settlement

By | July 1st, 2024|Uncategorized|Comments Off on Uber and Lyft Agree to Higher Wages, Work-Accident Insurance in Mass. Settlement

BOSTON (AP) — Drivers for Uber and Lyft will earn a minimum pay standard of $32.50 per hour and will be eligible for occupational accident insurance paid by the companies for up to $1 million for work-related injuries under a …

1 07, 2024

People Moves: HDI Global Canada Promotes Navarrete to Managing Director; AXA XL Appoints Kuklinski as Regional Mgr. for Northern Europe, Germany’s Country Mgr.

By | July 1st, 2024|Uncategorized|Comments Off on People Moves: HDI Global Canada Promotes Navarrete to Managing Director; AXA XL Appoints Kuklinski as Regional Mgr. for Northern Europe, Germany’s Country Mgr.

This edition of International People Moves details appointments at HDI Global and AXA XL. A summary of these new hires follows here. HDI Global Canada Promotes Navarrete to Managing Director HDI Global Canada announced the appointment of Klaus Navarrete as …

1 07, 2024

Detroit Agrees to $300K Settlement in Wrongful Shoplifting Accusation Case

By | July 1st, 2024|Uncategorized|Comments Off on Detroit Agrees to $300K Settlement in Wrongful Shoplifting Accusation Case

DETROIT (AP) — The city of Detroit has agreed to pay $300,000 to a man who was wrongly accused of shoplifting and also change how police use facial recognition technology to solve crimes. The conditions are part of a lawsuit …

1 07, 2024

Arthur K. Gallagher & Co. Acquires Texas’ Zayla Partners

By | July 1st, 2024|Uncategorized|Comments Off on Arthur K. Gallagher & Co. Acquires Texas’ Zayla Partners

Arthur J. Gallagher & Co. announced the acquisition of Katy, Texas-based Zayla Partners, LLC (Zayla). Terms of the transaction were not disclosed. Zayla is an executive compensation strategy firm that serves clients across a variety of sizes and industries. Chris …

1 07, 2024

Ohio Company to Pay $23K Over Disability Discrimination Suit

By | July 1st, 2024|Uncategorized|Comments Off on Ohio Company to Pay $23K Over Disability Discrimination Suit

Pearl Interactive Network, Inc., a Columbus, Ohio-based telecommunications company, resolved a charge of disability discrimination filed with the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency’s Cleveland Field Office announced. During the EEOC’s investigation, the agency found that Pearl …

1 07, 2024

Maui Officials Highlight Steps Toward Rebuilding As 1-Year Mark of Deadly Wildfire Approaches

By | July 1st, 2024|Uncategorized|Comments Off on Maui Officials Highlight Steps Toward Rebuilding As 1-Year Mark of Deadly Wildfire Approaches

Nearly a year after wind-whipped flames raced through Kim Ball’s Hawaii community, the empty lot where his house once stood is a symbol of some of the progress being made toward rebuilding after the deadliest U.S. wildfire in more than …

2 07, 2024

Report Keys on Impacts of Economic Changes on California Workers’ Comp

By | July 2nd, 2024|Uncategorized|Comments Off on Report Keys on Impacts of Economic Changes on California Workers’ Comp

Projected changes to California workers’ comp claims frequency and severity due to industry mix of employment are negligible through 2026, while employment in most industries fully recovered from the initial pandemic related changes by the end of 2022, a new …

1 07, 2024

Fidelis Partnership Syndicate 3123 Begins Underwriting Business at Lloyd’s

By | July 1st, 2024|Uncategorized|Comments Off on Fidelis Partnership Syndicate 3123 Begins Underwriting Business at Lloyd’s

The Fidelis Partnership and Fidelis Insurance Holdings Ltd. jointly announced that Syndicate 3123 has formally begun underwriting business at Lloyd’s. Syndicate 3123, also known as The Fidelis Partnership Syndicate, was launched by The Fidelis Partnership in collaboration with Fidelis Insurance …