News Archives - Insurance Journal

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27 09, 2023

Delayed Passage of Farm Bill Stirs Concern for Texas Agriculture

By | September 27th, 2023|Uncategorized|Comments Off on Delayed Passage of Farm Bill Stirs Concern for Texas Agriculture

WASHINGTON — Key federal legislation to support farmers and consumers could get delayed due to the looming government shutdown, causing uncertainty for agriculture and nutrition programs in Texas. The must-pass package of legislation known as the farm bill, which is …

28 09, 2023

People Moves: Shimamura Joins Island Insurance in Hawaii as Controller

By | September 28th, 2023|Uncategorized|Comments Off on People Moves: Shimamura Joins Island Insurance in Hawaii as Controller

Island Insurance, headquartered in Honolulu, Hawaii, appointed Kevin Shimamura as its accounting and finance controller. Shimamura has more than 20 years of financial experience. Most recently, he served as vice president and senior manager of account analysis at Bank of …

2 10, 2023

Truck Crash in Illinois Kills Five and Forces an Evacuation

By | October 2nd, 2023|Uncategorized|Comments Off on Truck Crash in Illinois Kills Five and Forces an Evacuation

SPRINGFIELD, Ill. (AP) – Five people were killed and five were seriously injured after a truck overturned in central Illinois, causing a toxic substance to leak from its cargo and forcing the evacuation of hundreds of area residents, authorities said …

25 09, 2023

People Moves: Hilb Group Names Lamb, Cohen to Tri-State Roles

By | September 25th, 2023|Uncategorized|Comments Off on People Moves: Hilb Group Names Lamb, Cohen to Tri-State Roles

Insurance broker The Hilb Group has named two new company leaders for the New York region. Gabrielle Lamb will be speciality platform leader, overseeing growth in property-casualty offerings for real estate, transportation, medical professional liability and other industries, the Virginia-based …

25 09, 2023

AM Best Tweaks State Farm Outlook to Negative After Weather, Regulatory Issues

By | September 25th, 2023|Uncategorized|Comments Off on AM Best Tweaks State Farm Outlook to Negative After Weather, Regulatory Issues

The AM Best financial rating firm has downgraded its outlook for multiple State Farm insurance companies due to weather losses and regulations that the firm said hinder the insurance giant’s ability to adequately raise rates. “The negative outlooks on the …

27 09, 2023

Markets/Coverages: Bold Penguin Partnering With NEXT Insurance

By | September 27th, 2023|Uncategorized|Comments Off on Markets/Coverages: Bold Penguin Partnering With NEXT Insurance

Bold Penguin has partnered with NEXT Insurance, a leading technology-first small business insurer, to enhance small business coverage options on the Bold Penguin Terminal. Per a press release, through this partnership, Bold Penguin users will gain access to NEXT’s General …

28 09, 2023

Plane Went Into Stall Maneuver Before Philadelphia-Area Crash That Killed 2

By | September 28th, 2023|Uncategorized|Comments Off on Plane Went Into Stall Maneuver Before Philadelphia-Area Crash That Killed 2

Federal authorities say a plane that crashed in a residential street near a suburban Philadelphia middle school last year, killing two people, went into a stall and went out of control as the pilot was practicing maneuvers during an instructional …

25 09, 2023

Spyware Hacking of Egyptian Oppo Leader Prompts Updates from Apple

By | September 25th, 2023|Uncategorized|Comments Off on Spyware Hacking of Egyptian Oppo Leader Prompts Updates from Apple

BOSTON (AP) — A leading Egyptian opposition politician was targeted with spyware after announcing a presidential bid, security researchers reported Friday. They said Egyptian authorities were likely behind the attempted hack. Discovery of the attempt last week by researchers at …

25 09, 2023

Ophelia Brings Flooding to Coastal North Carolina, Virginia

By | September 25th, 2023|Uncategorized|Comments Off on Ophelia Brings Flooding to Coastal North Carolina, Virginia

ANNAPOLIS, Md. (AP) — Residents in parts of coastal North Carolina and Virginia experienced flooding Saturday after Tropical Storm Ophelia made landfall near a North Carolina barrier island, bringing rain, damaging winds and dangerous surges. The storm came ashore near …

25 09, 2023

Another Home Explosion in New Jersey Sends Five to Hospitals

By | September 25th, 2023|Uncategorized|Comments Off on Another Home Explosion in New Jersey Sends Five to Hospitals

WEST MILFORD, N.J. (AP) — Five people were transported to hospitals after an explosion at a New Jersey home on Friday night, police said. The house in West Milford was heavily damaged by the explosion around 9 p.m., the West …