News Archives - Insurance Journal

/News Archives - Insurance Journal

About News Archives - Insurance Journal

This author has not yet filled in any details.
So far News Archives - Insurance Journal has created 5200 blog entries.
2 08, 2024

Orion180 Launches Homeowners Insurance in Ohio

By | August 2nd, 2024|Uncategorized|Comments Off on Orion180 Launches Homeowners Insurance in Ohio

Orion180 has announced its expansion into the Buckeye State. According to a press release, the company now offers homeowners insurance services and coverage in Ohio through Orion Select Insurance Co., Orion180’s admitted insurance carrier. Orion180 also operates in Alabama, Arizona, …

2 08, 2024

Chevron to Quit California for Texas After Warning on Regulation

By | August 2nd, 2024|Uncategorized|Comments Off on Chevron to Quit California for Texas After Warning on Regulation

Chevron Corp. is relocating headquarters to Houston from California after repeatedly warning that the Golden State’s regulatory regime was making it a tough place to do business. The move announced Friday will end the company’s more than 140 years of …

2 08, 2024

AI Startup Suno Says Music Industry Suit Aims to Stifle Competition

By | August 2nd, 2024|Uncategorized|Comments Off on AI Startup Suno Says Music Industry Suit Aims to Stifle Competition

AI music startup Suno is pushing back against the world’s biggest record labels, saying in a court filing that a lawsuit they filed against the company aims to stifle competition. In a filing Thursday in federal court in Massachusetts, Suno …

2 08, 2024

Governor Calls on Flood-Weary Vermonters to ‘Stick Together’

By | August 2nd, 2024|Uncategorized|Comments Off on Governor Calls on Flood-Weary Vermonters to ‘Stick Together’

Vermont’s governor said Wednesday that the latest storms to hit the state have undone much of the cleanup and recovery work from its last major bout of flooding only weeks ago, and he called on residents to “stick together” amid …

2 08, 2024

Midwestern Farmers Who Say Yes to Solar Power Face Neighbors’ Wrath

By | August 2nd, 2024|Uncategorized|Comments Off on Midwestern Farmers Who Say Yes to Solar Power Face Neighbors’ Wrath

When Michigan farmer Clara Ostrander heard about the benefits of hosting a solar energy project, she remembered something her father had told her four days before he died: Don’t sell the farm. Keep it in the family. Skeptical at first, …

2 08, 2024

People Moves: Wrigley to Lead DeCotis Commercial Lines Team

By | August 2nd, 2024|Uncategorized|Comments Off on People Moves: Wrigley to Lead DeCotis Commercial Lines Team

DeCotis Specialty Insurance, headquartered in Providence, Rhode Island, named Jessica Wrigley as director of commercial lines. Wrigley’s responsibilities include overseeing the commercial lines division, managing key customer and carrier relationships, developing new business opportunities and supervising high-value renewals. Wrigley’s insurance …

2 08, 2024

Guy Carpenter: CrowdStrike Outage to Cause $300M-$1B in Insured Losses

By | August 2nd, 2024|Uncategorized|Comments Off on Guy Carpenter: CrowdStrike Outage to Cause $300M-$1B in Insured Losses

Due to the limited amount of impacted companies with insurance and the deployment of a quick fix to mitigate losses, Guy Carpenter said the insured losses from the CrowdStrike outage is likely between $300 million and $1 billion. The leading …

2 08, 2024

J&J MGA Acquires Georgia-Based Strickland General Agency

By | August 2nd, 2024|Uncategorized|Comments Off on J&J MGA Acquires Georgia-Based Strickland General Agency

Johnson & Johnson, a managing general agency working in 48 states, has acquired Strickland General Agency in Suwanee, Georgia, J&J announced. The deal closed July 31. Terms were not disclosed. Strickland, known as SGA, is a multi-line excess and surplus …

2 08, 2024

Captain in California Scuba Boat Fire Must Pay $32K to Families of 3 of 34 People Killed

By | August 2nd, 2024|Uncategorized|Comments Off on Captain in California Scuba Boat Fire Must Pay $32K to Families of 3 of 34 People Killed

A scuba dive boat captain was ordered to pay about $32,000 in restitution to the families of three of the 34 people killed in a fire aboard the vessel in 2019. Jerry Boylan’s criminal negligence as captain of the Conception …

2 08, 2024

Marsh McLennan Agency Completes Acquisition of Illinois’ The Horton Group

By | August 2nd, 2024|Uncategorized|Comments Off on Marsh McLennan Agency Completes Acquisition of Illinois’ The Horton Group

Marsh McLennan Agency, a business of Marsh and a leading provider of business insurance, employee health & benefits, retirement & wealth, and private client insurance solutions across North America, today announced the completion of its previously announced agreement to acquire …