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 4686 blog entries.
21 01, 2025

LA Braces for Fire Risk From Bone-Dry Winds as Winter Rains Lag

By | January 21st, 2025|Uncategorized|Comments Off on LA Braces for Fire Risk From Bone-Dry Winds as Winter Rains Lag

Dangerous winds and drought will create extreme fire risk across Southern California Tuesday, putting more than 11 million people in the path of conditions that would allow blazes to spread quickly as the region holds out hope for rain. Seasonal …

21 01, 2025

Tropolis Acquires 4 Agencies in Midwest

By | January 21st, 2025|Uncategorized|Comments Off on Tropolis Acquires 4 Agencies in Midwest

Tropolis, an insurance brokerage that provides property & casualty (P&C) and employee benefits solutions, announced it has completed the acquisitions of four Midwest insurance agencies. Terms of the private transactions were not disclosed. The four businesses are BDMH Enterprises, an …

21 01, 2025

New Orleans Landscaper Ordered to Pay $319K in Back Wages

By | January 21st, 2025|Uncategorized|Comments Off on New Orleans Landscaper Ordered to Pay $319K in Back Wages

TheU.S. Department of Labor has recovered $319,065 in back wages for 49 workers employed by a New Orleans landscaping company that misclassified them as independent contractors and, by doing so, denied them overtime pay. The department’s Wage and Hour Division …

17 01, 2025

Maritime Sources Expect Houthis to Halt Red Sea Attacks After Gaza Deal

By | January 17th, 2025|Uncategorized|Comments Off on Maritime Sources Expect Houthis to Halt Red Sea Attacks After Gaza Deal

Maritime security officials said on Thursday they were expecting Yemen’s Houthi militia to announce a halt in attacks on ships in the Red Sea, after a ceasefire deal in the war in Gaza between Israel and the militant group Hamas. …

17 01, 2025

Tanker Under US Sanctions Discharges Oil at Chinese Port: LSEG Data

By | January 17th, 2025|Uncategorized|Comments Off on Tanker Under US Sanctions Discharges Oil at Chinese Port: LSEG Data

A tanker subject to the new U.S. sanctions is discharging Russian oil at a port operated by Shandong Port Group in east China, shipping data on LSEG Eikon showed on Thursday. The tanker is the first since last week’s sanctions …

17 01, 2025

South Korea’s Crashed Jet Reveals Bird Feathers in Both Engines

By | January 17th, 2025|Uncategorized|Comments Off on South Korea’s Crashed Jet Reveals Bird Feathers in Both Engines

South Korean investigators found feathers in both engines of the Boeing Co. 737-800 jet involved in a crash late last month, pointing to possible evidence that the aircraft may have lost electrical power before an ill-fated emergency landing that killed …

17 01, 2025

Broker Juniper Re Enters London With Industry Veteran Hawke at Helm

By | January 17th, 2025|Uncategorized|Comments Off on Broker Juniper Re Enters London With Industry Veteran Hawke at Helm

Juniper Re LLC, the specialist reinsurance broking arm of The Baldwin Group, announced its entry into the London market, appointing industry veteran Nick Hawke as head of office. With more than four decades of reinsurance experience in the London market, …

17 01, 2025

France Steps Up Checks After Foot-and-Mouth Outbreak in Germany

By | January 17th, 2025|Uncategorized|Comments Off on France Steps Up Checks After Foot-and-Mouth Outbreak in Germany

France has reinforced checks for foot-and-mouth disease (FMD) and issued alerts to veterinarians after an outbreak of the highly contagious virus was detected in cattle in Germany last week, prompting trade bans from several countries. France is trying to protect …

17 01, 2025

Damaging Megadroughts Are Spreading Around the World

By | January 17th, 2025|Uncategorized|Comments Off on Damaging Megadroughts Are Spreading Around the World

Severe drought conditions have helped fuel the Los Angeles wildfires. But a new study, released Thursday in the journal Nature comes with a warning: Climate change is making catastrophic, multiyear “megadroughts” much worse around the world. Droughts are relative — …

17 01, 2025

Seibels Bruce, One of the South’s Oldest Insurance Companies, Closes its Doors

By | January 17th, 2025|Uncategorized|Comments Off on Seibels Bruce, One of the South’s Oldest Insurance Companies, Closes its Doors

Two decades after its subsidiaries were deemed insolvent and 155 years after it was founded, one of the oldest insurance companies in the South has officially gone out of business. Seibels Bruce & Company’s 128,000-square-foot office building in Columbia, South …