News Archives - Insurance Journal

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30 07, 2024

Public D&O Price Decreased 5.2% in Second Quarter, Says Aon

By | July 30th, 2024|Uncategorized|Comments Off on Public D&O Price Decreased 5.2% in Second Quarter, Says Aon

The average price for directors & officers liability insurance decreased 5.2% per $1 million in limits in the second quarter, according to Aon Commercial Risk Solutions. Aon said the decrease compared to the same quarter in 2023 was the ninth …

30 07, 2024

Insurance Comparison Site The Zebra Buys Marble

By | July 30th, 2024|Uncategorized|Comments Off on Insurance Comparison Site The Zebra Buys Marble

Personal lines insurance comparison site The Zebra said it has acquired Marble, a digital platform for managing and saving on insurance. The acquisition is effective as of July 25, 2024. Terms of the deal, the first in The Zebra’s 12-year …

30 07, 2024

Companies ‘Paralyzed’ as Australia Plans Tough Climate Rules

By | July 30th, 2024|Uncategorized|Comments Off on Companies ‘Paralyzed’ as Australia Plans Tough Climate Rules

Australia’s plans to introduce stringent rules on climate disclosures are driving up concerns among businesses about compliance in one of the world’s biggest per-capita emitters. More than 6,000 companies including listed and unlisted firms, financial institutions and asset owners will …

30 07, 2024

Texas Crude Oil Pipelines Are Full to the Brim and Getting Worse

By | July 30th, 2024|Uncategorized|Comments Off on Texas Crude Oil Pipelines Are Full to the Brim and Getting Worse

Crude oil pipelines connecting the busiest Texas oil fields to a critical export hub across the state are nearly out of space, threatening to cap US oil exports at a time when the world needs more. Key pipelines that transport …

30 07, 2024

Ohio Supreme Ct.: Chicken Wings Advertised as ‘Boneless’ Can Have Bones

By | July 30th, 2024|Uncategorized|Comments Off on Ohio Supreme Ct.: Chicken Wings Advertised as ‘Boneless’ Can Have Bones

Consumers cannot expect boneless chicken wings to actually be free of bones, a divided Ohio Supreme Court ruled last week, rejecting claims by a restaurant patron who suffered serious medical complications from getting a bone stuck in his throat. Michael …

30 07, 2024

Reinsurer SCOR’s Recovery Clouded by First Quarterly Loss Since 2022

By | July 30th, 2024|Uncategorized|Comments Off on Reinsurer SCOR’s Recovery Clouded by First Quarterly Loss Since 2022

SCOR SE reported its first quarterly loss since 2022, delivering a setback to Chief Executive Officer Thierry Leger. The Paris-based reinsurer posted a loss of €308 million ($333 million) in the three months through June, missing analyst estimates. The result …

30 07, 2024

Typhoon Remnants Bring Rains, Floods That Kill Four in China

By | July 30th, 2024|Uncategorized|Comments Off on Typhoon Remnants Bring Rains, Floods That Kill Four in China

Torrential rain and floods killed four people and spurred the evacuation of thousands from homes in China’s southern province of Hunan, lashed by record rainfall from the remnants of Typhoon Gaemi, state media said on Tuesday. Days of heavy rain …

30 07, 2024

Indiana Contractor Faces $199K Fine for Exposing Workers to Deadly Falls

By | July 30th, 2024|Uncategorized|Comments Off on Indiana Contractor Faces $199K Fine for Exposing Workers to Deadly Falls

Twice in less than two weeks, federal workplace safety inspectors found an Indiana contractor exposing employees to deadly risks of falls from elevation while they did framing work at two homes under construction in Perrysburg, Ohio Inspectors with the U.S. …

30 07, 2024

People Moves: BevCap Management Names Vehovic VP of Dealer Risk Services; Skyward Specialty Adds Miglin and Smith

By | July 30th, 2024|Uncategorized|Comments Off on People Moves: BevCap Management Names Vehovic VP of Dealer Risk Services; Skyward Specialty Adds Miglin and Smith

BevCap Management, LLC, headquartered in McKinney, Texas, hired Danny Vehovic as vice president of dealer risk services. Vehovic will be focusing on risk consulting and business development for Dealer Management Group, a homogeneous group captive for franchise auto dealers and …

30 07, 2024

South Africa Races to Contain Oil Spill From Wrecked Cargo Ship

By | July 30th, 2024|Uncategorized|Comments Off on South Africa Races to Contain Oil Spill From Wrecked Cargo Ship

South Africa dispatched crews to contain an oil spill from a cargo vessel that ran aground earlier this month because of extreme weather conditions. Strong waves eroded the hull of the 125-meter (410-foot) MV Ultra Galaxy, which beached at Brand …