News Archives - Insurance Journal

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13 06, 2024

Study Finds Higher Levels of Dangerous Chemical Than Expected in SE Louisiana

By | June 13th, 2024|Uncategorized|Comments Off on Study Finds Higher Levels of Dangerous Chemical Than Expected in SE Louisiana

NEW ORLEANS (AP) — Researchers using high-tech air monitoring equipment rolled through an industrialized stretch of southeast Louisiana in mobile labs and found levels of a carcinogen in concentrations as much as 20 times higher than previously estimated, according to …

13 06, 2024

Former Iowa Insurance Agent Sentenced 19 Years for Defrauding the Elderly

By | June 13th, 2024|Uncategorized|Comments Off on Former Iowa Insurance Agent Sentenced 19 Years for Defrauding the Elderly

A former Iowa insurance agent and annuity salesman was sentenced to 19 years in prison for defrauding elderly individuals out of their retirement savings. A federal judge on Wednesday sentenced Zach Flaherty, age 47, of Clive, to 222 months for …

13 06, 2024

Calling All Top Agencies & Agency Partnerships: Enter to Be Recognized Now

By | June 13th, 2024|Uncategorized|Comments Off on Calling All Top Agencies & Agency Partnerships: Enter to Be Recognized Now

It’s that time again! We hope you will consider entering your agency for Insurance Journal’s 2024 Top 100 independent agencies listing and Top Agency Partnerships listing. There are four ways to qualify: Top 100 Independent P/C Agencies Top Commercial Lines …

11 06, 2024

Major World Economies Seek to Halt New Private Sector Coal Financing

By | June 11th, 2024|Uncategorized|Comments Off on Major World Economies Seek to Halt New Private Sector Coal Financing

Some of the world’s major economies want to finalize a plan ahead of this year’s U.N. climate summit to halt new private sector funding for coal projects, five sources with direct knowledge of the matter told Reuters. If approved, the …

11 06, 2024

People Moves: Everest Names Buonpane Head of Casualty Specialty, Industry Practices; Allied World Appoints Kranz A&E Lead

By | June 11th, 2024|Uncategorized|Comments Off on People Moves: Everest Names Buonpane Head of Casualty Specialty, Industry Practices; Allied World Appoints Kranz A&E Lead

Everest Insurance Names Buonpane to Head of Casualty Specialty Lines and Industry Practices Everest Insurance North America, headquartered in Warren, New Jersey, hired Stephen Buonpane to the newly created role of senior vice president, casualty specialty lines and industry practices. …

11 06, 2024

Paper Links Social Learning and Flood Insurance Uptake

By | June 11th, 2024|Uncategorized|Comments Off on Paper Links Social Learning and Flood Insurance Uptake

Short but severe flooding that followed hurricanes Harvey and Irma in 2017 “triggered a nationwide increase in flood insurance take-up according to each county’s social network proximity to the flooded counties, accompanied by a climate change belief update,” according to …

11 06, 2024

Britam of Kenya Plans to Enter $5 Billion Congo Insurance Market

By | June 11th, 2024|Uncategorized|Comments Off on Britam of Kenya Plans to Enter $5 Billion Congo Insurance Market

Britam Holdings Ltd. is hunting for opportunities to enter the massive but under-served insurance market in Democratic Republic of Congo later this year. Kenya’s biggest listed insurer by market value with operations in seven African economies is chiefly seeking an …

11 06, 2024

Singapore Airlines Offers Compensation for Flight Hit by Turbulence

By | June 11th, 2024|Uncategorized|Comments Off on Singapore Airlines Offers Compensation for Flight Hit by Turbulence

Singapore Airlines has sent compensation offers to passengers on a flight last month from London to Singapore that ran into severe turbulence, causing dozens of injuries and a death, the carrier said on Tuesday. Passengers with minor injuries have been …

11 06, 2024

Bipartisan Bill Aims to Authorize Payouts for Coastal Structures

By | June 11th, 2024|Uncategorized|Comments Off on Bipartisan Bill Aims to Authorize Payouts for Coastal Structures

A new bipartisan bill would authorize National Flood Insurance Plan payouts for structures condemned due to chronic erosion or unusual flooding. Introduced earlier this month by Congresswoman Chellie Pingree (D-Maine) and Congressman Greg Murphy (R-N.C.), the Prevent Environmental Hazards Act …

11 06, 2024

Rightward Shift After Election Could Limit Future EU Climate Policies

By | June 11th, 2024|Uncategorized|Comments Off on Rightward Shift After Election Could Limit Future EU Climate Policies

A more rightward-leaning European Parliament will make it harder to pass ambitious EU climate policies, but the majority of Europe’s current world-leading green policies are likely to stay put, lawmakers, officials and analysts said. Provisional results in the European Parliament …