News Archives - Insurance Journal

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6 06, 2024

Lloyd’s Opening Miami Office to Support Growth in Latin America and Caribbean

By | June 6th, 2024|Uncategorized|Comments Off on Lloyd’s Opening Miami Office to Support Growth in Latin America and Caribbean

Lloyd’s, the re/insurance marketplace, is opening an office in Miami from Sept. 1, 2024, with an aim to strengthen its Latin America and Caribbean business. The new office will enable Lloyd’s to realign its resources to centrally support brokers, coverholders …

5 06, 2024

The Nitsche Group Announces Relocation of Round Rock Office

By | June 5th, 2024|Uncategorized|Comments Off on The Nitsche Group Announces Relocation of Round Rock Office

The Nitsche Group has announced the relocation of its Round Rock office. The office, previously at 893 North IH 35, Suite 120, Round Rock, is now located at 551 S. I-35 Frontage RD., Suite 320, Round Rock, TX, 78664, just …

5 06, 2024

MGA Alta Signa Launches in Switzerland

By | June 5th, 2024|Uncategorized|Comments Off on MGA Alta Signa Launches in Switzerland

Alta Signa Europe B.V., the European boutique managing general agent (MGA) and Lloyd’s coverholder, announced the opening of an office in Switzerland, marking a significant milestone in the company’s expansion strategy in the Germany, Austria and Switzerland (DACH) region. Based …

5 06, 2024

Lobster Monster Truck Gone Airborne Topples Utility Poles, Injuring Spectators

By | June 5th, 2024|Uncategorized|Comments Off on Lobster Monster Truck Gone Airborne Topples Utility Poles, Injuring Spectators

TOPSHAM, Maine (AP) — A lobster-themed monster truck performing for spectators in Maine clipped an aerial power line, toppling several utility poles and sending two people to hospitals, police said. Others suffered minor injuries. The Topsham Fairgrounds was hosting the …

5 06, 2024

Markets/Coverages: Sompo Offers Tech Insurance Cover for UK Middle Market Clients

By | June 5th, 2024|Uncategorized|Comments Off on Markets/Coverages: Sompo Offers Tech Insurance Cover for UK Middle Market Clients

Sompo announced the launch of a new technology insurance product for middle market clients in the United Kingdom. The package includes coverages comprising property, casualty, professional indemnity (PI) and cyber. Excess PI and cyber can be provided separately. All covers …

5 06, 2024

Hub Acquires Combined HCM in California

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Hub International Ltd. acquired the assets of Combined Benefits Inc., Combined Commercial Insurance Services LLC., and Combined Employer Services Inc. Donny Woo, CEO, and Jonathan Zhao, vice president of payroll, and the Combined HCM team will join Hub LAOC. Combined …

5 06, 2024

Tyson Foods Accused by Conservative Group of Hiring Migrants Over US Citizens

By | June 5th, 2024|Uncategorized|Comments Off on Tyson Foods Accused by Conservative Group of Hiring Migrants Over US Citizens

A group founded by former Trump administration officials has accused Tyson Foods of discriminating against U.S. citizens by disproportionately hiring immigrants, including children and people in the country illegally. America First Legal (AFL) sent letters to the U.S. Department of …

5 06, 2024

Google Ad Tech Class Action Gets Go Ahead From London Judges

By | June 5th, 2024|Uncategorized|Comments Off on Google Ad Tech Class Action Gets Go Ahead From London Judges

London judges ruled a class action lawsuit to proceed against Google potentially seeking billions of pounds in damages over allegations it abused its dominance in digital advertising. The UK’s Competition Appeal Tribunal unanimously allowed the collective proceedings against the tech …

5 06, 2024

P/C Insurers Slow to Achieve Analytics Ambitions: Survey

By | June 5th, 2024|Uncategorized|Comments Off on P/C Insurers Slow to Achieve Analytics Ambitions: Survey

Just under half of property/casualty insurers recently surveyed by WTW say they plan to incorporate artificial intelligence into their analytics (49%), but most have yet to bring “traditional” analytics into areas other than pricing, WTW reports. “While there is much …

5 06, 2024

Dozens More Former Youth Inmates Sue Over Alleged Sexual Abuse at Illinois Detention Centers

By | June 5th, 2024|Uncategorized|Comments Off on Dozens More Former Youth Inmates Sue Over Alleged Sexual Abuse at Illinois Detention Centers

Dozens more former youth inmates filed lawsuits seeking millions of dollars in damages for sexual abuse they allegedly endured at Illinois detention centers dating back to the late 1990s. Thirteen women and 95 men filed two separate lawsuits Friday in …