News Archives - Insurance Journal

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6 03, 2024

From Idalia to Otis: The Hurricanes That Shaped 2023 and What’s Next

By | March 6th, 2024|Uncategorized|Comments Off on From Idalia to Otis: The Hurricanes That Shaped 2023 and What’s Next

We recently brought together thought leaders from across Moody’s to talk with the media at our 2023 Hurricane Season Recap and 2024 Outlook briefing, to provide a range of perspectives from meteorology to market impact. We looked back at the …

6 03, 2024

German Industry Sounds Alarm on Infrastructure Security After Tesla Attack

By | March 6th, 2024|Uncategorized|Comments Off on German Industry Sounds Alarm on Infrastructure Security After Tesla Attack

German industry called for better protection of critical infrastructure on Wednesday after a suspected arson attack by leftist activists on Tesla’s gigafactory outside Berlin halted production until further notice. Security officials cleared the Tesla site on Tuesday after what CEO …

6 03, 2024

Howden Acquires UK Sport and Entertainment Specialist Broker, Hencilla Canworth

By | March 6th, 2024|Uncategorized|Comments Off on Howden Acquires UK Sport and Entertainment Specialist Broker, Hencilla Canworth

Howden, the London-based insurance intermediary group, announced it has acquired Hencilla Canworth GI Ltd., a leading British independent specialist performing arts insurance broker. Founded in 1981, based in Croydon, UK, and trading since 2021 as Hencilla Canworth GI Ltd., Hencilla …

6 03, 2024

Texas Panhandle Ranchers Look to Rebuild After Wildfires

By | March 6th, 2024|Uncategorized|Comments Off on Texas Panhandle Ranchers Look to Rebuild After Wildfires

CANADIAN — Farmers and ranchers in the Panhandle lost livestock, buildings and infrastructure in the wildfires still raging through the region. Now they’re looking to rebuild. More than 100 people packed a room at the Hemphill County Exhibition Center on …

6 03, 2024

People Moves: Sompo Japan Names Takahashi as Chief Risk Officer, Head of Reinsurance; WTW Taps Aon’s Bosc for Global Specialty Team

By | March 6th, 2024|Uncategorized|Comments Off on People Moves: Sompo Japan Names Takahashi as Chief Risk Officer, Head of Reinsurance; WTW Taps Aon’s Bosc for Global Specialty Team

This edition of International People Moves details appointments at Sompo Japan and Willis Towers Watson (WTW). A summary of these new hires follows here. Sompo Japan Names Takahashi as Chief Risk Officer, Head of Reinsurance Sompo Holdings Inc. announced that …

6 03, 2024

Bulk Carrier Hit by Missile off Aden, With Fire Onboard: Ship’s Owner

By | March 6th, 2024|Uncategorized|Comments Off on Bulk Carrier Hit by Missile off Aden, With Fire Onboard: Ship’s Owner

The Barbados-flagged True Confidence bulk carrier was hit by a missile on Wednesday 50 nautical miles southwest of Yemen’s Aden, with a fire continuing onboard, the vessel’s owner and operator said. “The vessel is drifting,” Liberia registered owner True Confidence …

6 03, 2024

Chicago Children’s Hospital Restores Some Systems Following Cyberattack

By | March 6th, 2024|Uncategorized|Comments Off on Chicago Children’s Hospital Restores Some Systems Following Cyberattack

CHICAGO (AP) — Doctors and nurses at a premier Chicago children’s hospital can again access patients’ electronic medical records, more than a month after a cyberattack forced Lurie Children’s Hospital to take its networks offline. The hospital provided the update …

6 03, 2024

Washington Commissioner Wants Insurers to Modify Claims Process for Wildfire Victims

By | March 6th, 2024|Uncategorized|Comments Off on Washington Commissioner Wants Insurers to Modify Claims Process for Wildfire Victims

Washington Insurance Commissioner Mike Kreidler on Wednesday sent a letter to insurers urging them to consider loosening personal property claim filing requirements for victims of last summer’s Spokane County wildfires. Insurance companies typically require policyholders to provide a full, itemized …

16 02, 2024

Russia’s Aeroflot Finalizes Insurance Settlement for 7 More Planes

By | February 16th, 2024|Uncategorized|Comments Off on Russia’s Aeroflot Finalizes Insurance Settlement for 7 More Planes

Russia’s Aeroflot has finalized insurance settlements with leasing companies for seven more planes, it said on Friday. Planes leased by Russian airlines from foreign leasing companies have been in limbo since sanctions were imposed over Russia’s military campaign in Ukraine …

16 02, 2024

South Africa’s President Will Sign Health Insurance Bill Into Law

By | February 16th, 2024|Uncategorized|Comments Off on South Africa’s President Will Sign Health Insurance Bill Into Law

South Africa’s President Cyril Ramaphosa said on Thursday that he planned to sign into law a National Health Insurance (NHI) bill that aims to provide universal health coverage to South Africans, although he did not give a time frame. The …