News Archives - Insurance Journal

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16 02, 2024

People Moves: Swanick and Hayes Join Centri; Haan Heads World Insurance HR; Carson Joins Risk Strategies

By | February 16th, 2024|Uncategorized|Comments Off on People Moves: Swanick and Hayes Join Centri; Haan Heads World Insurance HR; Carson Joins Risk Strategies

Swanick and Hayes Join Centri Centri Business Consulting, headquartered in Philadelphia, hired John Swanick as senior director and Joe Hayes as managing director to lead its insurance practice. Swanick and Hayes bring over 70 years of combined insurance and financial …

16 02, 2024

Pennsylvania’s State Courts Restore Website Services Disrupted by Cyber Attack

By | February 16th, 2024|Uncategorized|Comments Off on Pennsylvania’s State Courts Restore Website Services Disrupted by Cyber Attack

The Pennsylvania state court system has restored all of its digital platforms that were disrupted by a February 4 cyber attack. In an update, Chief Justice Debra Todd reported that the system’s news, statistics, court opinions and the civics educational …

16 02, 2024

New Bill Would Still Permit Smoking in Atlantic City Casinos But With More Restrictions

By | February 16th, 2024|Uncategorized|Comments Off on New Bill Would Still Permit Smoking in Atlantic City Casinos But With More Restrictions

Atlantic City casinos would be able to continue to allow gamblers to smoke on the casino floor under a new bill that would impose additional restrictions on lighting up. New Jersey state Sen. John Burzichelli introduced a bill Monday giving …

16 02, 2024

Canada’s Co-operators Enters Home-Services Business With Carson Dunlop Purchase

By | February 16th, 2024|Uncategorized|Comments Off on Canada’s Co-operators Enters Home-Services Business With Carson Dunlop Purchase

Co-operators Financial Services Ltd. announced the acquisition of the parent company of Carson Dunlop & Associates Ltd., a consulting engineering firm that provides advice to help homeowners make better, more informed decisions about their homes, while also providing education and …

16 02, 2024

Maryland Issues Insurance Scam Warning for Businesses

By | February 16th, 2024|Uncategorized|Comments Off on Maryland Issues Insurance Scam Warning for Businesses

The Maryland Insurance Administration (MIA) is warning of an insurance-related scam targeting small painting, construction, and cleaning businesses. The fraudulent offers may be received by email, text message, or phone call. MIA advises businesses that are contacted by anyone offering …

16 02, 2024

Georgia, NC Women Face Insurance Fraud Charges After Auto Accident Claims

By | February 16th, 2024|Uncategorized|Comments Off on Georgia, NC Women Face Insurance Fraud Charges After Auto Accident Claims

Georgia law enforcement authorities were searching for a Lawrenceville woman who allegedly submitted fabricated medical records in an auto insurance claim in an effort to collect $15,000, the state insurance commissioner said. The insurer was not named in the bulletin …

16 02, 2024

US Offers Up to $10M Reward for Info Leading to Leaders of Notorious Ransomware Gang

By | February 16th, 2024|Uncategorized|Comments Off on US Offers Up to $10M Reward for Info Leading to Leaders of Notorious Ransomware Gang

If you’ve got information on one of the world’s most prolific ransomware gangs, you could stand to make a cool $10 million. The Department of State on Thursday announced a reward of up to $10 million for anyone who can …

16 02, 2024

Waymo Recalls 444 Self-Driving Vehicles Over Software Error

By | February 16th, 2024|Uncategorized|Comments Off on Waymo Recalls 444 Self-Driving Vehicles Over Software Error

Alphabet’s Waymo unit has recalled 444 self-driving vehicles after two minor collisions in quick succession in Arizona because a software error could result in them inaccurately predicting the movement of a towed vehicle. All of the vehicles are in the …

16 02, 2024

Under New Owners, Florida’s TRUE Gets Slight Downgrade, Withdraws from AM Best

By | February 16th, 2024|Uncategorized|Comments Off on Under New Owners, Florida’s TRUE Gets Slight Downgrade, Withdraws from AM Best

Six weeks after Trusted Resource Underwriters Exchange, a Florida-based reciprocal property insurer, announced it had received a $1.25 billion capital investment and new majority ownership, the AM Best rating firm has slightly downgraded the exchange’s financial strength and credit ratings. …

16 02, 2024

Cyber Risk Management Specialist KYND Secures New Funding for Global Growth Plans

By | February 16th, 2024|Uncategorized|Comments Off on Cyber Risk Management Specialist KYND Secures New Funding for Global Growth Plans

KYND, the London-based provider of cyber risk management solutions, has disclosed “a substantial investment” to propel expansion and further growth. The investment comes from Verisk, a leading global data analytics and technology provider, and existing backer BGF, one of the …