News Archives - Insurance Journal

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20 06, 2025

Waymo Applies for NYC Testing Permit, Sending Uber and Lyft Shares Lower

By | June 20th, 2025|Uncategorized|Comments Off on Waymo Applies for NYC Testing Permit, Sending Uber and Lyft Shares Lower

Alphabet Inc.’s Waymo has applied for a permit to test its robotaxis in New York City, underscoring its intent to operate in one of the largest ride-hailing markets in the US despite an absence of local regulations supporting commercially operated …

13 06, 2025

Families of People Killed in Georgia Ferry Dock Collapse Sue Companies That Built it

By | June 13th, 2025|Uncategorized|Comments Off on Families of People Killed in Georgia Ferry Dock Collapse Sue Companies That Built it

Relatives of seven people who drowned in waters off a Georgia island after a ferry dock walkway collapsed announced Wednesday they filed a lawsuit against the companies that designed and built it. Dozens of people were standing on the metal …

20 06, 2025

Pano AI in California Raises $44M Series B to Scale Early Detection

By | June 20th, 2025|Uncategorized|Comments Off on Pano AI in California Raises $44M Series B to Scale Early Detection

San Francisco, California-based Pano AI announced the close of its $44 million Series B funding round. The round, which brings its total amount raised to $89 million, was led by new investor Giant Ventures, with additional new participation from Liberty …

13 06, 2025

European Homeowners Battle Insurers Over $2.9 Trillion Climate Risk

By | June 13th, 2025|Uncategorized|Comments Off on European Homeowners Battle Insurers Over $2.9 Trillion Climate Risk

When Bernard Weisse first noticed a tiny crack in the outer wall of his house on the outskirts of Paris, he dismissed it as little more than a nuisance. But in the four years since, a spiderweb of fissures has …

20 06, 2025

Former Connecticut Trooper Accused of Workers’ Compensation Fraud

By | June 20th, 2025|Uncategorized|Comments Off on Former Connecticut Trooper Accused of Workers’ Compensation Fraud

A former Connecticut state police trooper has been arrested and charged with collecting workers’ compensation benefits totaling $8,341.00 during his employment with the Connecticut Department of Emergency Services and Public Protection (DESPP). Jose Campos, age 32, of Winsted, was arrested …

13 06, 2025

California, 10 Other States Sue to Block Trump From Killing 2035 EV Rules

By | June 13th, 2025|Uncategorized|Comments Off on California, 10 Other States Sue to Block Trump From Killing 2035 EV Rules

A group of 11 states led by California on Thursday filed suit challenging a repeal by Congress of the state’s 2035 electric vehicle rules and heavy duty truck requirements. U.S. President Donald Trump on Thursday signed three resolutions approved by …

20 06, 2025

AmRisc Launches Reciprocal Exchange for Commercial E&S Market

By | June 20th, 2025|Uncategorized|Comments Off on AmRisc Launches Reciprocal Exchange for Commercial E&S Market

AmRisc, a subsidiary of Alabama-based CRC Group and Truist Insurance Holdings, has launched a reciprocal exchange, initally writing in Florida, Georgia, Alabama, California and Colorado, the company announced this week. Calais Reciprocal Insurance Exchange is domiciled in Illinois and plans …

20 06, 2025

People Moves: Circadian Risk Names Schools CFO

By | June 20th, 2025|Uncategorized|Comments Off on People Moves: Circadian Risk Names Schools CFO

Circadian Risk, headquartered in Ann Arbor, Michigan, named Frank Schools as chief financial officer (CFO). Schools will oversee the company’s financial strategy, planning, risk management and reporting functions. Schools previously worked with Circadian Risk principals while serving as CFO of …

13 06, 2025

People Moves: Beazley Taps Swiss Re’s Wunderlich as Head of Parametric Insurance; QBE Promotes Browne to UK Casualty Director

By | June 13th, 2025|Uncategorized|Comments Off on People Moves: Beazley Taps Swiss Re’s Wunderlich as Head of Parametric Insurance; QBE Promotes Browne to UK Casualty Director

This edition of International People Moves details appointments at Beazley and QBE Insurance. A summary of these executive hires follows here. Beazley, headquartered in London, appointed Stefan Wunderlich as head of parametric insurance. Reporting to Richard Montminy, group head of …

20 06, 2025

Ex-Shell US Oil Trading Boss Claims He’s Owed $29 Million Bonus

By | June 20th, 2025|Uncategorized|Comments Off on Ex-Shell US Oil Trading Boss Claims He’s Owed $29 Million Bonus

Shell Plc’s former head of oil trading in the US was stiffed on his 2020 bonus by more than $29 million, he claims in a lawsuit that shines a light on compensation inside the oil major’s lucrative trading unit. John …