News Archives - Insurance Journal

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7 06, 2024

People Moves: Ascot Underwriting Names Thompson as CEO, Keith Named Head of Ascot Bermuda; Geneva Assn. Appoints AIA’s Top Executive as Chair

By | June 7th, 2024|Uncategorized|Comments Off on People Moves: Ascot Underwriting Names Thompson as CEO, Keith Named Head of Ascot Bermuda; Geneva Assn. Appoints AIA’s Top Executive as Chair

This edition of International People Moves details appointments at Ascot Underwriting Ltd. and Ascot Bermuda, along with The Geneva Association. A summary of these new hires follows here. Ascot Group Ltd., the Bermuda-based global specialty insurance company, announced the appointments …

7 06, 2024

California City Awarded Grant to study Insurance Protections from Sea Level Rise

By | June 7th, 2024|Uncategorized|Comments Off on California City Awarded Grant to study Insurance Protections from Sea Level Rise

A California city has been awarded a grant to study insurance protections from sea level rise. The City of Imperial Beach received an $848,000 grant to develop flooding adaptation strategies to help prepare residents for coastal flooding expected to intensify …

7 06, 2024

Report Shows Increase in Total EV Loss Claims

By | June 7th, 2024|Uncategorized|Comments Off on Report Shows Increase in Total EV Loss Claims

A new report shows a jump in total loss frequency for both electric and newer internal combustion engine automobiles. Mitchell this week released its Q1 2024 trends report: Plugged-In: EV Collision Insights. The report shows EV total loss frequency has …

7 06, 2024

Ex-Prosecutor Settles Defamation Suit Against Netflix Over Central Park Five Series

By | June 7th, 2024|Uncategorized|Comments Off on Ex-Prosecutor Settles Defamation Suit Against Netflix Over Central Park Five Series

Former Manhattan prosecutor Linda Fairstein and Netflix announced Tuesday they’ve settled the defamation lawsuit she filed four years ago over her portrayal in the streaming service’s miniseries about the five Black and Latino teenagers known as the now-exonerated Central Park …

7 06, 2024

Environmental Groups Looking to Sue Colorado Refinery for 1K-plus Pollution Violations

By | June 7th, 2024|Uncategorized|Comments Off on Environmental Groups Looking to Sue Colorado Refinery for 1K-plus Pollution Violations

Environmental groups took the first step to sue the owner of an oil refinery near Denver for years of pollution violations, saying that state regulators haven’t done enough to hold the owner accountable. The refinery owned by Suncor Energy sits …

7 06, 2024

Student Pilot’s Solo Cross-Country Flight Crashed In Connecticut Campground

By | June 7th, 2024|Uncategorized|Comments Off on Student Pilot’s Solo Cross-Country Flight Crashed In Connecticut Campground

PLYMOUTH, Conn. (AP) — A student pilot was attempting a solo cross-country flight before crashing into a Connecticut campground, according to a federal aviation report released Tuesday. The 1968, fixed-wing, single-engine Cessna 172 aircraft had “sputtered” and “quit” on Monday, …

6 06, 2024

Safety Dangers From Sanctioned Tanker Fleet Growing, Ship Manager Says

By | June 6th, 2024|Uncategorized|Comments Off on Safety Dangers From Sanctioned Tanker Fleet Growing, Ship Manager Says

Safety dangers are growing from aging and unregulated vessels, leading ship management firm V.Group told Reuters, adding it had stopped providing services to 30 tankers last year after they were sold to companies that did not pass compliance checks. Up …

6 06, 2024

Rhode Island Bars Auto Insurers From Hiking Rates on Widows and Widowers

By | June 6th, 2024|Uncategorized|Comments Off on Rhode Island Bars Auto Insurers From Hiking Rates on Widows and Widowers

A new Rhode Island law prohibits auto insurers from charging policyholders more solely because they have been widowed. The new law bans insurers from treating widows or widowers any differently than married people in terms of classification or rates beginning …

6 06, 2024

People Moves: Chubb Promotes Kirk as Division President of Chubb Global Markets; Everest Re Promotes Doshi to Head of North America Treaty Casualty

By | June 6th, 2024|Uncategorized|Comments Off on People Moves: Chubb Promotes Kirk as Division President of Chubb Global Markets; Everest Re Promotes Doshi to Head of North America Treaty Casualty

This edition of International People Moves details appointments at Chubb and Everest Re. A summary of these new hires follows here. Chubb Promotes Kirk as Division President of Chubb Global Markets Chubb announced that David Kirk has been appointed division …

6 06, 2024

Brazilian Butt Lift Clinics Must Now Carry Liability Insurance Under New Florida Law

By | June 6th, 2024|Uncategorized|Comments Off on Brazilian Butt Lift Clinics Must Now Carry Liability Insurance Under New Florida Law

Practitioners of Brazilian butt lift surgery, repeatedly in the news after infections and at least two patient deaths in south Florida, must now obtain medical malpractice liability insurance, thanks to a bill signed into law last month. House Bill 1561, …