News Archives - Insurance Journal

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23 10, 2023

R&Q Insurance to Sell Insurance and Program Management Unit to Canada’s Onex

By | October 23rd, 2023|Uncategorized|Comments Off on R&Q Insurance to Sell Insurance and Program Management Unit to Canada’s Onex

Bermuda-based global specialty insurance firm R&Q Insurance Holdings said on Friday it would divest its insurance and program management business, Accredited, to Onex Corp. for an enterprise value of $465 million. Proceeds from the sale, expected to be around $300 …

26 10, 2023

Conservatives Challenging Nasdaq Board Diversity Rule Appeal to Full 5th Circuit

By | October 26th, 2023|Uncategorized|Comments Off on Conservatives Challenging Nasdaq Board Diversity Rule Appeal to Full 5th Circuit

A conservative group that lost a challenge to Nasdaq’s board diversity disclosure rule appealed the decision on Wednesday, requesting a full court review and saying that the rule discriminates based on race and sex. The rule approved by the U.S. …

23 10, 2023

More UK Staff Coming Into the Office Now Outnumber Hybrid Workers

By | October 23rd, 2023|Uncategorized|Comments Off on More UK Staff Coming Into the Office Now Outnumber Hybrid Workers

British workers coming into the office every day outnumber those who spend part of the week working from home, for the first time since the end of pandemic restrictions. A survey by recruitment company Hays Plc of nearly 15,000 white-collar …

25 10, 2023

Florida-based Brown & Brown Beats Expectations with Earnings, Dividends

By | October 25th, 2023|Uncategorized|Comments Off on Florida-based Brown & Brown Beats Expectations with Earnings, Dividends

Brown & Brown Inc. (BRO on NYSE) this week reported third-quarter earnings of $175.9 million. The Daytona Beach, Florida-based brokerage said it had net income of 62 cents per share. Earnings, adjusted for non-recurring costs, came to 71 cents per …

23 10, 2023

Pacific and Atlantic Hurricanes Norma and Tammy Hit Mexico and Barbuda

By | October 23rd, 2023|Uncategorized|Comments Off on Pacific and Atlantic Hurricanes Norma and Tammy Hit Mexico and Barbuda

Hurricane Norma came ashore near the Pacific resort of Los Cabos at the southern tip of Mexico’s Baja California Peninsula on Saturday afternoon. Hours later, Hurricane Tammy made landfall on the Caribbean island of Barbuda. The storms were each Category …

25 10, 2023

Tesla Aware of Autopilot Steering Malfunction Before Fatal Crash: Lawyer

By | October 25th, 2023|Uncategorized|Comments Off on Tesla Aware of Autopilot Steering Malfunction Before Fatal Crash: Lawyer

An attorney suing Tesla over a fatal accident cited an internal safety analysis conducted by the company that showed it knew about a steering malfunction in its Autopilot driver assistant feature about two years earlier. The disclosure came during closing …

23 10, 2023

Tech Update: AXA XL Launches Virtual Reality Training Solution for Risk Managers

By | October 23rd, 2023|Uncategorized|Comments Off on Tech Update: AXA XL Launches Virtual Reality Training Solution for Risk Managers

AXA XL Risk Consulting announced the launch of AXA Immersive Solutions, an innovative training solution leveraging virtual reality (VR) and digital twin technologies. AXA Immersive Solutions gives AXA XL’s risk consultants access to a 3D model of a standard factory …

25 10, 2023

People: Myers Named Benefits Group VP at Alliant

By | October 25th, 2023|Uncategorized|Comments Off on People: Myers Named Benefits Group VP at Alliant

Alliant Insurance Services, a distributor based in California, said it has named Scott Myers vice president of its employee benefits group. Myers is based in West Palm Beach. He has 15 years’ experience and has worked as a benefits consultant …

23 10, 2023

UK Broker Jensten Acquires UK-Based Berns Brett

By | October 23rd, 2023|Uncategorized|Comments Off on UK Broker Jensten Acquires UK-Based Berns Brett

Jensten, the London-based independent insurance broking group, has completed the acquisition of Berns Brett following regulatory approval. Financial details of the deal were not disclosed. With offices in London, West Sussex and Cavan, Ireland, Berns Brett brings a team of …

25 10, 2023

South Carolina Prosecutors Want to Limit Minority Leader’s Sway Over Judges

By | October 25th, 2023|Uncategorized|Comments Off on South Carolina Prosecutors Want to Limit Minority Leader’s Sway Over Judges

COLUMBIA, S.C. (AP) — Nine of South Carolina`s 16 elected prosecutors are asking to remove all legislators who are lawyers from a committee that decides which judicial candidates are put before the General Assembly for election. All six of the …