News Archives - Insurance Journal

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27 10, 2023

Three Baltic Pipe and Cable Incidents ‘Are Related’: Estonia

By | October 27th, 2023|Uncategorized|Comments Off on Three Baltic Pipe and Cable Incidents ‘Are Related’: Estonia

The three incidents that resulted in damage to a gas pipeline and two telecom cables between Estonia, Finland and Sweden “are related,” Estonian Prime Minister Kaja Kallas said. Finnish police leading the pipeline investigation have named the Hong-Kong-flagged container carrier …

27 10, 2023

UK Warns of Fake Ozempic Pens After Hospitalizations

By | October 27th, 2023|Uncategorized|Comments Off on UK Warns of Fake Ozempic Pens After Hospitalizations

Britain on Thursday cautioned the public about buying fake weight-loss pens claiming to contain Novo Nordisk’s diabetes drug Ozempic or weight-loss drug Saxenda after reports of a “very small number” of hospitalizations. The warning from the country’s medicines regulator comes …

27 10, 2023

People Moves: New Hampshire Promotes Nyhan to Deputy Insurance Commissioner

By | October 27th, 2023|Uncategorized|Comments Off on People Moves: New Hampshire Promotes Nyhan to Deputy Insurance Commissioner

The New Hampshire Insurance Department announced the promotion of Keith Nyhan as the deputy commissioner. Nyhan has served as director of the Consumer Services unit since 2007. Nyhan brings 28 years of experience in the financial services and insurance sectors …

27 10, 2023

A Second Baltimore Firefighter Has Died After Battling Rowhouse Fire

By | October 27th, 2023|Uncategorized|Comments Off on A Second Baltimore Firefighter Has Died After Battling Rowhouse Fire

]A second Baltimore firefighter has died from injuries sustained while battling a rapidly intensifying blaze that engulfed multiple rowhouses in northwest Baltimore last week, a city official said. Lt. Dillon Rinaldo was hospitalized in critical but stable condition after the …

27 10, 2023

Employee Receives $44K for Vermont Employer’s Retaliatory Firing

By | October 27th, 2023|Uncategorized|Comments Off on Employee Receives $44K for Vermont Employer’s Retaliatory Firing

Kingsbury Companies LLC has paid a worker $40,000 in punitive damages and $3,901 in back pay after the company terminated the employee in retaliation for speaking with the employer and other employees about whether they were receiving the correct pay, …

27 10, 2023

TWFG Acquires Jeff Kincaid Agency in North Carolina

By | October 27th, 2023|Uncategorized|Comments Off on TWFG Acquires Jeff Kincaid Agency in North Carolina

TWFG Insurance, also known as The Woodlands Financial Group, has continued its growth trajectory with the acquisition of Jeff Kincaid Insurance Agency, which has five offices in North Carolina. Kincaid, a former Nationwide Mutual Insurance agent, brings an $18 million …

27 10, 2023

Liberty Mutual Announces 850 Layoffs

By | October 27th, 2023|Uncategorized|Comments Off on Liberty Mutual Announces 850 Layoffs

Boston-based global insurer Liberty Mutual has confirmed that it is laying off about 850 workers, or 2% of its workforce, in the U.S. The terminations will be felt in several departments this month and many will become effective by the …

27 10, 2023

People Moves: FSLA Names DeMott New President, Adds Board Members

By | October 27th, 2023|Uncategorized|Comments Off on People Moves: FSLA Names DeMott New President, Adds Board Members

The Florida Surplus Lines Association installed new officers and directors at its recent annual convention, including new President Dave DeMott, of Gridiron Insurance Underwriters. Other FSLA 2023-2024 board members include: President-elect: Virginia Clancy, ASLI, CIIP, TAPCO Underwriters, Inc. Treasurer: Al …

27 10, 2023

Lawyers Trade Blame for 2019 California Boat Fire That Killed 34 People as Trial Begins

By | October 27th, 2023|Uncategorized|Comments Off on Lawyers Trade Blame for 2019 California Boat Fire That Killed 34 People as Trial Begins

Federal prosecutors said this week that the captain of a scuba dive boat should be held responsible for the deaths of 34 people killed in a fire aboard the vessel in 2019, while the captain`s defense attorneys said the boat’s …

27 10, 2023

Toll Rises to 8 Dead, 63 Hurt in Louisiana Interstate Pileup Blamed on Fog, Fire Smoke

By | October 27th, 2023|Uncategorized|Comments Off on Toll Rises to 8 Dead, 63 Hurt in Louisiana Interstate Pileup Blamed on Fog, Fire Smoke

The toll from a series of crashes on a Louisiana interstate rose to eight dead and 63 injured, a day after a “super fog” of marsh fire smoke and dense fog snared more than 160 vehicles in the fiery pileup, …