News Archives - Insurance Journal

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20 10, 2023

Biggest Polluting Firms Failing on Short-Term Emissions Goals: Investor Pressure Group

By | October 20th, 2023|Uncategorized|Comments Off on Biggest Polluting Firms Failing on Short-Term Emissions Goals: Investor Pressure Group

Fewer than one in five of the world’s biggest polluting companies have short-term emissions reductions targets in line with keeping global temperature rises below 1.5 degrees Celsius, an investor pressure group said on Wednesday. The number of companies pledging to …

20 10, 2023

New York’s Lawley Acquires Connecticut’s Shoff Darby Agency

By | October 20th, 2023|Uncategorized|Comments Off on New York’s Lawley Acquires Connecticut’s Shoff Darby Agency

Buffalo-based independent agency Lawley has acquired Connecticut-based Shoff Darby Companies, Inc., in what Lawley says is it largest acquisition to date. Lawley will add four locations and 75 employees in Connecticut, as well as increase insurance and benefit products and …

25 10, 2023

Liberty Mutual to Repay $7.7 Million to Over 86,000 Policyholders for Alleged Violations of State Insurance Regulations

By | October 25th, 2023|Uncategorized|Comments Off on Liberty Mutual to Repay $7.7 Million to Over 86,000 Policyholders for Alleged Violations of State Insurance Regulations

Liberty Mutual has agreed to repay $7.7 million to more than 86,000 policyholders for auto and homeowners insurance policies for allegedly violating several state insurance regulation laws. In a consent order filed with the Minnesota Department of Commerce, Liberty Mutual …

20 10, 2023

Alex Jones Must Pay $1.1 Billion of Sandy Hook Damages Despite Bankruptcy: Court

By | October 20th, 2023|Uncategorized|Comments Off on Alex Jones Must Pay $1.1 Billion of Sandy Hook Damages Despite Bankruptcy: Court

Conspiracy theorist Alex Jones cannot use his personal bankruptcy to escape paying at least $1.1 billion in defamation damages stemming from his repeated lies about the 2012 Sandy Hook elementary school massacre, a U.S. bankruptcy judge ruled Thursday. Bankruptcy can …

25 10, 2023

People Moves: QBE Germany Appoints 2 Marine U/Ws; BHSI Names Jaghbir as Underwriting Manager in Queensland

By | October 25th, 2023|Uncategorized|Comments Off on People Moves: QBE Germany Appoints 2 Marine U/Ws; BHSI Names Jaghbir as Underwriting Manager in Queensland

This edition of International People Moves details appointments at QBE Germany and Berkshire Hathaway Specialty Insurance (BHSI). A summary of these new hires follows here. QBE Germany Appoints 2 Marine U/Ws QBE Germany has strengthened its Marine team in Hamburg …

25 10, 2023

Atlanta Temporarily Closes 3 Fire Stations Amid Firefighter, Truck Shortage

By | October 25th, 2023|Uncategorized|Comments Off on Atlanta Temporarily Closes 3 Fire Stations Amid Firefighter, Truck Shortage

ATLANTA (AP) — The city of Atlanta has temporarily closed three of its more than 30 fire stations because of truck breakdowns and a shortage of firefighters. Atlanta Fire Rescue Chief Roderick Smith told a City Council committee of the …

20 10, 2023

Blast Reported Aboard Small Cruise Ship in Portland Harbor

By | October 20th, 2023|Uncategorized|Comments Off on Blast Reported Aboard Small Cruise Ship in Portland Harbor

One person was injured and passengers were evacuated Wednesday after an explosion in the engine room of a small cruise ship docked in Maine`s Portland Harbor, officials said. The injured person, a member of the crew, was taken to a …

25 10, 2023

Texas’ QuoteWell Announces Launch of Brokerage Operations

By | October 25th, 2023|Uncategorized|Comments Off on Texas’ QuoteWell Announces Launch of Brokerage Operations

QuoteWell, a tech-enabled commercial insurance wholesale brokerage that is at the forefront of innovating the distribution side of insurance, announced the launch of its brokerage operations to serve independent retail agents. QuoteWell helps agents who are often overlooked and given …

20 10, 2023

GEICO Lays Off 6% of Workforce and Will Require More In-Office Time

By | October 20th, 2023|Uncategorized|Comments Off on GEICO Lays Off 6% of Workforce and Will Require More In-Office Time

In a letter to employees, GEICO president and chief executive officer Todd Combs said the Berkshire Hathaway company is laying off 2,000 associates, or about 6% of the workforce. “This will allow us to become more dynamic, agile, and streamline …

25 10, 2023

California Regulators Suspend Recently Approved San Francisco Robotaxi Service for Safety Reasons

By | October 25th, 2023|Uncategorized|Comments Off on California Regulators Suspend Recently Approved San Francisco Robotaxi Service for Safety Reasons

California regulators have revoked the license of a robotaxi service owned by General Motors after determining its driverless cars that recently began transporting passengers throughout San Francisco are a dangerous menace. The California Department of Motor Vehicles` indefinite suspension of …