News Archives - Insurance Journal

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1 08, 2024

Markets/Coverages: Coalition Introduces Active Cyber Insurance in Germany

By | August 1st, 2024|Uncategorized|Comments Off on Markets/Coverages: Coalition Introduces Active Cyber Insurance in Germany

Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, announced the launch of its Active Cyber Insurance in Germany through its subsidiary, Coalition Insurance Solutions GmbH. Coalition’s offerings became available on Aug. 1, 2024. Cyberattacks and IT system …

2 08, 2024

Captain in California Scuba Boat Fire Must Pay $32K to Families of 3 of 34 People Killed

By | August 2nd, 2024|Uncategorized|Comments Off on Captain in California Scuba Boat Fire Must Pay $32K to Families of 3 of 34 People Killed

A scuba dive boat captain was ordered to pay about $32,000 in restitution to the families of three of the 34 people killed in a fire aboard the vessel in 2019. Jerry Boylan’s criminal negligence as captain of the Conception …

1 08, 2024

Howden to Acquire Allianz UK’s Musical Insurance Book

By | August 1st, 2024|Uncategorized|Comments Off on Howden to Acquire Allianz UK’s Musical Insurance Book

Howden, the global insurance intermediary group, today announces that it has agreed to acquire the Musical Insurance book from Allianz UK and will incorporate its customer base and marketing and operations teams into Howden’s established music scheme, Lark Music. Financial …

2 08, 2024

Marsh McLennan Agency Completes Acquisition of Illinois’ The Horton Group

By | August 2nd, 2024|Uncategorized|Comments Off on Marsh McLennan Agency Completes Acquisition of Illinois’ The Horton Group

Marsh McLennan Agency, a business of Marsh and a leading provider of business insurance, employee health & benefits, retirement & wealth, and private client insurance solutions across North America, today announced the completion of its previously announced agreement to acquire …

1 08, 2024

People Moves: JM Wilson Adds and Promotes Transportation Underwriting Team Members

By | August 1st, 2024|Uncategorized|Comments Off on People Moves: JM Wilson Adds and Promotes Transportation Underwriting Team Members

JM Wilson, headquartered in Portage, Michigan, added new members to its transportation underwriting team. Olga Jaquet was promoted to senior transportation underwriter, responsible for underwriting new and renewal commercial transportation risks and working with carrier underwriters and independent insurance agents …

2 08, 2024

Ryan Specialty Builds with US Assure, a Builder’s Risk Specialist, in Jacksonville

By | August 2nd, 2024|Uncategorized|Comments Off on Ryan Specialty Builds with US Assure, a Builder’s Risk Specialist, in Jacksonville

Ryan Specialty, a publicly traded provider of specialty products for insurance agents, brokers and carriers, has agreed to buy US Assure Insurance Services of Florida, a company specializing in builder’s risk insurance. Based in Jacksonville and founded in 1977, US …

1 08, 2024

Oil and Gas Power Lines Suspected of Causing Texas Panhandle Wildfires

By | August 1st, 2024|Uncategorized|Comments Off on Oil and Gas Power Lines Suspected of Causing Texas Panhandle Wildfires

When a spate of wildfires tore across the Texas Panhandle in February and scorched 20,000 acres of Craig Cowden’s ranch near Skellytown, he decided he had had enough. Cowden took on a second unofficial job: looking for possible fire hazards …

2 08, 2024

California Wildfire Now State’s Fourth Largest on Record, Containment Increased

By | August 2nd, 2024|Uncategorized|Comments Off on California Wildfire Now State’s Fourth Largest on Record, Containment Increased

Firefighters have increased containment on the Park Fire near Chico, California, which at 621 square miles as of Friday is now the fourth largest wildfire in history. The fire, which covers parts of four counties—Butte, Plumas, Shasta and Tehama—has a …

29 07, 2024

Tyco, TIG Insurance Agree to Settle ‘Forever Chemicals’ Fire Foam Litigation

By | July 29th, 2024|Uncategorized|Comments Off on Tyco, TIG Insurance Agree to Settle ‘Forever Chemicals’ Fire Foam Litigation

Three months after Tyco Fire Products agreed to pay $750 million to communities with groundwater affected by so-called “forever chemicals” found in fire-stopping foam, Tyco has reached a tentative settlement with one of its insurance companies. “…We write jointly on …

2 08, 2024

Tropical System Could Bring Heavy Rains, Flooding to Parts of Florida

By | August 2nd, 2024|Uncategorized|Comments Off on Tropical System Could Bring Heavy Rains, Flooding to Parts of Florida

The National Hurricane Center is keeping an eye on a tropical wave that could strengthen over the weekend, bringing heavy rain to parts of Florida. Gov. Ron DeSantis declared a state of emergency for 50 Florida counties ahead of the …