News Archives - Insurance Journal

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25 10, 2023

Chubb Q3 Net Income Increases 158% to $2 Billion

By | October 25th, 2023|Uncategorized|Comments Off on Chubb Q3 Net Income Increases 158% to $2 Billion

Third quarter net income at Chubb Ltd. shot up to $2.04 billion, an increase of nearly 158% over last year’s $792 million during the same quarter. Chubb’s P/C underwriting income was up about 84% to $1.3 billion in the third …

20 10, 2023

Suspended Miami City Commissioner Pleads Not Guilty to Money Laundering Charges

By | October 20th, 2023|Uncategorized|Comments Off on Suspended Miami City Commissioner Pleads Not Guilty to Money Laundering Charges

MIAMI (AP) — A suspended Miami city commissioner who is accused of accepting $245,000 in exchange for voting to approve construction of a sports facility has pleaded not guilty to multiple felony charges, including bribery and money laundering. Alex Diaz …

24 10, 2023

Marsh Specialty Cyber Goes Global in 2024, Led by Reagan

By | October 24th, 2023|Uncategorized|Comments Off on Marsh Specialty Cyber Goes Global in 2024, Led by Reagan

Insurance broker Marsh said it is starting a global cyber practice at the start of 2024, led by Tom Reagan. Currently Marsh Specialty’s cyber practice leader, US and Canada, Reagan will become global specialty head of cyber. He will continue …

20 10, 2023

Nebraska Sheriff Charged With Filing Fraudulent Auto Insurance Claim

By | October 20th, 2023|Uncategorized|Comments Off on Nebraska Sheriff Charged With Filing Fraudulent Auto Insurance Claim

ORD, Neb. (AP) – A small-town Nebraska sheriff has been charged with filing a fraudulent auto insurance claim to get the repairs to his yellow 2004 Chevrolet Monte Carlo paid for. The complaint filed against Valley County Sheriff Casey Hurlburt …

24 10, 2023

New York Requires Kids’ Camps to Search National Sex Offender Database Before Hiring

By | October 24th, 2023|Uncategorized|Comments Off on New York Requires Kids’ Camps to Search National Sex Offender Database Before Hiring

New York Governor Kathy Hochul recently signed legislation to give families sending their kids to camps added peace of mind about the camps’ hiring practices. The legislation (S.6063/A.4117) directs the New York State Department of Health to require operators of …

20 10, 2023

Computer Systems for Almost All Kansas Courts Offline Due to Security Incident

By | October 20th, 2023|Uncategorized|Comments Off on Computer Systems for Almost All Kansas Courts Offline Due to Security Incident

TOPEKA, Kan. (AP) – Computer systems for almost all of Kansas` courts have been offline for five days because of what officials call a “security incident,” preventing them from accepting electronic filings and blocking public access to many of their …

24 10, 2023

One Dead, Four Missing After Freighters Collide in North Sea

By | October 24th, 2023|Uncategorized|Comments Off on One Dead, Four Missing After Freighters Collide in North Sea

One body has been recovered, two people have been rescued, and four are missing after two freighters collided in the North Sea off the coast of Germany, the maritime emergency authority said on Tuesday. The Verity, which the Central Command …

20 10, 2023

Independent Insurance Agents of Illinois Presents Annual Awards

By | October 20th, 2023|Uncategorized|Comments Off on Independent Insurance Agents of Illinois Presents Annual Awards

The Independent Insurance Agents of Illinois ((IA of IL) presented awards to top agents and agencies during the association’s annual convention held in Peoria last week. Connor & Gallagher OneSource (CGO) of Lisle was awarded the IIA of IL Agency …

24 10, 2023

People Moves: Texas Mutual Promotes Sherrouse and Dowling to VP Positions

By | October 24th, 2023|Uncategorized|Comments Off on People Moves: Texas Mutual Promotes Sherrouse and Dowling to VP Positions

Texas Mutual Promotes Sherrouse and Dowling to VP Positions Texas Mutual Insurance Company, headquartered in Austin, Texas, promoted two current employees to vice president. Peppia Sherrouse is Texas Mutual’s new vice president of claim operations. She previously served as vice …

20 10, 2023

TWIA Board to Hold Interim Meeting to Discuss 2024 Budget

By | October 20th, 2023|Uncategorized|Comments Off on TWIA Board to Hold Interim Meeting to Discuss 2024 Budget

The Texas Windstorm Insurance Association (TWIA) Board of Directors will hold an interim meeting on Tuesday, October 31 at 10:00 a.m. CT to review preliminary information about the Association’s 2024 budget. TWIA staff will preview the 2024 budget ahead of …