News Archives - Insurance Journal

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15 12, 2023

Some UK Financial Services Firms Keep Flexible Working to Boost Women in Workforce

By | December 15th, 2023|Uncategorized|Comments Off on Some UK Financial Services Firms Keep Flexible Working to Boost Women in Workforce

As firms across the City of London consider clamping down on working from home, Schroders Plc is sticking to its policy of letting workers decide how much time they spend in the office. “Flexible working provides a strong link to …

15 12, 2023

South Carolina Education Chief Wants Police to Have Maps of Schools for Shooter Response

By | December 15th, 2023|Uncategorized|Comments Off on South Carolina Education Chief Wants Police to Have Maps of Schools for Shooter Response

GILBERT, S.C. (AP) — South Carolina’s top education official plans to ask lawmakers for $5 million to put a digital map of every school in the state online and make those maps immediately available on police officers’ mobile devices as …

15 12, 2023

Oakbridge Expands with M D Iverson Group in Georgia

By | December 15th, 2023|Uncategorized|Comments Off on Oakbridge Expands with M D Iverson Group in Georgia

Oakbridge Insurance Agency has continued its expansion plans with the acquisition of M D Iverson Group, an Atlanta-area agency and brokerage that focuses on commercial products and high-net-worth individuals. M D Iverson will continue to operate its Fairburn, Georgia, office. …

15 12, 2023

Webster Bank to Buy Insurance Settlement Funds Administrator

By | December 15th, 2023|Uncategorized|Comments Off on Webster Bank to Buy Insurance Settlement Funds Administrator

Stamford, Connecticut-based Webster Bank has agreed to acquire Ametros Financial Corp., a Wilmington, Massachusetts-based custodian and administrator of medical funds from insurance claim settlements. The bank is acquiring the firm from funds managed by Long Ridge Equity Partners. Terms were …

15 12, 2023

Washington College Student Dies, Others Sickened in Apparent Carbon Monoxide Leak

By | December 15th, 2023|Uncategorized|Comments Off on Washington College Student Dies, Others Sickened in Apparent Carbon Monoxide Leak

Authorities brought in outside experts to find the source of carbon monoxide believed to have killed one student and sickened two others at a college in Washington. The experts, from a forensic engineering firm that specializes in carbon monoxide investigations, …

15 12, 2023

Home Depot Appeals to Get Defense Costs From CGL Policies for 2014 Breach

By | December 15th, 2023|Uncategorized|Comments Off on Home Depot Appeals to Get Defense Costs From CGL Policies for 2014 Breach

Think cyber events don’t have long tail? Consider this: Home Depot is still in a legal battle to get $50 million in coverage from two insurers nearly a decade after hackers used point-of-sale machines to hack the retailer. In a …

15 12, 2023

Alliant Expands with Three New VPs in the Southeast

By | December 15th, 2023|Uncategorized|Comments Off on Alliant Expands with Three New VPs in the Southeast

California-based Alliant Insurance Services, an insurance distributor with offices across the country, has expanded its staff in the Southeast. The firm said it had named Logan Jonston as vice president in its Alliant Americas division and will be based in …

15 12, 2023

NHTSA Takes Step Toward Requiring New Vehicles to Prevent Impaired or Drunk Driving

By | December 15th, 2023|Uncategorized|Comments Off on NHTSA Takes Step Toward Requiring New Vehicles to Prevent Impaired or Drunk Driving

U.S. auto safety regulators say they have taken the first step toward requiring devices in vehicles that prevent drunk or impaired driving. The National Highway Traffic Safety Administration announced on Tuesday that it is starting the process to put a …

15 12, 2023

Family of Chicago Woman Who Died in Hotel Freezer Accepts $10 Million Settlement

By | December 15th, 2023|Uncategorized|Comments Off on Family of Chicago Woman Who Died in Hotel Freezer Accepts $10 Million Settlement

CHICAGO (AP) – The family of a Chicago woman who froze to death after she became locked in a hotel freezer has agreed to a $10 million legal settlement. Kenneka Jenkins` mother, Tereasa Martin, will receive about $3.7 million, according …

15 12, 2023

Relation Insurance Acquires Kansas-Based Kane Insurance Agency

By | December 15th, 2023|Uncategorized|Comments Off on Relation Insurance Acquires Kansas-Based Kane Insurance Agency

Relation Insurance Services acquired the assets of Kane Insurance Agency. The transaction went into effect on December 1, 2023 and terms of the transaction were not disclosed. Serving Illinois individuals and businesses for more than 60 years, Kane is located …