News Archives - Insurance Journal

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11 07, 2023

Indonesia Seizes Iranian-Flagged Tanker Suspected of Illegal Oil Transfer

By | July 11th, 2023|Uncategorized|Comments Off on Indonesia Seizes Iranian-Flagged Tanker Suspected of Illegal Oil Transfer

Indonesia’s coast guard said on Tuesday it seized an Iranian-flagged supertanker suspected of involvement in the illegal transshipment of crude oil, and vowed to toughen maritime patrols. The MT Arman 114 was carrying 272,569 metric tons of light crude oil, …

11 07, 2023

Contrade Insurance Group Announces Kansas Acquisitions

By | July 11th, 2023|Uncategorized|Comments Off on Contrade Insurance Group Announces Kansas Acquisitions

Newton, Kansas-based Conrade Insurance Group (CIG) announces three business acquisitions that have taken place in the first half of 2023, moves the company said expand the firm’s capabilities and strengthen their commitment to client service excellence. In January, Wichita-based The …

11 07, 2023

People Moves: Allianz Commercial Taps AIG’s Sandric as Leader Asia Region; Banyan Risk Appoints Munro as CUO; Miller Strengthens Entertainment Team With Senior Hire

By | July 11th, 2023|Uncategorized|Comments Off on People Moves: Allianz Commercial Taps AIG’s Sandric as Leader Asia Region; Banyan Risk Appoints Munro as CUO; Miller Strengthens Entertainment Team With Senior Hire

This edition of International People Moves details appointments at Allianz Commercial, Banyan Risk and Miller. A summary of these new hires follows here. Allianz Commercial Taps AIG’s Sandric as Leader Asia Region Allianz Commercial announced that Christian Sandric has been …

11 07, 2023

Flash Floods Rage in Vermont, New York; Woman Killed; Economic Impact Could Hit $5B

By | July 11th, 2023|Uncategorized|Comments Off on Flash Floods Rage in Vermont, New York; Woman Killed; Economic Impact Could Hit $5B

Torrential downpours unleashed flash floods on the U.S. Northeast on Monday that washed out roadways, overwhelmed rivers, prompted 50 swift boat rescues and killed a woman who was swept away in front of her fiancé, officials said. More than 13 …

11 07, 2023

Jurors Urged to Impose Heavy Punitive Damages in J&J Talc Trial

By | July 11th, 2023|Uncategorized|Comments Off on Jurors Urged to Impose Heavy Punitive Damages in J&J Talc Trial

Lawyers for a California man who says he developed a rare cancer from exposure to asbestos in Johnson & Johnson’s talc-based baby powder on Monday urged a jury to order the company to pay heavy punitive damages, calling its conduct …

11 07, 2023

12 Southern California Homes Evacuated After Ground Shifts

By | July 11th, 2023|Uncategorized|Comments Off on 12 Southern California Homes Evacuated After Ground Shifts

Twelve homes were evacuated in a Los Angeles-area city after a major ground shift put them at risk of collapse, officials said. Janice Hahn, chair of the Los Angeles County Board of Supervisors, visited Rolling Hills Estates, a city 19 …

11 07, 2023

People Moves: WTW Names Mascaro Hospitality Leader; Leach SVP, Founder of K2 Financial US Ops; MEMIC Hires Underwriters

By | July 11th, 2023|Uncategorized|Comments Off on People Moves: WTW Names Mascaro Hospitality Leader; Leach SVP, Founder of K2 Financial US Ops; MEMIC Hires Underwriters

WTW announced the appointment of Juan Mascaro as hospitality segment leader, a part of the Real Estate, Hospitality, and Leisure Division within Corporate Risk and Broking (CRB), North America. Mascaro has more than two decades of insurance industry experience in …

11 07, 2023

People Moves: Stephens Names Alabama-based Green Head of Cyber Risk

By | July 11th, 2023|Uncategorized|Comments Off on People Moves: Stephens Names Alabama-based Green Head of Cyber Risk

Stephens Insurance LLC has named Mark Green, of Alabama, as senior vice president for cyber risk, the company announced. Stephens, headquartered in Little Rock, Arkansas, said Green has more than 20 years of experience in the insurance business, most recently …

11 07, 2023

Gensler Asserts SEC Authority Over Crypto as Opponents Waver

By | July 11th, 2023|Uncategorized|Comments Off on Gensler Asserts SEC Authority Over Crypto as Opponents Waver

Gary Gensler’s Securities and Exchange Commission is filling the crypto regulatory void, and the industry and its backers on Capitol Hill have so far been unable to check him. The tide was supposed to turn when Republicans gained control over …

11 07, 2023

Minor Quakes Rattle Parts of East Tennessee, Virginia

By | July 11th, 2023|Uncategorized|Comments Off on Minor Quakes Rattle Parts of East Tennessee, Virginia

Multiple, minor earthquakes have been reported in western North Carolina in recent months but now they’re being felt in Tennessee and Virginia, the U.S. Geological Survey has reported. A 2.2-magnitude quake happened Friday evening near Sevierville, in eastern Tennessee, not …