News Archives - Insurance Journal

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1 02, 2023

Feds Grant $132M to Improve California to ve Roads and Tackle Traffic Fatalities

By | February 1st, 2023|Uncategorized|Comments Off on Feds Grant $132M to Improve California to ve Roads and Tackle Traffic Fatalities

U.S. Transportation Secretary Pete Buttigieg announced $800 million in grant awards through the new Safe Streets and Roads for All Grant Program includes 50 grants for communities in California. The competitive grant program, established by President Joe Biden’s infrastructure law, …

1 02, 2023

Florida Citizens Shucks Nationwide Search, Names Cerio New CEO

By | February 1st, 2023|Uncategorized|Comments Off on Florida Citizens Shucks Nationwide Search, Names Cerio New CEO

The Citizens Property Insurance Corp. Board of Governors, in a special meeting Tuesday, surprised some in the Florida insurance industry by naming its general counsel as CEO – without a nationwide search. The board voted unanimously to elevate Tim Cerio …

27 01, 2023

U.S. Says It ‘Hacked the Hackers’ to Bring Down Hive Ransomware Gang

By | January 27th, 2023|Uncategorized|Comments Off on U.S. Says It ‘Hacked the Hackers’ to Bring Down Hive Ransomware Gang

The FBI on Thursday revealed it had secretly hacked and disrupted a prolific ransomware gang called Hive, a maneuver that allowed the bureau to thwart the group from collecting more than $130 million in ransomware demands from more than 300 …

27 01, 2023

CFOs Now Occupy Hottest Seat in Boardroom and Most Acute Labor Shortage

By | January 27th, 2023|Uncategorized|Comments Off on CFOs Now Occupy Hottest Seat in Boardroom and Most Acute Labor Shortage

It’s not just truck drivers and nurses. The most acute labor shortage for many companies right now is the chief financial officer. Assignments for CFO appointments across Europe, the Middle East and Africa are up almost a third on this …

1 02, 2023

$225K Settlement Ends Police Brutality Suit in Ohio’s Largest City

By | February 1st, 2023|Uncategorized|Comments Off on $225K Settlement Ends Police Brutality Suit in Ohio’s Largest City

COLUMBUS, Ohio (AP) _ Officials in Ohio’s largest city have reached a $225,000 settlement with a man who said police officers used improper force during a 2017 arrest. The Columbus City Council voted unanimously Monday to approve the deal with …

27 01, 2023

2022 ‘A Tale of Two Halves’ for Insurance Mergers and Acquisitions

By | January 27th, 2023|Uncategorized|Comments Off on 2022 ‘A Tale of Two Halves’ for Insurance Mergers and Acquisitions

Last year was a tale of two halves for insurance mergers and acquisitions. OPTIS Partners reports 987 agency mergers and acquisitions were announced in 2022 – down 8% from 2021. A significant rise in interest rates and economic uncertainty may …

1 02, 2023

Michigan Plastics Manufacturer to Pay $663K Over Forever Chemicals Violations

By | February 1st, 2023|Uncategorized|Comments Off on Michigan Plastics Manufacturer to Pay $663K Over Forever Chemicals Violations

BRIGHTON, Mich. (AP) – A plastics manufacturer reached an agreement with the state to investigate and address hazardous substances known as “forever chemicals” at a former factory in Livingston County, Attorney General Dana Nessel said Monday. Asahi Kasei Plastics North …

27 01, 2023

Report on Mass Shootings Urges Workplace Violence Prevention Plans

By | January 27th, 2023|Uncategorized|Comments Off on Report on Mass Shootings Urges Workplace Violence Prevention Plans

As the nation reels from a week of high-profile shootings, a new report on mass attacks calls for communities to intervene early when they see warning signs of violence, encourages businesses to consider workplace violence prevention plans and highlights the …

27 01, 2023

$1.5B Dike Repair Finally Done at Florida’s Okeechobee, Protecting Thousands of Home

By | January 27th, 2023|Uncategorized|Comments Off on $1.5B Dike Repair Finally Done at Florida’s Okeechobee, Protecting Thousands of Home

After 18 years, a $1.5 billion project was officially completed to repair the sprawling dike around Florida’s Lake Okeechobee that protects thousands of people from potentially catastrophic flooding during hurricanes. The Herbert Hoover Dike project overseen by the U.S. Army …

27 01, 2023

People Moves: Insurtech Send Expands With Riley in Marketing; NFP Hires Smith for Employee Benefits

By | January 27th, 2023|Uncategorized|Comments Off on People Moves: Insurtech Send Expands With Riley in Marketing; NFP Hires Smith for Employee Benefits

Insurtech Send Announces Senior Hire for North American Expansion Insurtech Send Technology Solutions Ltd. has appointed New York-based Charlie Riley as vice president of marketing, North America, following a $10 million Series A funding round in November 2022. This is …