News Archives - Insurance Journal

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27 01, 2023

Maryland AG Files Environmental Complaint Against Recycling Firm for Open Dumps

By | January 27th, 2023|Uncategorized|Comments Off on Maryland AG Files Environmental Complaint Against Recycling Firm for Open Dumps

Maryland Attorney General Anthony G. Brown has filed a civil complaint, on behalf of the Maryland Department of the Environment, against World Recycling Co. and three related entities (WRC). The complaint, filed in the Circuit Court for Prince George’s County, …

27 01, 2023

Alera Group Acquires Hackney Agency in North Carolina

By | January 27th, 2023|Uncategorized|Comments Off on Alera Group Acquires Hackney Agency in North Carolina

Alera Group, an independent insurance and wealth management firm, has acquired the John Hackney Agency in North Carolina. Hackney, with offices in Wilson, in the eastern part of the state, was founded in 1895 by the Hackney brothers’ great-grandfather, the …

27 01, 2023

Risk Strategies Buys Tanenbaum-Harber Agency in Florida

By | January 27th, 2023|Uncategorized|Comments Off on Risk Strategies Buys Tanenbaum-Harber Agency in Florida

Risk Strategies, a national insurance brokerage, has acquired Florida’s Tanenbaum-Harber, a risk management and insurance advisor. Based in Miramar, Florida, Tanenbaum-Harber traces its beginnings to 1860, the companies said in a news release. It is considered one of the largest …

26 01, 2023

OSHA Fines 2 Ohio Metal Casting Facilities For Mixing Water And Molten Material

By | January 26th, 2023|Uncategorized|Comments Off on OSHA Fines 2 Ohio Metal Casting Facilities For Mixing Water And Molten Material

With proper training, people working in metal casting facilities know that mixing water and molten material can be a serious, if not deadly mistake, as tragic incidents at two Ohio companies in 2022 showed. On July 10, the combination of …

26 01, 2023

Tornado Causes Damage East of Houston

By | January 26th, 2023|Uncategorized|Comments Off on Tornado Causes Damage East of Houston

PASADENA, Texas (AP) – A powerful storm system took aim at the Gulf Coast on Tuesday, spawning a tornado that downed utility poles and power lines, overturned vehicles and ripped roofs off homes and businesses in communities east of Houston. …

26 01, 2023

Acrisure Re’s Facultative Team Expands Into Poland Via Partnership With Smartt Re

By | January 26th, 2023|Uncategorized|Comments Off on Acrisure Re’s Facultative Team Expands Into Poland Via Partnership With Smartt Re

Acrisure Re, the re/insurance division of top-10 global insurance broker and fintech platform Acrisure, announced that its facultative team has signed a preferred partnership broker agreement with Smartt Re, specifically for Central Eastern European (CEE) facultative business, effective immediately. Headquartered …

26 01, 2023

Swiss Re’s CUO Léger Appointed CEO of SCOR, as Rousseau Steps Down

By | January 26th, 2023|Uncategorized|Comments Off on Swiss Re’s CUO Léger Appointed CEO of SCOR, as Rousseau Steps Down

The SCOR Board of Directors has appointed Swiss Re’s Chief Underwriting Officer Thierry Léger as chief executive officer of SCOR. Léger will take up his post as CEO of SCOR with effect from May 1, 2023. has 25 years of …

26 01, 2023

Miller Restructures Business Into 2 Divisions to Support UK and International Growth

By | January 26th, 2023|Uncategorized|Comments Off on Miller Restructures Business Into 2 Divisions to Support UK and International Growth

Miller, the London-based independent specialist re/insurance broker, announced the strategic re-alignment of its business into two divisions, Miller UK and Miller International, as the firm continues to build out its presence both in the UK and internationally. Miller International will …

26 01, 2023

ACLU Sues Bennington Police Over 2016 Investigation, Arrest

By | January 26th, 2023|Uncategorized|Comments Off on ACLU Sues Bennington Police Over 2016 Investigation, Arrest

BENNINGTON, Vt. (AP) — A Bennington man is suing the town, its police chief and two officers, accusing them of violating his constitutional rights by arresting him in the 2016 armed robbery of two convenience store workers even though he …

26 01, 2023

Global Insured Losses From Natural Disasters Topped $130B in 2022 in 5th Costliest Year

By | January 26th, 2023|Uncategorized|Comments Off on Global Insured Losses From Natural Disasters Topped $130B in 2022 in 5th Costliest Year

Economic losses from natural disasters in 2022 were estimated at $313 billion, with an insurance price tag of approximately $132 billion, according to Aon. Roughly 42% of economic losses were covered by public and private insurance entities, which translates into …