News Archives - Insurance Journal

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25 01, 2023

Sentry Teams Up With Motive For Commercial Trucking Telematics Program

By | January 25th, 2023|Uncategorized|Comments Off on Sentry Teams Up With Motive For Commercial Trucking Telematics Program

Sentry Insurance, a leading provider of commercial trucking insurance, has announced a telematics program with Motive that will customers up to 5% on their Sentry premiums for sharing their electronic logging device (ELD) and dash cam data from the Motive …

25 01, 2023

Vermont Workers’ Compensation Rates to Fall Again

By | January 25th, 2023|Uncategorized|Comments Off on Vermont Workers’ Compensation Rates to Fall Again

Vermont businesses will see another rate decrease in workers’ compensation insurance in 2023. This will mark the seventh consecutive year of rate reductions. The loss cost decrease of an average 6.7%, which takes effect April 1, will save Vermont employers …

25 01, 2023

Texas Environmentalists Look to Crack Down on Methane Emissions

By | January 25th, 2023|Uncategorized|Comments Off on Texas Environmentalists Look to Crack Down on Methane Emissions

In a marathon three-day public hearing, close to 300 people across the country gave comments on the agency’s supplemental proposal to reduce methane in oil and natural gas operations. Many called in from Texas, New Mexico, Pennsylvania and other oil …

25 01, 2023

Murdaugh Lawyers Want to Bar Lots of Evidence in Trial

By | January 25th, 2023|Uncategorized|Comments Off on Murdaugh Lawyers Want to Bar Lots of Evidence in Trial

Before testimony begins in South Carolina attorney Alex Murdaugh’s murder trial, defense lawyers will ask the judge to make a pair of key rulings this week that could strike a massive amount of evidence from the case. Prosecutors want to …

24 01, 2023

Hazing Lawsuit at Ohio’s Bowling Green Ends With $3M Settlement

By | January 24th, 2023|Uncategorized|Comments Off on Hazing Lawsuit at Ohio’s Bowling Green Ends With $3M Settlement

The family of a student who died from alcohol poisoning while pledging a fraternity will receive nearly $3 million from Bowling Green State University to settle its lawsuit, according to an agreement announced Monday. As part of the settlement, the …

24 01, 2023

Davenport, Iowa Flood Mitigation Projects Set to Start This Year

By | January 24th, 2023|Uncategorized|Comments Off on Davenport, Iowa Flood Mitigation Projects Set to Start This Year

DAVENPORT, Iowa (AP) – In late 2023, residents and business owners will see some of the first projects of Davenport’s flood mitigation plan under construction. The first phase of Davenport’s $165 million plan aims to address floodwaters that surge up …

24 01, 2023

People Moves: Columbia Names Wharton CIO; Global Marine Hires Cochran

By | January 24th, 2023|Uncategorized|Comments Off on People Moves: Columbia Names Wharton CIO; Global Marine Hires Cochran

Columbia Insurance Group Names Wharton Chief Information Officer Columbia Insurance Group has named Lisa Wharton vice president and chief information officer. She will be responsible for planning, directing and coordinating the information technology department. Wharton is an accomplished technology leader …

24 01, 2023

People Moves: Myers Joins Alliant’s Texas Team; Goosehead Names CFO

By | January 24th, 2023|Uncategorized|Comments Off on People Moves: Myers Joins Alliant’s Texas Team; Goosehead Names CFO

Myers Joins Alliant’s Texas Team Mike Myers has joined Alliant Insurance Services as vice president within its employee benefits group. Based in Dallas, Texas, Myers will design and implement strategic employee benefits solutions that add value and provide long-term financial …

24 01, 2023

Texas to Receive $654M in Opioid Funds From CVS, Walgreens

By | January 24th, 2023|Uncategorized|Comments Off on Texas to Receive $654M in Opioid Funds From CVS, Walgreens

Texas Attorney General Paxton announced that the state is joining finalized opioid agreements with CVS and Walgreens totaling $10.7 billion nationally, with CVS paying $5 billion and Walgreens paying $5.7 billion. Texas and its local governments are slated to receive …

24 01, 2023

Hannover Re Transfers Cyber Risks to Capital Markets via Proportional Reinsurance

By | January 24th, 2023|Uncategorized|Comments Off on Hannover Re Transfers Cyber Risks to Capital Markets via Proportional Reinsurance

Hannover Re has developed an additional retrocession tool that for the first time enables the capital markets to participate directly in coverage of its cyber risks through a quota share cession. Longstanding partner Stone Ridge is supporting the transfer with …