News Archives - Insurance Journal

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17 04, 2025

Former Texas Insurance Broker Charged in Alleged Scam

By | April 17th, 2025|Uncategorized|Comments Off on Former Texas Insurance Broker Charged in Alleged Scam

A former Friendswood, Texas insurance agent turned himself into authorities last week over charges that he fraudulently brokered insurance policies, the Friendswood Police Department announced. Edgar Peralta of Edgar Peralta with Peralta Insurance Brokerage LLC, is charged with theft, a …

17 04, 2025

Black Residents Get Most of the Pollution But Few Jobs From Chemical Industry: Study

By | April 17th, 2025|Uncategorized|Comments Off on Black Residents Get Most of the Pollution But Few Jobs From Chemical Industry: Study

Residents of the mostly Black communities sandwiched between chemical plants along the lower Mississippi River have long said they get most of the pollution but few of the jobs produced by the region’s vast petrochemical industry. A new study led …

17 04, 2025

People Moves: Specialty MGA Appoints 2 Senior Underwriters for Africa & Middle East; DUAL Europe Expands Marine Business With New Team in Hamburg, Germany

By | April 17th, 2025|Uncategorized|Comments Off on People Moves: Specialty MGA Appoints 2 Senior Underwriters for Africa & Middle East; DUAL Europe Expands Marine Business With New Team in Hamburg, Germany

Specialty MGA Appoints 2 Senior Underwriters for Africa & Middle East Specialty MGA Africa & Middle East, part of MNK Group and a sister company of Specialty MGA UK, announced the appointment of two new senior underwriters as it strengthens …

17 04, 2025

Insurtech 1Fort Raises $7.5M to Support AI Binding Tech for Brokers

By | April 17th, 2025|Uncategorized|Comments Off on Insurtech 1Fort Raises $7.5M to Support AI Binding Tech for Brokers

1Fort, the AI platform for business insurance, announced it raised $7.5 million in an oversubscribed funding round led by Bonfire Ventures. The round also included Draper Associates (Tim Draper); Karim Atiyeh, the founder of Ramp; and participation from all existing …

18 04, 2025

New Hampshire Regulates Use of Technology in Auto Claims, Property Underwriting

By | April 18th, 2025|Uncategorized|Comments Off on New Hampshire Regulates Use of Technology in Auto Claims, Property Underwriting

The New Hampshire Insurance Department (NHID) has issued a bulletin clarifying insurers’ obligations when using virtual claims adjustment systems to assess automobile damage. That guidance came in response to a growing number of insurers relying on photo and video submissions …

18 04, 2025

Major Florida Grower to Build New Home Development After Ending Citrus Operations

By | April 18th, 2025|Uncategorized|Comments Off on Major Florida Grower to Build New Home Development After Ending Citrus Operations

FORT MYERS, Fla. (AP) — One of Florida’s biggest citrus growers plans to build a 3,000-acre (1,200 hectare) community in southwest Florida, just months after announcing it was abandoning its citrus-growing operations at the end of this year’s season. Alico, …

18 04, 2025

Federal Judge Blocks Labor Department From Enforcing DEI Ban for Contractors

By | April 18th, 2025|Uncategorized|Comments Off on Federal Judge Blocks Labor Department From Enforcing DEI Ban for Contractors

A federal judge on Tuesday issued a preliminary injunction that prevents the U.S. Department of Labor from requiring government contractors and grant recipients to certify they do not operate any diversity, equity and inclusion programs that run afoul of anti-discrimination …

18 04, 2025

Uber Spends Six Figures on Ads in Latest NY Insurance Reform Push

By | April 18th, 2025|Uncategorized|Comments Off on Uber Spends Six Figures on Ads in Latest NY Insurance Reform Push

Uber Technologies Inc. is spending six figures on advertisements in New York in its latest appeal to lawmakers to address issues stemming from the insolvency of the city’s largest taxi insurer. The rideshare giant launched the campaign on Tuesday as …

11 04, 2025

People Moves: Arch Insurance Taps Seip From LSM as Head of Fine Art & Specie, Europe; Berkshire Hathaway Specialty Insurance Promotes Gormley and Reddin in Ireland

By | April 11th, 2025|Uncategorized|Comments Off on People Moves: Arch Insurance Taps Seip From LSM as Head of Fine Art & Specie, Europe; Berkshire Hathaway Specialty Insurance Promotes Gormley and Reddin in Ireland

Arch Insurance Taps Seip From LSM as Head of Fine Art & Specie for Europe Arch Insurance announced the appointment of Paul Seip as head of Fine Art & Specie, European Markets, with immediate effect. Seip joins Arch Insurance (EU) …

10 04, 2025

NYC Tourist Helicopter Crashes in Hudson River, Killing Six

By | April 10th, 2025|Uncategorized|Comments Off on NYC Tourist Helicopter Crashes in Hudson River, Killing Six

A sightseeing helicopter crashed into the Hudson River on Thursday, killing all six people on board, the latest in a string of incidents in recent months that has rattled confidence in US aviation safety. “At this time, all six victims …