News Archives - Insurance Journal

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24 03, 2023

Coal Miner Killed in West Virginia, Second Fatality This Year in the State

By | March 24th, 2023|Uncategorized|Comments Off on Coal Miner Killed in West Virginia, Second Fatality This Year in the State

A coal miner died Wednesday in an accident at a northern West Virginia mine, Gov. Jim Justice said. Cecil Barker, 62, of Philippi, was working as a surveyor at Century Mining’s Longview Mine in Barbour County. Two other surveyors were …

24 03, 2023

Atlanta ‘Cop City’ Activists Question Police Evidence

By | March 24th, 2023|Uncategorized|Comments Off on Atlanta ‘Cop City’ Activists Question Police Evidence

When police stormed an Atlanta-area music festival two days after a rainstorm, they were looking for suspects wearing muddy clothing. Authorities moved in on the South River Music Festival on the evening of March 5, over an hour after more …

24 03, 2023

Reinsurers Average 12.1% Premium Growth for Full-Year 2022: Gallagher Re

By | March 24th, 2023|Uncategorized|Comments Off on Reinsurers Average 12.1% Premium Growth for Full-Year 2022: Gallagher Re

Reinsurers’ premium growth averaged 12.1% for full-year 2022 and 10.2% for the fourth quarter, which was driven by improved pricing for commercial lines and reinsurance business, according to Gallagher Re. However, the strongest FY 2022 increase of 16.7%-plus came from …

24 03, 2023

China Detains Staff, Raids Office of U.S. Due Diligence Firm Mintz Group

By | March 24th, 2023|Uncategorized|Comments Off on China Detains Staff, Raids Office of U.S. Due Diligence Firm Mintz Group

Chinese authorities raided the office of U.S. corporate due diligence firm Mintz Group in Beijing and detained five local staff, the company said, putting foreign companies in China on alert just as the country hosts an international economic forum. News …

24 03, 2023

After Non-Renewals, Castle Key Files 53.5% Increase for Remaining Fla. Condo Policies

By | March 24th, 2023|Uncategorized|Comments Off on After Non-Renewals, Castle Key Files 53.5% Increase for Remaining Fla. Condo Policies

Two months after Allstate announced that a Florida subsidiary would non-renew 33,000 condominium policies, the company has filed for a 53.5% average rate increase. Castle Key Indemnity Co., which until recently held some 278,000 policies in Florida, making it one …

24 03, 2023

People Moves: Howden Tiger Names Ruff as Head of Legacy Division in Expanded Role; Markel Taps QBE’s Keens, SCOR’s Wong for Global Downstream Energy Team

By | March 24th, 2023|Uncategorized|Comments Off on People Moves: Howden Tiger Names Ruff as Head of Legacy Division in Expanded Role; Markel Taps QBE’s Keens, SCOR’s Wong for Global Downstream Energy Team

This edition of International People Moves details appointments at Howden Tiger and Markel International. A summary of these new hires follows here. Howden Tiger Names Ruff as Head of Legacy Division in Expanded Role Howden Tiger, the reinsurance arm of …

24 03, 2023

Coinbase, SEC on Collision Course for ‘Existential’ Clash Over Crypto Industry

By | March 24th, 2023|Uncategorized|Comments Off on Coinbase, SEC on Collision Course for ‘Existential’ Clash Over Crypto Industry

Coinbase debuted on the U.S. stock market on April 14, 2021 – the same day U.S. senators confirmed Gary Gensler to lead the Securities and Exchange Commission (SEC), the country’s top markets regulator. Gensler, who has called the crypto sector …

24 03, 2023

Denmark to Salvage Unidentified Object in Nord Stream Blast Probe

By | March 24th, 2023|Uncategorized|Comments Off on Denmark to Salvage Unidentified Object in Nord Stream Blast Probe

Denmark is salvaging an unidentified object found next to a Russian gas pipeline that was damaged in a blast last September, as investigators continue to seek who was behind the attack. The operation comes two weeks after German authorities said …

24 03, 2023

Illinois Supreme Court: Union Workers Can’t Sue Under Biometric Law

By | March 24th, 2023|Uncategorized|Comments Off on Illinois Supreme Court: Union Workers Can’t Sue Under Biometric Law

Illinois’ top court on Thursday said U.S. labor law bars unionized workers from suing their employers for violations of the state’s biometric privacy law, which can expose companies to massive penalties. The Illinois Supreme Court unanimously held that campus security …

17 03, 2023

Biden’s Antitrust Push Across Agencies Is Working to Block Deals

By | March 17th, 2023|Uncategorized|Comments Off on Biden’s Antitrust Push Across Agencies Is Working to Block Deals

The Biden administration’s strategy of leaning on industry regulators to block deals that might be tricky for the Justice Department to challenge in court is working. In the past month alone, telecom and airline regulators have moved to nix Standard …