News Archives - Insurance Journal

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5 01, 2023

Storms Spark At Least 6 Illinois Tornadoes

By | January 5th, 2023|Uncategorized|Comments Off on Storms Spark At Least 6 Illinois Tornadoes

CHICAGO (AP) – Severe weather that swept Illinois on Tuesday produced at least six tornadoes, the largest number of rare January tornadoes recorded in the state since 1989, the National Weather Service said. Five of the tornadoes occurred in central …

5 01, 2023

All 4 Bodies Found in Helicopter Crash Off Gulf of Mexico

By | January 5th, 2023|Uncategorized|Comments Off on All 4 Bodies Found in Helicopter Crash Off Gulf of Mexico

BATON ROUGE, La. (AP) – The bodies of all four people who were aboard a helicopter that crashed into the Gulf of Mexico while departing an oil platform last week have been recovered. The U.S. Coast Guard recovered the bodies …

5 01, 2023

Indiana Arsonist Sentenced to House Arrest

By | January 5th, 2023|Uncategorized|Comments Off on Indiana Arsonist Sentenced to House Arrest

ELKHART, Ind. (AP) – A woman who pleaded guilty to arson for allegedly helping her boyfriend set fire to several barns in northern Indiana was sentenced Tuesday to eight years on house arrest. An Elkhart County judge gave Sherry Thomas …

5 01, 2023

Missouri Polyurethane Facility to Settle Clean Air Act Case

By | January 5th, 2023|Uncategorized|Comments Off on Missouri Polyurethane Facility to Settle Clean Air Act Case

The U.S. Environmental Protection Agency (EPA) announced a settlement with Earth City, Missouri, polyurethane manufacturer Foam Supplies Inc. to resolve alleged violations of the federal Clean Air Act’s Risk Management Plan Rule. The settlement requires the company to pay a …

5 01, 2023

Skyward Specialty Announces Launch of IPO

By | January 5th, 2023|Uncategorized|Comments Off on Skyward Specialty Announces Launch of IPO

Skyward Specialty Insurance Group, Inc. (“Skyward Specialty” or the “Company”) announced Jan. 4 the launch of its initial public offering of its common stock. The offering consists of 4,750,000 shares of common stock offered by Skyward Specialty and 3,750,000 shares …

5 01, 2023

People Moves: Graham-Rogers Promotes Bishop, Makes New Hires

By | January 5th, 2023|Uncategorized|Comments Off on People Moves: Graham-Rogers Promotes Bishop, Makes New Hires

Graham-Rogers Insurance Promotes Bishop and Makes New Hires Jim Bishop has been promoted to division leader at Standard Lines Services, a division of Graham-Rogers Insurance, which is headquartered in Bartlesville, Oklahoma. Bishop has extensive experience in commercial and personal lines …

5 01, 2023

Nevada Insurance Commissioner Departs, and Interim Commissioner Named

By | January 5th, 2023|Uncategorized|Comments Off on Nevada Insurance Commissioner Departs, and Interim Commissioner Named

Department of Business and Industry Director Terry Reynolds announced the appointment of Nick Stosic as Interim Insurance Commissioner at the Nevada Division of Insurance. Stosic’s appointment becomes effective on Friday. The appointment was made following the Commissioner Barbara Richardson’s resignation. …

30 12, 2022

Global Natural Catastrophe Insurance Losses Estimated at $112B in 2022: Carpenter

By | December 30th, 2022|Uncategorized|Comments Off on Global Natural Catastrophe Insurance Losses Estimated at $112B in 2022: Carpenter

Global insurance losses for natural catastrophes are projected to reach $112 billion in 2022, reinsurance broker Guy Carpenter said on Friday, driven by the impact of Hurricane Ian which hit Florida earlier this year. Flood and hail in Europe, Australian …

30 12, 2022

Japan Insurers to Maintain Cover for LNG Vessels in Russian Waters

By | December 30th, 2022|Uncategorized|Comments Off on Japan Insurers to Maintain Cover for LNG Vessels in Russian Waters

Japanese insurers are expected to maintain marine war insurance, which covers the sinking and requisition of ships due to war in Russian waters for at least three months for liquefied natural gas (LNG) vessels, industry sources said on Friday. Japan’s …

29 12, 2022

Ship Insurers’ Exodus From Russia-Ukraine Risks Gathers Momentum

By | December 29th, 2022|Uncategorized|Comments Off on Ship Insurers’ Exodus From Russia-Ukraine Risks Gathers Momentum

A host of shipping insurers altered their policies for 2023 to exclude claims linked to Russia’s war in Ukraine, a further sign of the industry’s growing concerns about losses stemming from the conflict. At least 12 of the 13 organizations …