News Archives - Insurance Journal

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21 12, 2022

Georgia Appeals Judge, Former Insurance Department Counsel, Dies Unexpectedly

By | December 21st, 2022|Uncategorized|Comments Off on Georgia Appeals Judge, Former Insurance Department Counsel, Dies Unexpectedly

A Georgia Court of Appeals judge and former attorney for the state Department of Insurance has died at age 64. Judge Clyde Reese died on Saturday, the court announced, saying he died unexpectedly after a short hospital stay. No cause …

21 12, 2022

White Mountains Subsidiary Ark Sponsors Prop-Cat Re Sidecar

By | December 21st, 2022|Uncategorized|Comments Off on White Mountains Subsidiary Ark Sponsors Prop-Cat Re Sidecar

White Mountains Insurance Group, Ltd. announced today that Ark Insurance Holdings Limited, its specialty property/casualty reinsurance and insurance subsidiary, has sponsored the formation of a reinsurance sidecar to provide collateralized reinsurance capacity for its global property catastrophe portfolio. Outrigger Re …

21 12, 2022

City of Buffalo Sues Gunmakers Under Public Nuisance Law

By | December 21st, 2022|Uncategorized|Comments Off on City of Buffalo Sues Gunmakers Under Public Nuisance Law

The upstate New York city of Buffalo on Tuesday filed a lawsuit in state court accusing major gun manufacturers of fueling violence through irresponsible marketing and sales practices. Defendants in the lawsuit include Smith & Wesson Brands Inc., Beretta USA …

21 12, 2022

Arthur J. Gallagher Acquiring Brazilian Broker Interbrok

By | December 21st, 2022|Uncategorized|Comments Off on Arthur J. Gallagher Acquiring Brazilian Broker Interbrok

Arthur J. Gallagher & Co. announced the acquisition of São Paulo, Brazil-based Interbrok Group. Financial terms of the deal were not disclosed. In a media statement, J. Patrick Gallagher, Jr., chairman, president and chief executive officer of Arthur J. Gallagher, …

15 12, 2022

Higginbotham Acquires Texas’ TrueStar

By | December 15th, 2022|Uncategorized|Comments Off on Higginbotham Acquires Texas’ TrueStar

Higginbotham has acquired TrustStar Insurance Services, Inc., an independent property/casualty insurance agency serving businesses and individuals in Universal City, Texas, TrustStar has provided commercial insurance for small to large businesses as well as personal insurance in Universal City, located 20 …

15 12, 2022

1 Dead, 11 Hurt in Southern California Bus Rollover

By | December 15th, 2022|Uncategorized|Comments Off on 1 Dead, 11 Hurt in Southern California Bus Rollover

A bus overturned on a Southern California freeway, killing one person and injuring 11 others, three of them critically, authorities said. The crash occurred on Interstate 15 in an unincorporated area south of Baker, about 155 miles northeast of Los …

16 12, 2022

California School District Sued in Student’s Overdose Death

By | December 16th, 2022|Uncategorized|Comments Off on California School District Sued in Student’s Overdose Death

The mother of a 15-year-old girl who died of a suspected fentanyl overdose in a high school restroom has filed a negligence and wrongful-death lawsuit against the Los Angeles Unified School District. Elena Perez seeks damages, including “for the loss …

16 12, 2022

Ewing-Leavitt Acquires Stolte Insurance Agency in Colorado

By | December 16th, 2022|Uncategorized|Comments Off on Ewing-Leavitt Acquires Stolte Insurance Agency in Colorado

Loveland, Colorado-based Ewing-Leavitt Insurance acquired Stolte Insurance Agency in Arvada, Colorado. Owner Rodger Bailey and his staff will join Ewing-Leavitt Insurance and Leavitt Group. For the time being, Stolte Insurance will be keeping the Stolte name and branding. Stolte Insurance …

16 12, 2022

Twitter Must Notify Laid-Off Workers of Pending Lawsuit, Judge Rules

By | December 16th, 2022|Uncategorized|Comments Off on Twitter Must Notify Laid-Off Workers of Pending Lawsuit, Judge Rules

Twitter Inc must notify the thousands of workers who were laid off after its acquisition by Elon Musk of a proposed class action accusing the company of failing to give adequate notice before terminating them, a San Francisco federal judge …

16 12, 2022

Ship Reinsurers to Cease Covering War-Related Risks Related to Conflict in Ukraine

By | December 16th, 2022|Uncategorized|Comments Off on Ship Reinsurers to Cease Covering War-Related Risks Related to Conflict in Ukraine

Some of the biggest names in ship reinsurance are days away from ceasing to cover key war-related risks for vessels going to Russia and Ukraine, a potential source of alarm for shipping firms moving everything from oil to grains. Hannover …