News Archives - Insurance Journal

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11 07, 2023

People Moves: Stephens Names Alabama-based Green Head of Cyber Risk

By | July 11th, 2023|Uncategorized|Comments Off on People Moves: Stephens Names Alabama-based Green Head of Cyber Risk

Stephens Insurance LLC has named Mark Green, of Alabama, as senior vice president for cyber risk, the company announced. Stephens, headquartered in Little Rock, Arkansas, said Green has more than 20 years of experience in the insurance business, most recently …

11 07, 2023

Gensler Asserts SEC Authority Over Crypto as Opponents Waver

By | July 11th, 2023|Uncategorized|Comments Off on Gensler Asserts SEC Authority Over Crypto as Opponents Waver

Gary Gensler’s Securities and Exchange Commission is filling the crypto regulatory void, and the industry and its backers on Capitol Hill have so far been unable to check him. The tide was supposed to turn when Republicans gained control over …

11 07, 2023

Minor Quakes Rattle Parts of East Tennessee, Virginia

By | July 11th, 2023|Uncategorized|Comments Off on Minor Quakes Rattle Parts of East Tennessee, Virginia

Multiple, minor earthquakes have been reported in western North Carolina in recent months but now they’re being felt in Tennessee and Virginia, the U.S. Geological Survey has reported. A 2.2-magnitude quake happened Friday evening near Sevierville, in eastern Tennessee, not …

6 07, 2023

Georgia Trial Lawyer Surrenders License After Using Insurance Settlement Proceeds

By | July 6th, 2023|Uncategorized|Comments Off on Georgia Trial Lawyer Surrenders License After Using Insurance Settlement Proceeds

The Georgia Supreme Court has accepted the voluntary license surrender of a plaintiffs’ attorney who had been in practice for more than 45 years. Richard L. Middleton Jr., of Savannah, acknowledged that he had violated Georgia Bar rules by using …

6 07, 2023

AM Best Issues Improved Outlooks for Barnstable Group in Massachusetts

By | July 6th, 2023|Uncategorized|Comments Off on AM Best Issues Improved Outlooks for Barnstable Group in Massachusetts

AM Best has revised its outlooks to stable from negative and affirmed its Financial Strength Rating of A (Excellent) and Long-Term Issuer Credit Ratings of “a” (Excellent) for the members of Barnstable Group, which includes Barnstable County Mutual Insurance Co. …

6 07, 2023

A.J. Gallagher Acquires The Andersen Group in Virginia

By | July 6th, 2023|Uncategorized|Comments Off on A.J. Gallagher Acquires The Andersen Group in Virginia

Global insurance broker Arthur J. Gallagher & Co. announced it has acquired Chantilly, Virginia-based The Andersen Group. The Andersen Group is a retail insurance agency serving non-profit trade associations, government contractors and engineering services companies in the greater Washington, D.C. …

6 07, 2023

Viewpoint: What Role Could Insurance Premium Finance Have Played in Recent Bank Failures?

By | July 6th, 2023|Uncategorized|Comments Off on Viewpoint: What Role Could Insurance Premium Finance Have Played in Recent Bank Failures?

On March 10, 2023, while the majority of Americans were diligently toiling away in their jobs, very few people likely understood the silently ticking time-bomb sitting inside the balance sheets of many of our bank-brethren in our important banking industry. …

6 07, 2023

Chicago Flooding a Reminder of Vulnerability of Major Cities During Extreme Weather

By | July 6th, 2023|Uncategorized|Comments Off on Chicago Flooding a Reminder of Vulnerability of Major Cities During Extreme Weather

Heavy rains that flooded Chicago neighborhoods, rendered freeways impassable and wreaked havoc on NASCAR street races downtown Sunday are serving as stark reminders of urban centers’ vulnerability during extreme weather events. After a historic deluge in April in Fort Lauderdale, …

6 07, 2023

Train derails Outside Rural Wisconsin Village, Authorities Say No Hazardous Materials Leaked

By | July 6th, 2023|Uncategorized|Comments Off on Train derails Outside Rural Wisconsin Village, Authorities Say No Hazardous Materials Leaked

REESEVILLE, Wis. (AP) __ Investigators are looking into what caused a freight train to derail outside a small village in south-central Wisconsin. The train derailed just west of the village of Reeseville in Dodge County around 2 p.m. Tuesday. the …

6 07, 2023

People Moves: Harter joins Iroquois in Ohio; Donaldson Named Account Administrator at RT Specialty

By | July 6th, 2023|Uncategorized|Comments Off on People Moves: Harter joins Iroquois in Ohio; Donaldson Named Account Administrator at RT Specialty

Harter joins Iroquois in Ohio Andy Harter joined Iroquois Mid-Atlantic, headquartered in Midlothian, Va., as regional manager, servicing agents in Ohio. Harter most recently served as a marketing rep for Grange Insurance from his home in Gahanna, Ohio. Harter most …