News Archives - Insurance Journal

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28 02, 2023

Study Says Back-to-Back Hurricanes Likely to Come More Often

By | February 28th, 2023|Uncategorized|Comments Off on Study Says Back-to-Back Hurricanes Likely to Come More Often

What used to be a rare one-two punch of consecutive hurricanes hitting about the same place in the United States weeks apart seems to be happening more often, and a new study says climate change will make back-to-back storms more …

28 02, 2023

People Moves: Travis joins Brotherhood Mutual Insurance Company as Senior Vice President

By | February 28th, 2023|Uncategorized|Comments Off on People Moves: Travis joins Brotherhood Mutual Insurance Company as Senior Vice President

Travis joins Brotherhood Mutual Insurance Company as Senior Vice President Brotherhood Mutual Insurance Company, based in Fort Wayne, Indiana, has named Abel Travis its new senior vice president, affiliate operations. Travis will lead agency enterprises, American Church Group, LLC, and …

28 02, 2023

Global Insurance M&A Hits 10-Year High, Despite Slowdown in H2 2022

By | February 28th, 2023|Uncategorized|Comments Off on Global Insurance M&A Hits 10-Year High, Despite Slowdown in H2 2022

The insurance sector saw 449 completed mergers and acquisitions (M&A) worldwide during 2022, up from 418 the previous year – the highest for a decade, according to law firm Clyde & Co’s insurance growth report. However, there was a marked …

28 02, 2023

Walmart Loses Challenge to OSHA Finding in Injury at New York Warehouse

By | February 28th, 2023|Uncategorized|Comments Off on Walmart Loses Challenge to OSHA Finding in Injury at New York Warehouse

Walmart Inc. violated federal workplace safety standards at its warehouse in Johnstown, New York, when it failed to prevent stored merchandise from falling onto – and seriously injuring – an employee in 2017, a federal panel has affirmed. The Feb. …

28 02, 2023

Murdoch Testified Fox News Hosts Endorsed Idea That Biden Stole Election

By | February 28th, 2023|Uncategorized|Comments Off on Murdoch Testified Fox News Hosts Endorsed Idea That Biden Stole Election

Fox Corp. Chairman Rupert Murdoch acknowledged under oath that some Fox hosts “endorsed” the notion that the 2020 U.S. presidential election was stolen, according to a court filing unsealed Monday. Murdoch’s acknowledgment is included in a filing from Dominion Voting …

28 02, 2023

Acrisure Continues European Expansion With Launch of German Subsidiary

By | February 28th, 2023|Uncategorized|Comments Off on Acrisure Continues European Expansion With Launch of German Subsidiary

Acrisure, a fintech company that operates a top-10 global insurance broker, announced the formation of Acrisure Deutschland GmbH, a new subsidiary covering the German, Austrian and Swiss markets. Mathias Pahl will serve as president of Acrisure Deutschland GmbH and head …

28 02, 2023

Florida Speaker Says Tort-Reform Bill May See Changes Before It’s Approved

By | February 28th, 2023|Uncategorized|Comments Off on Florida Speaker Says Tort-Reform Bill May See Changes Before It’s Approved

A Florida tort-reform bill that picks up where previous insurance-market rescue bills left off has passed its first milestone and now moves to the full House Judiciary Committee. But the speaker of the House said the measure is far from …

28 02, 2023

Latino Workers at Tennessee Meat Plant Reach $1.2M Settlement in Immigration Raid

By | February 28th, 2023|Uncategorized|Comments Off on Latino Workers at Tennessee Meat Plant Reach $1.2M Settlement in Immigration Raid

Latino workers at a Tennessee meat processing plant have reached a $1.2 million settlement in a lawsuit over a 2018 immigration raid in which they were “targeted by federal agents” because of their ethnicity, an immigration advocacy group said on …

28 02, 2023

NTSB Says Medical Plane Apparently Broke Apart Before Deadly Crash in Nevada

By | February 28th, 2023|Uncategorized|Comments Off on NTSB Says Medical Plane Apparently Broke Apart Before Deadly Crash in Nevada

A medical transport flight that crashed in a mountainous area in northern Nevada, killing five all five people aboard the plane including a patient, apparently broke apart before hitting the ground, authorities said. The National Transportation Safety Board has sent …

28 02, 2023

Does a Shipper Have Duty to Obtain Sufficient Insurance for Goods?

By | February 28th, 2023|Uncategorized|Comments Off on Does a Shipper Have Duty to Obtain Sufficient Insurance for Goods?

In a dispute over artwork lost in transit, a New York federal judge has ruled that FedEx Ground was liable to the artist for the lost works but that federal law caps its damages at the value placed on the …