News Archives - Insurance Journal

/News Archives - Insurance Journal

About News Archives - Insurance Journal

This author has not yet filled in any details.
So far News Archives - Insurance Journal has created 5515 blog entries.
24 10, 2022

Alex Jones Asks For New Trial After $1B Sandy Hook Defamation Verdict

By | October 24th, 2022|Uncategorized|Comments Off on Alex Jones Asks For New Trial After $1B Sandy Hook Defamation Verdict

Conspiracy theorist Alex Jones has asked a Connecticut judge to throw out a nearly $1 billion verdict against him and order a new trial in a lawsuit by Sandy Hook families, who say they were subjected to harassment and threats …

24 10, 2022

Insurers Still Unclear How G-7 Sanctions of Russian Crude Oil Cargoes Will Work

By | October 24th, 2022|Uncategorized|Comments Off on Insurers Still Unclear How G-7 Sanctions of Russian Crude Oil Cargoes Will Work

Just six weeks before European Union sanctions on Russian oil come into effect, insurers are still unclear as to exactly how they will work. At the heart of the uncertainty is a continued lack of detail surrounding US-led plans, endorsed …

24 10, 2022

Connecticut Approves 3% Cut in Workers’ Compensation Costs for 2023

By | October 24th, 2022|Uncategorized|Comments Off on Connecticut Approves 3% Cut in Workers’ Compensation Costs for 2023

Connecticut businesses will see another rate decrease in workers’ compensation insurance beginning on January 1, 2023. The Connecticut Insurance Department has officially approved an average decrease of 3% to workers’ compensation pure premium loss costs in the voluntary market. There …

24 10, 2022

Hurricane Ian Came at the Worst Possible Time for SW Florida Agriculture

By | October 24th, 2022|Uncategorized|Comments Off on Hurricane Ian Came at the Worst Possible Time for SW Florida Agriculture

Hurricane Ian made landfall in southwest Florida at the worst possible time for many in the agricultural community, cutting a path through the heart of Florida’s citrus belt and smashing tomato fields just before the start of seasonal harvests. Ian …

24 10, 2022

With Less Reinsurance for Reinsurers, Prices Set to Rise Again for Florida Carriers

By | October 24th, 2022|Uncategorized|Comments Off on With Less Reinsurance for Reinsurers, Prices Set to Rise Again for Florida Carriers

It has been three weeks since Hurricane Ian struck Florida on Sept. 28, 2022. The storm took at least 119 lives and caused estimated insured losses ranging from $31 billion to $74 billion, with most estimates in the $60 billion …

24 10, 2022

Broker UIB Forms Corporate & Capital Risks Practice After Restructuring Specialty Lines

By | October 24th, 2022|Uncategorized|Comments Off on Broker UIB Forms Corporate & Capital Risks Practice After Restructuring Specialty Lines

United Insurance Brokers (UIB), the London-based re/insurance broker, announced the formation of its Corporate & Capital Risks practice. This announcement comes after UIB restructured its Specialty Lines Division this month and continued to develop its multi-line suite of specialist products. …

24 10, 2022

Court Revives Louisiana Wetlands Damage Suit Against Big Oil

By | October 24th, 2022|Uncategorized|Comments Off on Court Revives Louisiana Wetlands Damage Suit Against Big Oil

NEW ORLEANS (AP) – A federal appeals court has ordered a nine-year-old lawsuit filed against oil and gas companies over damage to Louisiana’s wetlands to be returned to state court for trial, potentially clearing the way for at least 41 …

24 10, 2022

Wisconsin Apartment Fire Kills 7

By | October 24th, 2022|Uncategorized|Comments Off on Wisconsin Apartment Fire Kills 7

Seven people died in an apartment fire early Friday, Oct. 21 in the southern Wisconsin village of Hartland, the police chief said. “This is an active criminal investigation by the Hartland Police Department,” police Chief Torin Misko said at a …

24 10, 2022

People Moves: MS Amlin Appoints TMK’s Evans as Senior Underwriter, Marine Reinsurance; WTW Global Aerospace Heath Names PIIQ’s Heath to Lead Aerospace

By | October 24th, 2022|Uncategorized|Comments Off on People Moves: MS Amlin Appoints TMK’s Evans as Senior Underwriter, Marine Reinsurance; WTW Global Aerospace Heath Names PIIQ’s Heath to Lead Aerospace

MS Amlin Appoints TMK’s Evans as Senior Underwriter, Marine Reinsurance MS Amlin Underwriting Ltd., the Lloyd’s market re/insurer, announced the appointment of Paul Evans as senior underwriter Marine Reinsurance. Evans will take up the role on Nov. 1 and will …

24 10, 2022

South Dakota Pot Legalization Effort Facing Resistance

By | October 24th, 2022|Uncategorized|Comments Off on South Dakota Pot Legalization Effort Facing Resistance

SIOUX FALLS, S.D. (AP) – When it comes to marijuana, South Dakota has been a leader among its Great Plains neighbors: one of the first to legalize recreational use, the first to approve both medical and recreational forms on the …