News Archives - Insurance Journal

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12 07, 2022

Science Offers Basis for National Climate Damage Claims: Study

By | July 12th, 2022|Uncategorized|Comments Off on Science Offers Basis for National Climate Damage Claims: Study

A scientific basis exists to calculate how much one country’s carbon emissions have damaged the economy of another, a study said on Tuesday of a development it billed as a potential game-changer for climate litigation. The research by Dartmouth College …

12 07, 2022

Home Insurance Prices Increase Faster Than Inflation Rate: Policygenius

By | July 12th, 2022|Uncategorized|Comments Off on Home Insurance Prices Increase Faster Than Inflation Rate: Policygenius

According to analysis by insurtech Policygenius, home insurance premiums are rising faster than inflation From May 2021 to May 2022, the price of goods and services increased 8.6% in the U.S. In the same time period, home insurance costs outpaced …

12 07, 2022

People Moves: Accuserve Names Hanson as CCO; United Fire Group Announces Promotions

By | July 12th, 2022|Uncategorized|Comments Off on People Moves: Accuserve Names Hanson as CCO; United Fire Group Announces Promotions

Accuserve Names Rob Hanson as CCO Accuserve Solutions announced the appointment of Rob Hanson as chief client officer. Hanson will be responsible for ensuring customer success and driving the company’s growth across multiple markets. He will lead the account management, …

12 07, 2022

Signatures for Arkansas Recreational Marijuana Submitted

By | July 12th, 2022|Uncategorized|Comments Off on Signatures for Arkansas Recreational Marijuana Submitted

Supporters of initiatives to legalize recreational marijuana and scale back casino gambling submitted thousands of signatures Friday to get their proposals on the Arkansas ballot. Friday was the deadline for groups to turn in the signatures needed to qualify for …

12 07, 2022

California Insurance Commissioner Issues Year Moratorium on Cancellations, Non-Renewals Following Wildfires

By | July 12th, 2022|Uncategorized|Comments Off on California Insurance Commissioner Issues Year Moratorium on Cancellations, Non-Renewals Following Wildfires

California Insurance Commissioner Ricardo Lara ordered insurance companies to preserve residential insurance coverage for more than 85,000 policyholders affected by fires in Santa Barbara County and Monterey County after Gov. Gavin Newsom issued emergency declarations this month. The commissioner’s bulletin …

12 07, 2022

Beazley: Data Exfiltration Remains Prevalent as Attack Methods Evolve

By | July 12th, 2022|Uncategorized|Comments Off on Beazley: Data Exfiltration Remains Prevalent as Attack Methods Evolve

Data exfiltration, or the theft or unauthorized transfer of data from any device, is a common form of cyber crime, and specialist insurer Beazley found in a recent report that the criminals are becoming much more sophisticated. The company released …

12 07, 2022

California Firefighters Making Gains in Yosemite Wildfire

By | July 12th, 2022|Uncategorized|Comments Off on California Firefighters Making Gains in Yosemite Wildfire

California firefighters were gaining ground in the battle against a wildfire that poses a threat to a grove of giant sequoias and a small community in Yosemite National Park. The Washburn Fire on the western flank of the Sierra Nevada …

13 07, 2022

Specialty Insurer Mosaic Opens for Business in Canada With Fraser at Helm

By | July 13th, 2022|Uncategorized|Comments Off on Specialty Insurer Mosaic Opens for Business in Canada With Fraser at Helm

Mosaic Insurance is opening an office in Toronto, Ontario and has hired Ian Fraser to spearhead the company’s expansion into the Canadian specialty insurance market. Fraser joins as president of Mosaic Insurance Services Canada Inc., responsible for operational strategy and …

13 07, 2022

Agent’s Plea That Landscaping Includes Tree Removal Fails

By | July 13th, 2022|Uncategorized|Comments Off on Agent’s Plea That Landscaping Includes Tree Removal Fails

A New Jersey insurance agency has failed to convince two courts that a landscape gardening insurance policy for a long-time client was ambiguous enough to also cover tree removal. The agency also struck out with its argument that tree removal …

13 07, 2022

Hong Kong Securities Chief Alder Named Chair of Financial Conduct Authority

By | July 13th, 2022|Uncategorized|Comments Off on Hong Kong Securities Chief Alder Named Chair of Financial Conduct Authority

The UK Treasury has announced the appointment of Ashley Alder as the new chair of the Financial Conduct Authority (FCA). Alder is currently chief executive officer of the Securities and Futures Commission (SFC) in Hong Kong, a role he has …