News Archives - Insurance Journal

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2 12, 2022

Pilot Cited ‘Rigging Issue’ Before Small Plane Crashed in Pennsylvania

By | December 2nd, 2022|Uncategorized|Comments Off on Pilot Cited ‘Rigging Issue’ Before Small Plane Crashed in Pennsylvania

HANOVER TOWNSHIP, Pa. (AP) — Federal investigators say the pilot of a small experimental plane spoke of a problem with the aircraft shortly before it went down in a northeastern Pennsylvania farm last month, killing himself and another person. Authorities …

23 11, 2022

Q3 Combined Ratio for U.S. P/C Industry Highest in 5 Years

By | November 23rd, 2022|Uncategorized|Comments Off on Q3 Combined Ratio for U.S. P/C Industry Highest in 5 Years

The U.S. property/casualty industry posted a combined ratio of about 106.6 in the third quarter – the highest in five years, according to an analysis by S&P Global Market Intelligence. “In addition to the effects of catastrophe losses on various …

2 12, 2022

Reckitt Expects U.S. Infant Formula Shortage Until Spring

By | December 2nd, 2022|Uncategorized|Comments Off on Reckitt Expects U.S. Infant Formula Shortage Until Spring

The near year-long infant formula shortage in the United States that prompted the intervention of the White House is likely to “persist” until spring, according to Reckitt Benckiser, the maker of what is now the biggest brand in the market, …

23 11, 2022

NAIC Adds ‘Deep Concerns’ to FIO Bid to Collect Climate Change Data From Insurers

By | November 23rd, 2022|Uncategorized|Comments Off on NAIC Adds ‘Deep Concerns’ to FIO Bid to Collect Climate Change Data From Insurers

In a letter to the Treasury’s Federal Insurance Office, the National Association of Insurance Commissioners expressed its “deep concern” over a proposal to collect data on climate-related risks from property and casualty insurers, and its disappointment that insurance commissioners have …

2 12, 2022

Employee Claims Google Fired Him Over Refusing Sex Advance, Failure to Be ‘Inclusive’

By | December 2nd, 2022|Uncategorized|Comments Off on Employee Claims Google Fired Him Over Refusing Sex Advance, Failure to Be ‘Inclusive’

A former Google employee is suing the technology company claiming he was fired in retaliation for refusing another employee’s sexual advances and for not being “inclusive” in his team hiring. Ryan Olohan, who worked in Manhattan for Google, filed suit …

23 11, 2022

Oregon Hemp Plant Fire Injures 5, Town Temporarily Evacuated

By | November 23rd, 2022|Uncategorized|Comments Off on Oregon Hemp Plant Fire Injures 5, Town Temporarily Evacuated

A small town in central Oregon was evacuated and five people were hurt due to a hemp manufacturing plant fire Sunday. The Sherman County Sheriff’s Office said five employees were burned in the blaze, including one who suffered significant burns, …

2 12, 2022

People Moves: Aon’s Mason Expands Leadership Role in UK; Chubb Appoints AIG’s Madden for Financial Lines; Sedgwick Names Leif Hansen as CEO Nordic Region

By | December 2nd, 2022|Uncategorized|Comments Off on People Moves: Aon’s Mason Expands Leadership Role in UK; Chubb Appoints AIG’s Madden for Financial Lines; Sedgwick Names Leif Hansen as CEO Nordic Region

This edition of International People Moves details appointments at A summary of these new hires follows here. Aon’s Mason to Expand Leadership Role in UK Insurance broker Aon plc announced that Michelle Mason is to expand her role as head …

23 11, 2022

Safety Agency Says Wing Broke Before Plane Crash in Washington

By | November 23rd, 2022|Uncategorized|Comments Off on Safety Agency Says Wing Broke Before Plane Crash in Washington

A wing from a Cessna 208B broke away before the plane crashed Friday into a field northeast of Seattle, killing the four people on board, the National Transportation Safety Board said. The NTSB said the wreckage has been recovered and …

2 12, 2022

Massachusetts Insurance Agent Sentenced for Disability Fraud

By | December 2nd, 2022|Uncategorized|Comments Off on Massachusetts Insurance Agent Sentenced for Disability Fraud

The owner and operator of an Arlington-based insurance agency was sentenced earlier this month for fraudulently receiving disability benefits from the Department of Veterans Affairs (VA) and the Social Security Administration (SSA). Patrick Quinn was sentenced to one year and …

23 11, 2022

Indiana Man gets 50-year prison sentence for Indiana barn fires

By | November 23rd, 2022|Uncategorized|Comments Off on Indiana Man gets 50-year prison sentence for Indiana barn fires

GOSHEN, Ind. (AP) – A man who pleaded guilty to torching several barns last year in a northern Indiana county was sentenced Monday to 50 years in prison followed by decades on probation. An Elkhart County judge sentenced Joseph Hershberger …