News Archives - Insurance Journal

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8 09, 2022

Crist Again Slams DeSantis’ Handling of Florida Insurance Debacle

By | September 8th, 2022|Uncategorized|Comments Off on Crist Again Slams DeSantis’ Handling of Florida Insurance Debacle

U.S. Rep. Charlie Crist, a Democratic candidate for governor of Florida, has continued to needle incumbent Gov. Ron DeSantis for his handling of the property insurance crisis in the state. At a press conference Wednesday, Crist, himself a former governor, …

8 09, 2022

Aon Launches Strategy and Technology Group, Aiming to Build Re/Insurer Resilience

By | September 8th, 2022|Uncategorized|Comments Off on Aon Launches Strategy and Technology Group, Aiming to Build Re/Insurer Resilience

Aon plc, the global professional services firm, has launched a Strategy and Technology Group (STG) to bring together a wide range of expertise and technology solutions — designed to help property & casualty and life re/insurance clients build resilience. Developed …

8 09, 2022

Don’t Look Now, But More Reinsurance Price Increases on the Way

By | September 8th, 2022|Uncategorized|Comments Off on Don’t Look Now, But More Reinsurance Price Increases on the Way

Fresh on the heels of massive reinsurance price increases in June, which helped send some property insurers into insolvency or out of the Florida market, reinsurers are now likely to raise premiums again in the next few months. Analysts with …

8 09, 2022

Lexington Starts Middle Market Casualty Group for SMEs

By | September 8th, 2022|Uncategorized|Comments Off on Lexington Starts Middle Market Casualty Group for SMEs

AIG’s Lexington Insurance Company today announced the launch of the Lexington Middle Market Casualty team, a group of dedicated underwriters focused on providing insurance coverage exclusively to small-to-medium-sized commercial enterprises (SME), substantially expanding the company’s market reach beyond upper middle-market …

8 09, 2022

Ohio Auto Parts Company Cited for Safety Violations

By | September 8th, 2022|Uncategorized|Comments Off on Ohio Auto Parts Company Cited for Safety Violations

A Clayton, Ohio company was cited for exposing workers to fires and failing to train them on initial stage fire identification and use of fire extinguishers after federal safety investigators received a referral from a local fire department that responded …

8 09, 2022

North Dakota Oil Rig Explosion Injures 3

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Federal, state and local investigators in northwest North Dakota are looking into the cause of an oil rig explosion and fire that sent three workers to the hospital. The crew members were taken to a burn center in St. Paul, …

8 09, 2022

South African Premiums to Rise as Insurers Face Growing Flood, Fire Risks: Sanlam

By | September 8th, 2022|Uncategorized|Comments Off on South African Premiums to Rise as Insurers Face Growing Flood, Fire Risks: Sanlam

South Africans could soon be paying as much as 5% more on their premiums as insurers face growing risks both globally and locally. The country is now considered “very risky” due to mounting flood and fire dangers, as well as …

8 09, 2022

EPA Denies Request to Exempt 2 Gulf Coast Plants From Air Pollution Rule

By | September 8th, 2022|Uncategorized|Comments Off on EPA Denies Request to Exempt 2 Gulf Coast Plants From Air Pollution Rule

The Environmental Protection Agency on Tuesday denied a request by Cheniere Energy, a leading U.S. producer of liquefied natural gas, to exempt two Gulf Coast plants from a federal air pollution rule. An EPA spokesman says the agency on Tuesday …

8 09, 2022

Texas DWC Proposed Agenda to be Published September 9

By | September 8th, 2022|Uncategorized|Comments Off on Texas DWC Proposed Agenda to be Published September 9

The Texas Department of Insurance, Division of Workers’ Compensation has proposed the Fiscal Year 2023 Research Agenda of the Workers’ Compensation Research and Evaluation Group (REG). Texas Labor Code Section 405.0026 requires the REG to prepare a research agenda each …

7 09, 2022

Lawsuit Charges South Carolina Coaches Sexually Abused Cheerleaders

By | September 7th, 2022|Uncategorized|Comments Off on Lawsuit Charges South Carolina Coaches Sexually Abused Cheerleaders

Multiple cheerleading coaches in South Carolina _ including a coach who recently killed himself _ sexually abused at least six boys and girls and provided them with drugs and alcohol, a federal lawsuit alleges. A “coven of sexual predators” surrounded …