News Archives - Insurance Journal

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23 11, 2022

Agency Partnerships: SAN Group Adds Woodland Agency of Massachusetts; Vermont’s Barrett Agency Joins Renaissance

By | November 23rd, 2022|Uncategorized|Comments Off on Agency Partnerships: SAN Group Adds Woodland Agency of Massachusetts; Vermont’s Barrett Agency Joins Renaissance

Independent insurance agency alliance Satellite Agency Network (SAN) Group, Inc. recently announced the addition of Woodland Insurance Agency of Hanson, Massachusetts to its network. Founded nearly 40 years ago, Woodland Insurance is an independently owned insurance agency offering home, auto, …

2 12, 2022

EU Agrees to $60 Price Cap for Russian Oil, Allowing Buyers to Access Insurance

By | December 2nd, 2022|Uncategorized|Comments Off on EU Agrees to $60 Price Cap for Russian Oil, Allowing Buyers to Access Insurance

The European Union agreed to put a price cap on Russian oil at $60 a barrel, paving the way for a wider Group of Seven deal, according to a Polish diplomat. The price is higher than where Russia already sells …

23 11, 2022

FTX Was Run as ‘Personal Fiefdom,’ Faces Hacks and Missing Assets: Attorneys

By | November 23rd, 2022|Uncategorized|Comments Off on FTX Was Run as ‘Personal Fiefdom,’ Faces Hacks and Missing Assets: Attorneys

FTX was run as a “personal fiefdom” of former CEO Sam Bankman-Fried, attorneys for the collapsed crypto exchange said in its first bankruptcy hearing as they detailed ongoing challenges such as hacks and substantial missing assets. In the highest-profile crypto …

29 11, 2022

Hilb Group Acquires Sharpline Brokerages of Pennsylvania

By | November 29th, 2022|Uncategorized|Comments Off on Hilb Group Acquires Sharpline Brokerages of Pennsylvania

The Hilb Group announced that it has acquired Pennsylvania-based Sharpline Insurance Brokerages, expanding its property/casualty presence throughout the Mid-Atlantic. Based in King of Prussia, Pennsylvania, Sharpline Insurance Brokerages, through their subsidiaries Madison Risk Group and Trinity Asset Protection, specialize in …

7 11, 2022

NBA’s Spurs Sued by Ex-Team Psychologist for Sexual Misconduct

By | November 7th, 2022|Uncategorized|Comments Off on NBA’s Spurs Sued by Ex-Team Psychologist for Sexual Misconduct

Police have begun investigating allegations that former San Antonio Spurs guard Joshua Primo exposed himself on multiple occasions to a former team therapist during counseling sessions. Dr. Hillary Cauthen filed a lawsuit against the Spurs and Primo, claiming the 19-year-old …

29 11, 2022

Albertsons, Kroger CEOs to Defend $25B Merger to Skeptical U.S. Senators

By | November 29th, 2022|Uncategorized|Comments Off on Albertsons, Kroger CEOs to Defend $25B Merger to Skeptical U.S. Senators

Top executives at Kroger Co. and Albertsons Companies Inc. are expected to face tough questions on Tuesday from lawmakers who worry the grocers’ planned $25 billion merger will push up food prices at a time when inflation is a concern. …

7 11, 2022

Deadly Tornadoes Hit Texas and Oklahoma, Flatten Buildings

By | November 7th, 2022|Uncategorized|Comments Off on Deadly Tornadoes Hit Texas and Oklahoma, Flatten Buildings

Residents in southeastern Oklahoma and northeastern Texas began assessing weather damage Saturday, working to recover and thankful to have survived after a storm stretching from Dallas to northwest Arkansas spawned tornadoes and produced flash flooding, killing at least one, injuring …

29 11, 2022

Ohio Court Revives Wrongful Death Claim in Walmart Shooting

By | November 29th, 2022|Uncategorized|Comments Off on Ohio Court Revives Wrongful Death Claim in Walmart Shooting

CINCINNATI (AP) – A federal appeals court has revived a wrongful death claim against Walmart by the family of a Black man who was fatally shot by a white police officer inside an Ohio store after picking up a pellet …

29 11, 2022

Liability Finding in Ohio St. Football Standout Rape Allegation to be Appealed

By | November 29th, 2022|Uncategorized|Comments Off on Liability Finding in Ohio St. Football Standout Rape Allegation to be Appealed

An attorney is vowing an appeal for a woman found liable by a civil jury for malicious prosecution in a rape allegation she made against a former Ohio State football standout more than five years ago. The woman’s attorney, Patrick …

7 11, 2022

Cyber Attack on Australian Insurer Medibank Far Bigger Than Initially Thought

By | November 7th, 2022|Uncategorized|Comments Off on Cyber Attack on Australian Insurer Medibank Far Bigger Than Initially Thought

A hack on an Australian health insurer appears to be far larger than initially suspected, with the company saying it will refuse to pay a ransom for the theft of data. The attack on Medibank Private Ltd. exposed the data …