News Archives - Insurance Journal

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1 07, 2022

New Alabama, Georgia Laws Taking Effect Today Indirectly Affect Insurance

By | July 1st, 2022|Uncategorized|Comments Off on New Alabama, Georgia Laws Taking Effect Today Indirectly Affect Insurance

Several Alabama and Georgia laws that could indirectly affect property, liability and workers’ compensation insurance take effect today, July 1. Alabama House Bill 108 requires the state Elevator Safety Review Board to review, within 12 months of their publication, new …

1 07, 2022

Agents: Fourth of July Brings Risks & Claims

By | July 1st, 2022|Uncategorized|Comments Off on Agents: Fourth of July Brings Risks & Claims

It has been a few years. Policyholders may have forgotten about that last barbeque mishap in their backyard. Maybe the memory has gotten hazy about that one time their college roommate drove home when they should not have. Perhaps their …

1 07, 2022

People Moves: Verisk Promotes Rayner to President of Specialty Business Solutions; Munich Re Appoints 2 Senior Leaders for Singapore and SE Asia

By | July 1st, 2022|Uncategorized|Comments Off on People Moves: Verisk Promotes Rayner to President of Specialty Business Solutions; Munich Re Appoints 2 Senior Leaders for Singapore and SE Asia

This edition of International People Moves details appointments at Verisk and Munich Re. A summary of these new hires follows here. Verisk Promotes Rayner to President of Specialty Business Solutions Verisk, the global data analytics provider, announced that Tim Rayner …

28 06, 2022

At Least 20 Injured When Commuter Bus Overturns in California

By | June 28th, 2022|Uncategorized|Comments Off on At Least 20 Injured When Commuter Bus Overturns in California

A commuter bus crash clipped a parked truck and flipped onto its side Monday morning near Los Angeles International Airport, injuring at least 20 people, three of them critically, authorities said. The Los Angeles Department of Transportation bus clipped a …

28 06, 2022

Is Hyperbaric Therapy a Fire Risk? North Carolina Authorities Say It Is

By | June 28th, 2022|Uncategorized|Comments Off on Is Hyperbaric Therapy a Fire Risk? North Carolina Authorities Say It Is

The Raleigh, North Carolina, Fire Department has ordered a wellness company to stop offering an oxygen-rich hyperbaric therapy treatment because of the fire risk. Officials with Restore Hyper Wellness tell the Raleigh News and Observer they are working with city …

28 06, 2022

Marsh Launches Cyber Incident Management Service to Support UK, European Clients

By | June 28th, 2022|Uncategorized|Comments Off on Marsh Launches Cyber Incident Management Service to Support UK, European Clients

Insurance broker Marsh announced the launch of its Cyber Incident Management (CIM) service to support clients headquartered in the UK and Continental Europe to prepare for, respond to, and recover from cyber incidents, as well as increase their cyber resilience. …

28 06, 2022

Travelers Championship Raised $2.5 Million for Charities

By | June 28th, 2022|Uncategorized|Comments Off on Travelers Championship Raised $2.5 Million for Charities

The Travelers Companies reported that the 2022 Travelers Championship generated more than $2.5 million for more than 130 charitable organizations. Since Travelers became title sponsor in 2007, the event has raised more than $25 million for more than 800 local …

28 06, 2022

People Moves: WTW’s Hires EY’s Mayers for Commercial Lines Pricing, Underwriting; Hiscox Names Flaquet to Newly Created Role of Group COO

By | June 28th, 2022|Uncategorized|Comments Off on People Moves: WTW’s Hires EY’s Mayers for Commercial Lines Pricing, Underwriting; Hiscox Names Flaquet to Newly Created Role of Group COO

This edition of International People Moves details appointments at Willis Towers Watson (WTW) and Hiscox. A summary of these new hires follows here. WTW’s Hires EY’s Mayers for Commercial Lines Pricing, Underwriting WTW announced the appointment of Taffy Jo Mayers …

28 06, 2022

Second Amtrak Crash in Two Days Kills Three in Missouri

By | June 28th, 2022|Uncategorized|Comments Off on Second Amtrak Crash in Two Days Kills Three in Missouri

One day after an Amtrak train crash killed three people in California, another Amtrak train, traveling from Los Angeles to Chicago, derailed Monday in Missouri, leaving at least three people dead and multiple people injured, authorities said. The train was …

28 06, 2022

AM Best Downgrades Members of NLC Insurance Companies Pool

By | June 28th, 2022|Uncategorized|Comments Off on AM Best Downgrades Members of NLC Insurance Companies Pool

AM Best has downgraded the Financial Strength Rating to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Ratings to “bbb+” (Good) from “a-” (Excellent) of the insurers that operate under an intercompany pooling agreement and are collectively referred …