The U.S. Environmental Protection Agency (EPA) announced a settlement with Earth City, Missouri, polyurethane manufacturer Foam Supplies Inc. to resolve alleged violations of the federal Clean Air Act’s Risk Management Plan Rule. The settlement requires the company to pay a …
Skyward Specialty Insurance Group, Inc. (“Skyward Specialty” or the “Company”) announced Jan. 4 the launch of its initial public offering of its common stock. The offering consists of 4,750,000 shares of common stock offered by Skyward Specialty and 3,750,000 shares …
Graham-Rogers Insurance Promotes Bishop and Makes New Hires Jim Bishop has been promoted to division leader at Standard Lines Services, a division of Graham-Rogers Insurance, which is headquartered in Bartlesville, Oklahoma. Bishop has extensive experience in commercial and personal lines …
Department of Business and Industry Director Terry Reynolds announced the appointment of Nick Stosic as Interim Insurance Commissioner at the Nevada Division of Insurance. Stosic’s appointment becomes effective on Friday. The appointment was made following the Commissioner Barbara Richardson’s resignation. …
Global insurance losses for natural catastrophes are projected to reach $112 billion in 2022, reinsurance broker Guy Carpenter said on Friday, driven by the impact of Hurricane Ian which hit Florida earlier this year. Flood and hail in Europe, Australian …
Japanese insurers are expected to maintain marine war insurance, which covers the sinking and requisition of ships due to war in Russian waters for at least three months for liquefied natural gas (LNG) vessels, industry sources said on Friday. Japan’s …
A host of shipping insurers altered their policies for 2023 to exclude claims linked to Russia’s war in Ukraine, a further sign of the industry’s growing concerns about losses stemming from the conflict. At least 12 of the 13 organizations …
A U.S. appeals court on Wednesday revived a lawsuit accusing Alphabet Inc’s Google and several other companies of violating the privacy of children under age 13 by tracking their YouTube activity without parental consent, in order to send them targeted …
AM Best has assigned an A+ financial strength rating of A+ (Superior) to PartnerRe Insurance Solutions Bermuda Ltd. (PartnerRe Ins Solutions BM Ltd), a newly added member of PartnerRe Ltd. The ratings outlook is stable. According to an AM Best …
Auto insurers have had difficulties coming out of the pandemic – when streets were relatively unpopulated. The topic was the top national story published by Insurance Journal in 2022. If a word cloud was to be done on all national …