News Archives - Insurance Journal

/News Archives - Insurance Journal

About News Archives - Insurance Journal

This author has not yet filled in any details.
So far News Archives - Insurance Journal has created 5529 blog entries.
27 05, 2022

U.S. Seizes Iranian Oil Cargo From Russian-Operated Ship Near Greece: Sources

By | May 27th, 2022|Uncategorized|Comments Off on U.S. Seizes Iranian Oil Cargo From Russian-Operated Ship Near Greece: Sources

The United States has confiscated Iranian oil held on a Russian-operated ship near Greece and will send the cargo to the United States aboard another vessel, three sources familiar with the matter said. It was unclear whether the cargo was …

27 05, 2022

People Moves: MEMIC Names White Underwriter for Pennsylvania; World Insurance Hires Robb as General Counsel

By | May 27th, 2022|Uncategorized|Comments Off on People Moves: MEMIC Names White Underwriter for Pennsylvania; World Insurance Hires Robb as General Counsel

MEMIC Hires White as Senior Underwriter in Pennsylvania Workers’ compensation insurer MEMIC Group has hired Curtis White as senior production underwriter, responsible for renewals and new business in Pennsylvania. White’s career in the workers’ compensation industry spans 14 years and …

27 05, 2022

Cyber-Hygiene Confidence Low but Insurance Is Making an Impact: Survey

By | May 27th, 2022|Uncategorized|Comments Off on Cyber-Hygiene Confidence Low but Insurance Is Making an Impact: Survey

Nearly three quarters of global cyber-risk decision markers recently surveyed said their company experienced at least one cyberattack in the past year and while these attacks have spurred more investment in cyber-risk mitigation efforts, just 3% rated their company’s cyber …

27 05, 2022

FDA Chief Struggles to Explain Slow Response on Baby Formula

By | May 27th, 2022|Uncategorized|Comments Off on FDA Chief Struggles to Explain Slow Response on Baby Formula

The head of the Food and Drug Administration faced bipartisan fury from House lawmakers May 25 over months of delays investigating problems at the nation’s largest baby formula plant that prompted an ongoing shortage. FDA Commissioner Robert Califf laid out …

27 05, 2022

New Mexico Wildfire Nears 50% Containment

By | May 27th, 2022|Uncategorized|Comments Off on New Mexico Wildfire Nears 50% Containment

Crews in northern New Mexico have cleared and cut containment lines around nearly half of the perimeter of the nation’s largest active wildfire while bracing for a return of weather conditions that might fan flames and send embers aloft, officials …

27 05, 2022

Blaze Burns 3 Large Buildings in Alaska Village

By | May 27th, 2022|Uncategorized|Comments Off on Blaze Burns 3 Large Buildings in Alaska Village

Firefighters have contained a blaze in the southwest Alaska village of Kasigluk that burned three buildings, including a school building, according to the Alaska Division of Forestry. Air tankers and smokejumpers responded to the fire, which the division said Thursday …

27 05, 2022

U.S. Consumer Spending Beats Expectations in April; Inflation Likely Peaked

By | May 27th, 2022|Uncategorized|Comments Off on U.S. Consumer Spending Beats Expectations in April; Inflation Likely Peaked

U.S. consumer spending rose more than expected in April, while annual inflation appeared to have peaked, which could help to underpin economic growth in the second quarter amid rising fears of a recession. Consumer spending, which accounts for more than …

27 05, 2022

Milestone Partners Acquires Louisiana’s GoAuto

By | May 27th, 2022|Uncategorized|Comments Off on Milestone Partners Acquires Louisiana’s GoAuto

Milestone Partners acquired specialty auto insurance holding company Drive Assurance Holdings LLC (“Drive Assurance”) and the related acquisition of GoAuto, LLC (“GoAuto”) and its affiliated technology platform, Adaptive Information Technologies, LLC (“AIT”). GoAuto calls itself a tech-focused, vertically integrated personal …

27 05, 2022

Abandoned Louisiana Oil Wells Slated to Receive Clean Up in Infrastructure Bill

By | May 27th, 2022|Uncategorized|Comments Off on Abandoned Louisiana Oil Wells Slated to Receive Clean Up in Infrastructure Bill

About $33 million of the $1 trillion bipartisan infrastructure plan recently signed into law by President Joe Biden will go toward cleanning up 277 of an estimated 15,000 abandoned oil and gas wells on federal land, the nation’s interior secretary …

27 05, 2022

Texas Mutual to Award $1.1M in Safety Education Grants to 11 Texas Colleges

By | May 27th, 2022|Uncategorized|Comments Off on Texas Mutual to Award $1.1M in Safety Education Grants to 11 Texas Colleges

Texas Mutual Insurance Company is awarding $1.1 million in grants to 11 colleges across Texas to fund workplace safety courses for employers, workers and the general public. Texas Mutual—the state’s leading provider of workers’ compensation insurance—began its commitment to supporting …