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 6207 blog entries.
26 07, 2022

Alaska Experiencing Wildfires It’s Never Seen Before

By | July 26th, 2022|Uncategorized|Comments Off on Alaska Experiencing Wildfires It’s Never Seen Before

Alaska is burning this year in ways rarely or ever seen, from the largest wildfire in a typically mainly fireproof southwest region to a pair of blazes that ripped through forests and produced smoke that blew hundreds of miles to …

28 07, 2022

Allergan Poised to Pay More Than $2 Billion in Opioid Settlement

By | July 28th, 2022|Uncategorized|Comments Off on Allergan Poised to Pay More Than $2 Billion in Opioid Settlement

AbbVie Inc.’s Allergan unit has reached an agreement to pay more than $2 billion to resolve thousands of lawsuits filed by state and local governments over the marketing of its Kadian opioid painkiller, according to people familiar with the matter. …

25 07, 2022

FEMA Report: Flood Insurance Hikes Will Drive 1 Million From Market

By | July 25th, 2022|Uncategorized|Comments Off on FEMA Report: Flood Insurance Hikes Will Drive 1 Million From Market

When questioned by members of Congress, the Federal Emergency Management Agency said its new update to the nation’s flood insurance program will prompt more people to sign up for coverage, even though many will pay more for it. But in …

26 07, 2022

Firefighters Slow Growth of Massive California Blaze Near Yosemite

By | July 26th, 2022|Uncategorized|Comments Off on Firefighters Slow Growth of Massive California Blaze Near Yosemite

Firefighters have significantly slowed the spread of a huge wildfire burning in a forest near Yosemite National Park that burned 55 homes and other buildings and forced thousands from their homes, officials said Monday. “It was a successful day for …

26 07, 2022

Markets/Coverages: Openly’s New Homeowners Carrier; Neptune Flood, SIAA Partnership; MiKargo247 Launches for Per-Load Freight

By | July 26th, 2022|Uncategorized|Comments Off on Markets/Coverages: Openly’s New Homeowners Carrier; Neptune Flood, SIAA Partnership; MiKargo247 Launches for Per-Load Freight

Openly Starts Openly Insurance Company, a Licensed Homeowners Insurance Carrier Openly announced the launch of the Openly Insurance Company, a homeowners insurance carrier licensed in 17 states. Openly had formerly operating solely as a MGA. The announcement was made only …

25 07, 2022

Australia on High Alert for Foot-and-Mouth Disease in Its Cattle Herds

By | July 25th, 2022|Uncategorized|Comments Off on Australia on High Alert for Foot-and-Mouth Disease in Its Cattle Herds

Australia is on high alert for foot-and-mouth disease in its cattle herds after traces of the virus were found on imported animal products. The disease is already ripping through Indonesia, and is creeping ever closer to paddocks Down Under, where …

26 07, 2022

People Moves: Howden RE Hires Former Carpenter Exec Thienel to Launch German Unit; MGA Alta Signa Appoints Kisters as Professional Indemnity Manager, Netherlands

By | July 26th, 2022|Uncategorized|Comments Off on People Moves: Howden RE Hires Former Carpenter Exec Thienel to Launch German Unit; MGA Alta Signa Appoints Kisters as Professional Indemnity Manager, Netherlands

This edition of International People Moves details appointments at the broker Howden RE and the MGA Alta Signa Europe. A summary of these new hires follows here. Howden RE Hires Former Carpenter Exec Thienel to Launch German Reinsurance Unit Howden …

26 07, 2022

Alex Jones’ Defamation Trial Set to Begin in Texas

By | July 26th, 2022|Uncategorized|Comments Off on Alex Jones’ Defamation Trial Set to Begin in Texas

Jury selection was set for Monday in a trial that will determine for the first time how much Infowars host Alex Jones must pay Sandy Hook Elementary School parents for falsely telling his audience that the deadliest classroom shooting in …

28 07, 2022

Global Natural Disasters Cost Insurers $34 Billion in H1 2022: Munich Re

By | July 28th, 2022|Uncategorized|Comments Off on Global Natural Disasters Cost Insurers $34 Billion in H1 2022: Munich Re

Global natural disasters during the first half of 2022 cost insurers about US$34 billion, which covered a little more than half of the overall $65 billion in losses from floods, earthquakes, and storms during the first six months, according to …

25 07, 2022

Crews Protect Homes as California Wildfire Burns Near Yosemite

By | July 25th, 2022|Uncategorized|Comments Off on Crews Protect Homes as California Wildfire Burns Near Yosemite

A destructive wildfire near Yosemite National Park burned out of control through tinder-dry forest on Sunday and had grown into one of California’s biggest blazes of the year, forcing thousands of residents to flee remote mountain communities. Some 2,000 firefighters …