News Archives - Insurance Journal

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23 06, 2022

Markets/Coverages: Nexus Creates Financial Unit; PERILS Expands Its Japan Data; Amber Secures Digital Wallet Cover

By | June 23rd, 2022|Uncategorized|Comments Off on Markets/Coverages: Nexus Creates Financial Unit; PERILS Expands Its Japan Data; Amber Secures Digital Wallet Cover

Nexus Underwriting Establishes Financial Lines Division, Nexus Frontier Independent specialty managing general agent Nexus Underwriting reports it has formed a new division, Nexus Frontier. Frontier is a financial lines MGA structure for Nexus where fronted insurance arrangements will be housed. …

23 06, 2022

Markets/Coverages: Skyward, InShare Offer Gig Accident Cover; London Underwriters Adds Slice; Hippo Grows Mortgage Channel

By | June 23rd, 2022|Uncategorized|Comments Off on Markets/Coverages: Skyward, InShare Offer Gig Accident Cover; London Underwriters Adds Slice; Hippo Grows Mortgage Channel

InShare and Skyward Target Gig Driver Firms With Accident Insurance Managing general agent (MGA) InShare and Skyward Specialty Insurance Group Inc. announced the launch of an occupational accident insurance offering for independent workers across a number of segments, including trucking, …

23 06, 2022

Financial Conduct Authority Fines JLT Specialty £7.8 million

By | June 23rd, 2022|Uncategorized|Comments Off on Financial Conduct Authority Fines JLT Specialty £7.8 million

The Financial Conduct Authority (FCA) has levied a fine of £7,881,700 against insurance broker JLT Specialty Ltd. for financial crime control failings, which in one instance CFA said allowed bribery of more than $3million to take place. JLT Specialty, which …

23 06, 2022

People Moves: Ed Broking’s Baird Takes Leadership Role at Aventum; Chubb Appoints AGCS’ Nicklin as Global Client Executive for UK, Ireland

By | June 23rd, 2022|Uncategorized|Comments Off on People Moves: Ed Broking’s Baird Takes Leadership Role at Aventum; Chubb Appoints AGCS’ Nicklin as Global Client Executive for UK, Ireland

This edition of International People Moves details appointments at re/insurance broker Consilium and the insurer Chubb. A summary of these new hires follows here. Ed Broking’s Baird Takes Leadership Role at Aventum Consilium, the international re/insurance broker, part of The …

23 06, 2022

Supreme Court Voids New York Gun Permit Law, Establishes Right to Carry Outside Home

By | June 23rd, 2022|Uncategorized|Comments Off on Supreme Court Voids New York Gun Permit Law, Establishes Right to Carry Outside Home

The U.S. Supreme Court struck down a New York law that required people to show a special need to carry a handgun in public, ruling for the first time that the Second Amendment protects gun rights outside the home. The …

23 06, 2022

Yellowstone Reopens After Changes Wrought by Flood

By | June 23rd, 2022|Uncategorized|Comments Off on Yellowstone Reopens After Changes Wrought by Flood

Hundreds of cars, trucks and recreational vehicles were backed up in long lines at entrances to Yellowstone National Park as it partially reopened Wednesday morning following record floods that reshaped the park’s rivers and canyons, wiped out numerous roads and …

24 06, 2022

Michigan Fire Damaged Hotel, Other Buildings

By | June 24th, 2022|Uncategorized|Comments Off on Michigan Fire Damaged Hotel, Other Buildings

A hotel was among several businesses damaged as a fire swept through part of the downtown of a northern Oakland County, Michigan, village. Dozens of firefighters from area departments battled the blaze which started about 4 p.m. Tuesday in Holly, …

24 06, 2022

Jury Finds Construction Firm Retaliated Against Immigrant Worker, Awards $650K

By | June 24th, 2022|Uncategorized|Comments Off on Jury Finds Construction Firm Retaliated Against Immigrant Worker, Awards $650K

A federal jury has awarded $650,000 in damages to a Massachusetts construction worker who said his employer retaliated against him after he was injured on the job by sparking an immigration investigation that led to his arrest. The jury on …

24 06, 2022

TWIA Shares Timeline For Annual Rate Filing Consideration

By | June 24th, 2022|Uncategorized|Comments Off on TWIA Shares Timeline For Annual Rate Filing Consideration

The Texas Windstorm Insurance Association announced this week the timeline for its annual rate filing consideration. By law, TWIA must make a rate filing with the Texas Department of Insurance by August 15 each year. TWIA’s Actuarial & Underwriting Committee …

24 06, 2022

Volunteer Firefighter Dies from Injuries Suffered in Kansas Fire

By | June 24th, 2022|Uncategorized|Comments Off on Volunteer Firefighter Dies from Injuries Suffered in Kansas Fire

A volunteer firefighter who was injured while fighting a blaze in Pleasanton, Kansas, earlier this week has died, officials said. Joshua Haynes, 35, was injured Monday during a fire at the Carpenter Chiropractor Clinic. He was flown to the University …