News Archives - Insurance Journal

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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 …

27 05, 2022

Lawsuit: 13-Year-Old’s Hands Up When Shot by Chicago Officer

By | May 27th, 2022|Uncategorized|Comments Off on Lawsuit: 13-Year-Old’s Hands Up When Shot by Chicago Officer

A 13-year-old boy shot in the back by a Chicago police officer was unarmed and had his arms raised to surrender when he was hit by the bullet, according to a lawsuit filed Thursday, saying the incident illustrates deeply flawed …

27 05, 2022

Recreational Marijuana Validated for Ballot in South Dakota

By | May 27th, 2022|Uncategorized|Comments Off on Recreational Marijuana Validated for Ballot in South Dakota

South Dakota voters are set to vote again on whether they want recreational marijuana legalized for adults after the secretary of state on Wednesday validated the initiated measure for the November ballot. Secretary of State Steve Barnett announced that a …

27 05, 2022

McDonald’s Investors Demand Civil Rights Audit in Close Vote

By | May 27th, 2022|Uncategorized|Comments Off on McDonald’s Investors Demand Civil Rights Audit in Close Vote

McDonald’s Corp. investors voted in favor of a proposal calling for an independent civil-rights audit, going against the company’s recommendation, according to preliminary vote totals viewed by Bloomberg. The fast-food chain joins the ranks of other large businesses facing a …

24 05, 2022

WTW Launches Cyber Coverage for Ports and Terminals

By | May 24th, 2022|Uncategorized|Comments Off on WTW Launches Cyber Coverage for Ports and Terminals

Insurance broker WTW has launched specialist cyber coverage for ports and terminals, called CyNav. Designed to address the specific cyber threats faced by port and terminal owners and operators, CyNav provides both flexible and tailored cover for business interruption losses …

24 05, 2022

Credit Agricole Italy Weighs Investing in Banco BPM’s Insurance Business

By | May 24th, 2022|Uncategorized|Comments Off on Credit Agricole Italy Weighs Investing in Banco BPM’s Insurance Business

Credit Agricole Italy is interested in investing in the insurance activities of Banco BPM, the French banking group’s Italy head said on Monday. Banco BPM has exercised a call option to gain full ownership of its insurance joint-venture with France’s …

24 05, 2022

People Moves: Alliant Hires Johnson in Missouri; Gregory & Appel Names Kennedy COO

By | May 24th, 2022|Uncategorized|Comments Off on People Moves: Alliant Hires Johnson in Missouri; Gregory & Appel Names Kennedy COO

Alliant Insurance Services Hires Hunter Johnson Alliant Insurance Services hired Hunter Johnson as vice president, growing its presence in the Midwest region. Based in Springfield, Missouri, Johnson will deploy his broad expertise in workers’ compensation, alternative risk financing, and complex …

24 05, 2022

Ransomware Attack Exposed Data of More Than 500,000 Chicago Students, Staff

By | May 24th, 2022|Uncategorized|Comments Off on Ransomware Attack Exposed Data of More Than 500,000 Chicago Students, Staff

The personal information of more than half a million Chicago Public Schools students and staff was compromised in a ransomware attack last December, but the vendor didn’t report it to the district until last month, officials said. The data breach …