News Archives - Insurance Journal

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24 05, 2022

Younger Workers More Likely to Leave Employers to Retain Flexibility

By | May 24th, 2022|Uncategorized|Comments Off on Younger Workers More Likely to Leave Employers to Retain Flexibility

Most business owners expect employees to be back working in person full time a year from now but employees want to retain flexibility with where and when they work. According to Nationwide’s most recent Agency Forward survey, about half of …

24 05, 2022

People Moves: Arch Hires Chaucer’s Bauckham for Terrorism, Political Violence & War Team; Dale Moves Into Marine Treaty With 2 Hires From MS Amlin

By | May 24th, 2022|Uncategorized|Comments Off on People Moves: Arch Hires Chaucer’s Bauckham for Terrorism, Political Violence & War Team; Dale Moves Into Marine Treaty With 2 Hires From MS Amlin

This edition of International People Moves details appointments at Arch Insurance International and Dale Underwriting Partners. A summary of these new hires follows here. Arch Insurance Int’l Hires Chaucer’s Bauckham for Terrorism, Political Violence & War Team Arch Insurance International …

24 05, 2022

Inflation Drives 33% Surge in Auto Telematics Adoption in Q1 2022: TransUnion

By | May 24th, 2022|Uncategorized|Comments Off on Inflation Drives 33% Surge in Auto Telematics Adoption in Q1 2022: TransUnion

TransUnion’s latest Personal Lines Insurance Shopping Report found the number of consumers who accepted a telematics offer from their auto insurance provider increased 33% since the end of 2021—a trend driven by consumers hoping to lower their premiums by demonstrating …

24 05, 2022

Louisiana Audit Shows Hurricanes Led to Increase in Insurance Complaints

By | May 24th, 2022|Uncategorized|Comments Off on Louisiana Audit Shows Hurricanes Led to Increase in Insurance Complaints

Residential property. complaints against Louisiana insurance companies skyrocketed in the aftermath of 2020 and 2021 hurricanes, according to a report released this month by the Louisiana Legislative Auditor. The Louisiana Department of Insurance (LDI) received 21,143 complaints in the calendar …

24 05, 2022

Texas Dept. of Insurance Security Issue Exposed Data for Nearly 3 Years

By | May 24th, 2022|Uncategorized|Comments Off on Texas Dept. of Insurance Security Issue Exposed Data for Nearly 3 Years

A data breach at the Texas Department of Insurance (TDI) exposed confidential information of 1.8 million Texans for nearly three years, according to a brief from the State Auditor’s Office. The audit report said confidential information related to workers’ compensation …

24 05, 2022

Insurance Technology: MGA Insight Risk Targets Water Damage; Beazley Starts Cyber Incident Response Rooms

By | May 24th, 2022|Uncategorized|Comments Off on Insurance Technology: MGA Insight Risk Targets Water Damage; Beazley Starts Cyber Incident Response Rooms

Insight Risk Targets Builder’s Risk Water Damage Losses Insight Risk, a technology-focused Builder’s Risk managing general agent (MGA), announced it is launching an innovative model designed to reduce water damage losses on commercial occupancies by up to 90%. By bundling …

20 05, 2022

Insurance Technology: Zurich’s FieldView Simplifies Crop Reporting; Kinetic Adds ‘Jump Detection’ to Wearables; Beat Capital to Launch MGAs Using OneShield

By | May 20th, 2022|Uncategorized|Comments Off on Insurance Technology: Zurich’s FieldView Simplifies Crop Reporting; Kinetic Adds ‘Jump Detection’ to Wearables; Beat Capital to Launch MGAs Using OneShield

Zurich’s Climate FieldView Expands Precision Crop Information for RCIS Zurich North America crop insurance business – Rural Community Insurance Services (RCIS) – has added Climate FieldView to its list of precision agriculture providers available to RCIS customers. FieldView enables farmers …

20 05, 2022

Family Dollar Closing Arkansas Distribution Center Following Rodent Lawsuit

By | May 20th, 2022|Uncategorized|Comments Off on Family Dollar Closing Arkansas Distribution Center Following Rodent Lawsuit

Family Dollar is closing an Arkansas distribution facility where more than 1,000 rodents were found earlier this year, forcing the recall of items from hundreds of stores, the company said Wednesday. The company said it plans to close the facility …

20 05, 2022

St. Louis Assistant Chief to Receive $162K in Discrimination Settlement

By | May 20th, 2022|Uncategorized|Comments Off on St. Louis Assistant Chief to Receive $162K in Discrimination Settlement

The city of St. Louis will pay a St. Louis assistant police chief nearly $162,000 to settle his federal discrimination lawsuit in which he alleged he was passed over for the city’s top police job because he is white. Lt. …

20 05, 2022

Minneapolis to Pay $1.5M to Man Arrested During George Floyd Protest

By | May 20th, 2022|Uncategorized|Comments Off on Minneapolis to Pay $1.5M to Man Arrested During George Floyd Protest

Minneapolis has agreed to pay $1.5 million to a man who said police used excessive force when he was arrested during the protests that followed George Floyd’s death in 2020, according to court documents filed Tuesday. Jaleel Stallings, 29, also …