News Archives - Insurance Journal

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27 09, 2024

People Moves: AXA XL Promotes Flanagan to Lead P&C Bermuda; Intangic Names Cryer as Dir. of Client Solutions; Dale Names Daniel Head of Global Property Reinsurance

By | September 27th, 2024|Uncategorized|Comments Off on People Moves: AXA XL Promotes Flanagan to Lead P&C Bermuda; Intangic Names Cryer as Dir. of Client Solutions; Dale Names Daniel Head of Global Property Reinsurance

This edition of International People Moves details appointments at AXA XL Bermuda, the MGA Intangic, and the Lloyd’s insurer Dale Underwriting Partners. A summary of these new hires follows here. AXA XL Promotes Flanagan to Head of P&C Bermuda AXA …

20 09, 2024

7 in 10 Actuaries and Underwriters Worry About Being Replaced by AI

By | September 20th, 2024|Uncategorized|Comments Off on 7 in 10 Actuaries and Underwriters Worry About Being Replaced by AI

With the vast majority (91 percent) of insurance companies already investing in AI or planning to in the next five years, it’s not surprising that nearly 7 in 10 actuaries and underwriters are worried about being replaced by artificial intelligence, …

20 09, 2024

J&J Lifts Baby Powder Settlement Bid to More Than $8.2 Billion

By | September 20th, 2024|Uncategorized|Comments Off on J&J Lifts Baby Powder Settlement Bid to More Than $8.2 Billion

Johnson & Johnson has boosted to more than $8.2 billion its offer to settle thousands of lawsuits by people who say its baby powder gave them cancer, according to people familiar with the matter. The offer, an increase from the …

20 09, 2024

People Moves: AIG Appoints Walsh CFO; Rokstone Names Baker Deputy Head of US Casualty; Applied Underwriters Hires, Promotes Leadership

By | September 20th, 2024|Uncategorized|Comments Off on People Moves: AIG Appoints Walsh CFO; Rokstone Names Baker Deputy Head of US Casualty; Applied Underwriters Hires, Promotes Leadership

AIG Appoints Walsh Executive Vice President, Chief Financial Officer American International Group, Inc. (AIG), headquartered in New York City, named Keith Walsh as executive vice president and chief financial officer, effective October 21. Walsh, based in New York, will lead …

20 09, 2024

Human Remains Found in Vehicle Involved in Texas Pipeline Fire

By | September 20th, 2024|Uncategorized|Comments Off on Human Remains Found in Vehicle Involved in Texas Pipeline Fire

Deer Park, Texas, police confirmed that human remains were recovered from a vehicle that crashed into a natural gas liquids pipeline Monday, triggering a fire that continues to burn. “Medical examiners will now begin working through their identification process, which …

20 09, 2024

Man Arrested for Damaging a Statue Outside a St. Louis Cathedral

By | September 20th, 2024|Uncategorized|Comments Off on Man Arrested for Damaging a Statue Outside a St. Louis Cathedral

ST. LOUIS (AP) — A man used construction equipment to drop a heavy boom lift onto a sculpture that has stood for 25 years outside St. Louis’ Cathedral Basilica, badly damaging it, police said. It wasn’t immediately clear whether the …

20 09, 2024

Exploding Pagers Sound Global Alarm on Supply-Chain Security

By | September 20th, 2024|Uncategorized|Comments Off on Exploding Pagers Sound Global Alarm on Supply-Chain Security

Thousands of pagers and other devices exploding in Lebanon this week mark a new and deadly escalation in the use of supply chains against adversaries, giving new urgency to global leaders’ drive to reduce their dependence on technologies from rivals. …

20 09, 2024

Extreme Weather Adds to Fiscal Strains in Central Europe

By | September 20th, 2024|Uncategorized|Comments Off on Extreme Weather Adds to Fiscal Strains in Central Europe

Just a week ago, before deadly floods swept through central Europe, the Czech Republic looked on track to become the first country in the region since COVID-19 to pull its budget deficit firmly below the 3% of GDP cap set …

20 09, 2024

E&S Vet Miller and Team Launch MGA Pivix

By | September 20th, 2024|Uncategorized|Comments Off on E&S Vet Miller and Team Launch MGA Pivix

Former Scottsdale Insurance President Mike Miller will now serve as president and CEO of excess & surplus managing general agency Pivix Specialty Insurance Services. Based in Scottsdale, Arizona, Pivix is an E&S platform offering property/casualty coverages for targeted segments. Products …

20 09, 2024

GM to Recall Over 449,000 Pickup Trucks, SUVs

By | September 20th, 2024|Uncategorized|Comments Off on GM to Recall Over 449,000 Pickup Trucks, SUVs

General Motors is recalling 449,671 pickup trucks and SUVs in the U.S. due to inoperative low brake fluid warning, the U.S. National Highway Traffic Safety Administration said on Friday. The recall includes some 2023 Chevrolet Silverado 1500, GMC Sierra 1500, …