News Archives - Insurance Journal

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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 …

26 07, 2022

Tesla’s Phantom Brake Problem Exposes Need for Human Audits of Machine-Read Data

By | July 26th, 2022|Uncategorized|Comments Off on Tesla’s Phantom Brake Problem Exposes Need for Human Audits of Machine-Read Data

“Slamming on the brakes” is often a blaming moment. Someone most likely was not paying attention to conditions, but is that always the case? In the case of usage-based insurance models, which determine an individual driver’s rates based on patterns …

26 07, 2022

North Carolina Agency to Test Soil and Water at Fertilizer Plant Explosion Site

By | July 26th, 2022|Uncategorized|Comments Off on North Carolina Agency to Test Soil and Water at Fertilizer Plant Explosion Site

A North Carolina environmental agency has approved a plan to test the soil and groundwater for contamination at the site of a massive fertilizer-plant fire in January. Montrose Engineering and Geology laid out its plans in a 71-page document approved …

28 07, 2022

Maryland Man Died When Hit on Road After Lyft Driver Ordered Him Out of Car: Police

By | July 28th, 2022|Uncategorized|Comments Off on Maryland Man Died When Hit on Road After Lyft Driver Ordered Him Out of Car: Police

A Maryland man has died after police say his Lyft driver ordered him out of the car in the middle of a Delaware highway. Delaware State Police say the crash occurred Sunday around 2 a.m. A group of six friends …

25 07, 2022

Missouri Limestone Quarry to Pay $210K EPA Penalty

By | July 25th, 2022|Uncategorized|Comments Off on Missouri Limestone Quarry to Pay $210K EPA Penalty

Trager Limestone LLC, which operates the Nettleton Limestone Quarry in Caldwell County, Missouri, has agreed to pay a $210,000 civil penalty and perform watershed restoration at a cost of over $300,000, as part of a settlement with the federal government. …