News Archives - Insurance Journal

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13 05, 2022

People Moves: AGCS Promotes Todorovic for Political Violence Unit; Aon Hires Knight From Navigators & General for Global Yacht Practice

By | May 13th, 2022|Uncategorized|Comments Off on People Moves: AGCS Promotes Todorovic for Political Violence Unit; Aon Hires Knight From Navigators & General for Global Yacht Practice

AGCS Promotes Todorovic for Political Violence Unit Allianz Global Corporate & Specialty (AGCS) has promoted Srdjan Todorovic as head of Global Political Violence & Hostile Environment Solutions, based in London. This unit is part of AGCS’s Property line of business …

13 05, 2022

Keystone Names Nalley Tennessee VP

By | May 13th, 2022|Uncategorized|Comments Off on Keystone Names Nalley Tennessee VP

Keystone Insurers Group, which calls itself the fourth largest participant-owned insurance agency network in the country, has named Carolyn Nalley as new Tennessee state vice president. Nalley was previously at The Hartford as a senior small-commercial sales representative, Keystone said …

12 05, 2022

California Fire Destroys Mansions; New Mexico Wildfire Grows

By | May 12th, 2022|Uncategorized|Comments Off on California Fire Destroys Mansions; New Mexico Wildfire Grows

The largest wildfire in the U.S. was spreading toward mountain resort towns in northern New Mexico, prompting officials to issue another set of warnings for more people to evacuate. Meanwhile, a wildfire that erupted Wednesday afternoon in coastal Southern California …

13 05, 2022

India’s LIC Prices IPO at Top of Indicated Range: Source

By | May 13th, 2022|Uncategorized|Comments Off on India’s LIC Prices IPO at Top of Indicated Range: Source

India’s Life Insurance Corp. (LIC) has priced its initial public offering at the top of the indicated range, at 949 rupees ($12.28), a source familiar with the matter said on Friday. The state-owned insurance behemoth is likely to be listed …

13 05, 2022

People Moves: IA&B Hires Lobbyist; Concord Specialty Promotes 3; IMUA Elects Officers

By | May 13th, 2022|Uncategorized|Comments Off on People Moves: IA&B Hires Lobbyist; Concord Specialty Promotes 3; IMUA Elects Officers

IA&B Welcomes John Savant as Government Affairs Director The independent insurance agents’ trade association for Pennsylvania, Maryland and Delaware has a new lobbyist. The Insurance Agents & Brokers (IA&B) has hired John Savant as government affairs director. In his role, …

12 05, 2022

Sexism in Financial Services Has Gotten Worse, Says Aviva CEO Amanda Blanc

By | May 12th, 2022|Uncategorized|Comments Off on Sexism in Financial Services Has Gotten Worse, Says Aviva CEO Amanda Blanc

Aviva Plc Chief Executive Officer Amanda Blanc said that the sexism she encounters has worsened as she has risen through the ranks in finance. Blanc became the insurer’s first female chief executive in July 2020 but faced a number of …

12 05, 2022

Rhode Island High Court Revisits Exception to Workers’ Comp ‘Going-and-Coming’ Rule

By | May 12th, 2022|Uncategorized|Comments Off on Rhode Island High Court Revisits Exception to Workers’ Comp ‘Going-and-Coming’ Rule

The Rhode Island Supreme Court recently revisited the “going-and-coming” rule that generally excludes workers’ compensation benefits where an injured worker is traveling to or from work. The court has affirmed — and slightly modified— an exception to that rule concerning …

12 05, 2022

Extreme Weather Threatens Global Wheat Crops – With One Notable Exception

By | May 12th, 2022|Uncategorized|Comments Off on Extreme Weather Threatens Global Wheat Crops – With One Notable Exception

As Russia’s invasion chokes off Ukrainian wheat exports, pushing up bread and noodle prices, the global harvest faces an added test: extreme weather. Droughts, flooding and heatwaves threaten output from the U.S. to France and India, compounding shrinking production in …

12 05, 2022

Choice Financial Buys Pensylvania’s Fonner Insurance

By | May 12th, 2022|Uncategorized|Comments Off on Choice Financial Buys Pensylvania’s Fonner Insurance

Choice Financial Group reported that it has acquired property/casualty insurance agency Fonner Insurance Associates in Abington, Pennsylvania. Fonner has served the greater Philadelphia area for 30 years led by the Fonner family. William and Eric Fonner will continue managing the …

12 05, 2022

Russia’s War With Ukraine Must Not Derail Climate Action: Envoys Warn

By | May 12th, 2022|Uncategorized|Comments Off on Russia’s War With Ukraine Must Not Derail Climate Action: Envoys Warn

The world needs to speed up decarbonization and not let a focus on energy security in the wake of Russia’s invasion of Ukraine derail the drive to a low-carbon economy to avert disastrous climate change, leading climate envoys said on …