News Archives - Insurance Journal

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31 08, 2022

Oregon Wildfire Threatening over 7,000 Structures

By | August 31st, 2022|Uncategorized|Comments Off on Oregon Wildfire Threatening over 7,000 Structures

The Rum Creek Fire in remote southwest Oregon has burned nearly 18.75 square miles is threatening thousands of homes and is only about 1% contained. As of Tuesday morning, the Northwest Interagency Coordination Center said 5,035 homes and more than …

31 08, 2022

SEC Charges Lindberg Misappropriated $75M from His Insurance Companies

By | August 31st, 2022|Uncategorized|Comments Off on SEC Charges Lindberg Misappropriated $75M from His Insurance Companies

One day after a judge set a new trial date for former Carolina insurance executive Greg Lindberg’s bribery case, the U.S. Securities and Exchange Commission charged that Lindberg and an associate had defrauded clients out of $75 million by using …

31 08, 2022

Mississippi Capital City Without Running Water After Floods Worsen Pump Problems

By | August 31st, 2022|Uncategorized|Comments Off on Mississippi Capital City Without Running Water After Floods Worsen Pump Problems

In Mississippi’s capital, thousands of residents have no running water, after river flooding contributed to longstanding problems at the city’s water treatment facilities. Emergency officials on Tuesday were distributing bottled water to residents, a local university was using temporary restrooms …

31 08, 2022

People Moves: Senior Hires at Everest Wholesale Division; Zoidis New Atain CEO; Bohac Joins SIAA; B&B Adds 5 to Analytics Team

By | August 31st, 2022|Uncategorized|Comments Off on People Moves: Senior Hires at Everest Wholesale Division; Zoidis New Atain CEO; Bohac Joins SIAA; B&B Adds 5 to Analytics Team

Everest Insurance Division Announces Key Leadership Appointments Everest Insurance, the Insurance division of Everest Re Group, Ltd., has announced key appointments in its U.S. Wholesale division. Casey Hartley has been named senior vice president and head of U.S. wholesale casualty. …

31 08, 2022

Severe Storms Blamed in 3 Deaths in Michigan, Ohio, Arkansas

By | August 31st, 2022|Uncategorized|Comments Off on Severe Storms Blamed in 3 Deaths in Michigan, Ohio, Arkansas

Severe storms that brought damaging winds, heavy rains and flash flooding to parts of the Midwest and the South were blamed for the deaths of three people, including two children in Michigan and Arkansas as well as a woman in …

31 08, 2022

People Moves: TigerRisk Hires Aon’s Rosenberg for ILS Team; Gallagher Re Appoints Delacroix in France; BMS Re Taps Carpenter’s Torres-Ortíz for Caribbean Fac

By | August 31st, 2022|Uncategorized|Comments Off on People Moves: TigerRisk Hires Aon’s Rosenberg for ILS Team; Gallagher Re Appoints Delacroix in France; BMS Re Taps Carpenter’s Torres-Ortíz for Caribbean Fac

This edition of International People Moves details appointments at TigerRisk, Gallagher Re and BMS Re. A summary of these new hires follows here. TigerRisk Hires Aon’s Rosenberg for ILS Team TigerRisk Partners LLC, the Stamford, Conn.-based re/insurance broker, announced the …

31 08, 2022

Texas Newspaper Sued Over Firing Worker for Bug Bite Complaints

By | August 31st, 2022|Uncategorized|Comments Off on Texas Newspaper Sued Over Firing Worker for Bug Bite Complaints

While media organizations depend on their reporters’ abilities to expose issues of public concern, a journalist at the Killeen Daily Herald found themselves out of a job when they complained to the newspaper’s management that they believed fleas had infested …

31 08, 2022

Exxon Begins Legal Action After Putin Blocks Its Final Russian Exit

By | August 31st, 2022|Uncategorized|Comments Off on Exxon Begins Legal Action After Putin Blocks Its Final Russian Exit

Exxon Mobil Corp. took the first step toward filing a lawsuit against Russia after Vladimir Putin blocked the oil major from exiting its only remaining operation in the country. Exxon has been trying to exit the Sakhalin-1 project in the …

31 08, 2022

Program Manager McNeil, New York Cannabis Industry Form Workers’ Compensation Group

By | August 31st, 2022|Uncategorized|Comments Off on Program Manager McNeil, New York Cannabis Industry Form Workers’ Compensation Group

Insurance program manager McNeil & Co. and the Cannabis Association of New York (CANY) are forming a workers’ compensation safety group for the New York cannabis industry. The two said the New York State Insurance Fund (NYSIF) recently gave initial …

31 08, 2022

Hartford Insurance Loses Appeal of Loss of Consortium Claim It Labeled a ‘Ploy’

By | August 31st, 2022|Uncategorized|Comments Off on Hartford Insurance Loses Appeal of Loss of Consortium Claim It Labeled a ‘Ploy’

Hartford Insurance Group has lost an appeal of a $1.45 million injury settlement between an injured employee and third parties where 60% was for loss of consortium for the wife of the injured worker. Hartford maintained that the consortium allocation …