News Archives - Insurance Journal

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23 03, 2022

People Moves: Root Names Bateman as CFO

By | March 23rd, 2022|Uncategorized|Comments Off on People Moves: Root Names Bateman as CFO

Root, Inc. has Rob Bateman as its new chief financial officer, effective April 11. Bateman joins Columbus, Ohio-based Root as CFO with over two decades of broad strategic, financial and operational experience across the insurance industry, most recently as president …

23 03, 2022

U.S. Fuelmakers on Hook for Vehicle Emissions in New SEC Rule

By | March 23rd, 2022|Uncategorized|Comments Off on U.S. Fuelmakers on Hook for Vehicle Emissions in New SEC Rule

U.S. drillers and refiners will likely need to report estimated greenhouse gas emissions from the cars, trucks, planes and ships that use their fuel if a rule proposed by U.S. regulators on Monday passes later this year, according to industry …

23 03, 2022

People Moves: TigerRisk Hires Aon’s Tuttle as Sr. Reinsurance Broker; HDI Promotes 3 for UK, Ireland Teams; BMS Taps Howden’s Powell as Chief Commercial Officer

By | March 23rd, 2022|Uncategorized|Comments Off on People Moves: TigerRisk Hires Aon’s Tuttle as Sr. Reinsurance Broker; HDI Promotes 3 for UK, Ireland Teams; BMS Taps Howden’s Powell as Chief Commercial Officer

This edition of International People Moves details appointments at TigerRisk Partners, HDI Global, and BMS. A summary of these new hires follows here. TigerRisk Hires Aon’s Tuttle as Partner, Senior Reinsurance Broker TigerRisk Partners, the Stamford, Conn. insurance and reinsurance …

23 03, 2022

Powerful Storm System Leaves 1 Dead, More Than Dozen Injured in Texas, Oklahoma

By | March 23rd, 2022|Uncategorized|Comments Off on Powerful Storm System Leaves 1 Dead, More Than Dozen Injured in Texas, Oklahoma

One person was killed and more than a dozen were injured when tornadoes tore through parts of Texas and Oklahoma, damaging a school, homes and businesses, officials said. The same storm system was poised to move into Louisiana and Mississippi …

8 03, 2022

Avatar Becomes Second Florida Insurer to Become Insolvent This Year

By | March 8th, 2022|Uncategorized|Comments Off on Avatar Becomes Second Florida Insurer to Become Insolvent This Year

Two weeks after St. Johns Insurance Co. was declared insolvent, Florida regulators have taken steps to begin liquidating Tampa-based Avatar Property & Casualty Insurance Co., making it the second carrier this year to falter and the sixth in the last …

8 03, 2022

Missouri Cement Company Fined $17K For Shorting Pay of Worker

By | March 8th, 2022|Uncategorized|Comments Off on Missouri Cement Company Fined $17K For Shorting Pay of Worker

A federal administrative law judge in Washington, D.C., has ordered a Hannibal, Missouri cement company to pay a worker the company penalized for assisting federal safety investigators during a site visit. On March 1, Administrative Law Judge William B. Moran …

8 03, 2022

FMCSA Declares Texas Motor Carrier to be an Imminent Hazard to Public Safety Following Fatal Crash

By | March 8th, 2022|Uncategorized|Comments Off on FMCSA Declares Texas Motor Carrier to be an Imminent Hazard to Public Safety Following Fatal Crash

The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) has declared Koboat Trucking LLC, USDOT No. 3273682, a Houston-based motor carrier, to be an “imminent hazard” to public safety and ordered the motor carrier to immediately cease all …

8 03, 2022

Judge Gives Nod to Surfside Unit Owners’ $83M Settlement

By | March 8th, 2022|Uncategorized|Comments Off on Judge Gives Nod to Surfside Unit Owners’ $83M Settlement

A judge has given preliminary approval to a settlement agreement that would allocate $83 million to individual owners of condominium units at the collapsed Champlain Towers South in Surfside, Florida. It’s the latest of several developments in the aftermath of …

8 03, 2022

Kansas Wildfire Kills 1, Destroys Several Homes

By | March 8th, 2022|Uncategorized|Comments Off on Kansas Wildfire Kills 1, Destroys Several Homes

One person was found dead March 6 as firefighters worked to contain a wildfire that burned 12,000 acres in south-central Kansas. Reno County Emergency Management officials said one person who had been reported missing during the fire was found dead …

8 03, 2022

Trial Starts for Lawsuit Over Police Use of Force in Colorado

By | March 8th, 2022|Uncategorized|Comments Off on Trial Starts for Lawsuit Over Police Use of Force in Colorado

The trial for a lawsuit accusing Denver, Colorado, police of using indiscriminate force two years ago against people protesting the killing of George Floyd started Monday in federal court. Opening statements will come after a jury is seated for what …