News Archives - Insurance Journal

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23 02, 2022

ESG Litigation Over Social Issues Is Poised to Rise

By | February 23rd, 2022|Uncategorized|Comments Off on ESG Litigation Over Social Issues Is Poised to Rise

Climate-related lawsuits like those filed against energy companies Exxon Mobil Corp., Shell Plc and PG&E Corp. have dominated ESG litigation in recent years. But there are signs an increase in cases extending beyond the environmental pillar of ESG may be …

25 02, 2022

Insured Losses for 2 Recent European Windstorms Estimated at €3B-€5B: Verisk

By | February 25th, 2022|Uncategorized|Comments Off on Insured Losses for 2 Recent European Windstorms Estimated at €3B-€5B: Verisk

Insured losses due to wind from Winter Storms Dudley/Ylenia and Eunice/Zeynep will range between €3 billion and €5 billion (US$2.2 billion-$5.6 billion), the majority of which are expected in Germany, UK, and the Netherlands, according to Verisk Extreme Event Solutions …

23 02, 2022

Aging Oil Storage Ships Pose Safety, Environmental Risks Around the World

By | February 23rd, 2022|Uncategorized|Comments Off on Aging Oil Storage Ships Pose Safety, Environmental Risks Around the World

The decades-old, oil-storage ship that blew up off the coast of Nigeria recently — killing some of its crew and spewing its contents into the Atlantic Ocean — is one of many vessels of similar vintage dotted across the globe. …

25 02, 2022

U.S. Won’t Give Water to California Farmers Because of Drougth

By | February 25th, 2022|Uncategorized|Comments Off on U.S. Won’t Give Water to California Farmers Because of Drougth

With California entering the third year of severe drought, federal officials said Wednesday they won’t deliver any water to farmers in the state’s major agricultural region – a decision that will force many to plant fewer crops in the fertile …

23 02, 2022

Aston Lark Ireland Buys Marine & General Insurances DAC

By | February 23rd, 2022|Uncategorized|Comments Off on Aston Lark Ireland Buys Marine & General Insurances DAC

Aston Lark Ireland announced it has agreed terms to acquire Marine & General Insurances DAC. Terms of the deal, which is subject to regulatory approval, were not disclosed. Based in Dublin, Marine & General provides bespoke solutions to individuals and …

25 02, 2022

Montana Jury Awards $36.5M to Former Libby Miner With Lung Disease

By | February 25th, 2022|Uncategorized|Comments Off on Montana Jury Awards $36.5M to Former Libby Miner With Lung Disease

A Montana jury has awarded $36.5 million in damages to an Oregon man who suffers from lung disease because of exposure to asbestos while working at a vermiculite mine in Libby, a bellwether case that could affect hundreds of additional …

23 02, 2022

Butler Buckley Agency in Miami Joins Renaissance Alliance

By | February 23rd, 2022|Uncategorized|Comments Off on Butler Buckley Agency in Miami Joins Renaissance Alliance

Another Florida insurance agency, Butler, Buckley & Deets, has joined Renaissance Alliance, a national firm that helps agencies grow. Butler, Buckley & Deets, based in Miami, notes it is one of the oldest insurance agencies in South Florida. It provides …

25 02, 2022

Washington Inmate’s Family to Get $3.75M in Cancer Death

By | February 25th, 2022|Uncategorized|Comments Off on Washington Inmate’s Family to Get $3.75M in Cancer Death

Washington state will pay $3.75 million to settle a wrongful-death lawsuit brought by the family of a man who died at Monroe Correctional Complex after his cancer went untreated despite repeated pleas. Kenny Williams, 63, died in June 2019 of …

23 02, 2022

City Insurance Launches in More California and Colorado Cities

By | February 23rd, 2022|Uncategorized|Comments Off on City Insurance Launches in More California and Colorado Cities

Distinguished Programs is expanding its City Insurance program to select cities in California and Colorado, as well as launching new umbrella coverage eligibility for condos and rentals with underlying City Insurance policies. The City Insurance program is now available for …

25 02, 2022

Insurance Technology: Nationwide Sponsors Homecare Robots; Trucker Platform Nirvana Raised $25M; DealerPolicy Rebrands as Polly; Dent.co Aids Auto Repairs

By | February 25th, 2022|Uncategorized|Comments Off on Insurance Technology: Nationwide Sponsors Homecare Robots; Trucker Platform Nirvana Raised $25M; DealerPolicy Rebrands as Polly; Dent.co Aids Auto Repairs

Nationwide Sponsors Labrador Retriever Robot Giant insurer Nationwide is partnering with an early-stage robotics company, Southern California-based Labrador Systems, on a multi-state pilot program with the Labrador Retriever, a personal robot designed to help individuals live more independently as well …