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Chubb Weathers Q2 Disasters; CEO Greenberg Hits Anti-Trade, Anti-Immigration Politics
Chubb Ltd. weathered claims from major storms in Texas and other U.S. states, Canadian wildfires and earthquakes in Japan and Ecuador in the second quarter to record solid operating results Operating income at the giant insurer formed with the merger …
World Insurance Associates Acquires New Jersey’s AIV Group
World Insurance Associates, an independent insurance agency headquartered in Tinton Falls, New Jersey, said it recently acquired AIV Group, an insurance agency serving the Asian community. AIV Group, in Avenel, New Jersey, was founded in 2010 by Sonali Shah, who …
FEMA Approves UMass Disaster Mitigation Plan
The University of Massachusetts has won state and federal approval of plans to protect the system’s campuses from natural hazards. School officials say it’s necessary to prepare for threats such as storms or flooding amid climate change and the extreme …
Western New York Man Hit by Police Cruiser Sues for $7 Million
A western New York man struck by a Rochester police cruiser earlier this year has filed a $7 million lawsuit against the department. The Rochester Democrat and Chronicle reported that 24-year-old Brian Norford claims in the lawsuit that police used …
Insurance Journal Co-Sponsors MarshBerry Market & Financial Survey: Participate Now
How are firms attracting and keeping new talent? How are organizations using data to provide their clients with insights into their business? Will historical growth rates be sustainable? What functions with an agency are becoming increasingly specialized? These are some …
New York Targets Dry Cleaning Industry in Probe
New York state is launching an investigation into the working conditions of employees in the dry cleaning industry. Gov. Andrew Cuomo said the effort will include the study of chemicals commonly used by dry cleaners that pose a health risk …
Dublin Looks to Lure Financial Services Jobs from UK After Brexit Vote
Irish recruiters are already filling jobs for financial services firms which are shifting some operations from the United Kingdom, with Dublin moving fast to steal a march on rivals just a month after Britons voted to leave the European Union. …
Scientists Warn of Hazards from Kilauea Lava Inching toward Ocean
The lava flow from Kilauea’s Puu Oo in remains active and is now only about a half a mile away from the ocean The Hawaiian Volcano Observatory reported that the lava had been circulating and occasionally spattering at Halemaumau Crater. …
Containment on Massive California Wildfire Increases
Containment has increased on a wildfire north of Los Angeles, which has grown to more than 58 square miles. Officials report the blaze is 25 percent surrounded as of today, and most of the evacuation orders affecting 10,000 homes were lifted …
Insurer to Pay $55K to Settle Free Speech Case Over Arrest for Painting U.S. Flag
A man arrested for painting the letters “AIM” on an American flag that he flew upside-down at his house in protest has settled his free speech lawsuit against the township for more than $55,000. Supervisors in Allegheny Township, Blair County, …