Uncategorized

/Uncategorized
22 01, 2025

People Moves: Lawley Names 4 New Partners; Burns Heads XS Brokers New Cyber Unit

By | January 22nd, 2025|Uncategorized|Comments Off on People Moves: Lawley Names 4 New Partners; Burns Heads XS Brokers New Cyber Unit

Lawley, headquartered in Buffalo, New York, appointed four new partners. Michael Jantzi II has worked in the insurance and business development sectors since 2010. Prior to becoming a partner, he was an employee benefits consultant for over 10 years. Michael …

27 01, 2025

South Korea’s Preliminary Jeju Air Crash Report Focuses on Bird Strike

By | January 27th, 2025|Uncategorized|Comments Off on South Korea’s Preliminary Jeju Air Crash Report Focuses on Bird Strike

South Korea released a preliminary report into last month’s deadly Jeju Air Co. crash that offers more detail on the role of bird strikes in the disaster, while still leaving crucial questions unanswered. The report sheds additional light on the …

31 01, 2025

Uber Alleges Fraud Scheme by New York Groups Faking Car-Crash Injuries

By | January 31st, 2025|Uncategorized|Comments Off on Uber Alleges Fraud Scheme by New York Groups Faking Car-Crash Injuries

Ride-sharing giant Uber Technologies Inc. filed a racketeering lawsuit against a group of law firms, doctors and pain-management clinics it claims staged fake car accidents and performed unnecessary surgeries to take advantage of New York’s lucrative no-fault insurance policies. Since …

5 02, 2025

Global Commercial Insurance Rates Down, Marking 2nd Consecutive Quarterly Drop

By | February 5th, 2025|Uncategorized|Comments Off on Global Commercial Insurance Rates Down, Marking 2nd Consecutive Quarterly Drop

Global commercial insurance rates fell 2% in the fourth quarter of 2024 following a 1% decline in Q3 2024 – marking the second consecutive quarterly decrease following seven years of rising rates, according to the Global Insurance Market Index published …

6 02, 2025

Uber Avoids Liability for Driver’s Assault on Passenger

By | February 6th, 2025|Uncategorized|Comments Off on Uber Avoids Liability for Driver’s Assault on Passenger

Uber Technologies “is not an insurer” and so when one of its drivers assaults a rider, the ride-hailing company is “not automatically liable,” a federal judge in Philadelphia wrote in dismissing claims against Uber brought by a passenger who was …

11 02, 2025

Second Sinkhole Closes Lanes on New Jersey Highway

By | February 11th, 2025|Uncategorized|Comments Off on Second Sinkhole Closes Lanes on New Jersey Highway

A section of a major New Jersey highway has been closed due to a sinkhole for the second time in less than two months. Crews are working to repair a sinkhole on the Eastbound side of Interstate 80 in Wharton. …

13 02, 2025

FEMA to Borrow $2B to Pay Flood Claims After Hurricanes Helene and Milton

By | February 13th, 2025|Uncategorized|Comments Off on FEMA to Borrow $2B to Pay Flood Claims After Hurricanes Helene and Milton

The Federal Emergency Management Agency said it needs to borrow $2 billion from the U.S. Treasury to cover claims from National Flood Insurance Program policyholders. FEMA, administrator of NFIP, said it expects to pay out more than $10 billion in …

14 02, 2025

Which Companies Are Pulling Back on Diversity Initiatives?

By | February 14th, 2025|Uncategorized|Comments Off on Which Companies Are Pulling Back on Diversity Initiatives?

A growing number of prominent companies have scaled back or set aside the diversity, equity and inclusion initiatives that much of corporate America endorsed following the protests that accompanied the Minneapolis police killing of George Floyd, a Black man, in …

14 02, 2025

Peopele Moves: iink Names Fleszar as CEO

By | February 14th, 2025|Uncategorized|Comments Off on Peopele Moves: iink Names Fleszar as CEO

iink, a provider of technology to streamline the property damage insurance claims process and support faster payments to contractors, property owners, and claim professionals, is pleased to announce the appointment of Scott Fleszar as its new Chief Executive Officer. Mr. …

22 01, 2025

Treasury’s FIO Releases ‘Flawed’ Homeowners Insurance Report, Industry Says

By | January 22nd, 2025|Uncategorized|Comments Off on Treasury’s FIO Releases ‘Flawed’ Homeowners Insurance Report, Industry Says

The U.S. Treasury’s Federal Insurance Office last week released what it called the “most comprehensive data on homeowners insurance in history.” Weeks after a U.S. Senate committee released a study and held a hearing on the affect of climate change …