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13 07, 2023

People Moves: Powers Hires Favazza as Commercial Lines Risk Management Advisor; Ryan Specialty Appoints D’Onofrio CEO and Alvin CUO

By | July 13th, 2023|Uncategorized|Comments Off on People Moves: Powers Hires Favazza as Commercial Lines Risk Management Advisor; Ryan Specialty Appoints D’Onofrio CEO and Alvin CUO

Powers Insurance & Risk Management Hires Favazza as Commercial Lines Risk Management Advisor Powers Insurance & Risk Management, headquartered in St. Louis, Mo., hired Giovanni “Johnny” Favazza as commercial lines risk management advisor. Prior to joining Powers, he worked as …

12 07, 2023

California Insurance Commissioner Issues Workers’ Comp Pure Premium Rate Filing Decision

By | July 12th, 2023|Uncategorized|Comments Off on California Insurance Commissioner Issues Workers’ Comp Pure Premium Rate Filing Decision

California Insurance Commissioner Ricardo Lara issued a decision regarding the workers’ compensation insurance pure premium rate filing that average $1.46 per $100 of payroll, 2.6% below the average of the approved September 1, 2022 advisory pure premium rates. The Workers’ …

13 07, 2023

People Moves: Incline P&C Group Hires Gorney as COO

By | July 13th, 2023|Uncategorized|Comments Off on People Moves: Incline P&C Group Hires Gorney as COO

Incline P&C Group Hires Gorney as COO Incline P&C Group, headquartered in Austin, Texas, appointed George Gorney as chief operating officer. Gorney joins Incline from U.S. Risk Insurance Group, where he previously held the role of chief information officer and …

12 07, 2023

Delos to Insurers Shedding Wildfire Risk: Send the Homes to Us

By | July 12th, 2023|Uncategorized|Comments Off on Delos to Insurers Shedding Wildfire Risk: Send the Homes to Us

About 6 million homes in the U.S. are considered uninsurable due to wildfire risk. The models at Delos Insurance say about half of those homes are absolutely insurable. “Delos sees a lot more insurable homes in California than other insurance …

13 07, 2023

Bill to Make Big Companies in California Disclose Emissions Worth Watching in All States

By | July 13th, 2023|Uncategorized|Comments Off on Bill to Make Big Companies in California Disclose Emissions Worth Watching in All States

A bill to make large companies in California disclose their emissions is worth a watch in all states. The moving through California Legislature – it passed the Assembly Natural Resources Committee this week – could set a stage in other …

12 07, 2023

Wisconsin Wildfire Consumes Nearly 1,000 aAcres, Forces Evacuations

By | July 12th, 2023|Uncategorized|Comments Off on Wisconsin Wildfire Consumes Nearly 1,000 aAcres, Forces Evacuations

MADISON, Wis. (AP) __ A wildfire in central Wisconsin has consumed almost 1000 acres (405 hectares) and forced evacuations of scores of properties. State Department of Natural Resources officials said at a news conference Tuesday that the fire began Monday …

14 07, 2023

Forecasters Warn of ‘Life Threatening` Flash Flooding in Parts of Arkansas and Louisiana

By | July 14th, 2023|Uncategorized|Comments Off on Forecasters Warn of ‘Life Threatening` Flash Flooding in Parts of Arkansas and Louisiana

EMERSON, Ark. (AP) – Forecasters warned Wednesday of possible life threatening flash flooding in parts of southern Arkansas and northern Louisiana as heavy rain battered the region. The National Weather Service urged residents in four towns in Arkansas` Columbia County …

12 07, 2023

Report: Top Emerging Liability Trends in the Professional Services Sector

By | July 12th, 2023|Uncategorized|Comments Off on Report: Top Emerging Liability Trends in the Professional Services Sector

Inflation, new technology, evolving legislation and hackers for hire are just a few of the exposures facing professional services firms including management consultants, auditors, accountants, architects, engineers, solicitors and lawyers and media executives. A new report by Allianz Global Corporate …

12 07, 2023

Chinese Hackers Accessed Government Emails, Microsoft Says

By | July 12th, 2023|Uncategorized|Comments Off on Chinese Hackers Accessed Government Emails, Microsoft Says

Chinese state-linked hackers have secretly accessed email accounts at around 25 organizations including government agencies in a sweeping cyberespionage campaign, Microsoft said on Wednesday. In an interview with ABC television, White House national security adviser Jake Sullivan said the United …

12 07, 2023

No Liability Coverage Owed for Investor Losses Caused by Blue Bell’s Listeria Outbreak

By | July 12th, 2023|Uncategorized|Comments Off on No Liability Coverage Owed for Investor Losses Caused by Blue Bell’s Listeria Outbreak

A 2015 Listeria outbreak linked to ice cream sold by Blue Bell Creameries hospitalized 10 people and killed three. While those injuries and deaths were certainly “bodily injuries,” a lawsuit filed by investors against Blue Bell’s board of directors for …