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5 08, 2022

Omaha, Nebraska to Host Insurtech on the Silicon Prairie in October

By | August 5th, 2022|Uncategorized|Comments Off on Omaha, Nebraska to Host Insurtech on the Silicon Prairie in October

Nebraska Department of Insurance Director Eric Dunning announced that the Insurtech on the Silicon Prairie conference is back in-person and will be held on October 24 and 25. Omaha’s Holland Performing Arts Center will be the event venue. The night …

2 08, 2022

Viewpoint: Jury Blasts Defense with a $464.5 Million Nuclear Verdict

By | August 2nd, 2022|Uncategorized|Comments Off on Viewpoint: Jury Blasts Defense with a $464.5 Million Nuclear Verdict

Plaintiffs’ California dreamin’ became a reality when a Los Angeles jury went nuclear with a verdict of $464.6 million after an eight-week trial in June. The verdict included $24.6 million in compensatory damages and a staggering $440 million in punitive …

5 08, 2022

Bus in California Went off Highway, Injuring 24

By | August 5th, 2022|Uncategorized|Comments Off on Bus in California Went off Highway, Injuring 24

A bus traveling from Los Angeles to Fresno crashed after it went off a highway, broke through a chain link fence and came to a rest on its side in a parking lot, injuring 24 people, authorities said. The driver …

2 08, 2022

England Records Driest July Since 1935 Amid Searing Heat Wave

By | August 2nd, 2022|Uncategorized|Comments Off on England Records Driest July Since 1935 Amid Searing Heat Wave

England had the driest July since 1935 amid a searing heat wave that pushed infrastructure to the brink and severely disrupted travel. The unusually dry weather came as temperatures rose above 40 degrees Celsius (104 Fahrenheit) for the first time. …

2 08, 2022

Jensten Group Acquires UK MGA Origin UW

By | August 2nd, 2022|Uncategorized|Comments Off on Jensten Group Acquires UK MGA Origin UW

The Jensten Group, the London-based independent insurance broking group, has completed the acquisition of Origin UW Ltd., following regulatory approval. Origin UW is a boutique managing general agent that provides commercial insurance solutions for SME businesses and professionals. Origin specializes …

2 08, 2022

Howden’s Aston Lark Ireland Acquires Sparrow Insurances

By | August 2nd, 2022|Uncategorized|Comments Off on Howden’s Aston Lark Ireland Acquires Sparrow Insurances

Aston Lark Ireland, the insurance broker that recently became part of Howden Broking Group, announced the acquisition of Sparrow Insurances Ltd. Financial details of the transaction were not disclosed. Sparrow Insurances has a history of success and growth across Leinster …

3 08, 2022

Truck Driver Reaches Agreement in Maine Fatal Accident Caused by Dislodged Tire

By | August 3rd, 2022|Uncategorized|Comments Off on Truck Driver Reaches Agreement in Maine Fatal Accident Caused by Dislodged Tire

A truck driver is expected to accept responsibility for causing the death of a state police detective who was struck by a dislodged tire as he was assisting a driver alongside Interstate 95. Scott Willett, 55, of Patten, reached a …

2 08, 2022

Floods, Storms Drive Global Insured Catastrophe Losses of US$38B in H1 2022: Swiss Re

By | August 2nd, 2022|Uncategorized|Comments Off on Floods, Storms Drive Global Insured Catastrophe Losses of US$38B in H1 2022: Swiss Re

A series of winter storms in Europe, record floods in Australia and South Africa as well as a high number of thunderstorms in the U.S. and Europe resulted in US$35 billion of insured losses from natural catastrophes in the first …

3 08, 2022

West Virginia Cities, Counties Reach $400M Settlement with Drug Firms

By | August 3rd, 2022|Uncategorized|Comments Off on West Virginia Cities, Counties Reach $400M Settlement with Drug Firms

West Virginia cities and counties reached a $400 million tentative settlement with three major U.S. drug distributors, lawyers announced Monday. In a lawsuit in state court, the cities and counties accused the distributors of fueling the opioid epidemic. The companies …

2 08, 2022

Markets/Coverages: Sayata Adds CFC to Platform; Cowbell Cyber Partners With Amwins

By | August 2nd, 2022|Uncategorized|Comments Off on Markets/Coverages: Sayata Adds CFC to Platform; Cowbell Cyber Partners With Amwins

Boston-based Sayata said it has added CFC to the Sayata platform, offering brokers full access to CFC’s award-winning cyber insurance offering for small and medium businesses (SMBs). CFC’s cyber insurance solution offers proactive threat intelligence to help customers identify and …