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28 06, 2022

DeSantis Appoints 3 Insurance Defense Attorneys as Workers’ Comp Judges

By | June 28th, 2022|Uncategorized|Comments Off on DeSantis Appoints 3 Insurance Defense Attorneys as Workers’ Comp Judges

Florida Gov. Ron DeSantis has appointed three insurance defense attorneys to the state’s workers’ compensation bench. Jill Jacobs has worked as deputy city attorney for Palm Beach for the last seven years, handling many workers’ compensation claims from city workers. …

24 06, 2022

Gallagher Acquires Ireland’s INNOVU Group

By | June 24th, 2022|Uncategorized|Comments Off on Gallagher Acquires Ireland’s INNOVU Group

U.S. based global insurance broker Arthur J. Gallagher & Co. reports it has purchased Wexford, Ireland-based INNOVU Group Holding Co. Terms of the transaction were not disclosed. Founded by Ronan Foley in 2018, INNOVU Insurance is a retail insurance broker …

24 06, 2022

Insurers Among Investors as Canada’s Brookfield Raises $15B for Climate Fund

By | June 24th, 2022|Uncategorized|Comments Off on Insurers Among Investors as Canada’s Brookfield Raises $15B for Climate Fund

Canada’s Brookfield Asset Management said on Wednesday it had raised $15 billion for its first impact fund focused on the global transition to a net-zero carbon economy. The fundraise comes at a time when investors and lawmakers across the globe …

24 06, 2022

‘Weston’s Law’ Elevator Upgrade to NC Cottages Close to Approval

By | June 24th, 2022|Uncategorized|Comments Off on ‘Weston’s Law’ Elevator Upgrade to NC Cottages Close to Approval

A safety mandate to reduce or eliminate space between elevator doors and landing doors inside North Carolina vacation cottages and other short-term rentals needs one more affirmative vote to receive final General Assembly approval. The requirement is contained in the …

24 06, 2022

Parliament Cautions Regulators: UK Finance, Insurance Yet to Feel Full Brexit Impact

By | June 24th, 2022|Uncategorized|Comments Off on Parliament Cautions Regulators: UK Finance, Insurance Yet to Feel Full Brexit Impact

Britain should avoid hasty reforms to make its financial sector more globally competitive after the industry’s separation from the European Union by Brexit, a parliamentary report said on Thursday. The finance ministry has proposed scores of changes to rules governing …

24 06, 2022

Jury Awards $595K in Washington Salmon Pen Collapse

By | June 24th, 2022|Uncategorized|Comments Off on Jury Awards $595K in Washington Salmon Pen Collapse

A Washington state jury on awarded the Lummi Indian tribe $595,000 over the 2017 collapse of a net pen where Atlantic salmon were being raised – an event that elicited fears of damage to wild salmon runs and prompted the …

24 06, 2022

Nursing Home Owner Whose Residents Suffered in Ida in Trouble

By | June 24th, 2022|Uncategorized|Comments Off on Nursing Home Owner Whose Residents Suffered in Ida in Trouble

The owner of seven Louisiana nursing homes who sent more than 800 of his elderly residents to a crowded, ill-equipped warehouse to ride out Hurricane Ida last year was arrested Wednesday on fraud and cruelty charges arising from the squalid …

24 06, 2022

Crews Find Body of Worker Under Collapsed Iowa Grain Silo

By | June 24th, 2022|Uncategorized|Comments Off on Crews Find Body of Worker Under Collapsed Iowa Grain Silo

Crews recovered the body of a man who was buried under piles of grain and debris from a collapsed grain silo in southeastern Iowa on Wednesday. The collapse happened just before 8 a.m. Tuesday at a grain elevator at Yarmouth, …

24 06, 2022

Florida HO Premiums Highest in Nation at $4,200 Average, Triple I Report Shows

By | June 24th, 2022|Uncategorized|Comments Off on Florida HO Premiums Highest in Nation at $4,200 Average, Triple I Report Shows

A report from the Insurance Information Institute confirms what many Florida homeowners have suspected: Their insurance premiums are some of the highest in the nation. The annual cost of a Florida homeowners policy this year will jump to $4,231 – …

24 06, 2022

Emerging Risks: Quantum Computing, Lower Construction Quality, Legal Tech etc.

By | June 24th, 2022|Uncategorized|Comments Off on Emerging Risks: Quantum Computing, Lower Construction Quality, Legal Tech etc.

The global community continues to deal with known challenges such as the pandemic, the war in Ukraine, economic turmoil and failing trust in established social institutions. But a report from Swiss Re reminds re/insurers that there are new emerging risks …