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3 06, 2021

World’s Largest Insurers Fail to Address Climate Change, Biodiversity Loss

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Most of the world’s largest insurers are failing to adequately address systemic risks such as climate change and biodiversity loss, but U.S. insurers rank the lowest, according to report published by nonprofit ShareAction. ShareAction gives the lowest mark – an …

3 06, 2021

Credit Ratings Assigned to Ohio’s Westfield Specialty Insurance

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AM Best has assigned a Financial Strength Rating (FSR) of A (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a+” (Excellent) to Westfield Specialty Insurance Co. (Westfield Specialty), a newly added member of Westfield Group (Westfield). All members …

3 06, 2021

LSU Sex Misconduct Scandal Prompts New Rules for Campuses

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Louisiana lawmakers unanimously voted to toughen the rules for how colleges must respond to allegations of sexual assault, harassment and other misconduct. But the House and Senate have to agree on a final approach before a bill can reach the …

3 06, 2021

Former Make-A-Wish Iowa CEO Pleads Guilty to Embezzlement

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The former CEO of Make-A-Wish Iowa has pleaded guilty to charges of embezzling tens of thousands of dollars from the charity that supports sick children and their families. Jennifer Woodley admitted in a written guilty plea last week that she …

3 06, 2021

$6.5M Award for Man Badly Hurt by Missouri Police Taser Upheld

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A former Independence, Missouri, police officer was not protected by qualified immunity after he seriously injured a teenager with a Taser and by dropping him face down on the pavement, a federal appeals court has ruled. The 8th U.S. Circuit …

3 06, 2021

Federal Disaster Declaration Approved for Louisiana

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President Joe Biden has approved a major disaster declaration for Louisiana following the severe storms, tornadoes and flooding that hit the state May 17-21, 2021, As a result, federal disaster assistance has been made available to supplement state and local …

3 06, 2021

People Moves: Hippo Adds Executives from Chubb, AIG, Tower Hill, Weston; Hub Names Rutt to Lead Cannabis

By | June 3rd, 2021|Uncategorized|Comments Off on People Moves: Hippo Adds Executives from Chubb, AIG, Tower Hill, Weston; Hub Names Rutt to Lead Cannabis

Hippo Names Executives Bienek, Primerano, Stienstra, Donahue Home insurer Hippo announced four executive appointments to its insurance team as it prepares to go public. Tim Bienek, Hippo’s chief insurance strategy officer, leads the development and execution of major insurance growth …

3 06, 2021

‘We Cannot Postpone Again,’ Says Tokyo Games Boss

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TOKYO – The head of Japan’s Olympics organizing committee ruled out on Thursday another suspension of the Games, despite deep disquiet at the prospect of thousands of athletes and officials arriving during a fourth wave of COVID-19 infections. Already postponed …

3 06, 2021

Insurance Journal’s Agency Partnership News Wrap-Up

By | June 3rd, 2021|Uncategorized|Comments Off on Insurance Journal’s Agency Partnership News Wrap-Up

BKCW in Texas Joins Insurors Group Insurors Group LLC, an alliance of independent insurance agents in Texas, has added BKCW LP, located in Killeen, as a member. BKCW has served clients in Texas for more than 65 years. The Insurors …

3 06, 2021

Kin Insurance Funding Tops $69 Million as Pro Golfer McIlroy Joins Investors

By | June 3rd, 2021|Uncategorized|Comments Off on Kin Insurance Funding Tops $69 Million as Pro Golfer McIlroy Joins Investors

A few weeks after a report that it is in talks to go public, home insurance startup Kin announced its newest funding from Symphony Ventures, an investment partnership established by professional golfer Rory McIlroy and his team. Joining Symphony Ventures …