USI Insurance Services has sued three former producers, who “reneged on their contractual obligations” in a move to competitor Howden US, the brokerage alleged. According to a lawsuit filed earlier this month in U.S. District Court for the Eastern District …
Insurance Journal’s Risky Future series is hosting the “AI Tools for BPO & Consulting” Demo Day, a series of free AI tool demonstrations designed exclusively for Carriers, MGAs, Retail Agencies and Operations Executives. This event spotlights AI solutions that focus …
Scientists have recorded the highest temperature ever measured in the world’s oceans, as climate change combines with a powerful El Niño in the tropical Pacific.The global average sea-surface temperature hit a record 21.1C (70F) on Aug. 22, according to Europe’s …
A new study suggests that some drivers feel speeding is okay despite the risks, according to the AAA Foundation for Traffic Safety (AAAFTS). While most drivers agreed that posted speed limits are appropriate, many also considered driving 10 mph over …
Clear Group Acquires UK Wholesale Broker, C.R. Toogood & Co. The Clear Group, the London-based insurance intermediary, announced the acquisition of C.R. Toogood & Co. Ltd., a commercial insurance broker based in East Horsley, Surrey, UK. Financial details of the …
A Texas court on Friday slashed a $50 million judgment that conspiracy theorist Alex Jones was ordered to pay families of the 2012 Sandy Hook Elementary School massacre over his false claims that one of the deadliest mass shootings in …
The U.S. Department of Labor has cited a Wisconsin-based food products manufacturer after two incidents involving industrial kettles releasing hot steam and liquid, causing three worker deaths and two serious injuries. Investigators with the department’s Occupational Safety and Health Administration …
Minnesota health officials are warning consumers not to eat certain brands of alfalfa sprouts that have been tied to an unusual outbreak involving different disease-causing bacteria. Officials say 23 people in Minnesota have become ill with either E. coli or …
The Texas Department of Insurance (TDI) announced Michelle Kranes as deputy commissioner of the Strategy and Performance Division on August 17. Kranes will oversee the division that supports TDI’s strategic planning, performance and risk management, and process improvement through technology, …
AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a+” (Excellent) from “a” (Excellent) and affirmed the Financial Strength Rating (FSR) of A (Excellent) of Kinsale Insurance Company (Kinsale) based in Little Rock, Arkansas. The outlook of …