A federal appeals court on Thursday rejected New York City’s effort to hold five major oil companies liable to help pay the costs of addressing harm caused by global warming. Ruling in favor of BP Plc, Chevron Corp., ConocoPhillips, Exxon …
Credit Suisse told investors the debt in its $7.3 billion finance fund was low risk because it was insured but the bank failed to ensure the policies would pay out, two sources told Reuters. When Japan’s Tokio Marine, the company …
Hotchkiss Insurance Hotchkiss Insurance, a full-service Texas-based independent agency, has named Shannon McPartland as its newest partner. A member of the Houston team, McPartland joined the agency in an account management capacity and transitioned to focus on sales in 2012. …
Three insurance relationship tales from today’s newswire. Woman Sues Insurtech Over Broken Heart Thrice-divorced Natalie Galumpkin says she knows a bad experience when she has one and her experience buying home insurance through the HipHome app was one of the …
International reinsurance renewals completed for April 1 followed trends set earlier in the season, as market pricing remained firm in virtually all classes and territories. Capacity was adequate across the board, and no substantive changes took place in negotiations over …
An updated report on workers’ compensation claims in Texas related to COVID-19 shows that as of Feb, 14, 2021, insurance carriers reported more than 44,000 COVID-19 claims and 200 fatalities to the state’s workers’ compensation division. The report, COVID-19 in …
Oakbridge Insurance Adds Moench as Chief Sales Officer Oakbridge Insurance Agency LLC in Atlanta has added Cynthia Moench as chief sales officer. Moench’s has more than 30 years of experience in the independent agency system, with a particular focus on …
Strong winds and drought conditions fueled a wildfire in western North Dakota, injuring a firefighter and some livestock and damaging utility infrastructure. Officials say the fire has burned about 1 square mile north of Richardton in Stark County. Richardton Fire …
A New Jersey bill that requires insurers issuing business interruption policies in the state provide policyholders with a summary of coverage for loss of use and occupancy of a commercial property has passed the state Senate and Assembly. It now …
Kentucky lawmakers voted to shield businesses and health care facilities from coronavirus-related lawsuits as they hurried to finish work Tuesday before ending this year’s session. Beshear’s office said the governor and his team would review the final version of each …