2 months 3 weeks ago
Berkshire Hathaway Specialty Insurance (BHSI) announced the introduction of miscellaneous Professional Indemnity and Public Offering of Securities Insurance in Italy. These new policies follow the launch of BHSI’s proprietary Directors & Officers Liability Insurance in December of 2024. “Launching our …
2 months 3 weeks ago
As nasty tornadoes popped up from Kansas to Kentucky, a depleted National Weather Service was in scramble mode. The agency’s office in Jackson, Kentucky, had begun closing nightly as deep cuts by Elon Musk’s Department of Government Efficiency began hitting. …
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2 months 3 weeks ago
While some insurance companies in Florida and beyond have balked at writing properties with rooftop solar panels, FM Global says it has pioneered an idea that may help – a testing system that certifies panels for fire and hail resistance. …
William Rabb
2 months 3 weeks ago
Connecticut lawmakers last week moved swiftly to plug what could have been a very costly loophole in workers’ compensation benefits that was created by a state Supreme Court decision in March. The lawmakers effectively invalidated the high court ruling that …
Andrew G. Simpson
2 months 3 weeks ago
Mark Whaling and a crew raced up and down a hill in a tanker truck as they battled a wildfire in Los Angeles County, scrambling to get water from a street hydrant in time to stay ahead of flames moving …
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2 months 3 weeks ago
New Hampshire has agreed to pay $2.25 million to the mother of Harmony Montgomery, a 5-year-old girl whose father was convicted of murdering her. Crystal Sorey filed a negligence lawsuit against the state last May accusing social workers of ignoring …
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2 months 3 weeks ago
Rhode Island’s top legal chief announced last week that a Massachusetts construction company has agreed to pay $11 million to settle criminal charges that it illegally dumped thousands of tons of contaminated fill in the Ocean State’s capital city during …
2 months 3 weeks ago
An explosion on a boat carrying raw sewage that was docked on the Hudson River in New York City killed a longtime city employee Saturday, authorities said. Another worker on the city-owned Hunts Point vessel was injured and taken to …
2 months 3 weeks ago
Australia has drafted in emergency service teams from across the nation to help with clean-up operations after devastating floods in the eastern state of New South Wales. Almost 200 additional personnel will take up specialist roles including water rescue, and …
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2 months 4 weeks ago
California is joining an 11-state coalition to advance clean vehicles in response to a vote by the U.S. Senate to revoke California’s authority to set its own clean air standards. The Affordable Clean Cars Coalition was formed to push the …
2 months 4 weeks ago
An insurance brokerage executive in California will plead guilty to breaking federal campaign laws by making contributions illegally to a joint fundraising committee, according to the U.S. Department of Justice’s Central District of California office. The DOJ charged Teena Maria …
2 months 4 weeks ago
Starwind Specialty Insurance Services named Graham Jenks the president of JH Blades Group, which encompasses JH Blades Energy, JH Blades Marine, Southern Marine and Energy Technical Underwriters (ETU). JH Blades is a specialty platform of Starwind Specialty Insurance Services, a …
2 months 4 weeks ago
The shareholders of the Swiss insurers Helvetia Holding Ltd. and Baloise Holding Ltd. approved the merger to form Helvetia Baloise Holding Ltd., at their respective extraordinary general meetings. Upon the closing of the merger, Helvetia Baloise will become the second-largest …
2 months 4 weeks ago
The deadline to submit for Insurance Journal’s Top 100 Agencies and Top Agency Partnerships ranking is approaching! We hope that you will consider entering your firm for Insurance Journal’s 2025 Top 100 independent property/casualty insurance agency rankings and Top Agency …
2 months 4 weeks ago
Private capital firms grappling with a moribund dealmaking climate are increasingly turning to a niche securitized product to raise cash. Collateralized fund obligations, or CFOs, slice and dice private portfolios into bonds, many with top ratings, allowing their issuers to …
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2 months 4 weeks ago
Owners of dangerous dogs in Florida will soon have to secure at least $100,000 in liability insurance coverage after the governor signed House Bill 593 into law this week. Also known as the Pam Rock Act after a mail carrier …
2 months 4 weeks ago
Mercedes-Benz announced Thursday that it plans establish its North American headquarters in metro Atlanta, where the automaker will expand its existing U.S. corporate hub by adding hundreds of jobs relocated from other cities. The change will add about 500 jobs …
2 months 4 weeks ago
A man has been charged with providing alcohol to the 20-year-old who fell from the outfield stands at a Pittsburgh Pirates game on April 30. Ethan Kirkwood, 21, of McKeesport, Pennsylvania, was arrested Tuesday on misdemeanor charges of furnishing alcohol …
2 months 4 weeks ago
The company that operated a Georgia chlorine plant with a history of explosions, chemical fires and toxic clouds that have drifted over neighborhoods outside Atlanta has decided not to rebuild the main manufacturing facility in Conyers. In a statement, BioLab …
2 months 4 weeks ago
Global insurer American International Group (AIG) has reached an out of court settlement of its legal dispute with the excess and surplus insurance firm Dellwood that was started by former AIG executives. In a filing in federal district court in …