Monthly Archives: <span>June 2022</span>

Hill Group Acquires Indiana’s Howe-LaGrange and Reick Agencies

The Hilb Group announced that it has acquired Indiana-based Howe-LaGrange Insurance Agency and Reick Insurance Agency, expanding the company’s growing presence throughout Indiana and the Midwest. Based in LaGrange, Indiana, Howe-LaGrange and Reick Agencies have served the area for nearly …

Getting the Measure of Inflation for the (Re)insurance Industry

This content was recently published in the Blogs section of RMS’ website. It is republished here with permission. Since the early days of the COVID-19 pandemic, inflationary trends have captured news headlines around the world. Starting with the pandemic, by …

FBI Opens Widening Investigation of Clergy Sex Abuse in New Orleans

The FBI has opened a widening investigation into sex abuse in the Roman Catholic Church in New Orleans going back decades, a rare federal foray into such cases looking specifically at whether priests took children across state lines to molest …

Northern California Wildfire Threatens 500 Buildings

A wildfire that erupted in Northern California forced evacuations as it threatened about 500 homes and other buildings, authorities said. The Rices Fire erupted at around 2 p.m. near the Yuba River in Nevada County and had spread to more …

Whole Foods Workers Lose Appeal Over ‘Black Lives Matter’ Masks

A U.S. appeals court said Whole Foods employees cannot sue the upscale grocery chain or its parent Amazon.com Inc. after being sent home without pay or disciplined for wearing Black Lives Matter face masks on the job. In a 3-0 …

Rochester Diocese, Insurers Plan for January Hearing on $147M Sexual Abuse Settlement

Insurers and the Roman Catholic Diocese of Rochester have agreed on a schedule for discovery and a bankruptcy court trial regarding a proposed $147 million settlement to cover sex abuse claims against the church. The proposed settlement was reached after …

Markets/Coverages: Aon Incorporates Climate Science Into European Flood Models

Insurance broker Aon has incorporate the latest climate science into its Impact Forecasting’s European flood models to help enable insurers to access more accurate loss estimates to help make better decisions for underwriting, reinsurance and regulatory requirements. The models are …

China Digital Campaign Used Social Media to Target Mining Firms: Report

A pro-China propaganda campaign used fake social media accounts to try to stir up opposition, including protests, against mining firms that challenge China’s business interests, U.S.-based cyber-security firm Mandiant said on Tuesday. While politically motivated disinformation campaigns on social media …

ReSource Pro Acquires Commercial Lines Technology Platform towerIQ

Insurance business services firm ReSource Pro reports it has completed its acquisition of towerIQ, a property/casualty insurance focused technology platform designed to streamline workflows and capture market data. ReSource Pro said the addition of the insurtech will allow its clients …

New York Moves to Bolster Concealed-Carry Gun Laws

New York’s getting ready to go around a recent U.S. Supreme Court decision by making schools and subways no-gun zones and by making it more difficult to obtain a permit to carry a firearm. Across the country, Democrats in California …