Monthly Archives: <span>March 2024</span>

Acrisure Creates New England Region With Plunkett as Managing Partner

Acrisure announced the formation of its New England region, encompassing its businesses in Connecticut, Massachusetts, Maine, New Hampshire, Rhode Island and Vermont. Acrisure’s New England presence includes 27 office locations, with nearly 400 employees serving more than 57,000 customers. The …

Full Program & Attendee Snapshot – FOIUSA 2024

London UK, March 27th — 2024 is set to be another tough year for insurance executives. Costs are spiraling, competition is fierce, and historical trends are out the window. The pressure to keep pace with evolving macroeconomic trends and unsettled …

Fires From 2023, Smoldering Under Snow, Reveal Canada’s Dangerous New Reality

As skiers glide down the slopes of British Columbia’s Whistler Mountain and ice fishers drop their lines into frozen lakes in Alberta, dozens of the fires whose smoke darkened North America’s skies last year are still burning — with some …

UK Stands to Lose 8 Million Jobs From AI, Analysis Warns

As many as 8 million UK workers are at risk of losing their jobs to artificial intelligence with current government policy, the Institute for Public Policy Research warned. AI already impacts 11% of tasks done by UK staff, a figure …

Titanic Law Helps Ship Owner Limit Bridge Collapse Liability

The owner of the ship that rammed into a Baltimore bridge could face hundreds of millions of dollars in damage claims after the accident sent vehicles plunging into the water and threw the eastern US transportation network into chaos. But …

SEC Ramps Up Massive-Hack Probe With Focus on Tech, Telecom Companies

The US Securities and Exchange Commission is asking tech and telecom companies how they handled the sprawling 2020 SolarWinds cyberattack, and drawing fire from the cybersecurity industry and big business for what they call overreach. The SEC, which sought the …

Viewpoint: Is IRS Abusing its Authority in Micro-Captives Investigations?

Editor’s note: Captive insurance programs have blossomed in a number of Southern states in recent years, including Tennessee and North Carolina. But new questions have been raised about whether some micro-captives are used as tax shelters, and about the IRS …

Update: NC High Court Strikes Down Compensability of Weight-Loss Surgery

The North Carolina Supreme Court has undone rulings by an appeals court and the state’s Industrial Commission that had granted workers’ compensation insurance payments for a woman’s weight-loss surgery. And in doing that, the high court formally adopted a multi-factor …

Participate in the Annual Young Agents Opinion Survey: Last Call

Are you a young insurance agent, 40 years old or younger? Do you know a young insurance agent? Insurance Journal is searching for young insurance agents to participate in this year’s Young Insurance Agents Opinion Survey. Tell us what you …

Six Presumed Dead After Bridge Collapse, as Port Disruptions Hit Cars to Coal

The 1.6 mile-long bridge collapsed in a matter of seconds. The catastrophic consequences are set to stretch out for weeks. As much as 2.5 million tons of coal, hundreds of cars made by Ford Motor Co., and General Motors Co., …