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Georgia Committee Chair Wants More Study on PTSD Workers’ Comp Bill

Supporters spoke passionately Wednesday about the need for workers’ compensation insurance to cover mental health treatment for first responders, but the chair of a Georgia House committee decided to send the bill to a council for further study. Sponsored by …

Crop Insurance Payouts Rise as Climate Change Worsens Droughts, Floods

Insurance payments to U.S. farmers for crops lost to droughts and flooding have risen more than threefold over the past 25 years, according to an analysis of federal data by the Environmental Working Group (EWG) released on Thursday. The report …

Los Angeles County Faces Lawsuits Over Deadly Fire Station Shooting

Los Angeles County faces two lawsuits connected to last year’s shootings at a fire station that killed a firefighter and wounded a captain in attack investigators said stemmed from a longstanding job-related dispute. Firefighter Jonathan Tatone killed colleague Tory Carlon …

Everest Re Group Signs UN Principles for Sustainable Insurance

Everest Re Group Ltd. announced it has become an official signatory of the UN Principles for Sustainable Insurance (PSI), a global framework for a sustainable insurance industry developed through partnership between risk management leaders and the United Nations Environment Programme …

Relation Acquires Former Nationwide Agency, Hodge Ethridge, in South Carolina

Relation Insurance Services has continued its rapid-expansion plan with the purchase of South Carolina-based Hodge Ethridge Insurance and Financial Services, the company announced. The terms of the deal were not disclosed. Hodge Ethridge was previously part of the Nationwide Mutual …

Evacuations Lifted for Wildfire on California Coast

Evacuation orders were lifted Wednesday as firefighters strengthened control lines and mopped up hot spots at a wildfire along California’s Big Sur coast, authorities said. Fire activity was minimal overnight, with higher humidity and light winds, Cal Fire said in …

First Light Dives in With Marine N-Surance Acquisition

Marine N-Surance Brokers, a wholesaler and managing general agency in Longwood, Florida, has been acquired by First Light Program Managers, the firms announced. Marine was founded in 2002 by Paul Greenaway and has specialized in wholesale marine liability, marine packages, …

Climate Risk Is Top London Market Challenge, IUA Survey Shows

The top challenge currently facing London market insurance companies is climate risk, a new survey by the International Underwriting Association (IUA) has revealed. In a survey of its members, the organization recorded 27% of respondents mentioning climate change and wider …

Update: Marsh McLennan Q4 Net Income Jumps 100%; 6,000 Employees Added in 2021; Cyber Still Growing

Fourth quarter 2021 net income at Marsh McLennan more than doubled compared to the same period in 2020, to $803 million. Full year net income increased about 56% to $3.1 billion from $2 billion for all of 2020. Net income …

People Moves: AEGIS London Names Powell CEO, as Croom-Johnson Retires; Corvus Hires Zurich’s Delvos as 1st Head of Int’l; HDI’s Jackson to Lead Aviation at Apollo

This edition of International People Moves details appointments at AEGIS London, Corvus Insurance and AEGIS London Names Powell as CEO, as Croom-Johnson Retires AEGIS London, the Lloyd’s syndicate and subsidiary of AEGIS (Associated Electric & Gas Insurance Services Ltd.), announced …

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