June 11, 2021
Check out Insurance Journal’s recent special edition on Florida including a special report on new legislation to help Floridians who are battling the state’s property insurance crisis. This legislation aims to solve some of the issues plaguing Florida’s homeowners insurance …
June 11, 2021
This wrap-up of international People Moves details recent appointments at three brokers: Miller, Lockton Re and McGill and Partners. A summary of these new hires follows here. Miller, a London-based independent specialist re/insurance broker, announced the appointment of Erik Manning …
June 11, 2021
A former Connecticut police officer, who shot and killed an 18-year-old motorist during a traffic stop, received a $100,000 payout from Wethersfield’s municipal insurer when he resigned from the department, according to documents obtained by the Hartford Courant through a …
June 11, 2021
The man who killed five people at a Maryland newspaper told a state psychiatrist he wanted to destroy a building “Timothy McVeigh-style” and that there was “no defense” for the crimes he committed in the shooting, attorneys said Wednesday during …
June 11, 2021
A dry spring has led a committee to declare that six counties in northeast South Carolina are in the first level of drought. The South Carolina Drought Response Committee voted Wednesday to place Clarendon, Florence, Georgetown, Horry, Marion and Williamsburg …
June 11, 2021
The city of Huntsville is again siding with a police officer convicted of murder and asking a federal court to delay action on a wrongful death lawsuit filed by relatives of the victim. The city and officer William Darby, who …
June 11, 2021
A New Jersey bill that would allow business interruption insurers in the state to add a rider for virus and pandemic coverage is moving forward, with some in the industry saying it could encourage more insurers to provide this coverage. …
June 11, 2021
Catastrophe excess of loss reinsurance contracts “never anticipated an event like a pandemic,” but cedents can still expect compromises from their reinsurers, an industry executive said Thursday. While cedents and reinsurers may often disagree about how the reinsurance contracts apply, …
June 11, 2021
Companies and organizations that are victims of ransomware attacks shouldn’t pay hackers to unlock their data and should quickly contact law enforcement, which opens up the possibility of creative solutions, FBI Director Christopher Wray said. “It is our policy, it …
June 11, 2021
U.S. insurers face a multi-billion-dollar payout from May’s convective storms, which spawned extensive hail, tornado, wind and flood damage across a series of separate events during the month, according to broker Aon plc in the latest edition of its monthly …