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Now Available: Insurance Journal’s Focus on Florida Special Edition

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 …

People Moves: Peak Capital’s Manning to Miller; Carpenter’s Jones to Lockton Re, and Aon’s Mula to McGill and Partners

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 …

Connecticut Officer Resigns and Receives Payout After Fatal Traffic Stop

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 …

Maryland Newspaper Gunman Weighed ‘Timothy McVeigh-Style’ Attack

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 …

Drought Conditions Declared for 6 South Carolina Counties

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 …

Alabama City, Police Officer Seek Delay in Wrongful Death Lawsuit

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 …

Proposed Bill Allowing Rider for Pandemic BI Coverage Moves Forward in New Jersey

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. …

We Can Work It Out: Negotiations Likely on COVID-19 Reinsurance Losses

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, …

FBI Chief Wray Warns Cyber-Attacked Firms Not to Pay Ransoms

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 …

May’s Global Disasters Include Hailstorms, Floods, Cyclones, Quakes, Volcanic Eruption

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 …

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