A magnitude 4.2 earthquake has hit central Alaska, the Alaska Earthquake Center has confirmed. According to the center, the earthquake struck at 11:32 p.m. on Tuesday and its epicenter was 39 miles north of the town of Talkeetna, which has …
An Ohio man has been sentenced to over two-and-a-half years in federal prison for defrauding a New Jersey company out of nearly $1 million. Authorities say 44-year-old John Tekulve owned a medical supply company that sold products to the Essex …
Professional Insurance Agents of New York Inc. has elected Fred Holender as president at an annual meeting of the association’s board of directors in Glenmont, N.Y. Holender is director of administration for Lawley Service Inc. in Buffalo, N.Y. As a …
MJ Insurance, headquartered in Indianapolis, Ind., has added Olivia A. Lahr and Amy Wells to the commercial insurance and risk management team as risk transfer specialists. Lahr and Wells will be responsible for developing client risk financing and transfer strategies. …
Digital small business insurance provider Next Insurance has unveiled a new online portal giving small businesses more control over their insurance policies. The portal offers what Next says are several unique insurance services, including the option to cancel a policy …
Paul James has been appointed to the role of president and chief executive officer of Insurance Recovery Group Inc. (IRG) by David A. Jollin, IRG’s chairman of the board. IRG is a national subrogation, second injury fund, COLA recovery and …
Borrowing ideas from some insurtech startups, Allianz Global Corporate & Specialty has a new platform for brokers and their Main Street customers “from barber shops to bakeries and toy stores to tailor.” The site, AllianzGo, promises U.S. brokers and policyholders …
Exxon Mobil Corp.’s attempt to use “accountant-client privilege” to avoid handing over audit documents in a politically charged climate-change probe was dealt a final blow by New York’s top court. The finding on Tuesday affirms a 2016 ruling that Exxon …
Munich Re, the world’s largest reinsurer, said storms led by Hurricanes Harvey and Irma will probably wipe out third-quarter profit and threaten the company’s ability to meet its full-year earnings target. “These two events are expected to result in high …
Senator Elizabeth Warren, who opposes efforts to dismantle a new rule allowing customers to sue financial companies in class actions, released letters on Tuesday from U.S. bank CEOs in which they declined to defend lobbying against the measure and several …
