Monthly Archives: <span>September 2023</span>

Indiana Teenager Killed in Tree-Trimming Mishap as Log Shifts and Strikes Him

MONTPELIER, Ind. (AP) – A teenager working for a tree-trimming service died in northeastern Indiana when a log rolled out of a trailer and struck him, authorities said. Braeden Depew, 18, of Kokomo was pronounced dead at the scene Saturday …

People Moves: Roach Joins Alliant’s Employee Benefits Group in Minnesota

Roach Joins Alliant’s Employee Benefits Group in Minnesota Alliant Insurance Services, headquartered in Irvine, Calif., named David Roach as vice president of its employee benefits group in the Midwest. Based in Minneapolis, Minn., Roach joins Alliant with more than 15 …

Independent Insurance Agents of Wisconsin to Celebrate 125 Years at InsurCon2024

The Independent Insurance Agents of Wisconsin (IIAW) announced they will celebrate 125 years in the insurance industry in 2024. To celebrate this significant milestone, the IIAW is opening registration for its grand celebratory event, InsurCon2024. InsurCon2024, set to take place …

Gunman in Texas Walmart Shooting Ordered to Pay Restitution of $5 Million

AUSTIN, Texas (AP) – A white Texas gunman who killed 23 people at a Walmart in 2019 after ranting about Hispanics taking over the government and economy has agreed to pay more than $5 million to victims of the racist …

People Moves: Sompo Int’l Taps Chubb’s Gossé for Cyber Ins., Continental Europe; Allianz Commercial Names Vogler Chief Regions & Mkts Officer, Succeeding Haagen

This edition of International People Moves details appointments at Sompo International and Allianz Commercial. A summary of these new hires follows here. Sompo Int’l Taps Chubb’s Gossé for Cyber Insurance, Continental Europe Sompo International, the global provider of commercial and …

On Tolstoy and Insurance Troubles in the Heartland

Property & casualty insurers are remarkably durable. Many of the country’s 2,422 insurers have been in business for over a century. Two – the Insurance Company of the State of Pennsylvania and the Philadelphia Contributionship–were formed in the 18th century, …

Ariel Re Relaunches Clean Energy Division, Focusing on Tech Performance Insurance

Ariel Re, the Bermuda-based re/insurer, has relaunched its Clean Energy division as “Ariel Green,” in recognition of the increasingly crucial role of technology performance insurance in accelerating innovation in solar, energy storage, hydrogen, and bioenergy to help curb climate change. …

McKinsey Agrees to Pay $230 Million to Settle More Opioid Suits

McKinsey & Co. is poised to pay $230 million in its latest settlement of lawsuits blaming the company for its role advising opioid manufacturers in their sales of the painkillers. The proposed accord with local governments and school districts filed …

Kia, Hyundai Recall Over 3 Million Vehicles for Fire Risks

Hyundai and Kia are recalling a combined 3.37 million vehicles in the United States due to the risk of engine fires, telling owners to park outside and away from structures until repairs are complete. The automakers say brake fluid leaks …

Tornado-damaged Pfizer Plant in North Carolina Restarts Production

ROCKY MOUNT, N.C. (AP) — A major Pfizer pharmaceutical plant in North Carolina that makes critical supplies for U.S. hospitals has restarted production about 10 weeks after it was heavily damaged by a tornado, the company announced Monday. Getting a …