May 9, 2025
Cho Named Coalition’s Head of the West Region Coalition Inc. named Manny Cho as head of its west region. Cho joins Coalition with over three decades of experience in the insurance industry, most recently serving as executive vice president of …
May 9, 2025
Lloyd’s of London has been told it must pay an extra $800,000 in prejudgment interest on a $2.5 million building fire loss payment to a community bank that it had wrongly denied coverage. A three-judge panel of the Massachusetts Appeals …
May 9, 2025
The Pennsylvania House of Representatives on Wednesday narrowly passed a measure to legalize recreational use of marijuana with purchases permitted only through shops run by the state. The vote, 102-101, was largely along party lines with Democrats prevailing. The measure …
May 9, 2025
Global insurance broker Hub International Limited announced it has acquired the assets of EB Specialists Inc. dba Guru of Insurance. Guru of Insurance is an employee benefits firm located in King George, Virginia that provides clients in the region with …
May 9, 2025
The Catholic bishop of a New Jersey diocese said he would no longer oppose a state grand jury investigation of clergy sexual abuse that the church has been fighting behind closed doors in court for years. It’s not clear, however, …
May 8, 2025
Less than a month before the start of hurricane season, the acting administrator of the Federal Emergency Management Agency has been fired. A spokesperson with FEMA offered no reason for the dismissal, but confirmed to Insurance Journal reports that Cameron …
May 8, 2025
Los Angeles Mayor Karen Bass is navigating one of her city’s most challenging periods in decades. She’s facing a nearly $1 billion budget shortfall, the long recovery from January’s wildfires, and preparations for two of the world’s largest sporting events …
May 8, 2025
Connecticut-based Paragon Insurance Holdings announced that its specialty media and contingency platform, Reel Media Insurance Services, has acquired WISE Risk, a wholesaler for event-driven and specialty insurance products. WISE Risk, based in Needham, Massachusetts, is focused on the entertainment, sports, …
May 8, 2025
Indiana Farm Bureau Insurance, headquartered in Indianapolis, Indiana, promoted Chris Zeilinga to agency manager of the Hancock-Henry-Shelby-Rush Agency. Zeilinga joined Indiana Farm Bureau Insurance in 2002 as an agent in Marion County. In 2018, he was promoted to the role …
May 8, 2025
Liberty Mutual Holding Company Inc. booked consolidated first quarter 2025 net income of about $1 billion, down about 33% from the same period a year ago. Catastrophe losses for the first three months of 2025—driven by the wildfires in California—were …