Japan’s Powerful Earthquake Estimated to Cost Insurers $2 Billion-$4 Billion: Verisk March 24, 2022 The powerful earthquake that jolted Japan’s northeast coast last week is expected to cause insured property losses between $2 billion...
People Moves: Godhwani, Bresnahan Assume New Top Posts at BHSI; Big I’s Flannagan to Retire; Aon Names Merlo as Claims Leader March 24, 2022 Berkshire Hathaway Specialty Insurance Names Top Leaders Berkshire Hathaway Specialty Insurance (BHSI) announced Sanjay Godhwani has been named president, North...
Lloyd’s Expects ‘Major Claim’ From Russia-Ukraine War, Reports ‘Strong’ Profit in 2021 March 24, 2022 Lloyd’s, the world’s leading insurance and reinsurance marketplace, announced “a strong return to profitability” in its 2021 full year financial...
Generali Suspends CEO Donnet’s Internal Rival in Ongoing Power Struggle March 24, 2022 Insurer Generali said on Wednesday it had suspended Luciano Cirina, its head of Austria and CEE countries, who has been...
Ex-Michigan Governor Must Testify in Flint Water Civil Trial March 24, 2022 Former Michigan Gov. Rick Snyder and several other officials must testify in a civil trial involving engineering firms being sued...
Louisiana to Receive $1.7 Billion in HUD Disaster Grants March 24, 2022 Three Gulf Coast states are getting $1.9 billion in federal grants to help recover from hurricanes and floods over the...
Former Licensed California Agent Faces Felony Insurance Fraud Charges March 24, 2022 Formerly licensed California insurance agent has been charged with 11 felony counts including identity theft, grand theft and embezzlement after...
Amazon Cited for Unsafe Work Practices at Washington Fulfillment Center March 24, 2022 Amazon is facing a willful serious violation and a $60,000 fine for knowingly putting workers at risk of injury at...
Rhode Island Doctor Faces More Allegations by Labor Department March 24, 2022 Federal labor officials are seeking a restraining order to bar a North Providence doctor from retaliating against a former employee...
Pinnacol Distributes $50M in Dividends to 51K Colorado Companies March 24, 2022 Pinnacol Assurance is distributing general dividend checks to its customers totaling $50 million. Pinnacol has also lowered premium rates by...