London Market Insurers’ 2020 Profits Canceled by COVID-19 but Rates Are Rising April 1, 2021 Pandemic-related losses in 2020 were substantial for London market insurers and offset most underwriting and investment returns, according to a...
Zurich Insurance Deepens Climate Change Strategy April 1, 2021 Zurich Insurance Group said it will be taking further, deeper steps to help curb carbon emissions in line with the...
Ohio Manufacturing Facility Cited for Unsafe Conditions; Fined $119K April 1, 2021 A Ohio manufacturer of power distribution products has been cited for 11 serious workplace safety violations and faces $119,000 in...
K2 Insurance Services Acquires Montana’s Loss Run Pro April 1, 2021 K2 Insurance Services, based in San Diego, Calif., has invested in Loss Run Pro LLC, headquartered in Missoula, Montana. LRP,...
Midwest People Moves: The Horton Group; Ohio Mutual; MJ Insurance; Lockton April 1, 2021 The Horton Group The Horton Group in Chicago has hired Casey Warnecke as chief growth officer. Warnecke will be responsible...
NTSB: Speed an Issue in 2019 Houston Ship Channel Crash April 1, 2021 Federal transportation safety officials say one of the vessels involved in the 2019 Houston Ship Channel collision that resulted in...
Champion Risk in California Names Neal Director of Operations, Peretz Marketing & Communications Director April 1, 2021 San Diego, Calif.-based Champion Risk & Insurance Services has hired Kristy Neal as director of operations and Rachel Peretz to...
Inmate Sues Over Riot in Hawaii That Injured Him March 31, 2021 An inmate who was injured in a Maui jail riot is suing the Hawaii Department of Public Safety. Kevin Lifoifoi’s...
COVID-19 Liability Shield for Arizona Businesses Advances March 31, 2021 The Arizona House voted this week to give businesses, nursing homes and others a broad shield from lawsuits related to...
Australia’s Floods to Hit Insurers’ Earnings, Put Upward Pressure on Reinsurance Rates March 31, 2021 Insured losses from Australia’s March floods are expected to hit general (or property/casualty) insurers’ underwriting margins and earnings in 2021,...