Insurers Face Business Interruption Claims After Global Tech Outage July 22, 2024 Insurers could face a raft of business interruption claims after a worldwide tech outage crippled industries from travel to finance...
People Moves: Risk Strategies Names Bagwell Commercial Lines Leader in West July 22, 2024 Risk Strategies named Troy Bagwell commercial lines leader for the West region. Bagwell, who is based in Los Angeles, is...
Hurricane Beryl Caused Estimated $2-3B in Insured Losses to US Property: Verisk July 19, 2024 Estimated industry insured losses to onshore property from wind in the U.S. for Hurricane Beryl will range between $2 billion...
People Moves: Ohio Bar Liability Insurance Company Names Tribble as CEO July 19, 2024 Ohio Bar Liability Insurance Company announced that John R. Tribble, MBA, CPCU, CCLA will be joining the company as its...
Cargo Ship Sustains Damage After Houthi Attack in Gulf of Aden July 19, 2024 A Singaporean-flagged cargo vessel was hit by Yemen’s Houthi missiles in the Gulf of Aden on Friday, forcing it to...
Insurance Broker TWFG’s Shares Rise Nearly 30% in Market Debut July 19, 2024 Insurance broker TWFG’s shares gained nearly 30% in their Nasdaq debut on Thursday, signaling strong investor demand for new stocks...
Flooring Manufacturer Fined $300K for Exposing Texas Workers to Safety Violations July 19, 2024 While one of the nation’s largest manufacturers of commercial flooring and surfaces — including recycled rubber products used throughout the...
What Disruptions Have Been Reported After the Global Tech Outage? July 19, 2024 A global tech outage that appeared to be related to issues at cybersecurity firm CrowdStrike and Microsoft on Friday affected...
Travelers Reverses Q2 Income Loss, Narrows Underwriting Loss July 19, 2024 The Travelers Companies, Inc. reported second quarter net income of $534 million, compared to a loss of $14 million during...
West Virginia’s Ludewig Retires as Agency Joins with Leavitt Group July 19, 2024 Longtime West Virginia insurance agent Charles Ludewig has decided to retire, paving the way for his agency to join the...