AM Best: Ukraine Invasion to Likely Have ‘Substantial Impact’ on Insurance Industry February 28, 2022 Russia’s invasion of Ukraine could add to inflationary pressures and will likely have a substantial impact on the global insurance...
Fire That Killed Dozens of Animals at Arkansas Petting Zoo Under Investigation February 28, 2022 Dozens of animals including prairie dogs, lemurs and hedgehogs were killed when a fire broke out in a barn at...
Ohio Supreme Court Hears Lawsuit Over Company’s COVID Losses February 28, 2022 By Andrew Welsh-Huggins An Ohio business says its insurance company must compensate it for financial losses suffered during a pandemic-related shutdown. The insurance...
India Approves Up to 20% Foreign Direct Investment in Giant Insurer LIC: Source February 28, 2022 India’s cabinet approved on Saturday a policy amendment allowing foreign direct investment of up to 20% in Life Insurance Corp...
People Moves: Bakofsky at Florida OIR, Gorman at North Carolina February 28, 2022 Bakofsky Named Chief of Staff at Florida OIR Florida Insurance Commissioner David Altmaier announced that communications director Alexis Bakofsky has...
St. Johns Insurance Insolvent, to be Liquidated, Florida DFS Reports February 28, 2022 By William Rabb St. Johns Insurance Co., one of the larger property/casualty insurers based in Florida, is now insolvent and will soon be...
People Moves: Surplus Line Association of California Names Beaver Board Chair, Gobler Vice Chair, Washington Secretary February 28, 2022 The members of the Surplus Line Association of California elected Janet Beaver as chair of the SLA board. Eligible members...
New York State Ethics Commission Hit by Cyber Attack February 28, 2022 ALBANY, N.Y. (AP)— New York’s ethics commission has shut down its online filing system as authorities investigate a “deliberate malicious...
Virginia School Board to Appeal Judge’s Ruling Blocking Elite School’s Admissions Policy February 28, 2022 By Matthew Barakat A federal judge ruled Friday that a Virginia school system illegally discriminated against Asian Americans when it overhauled the admissions...
VW Fears Most of Its Cars on Cargo Ship ‘Felicity Ace’ Are Beyond Salvage February 26, 2022 By Monica Raymunt Volkswagen AG has lost hope that many of its roughly 4,000 vehicles aboard a cargo ship that caught fire last...