News Center
News Archives - Insurance Journal
People Moves: Lockton Names Young SVP
Lockton, based in Kansas City, Missouri, hired benefits consultant Chad Young as senior vice president based in its Houston office. Young previously served as an account executive at Aetna and held senior account executive roles at Assurant and The Hartford. …
POSTED SEPTEMBER 12, 2024 4:29 PM |
People Moves: JM Wilson Hires Musolf and Hudson as Assistant Property & Casualty Underwriters; Group Captive Program Leader Albian Joins Ryan Alternative Risk
JM Wilson, headquartered in Portage, Michigan, hired Savana Musolf and Lisa Hudson as assistant property and casualty underwriters. Musolf works with independent insurance agents and company underwriters in Michigan and Texas. Before joining JM Wilson, Musolf worked for over two …
POSTED SEPTEMBER 12, 2024 4:24 PM |
Sentry Buys Nonstandard Auto Insurer The General From American Family for $1.7B
Sentry Insurance said it is buying nonstandard auto insurer The General from American Family Insurance for about $1.7 billion to mark the largest acquisition in the company’s 120-year history. Sentry will pay $1.1 billion in cash and assume liabilities and …
POSTED SEPTEMBER 12, 2024 4:08 PM |
Florida Home Inspector Used Stock Photos 200 Times, Defrauding Citizens, DFS Says
A Florida home inspector allegedly used the same stock photographs in more than 200 home and wind-mitigation inspections, costing Citizens Property Insurance Corp. more than $88,000, the state Department of Financial Services said after the man was arrested. Jasiel Mena, …
POSTED SEPTEMBER 12, 2024 3:37 PM |
Francine Knocks Out Power to Hundreds of Thousands in South
Francine knocked out power to nearly half a million homes and businesses and canceled hundreds of flights across the US South after coming ashore as a hurricane. The storm has weakened to a tropical depression with winds of 35 miles …
POSTED SEPTEMBER 12, 2024 3:31 PM |
Top EU Privacy Regulator Opens Probe Into Google’s AI Compliance
The top EU privacy regulator opened an inquiry on Thursday into whether search engine giant Google adequately protected European Union users’ personal data before using it to help develop its foundational AI Model. Ireland’s Data Protection Commission (DPC), the lead …
POSTED SEPTEMBER 12, 2024 2:38 PM |
New Mexico Attorney General Files Suit Against Snapchat
New Mexico’s attorney general has filed a lawsuit against the company behind Snapchat, alleging that site’s design and policies foster the sharing of child sexual abuse material and facilitate child sexual exploitation. Attorney General Raúl Torrez filed the lawsuit against …
POSTED SEPTEMBER 12, 2024 2:13 PM |
Lloyd’s of London Plans to Overhaul ‘Unclear’ Rules on Dealing With Poor Conduct
Lloyd’s of London said on Thursday it plans to overhaul its rules on dealing with poor conduct in the commercial insurance market as its current processes for dealing with bad behavior could be “unclear.” The Lloyd’s of London market, which …
POSTED SEPTEMBER 12, 2024 2:04 PM |
Firefighters Hope Cooler Weather Will Aid Battle Against 3 Major Southern California Fires
Firefighters battling three major wildfires in the mountains east of Los Angeles took advantage of cooler weather Wednesday as they slowly gained the upper hand, but not before dozens of homes were destroyed and thousands of people were forced to …
POSTED SEPTEMBER 12, 2024 1:57 PM |
Property Drives E&S Growth of 15% in 2023 to Increase Overall P/C Share
For the sixth straight year, U.S. excess and surplus insurers in 2023 saw double-digit growth in direct written premiums. E&S direct written premiums (DWP) grew 15% last year to increase its share of the total property/casualty market to 9%, according …
POSTED SEPTEMBER 12, 2024 1:49 PM |
NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does FDI Management Group confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.
|