News Center
News Archives - Insurance Journal
State Farm’s California Halt Reflects Overall Poor Underwriting Experience, Ratings Agency Says
State Farm’s announcement last week that the carrier was no longer writing new personal or business property casualty policies in California “reflects the poor underwriting experience for California homeowners’ writers,” a ratings agency said on Wednesday. Fitch Ratings issued a …
POSTED MAY 31, 2023 9:59 PM |
People Moves: VIAA Promotes, Hires Team Members
Valley Insurance Agency Alliance Promotes, Hires Team Members Valley Insurance Agency Alliance recently promoted Amy Russell to lead pod marketer and hired Michael Welch as commercial marketer. Russell, who previously served as marketing specialist and account manager, has over 30 …
POSTED MAY 31, 2023 4:57 PM |
Louisiana Dept. of Insurance Reminds Residents of Roof Coverage Ahead of Hurricane Season
The Louisiana Department of Insurance (LDI) is reminding residents to review and assess their roof insurance coverage ahead of the 2023 Atlantic Hurricane Season, which begins June 1. LDI recommends policyholders review their policy to see what deductibles they have …
POSTED MAY 31, 2023 4:50 PM |
Environmental Platform Urges 1,600-Plus High-Emitting Firms to Disclose Data
More than 1,600 companies identified by non-profit platform CDP as having the biggest impact on the environment are not disclosing environmental data, it said as it launched its latest campaign to get firms to provide the information. CDP, which has …
POSTED MAY 31, 2023 4:37 PM |
Minnesota Governor Prepares to Sign Bill Legalizing Recreational Cannabis
ST. PAUL, Minnesota (AP) – Minnesota Democratic Gov. Tim Walz is scheduled to sign a bill Tuesday that legalizes recreational marijuana for people over the age of 21, making Minnesota the 23rd state to legalize the substance for adults. Former …
POSTED MAY 31, 2023 4:36 PM |
Hazards at Oklahoma Dollar General Stores Lead to $267K in Penalties
When federal workplace safety investigators opened inspections in December 2022 at two Dollar General stores in southeast Oklahoma, they found blocked exit routes and walkways exposing employees to fire hazards, the same types of violations investigators discovered in stores across …
POSTED MAY 31, 2023 4:26 PM |
Mayor: 5 Unaccounted For, 2 Likely in Wreckage of Collapsed Iowa Apartment Building
DES MOINES, Iowa (AP) – Five people remain unaccounted for, including two people whose remains may be in a pile of rubble at the site of a partially collapsed apartment building, officials of the city of Davenport, Iowa, said Tuesday. …
POSTED MAY 31, 2023 4:20 PM |
What a Dark Fleet Tanker Looks Like: 23 Defects, Eight Different Names
A giant oil tanker that was detained in China failed its safety inspection on more than 20 counts, spotlighting the dangers posed by a rapidly expanding fleet of aging vessels sailing the world’s oceans. The ship, currently called the Titan …
POSTED MAY 31, 2023 4:07 PM |
People Moves: Hong Kong’s FWD Names Former SiriusPoint CEO as Group CFO; Lloyd’s Names Beazley’s Turk as Chief Underwriting Officer
This edition of International People Moves details appointments at FWD Group and Lloyd’s of London. A summary of these new hires follows here. Hong Kong’s FWD Group Names Former SiriusPoint CEO as Group CFO FWD Group Holdings Ltd. announced the …
POSTED MAY 31, 2023 3:51 PM |
SEC Seeks to Recover Funds from NC Insurance Agent’s Alleged Investment Scam
The U.S. Securities and Exchange Commission has asked a federal court to bar a North Carolina insurance agent and financial advisor from trading securities and to disgorge ill-gotten gains from a real estate scam, according to court papers filed Tuesday. …
POSTED MAY 31, 2023 3:39 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 United Business Insurance Company 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.
|