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News – Insurance Journal
Severe Storm Brings Tornado Watch to Texas, Louisiana
A severe storm generated thunderstorms and reports of tornados across southeastern Texas into Louisiana late morning Wednesday, Oct. 27. The National Weather Service put out severe thunderstorm and tornado warnings for much of the Houston-Galveston region. Most of those warnings …
POSTED OCTOBER 27, 2021 4:20 PM |
People Moves: J.M. Wilson Adds Hotrum; Omaha National Names Four to Board of Directors
J.M. Wilson hires Hotrum as assistant brokerage underwriter J.M. Wilson has hired Amy Hotrum as assistant brokerage underwriter in their Portage, Michigan office. Hotrum is responsible for assisting underwriters with a wide variety of new and renewal brokerage risks, as …
POSTED OCTOBER 27, 2021 3:41 PM |
Study: Indiana Workers’ Comp Average Medical Claims Higher than Most States
A recently published study from the Workers Compensation Research Institute found that the average medical payment for Indiana workers’ compensation claims with more than seven days of lost time was higher than the typical state. The study, CompScope™ Medical Benchmarks …
POSTED OCTOBER 27, 2021 3:30 PM |
Arthur J. Gallagher Acquires Illinois’ The VanDyke Group
Arthur J. Gallagher & Co. has acquired Homer Glen, Illinois-based The VanDyke Group, Inc. Terms of the transaction were not disclosed. Founded in 1984, The VanDyke Group offers employee benefits consulting and HR solutions, as well as commercial and personal …
POSTED OCTOBER 27, 2021 3:05 PM |
Residents in 8 Mississippi Counties Can Now Try for FEMA aid for Ida
Mississippi’s governor says residents in eight counties can now apply for federal help with Hurricane Ida expenses, and 19 counties can get public aid. Approval for help through the Federal Emergency Management Agency means “Mississippians will have access to the …
POSTED OCTOBER 27, 2021 2:53 PM |
Big Tech Data Centers Generate Concern Over Scarce Western Water
Conflicts over water are as old as history itself, but the massive Google data centers on the edge of this Oregon town on the Columbia River represent an emerging 21st century concern. Now a critical part of modern computing, data …
POSTED OCTOBER 27, 2021 2:32 PM |
Pair of Earthquakes Confirmed on California’s Central Coast
A pair of earthquakes rattled California’s central coast late Monday afternoon, the U.S. Geological Survey confirmed. A magnitude 4.7 quake hit at 4:42 p.m., centered about 11 miles northwest of San Simeon, according to. At 4:49 p.m., a 3.6 magnitude …
POSTED OCTOBER 27, 2021 2:29 PM |
We Insure Opens Florida Agency with Real Estate Connection
Jacksonville-based We Insure Inc., an insurance franchise company, announced a new operation in Lecanto, Florida, north of Tampa. We Insure Citrus agency, owned by Kevin and Karen Cunningham, will specialize in residential, automobile and commercial lines, particularly for RE/MAX real …
POSTED OCTOBER 27, 2021 2:28 PM |
Chubb Sees Profit Jump on Premium Growth, Underwriting Income
Global insurer Chubb’s third quarter net income soared more than 58 percent year-over-year, as premium gains continued their double-digit climb. The insurer’s Q3 net income reached $1.83 billion during the quarter, or $4.18 per share. That compares to just under …
POSTED OCTOBER 27, 2021 2:17 PM |
Carolina Investigation Busts Contractors for Tax Evasion, False Insurance Certificates
For three years, undercover investigators watched as construction company owners in South Carolina met with a check-cashing company in parking lots, then walk away with bags of cash and fake insurance certificates, showing laborers were covered by workers’ compensation insurance. …
POSTED OCTOBER 27, 2021 2:07 PM |
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