Industry News

Insurance Journal

Embroker: Cybersecurity a Top Investment Focus for Startup Founders in 2023

Dec 09, 2022 Cybersecurity concerns will likely remain a focus for startup founders in 2023, according to the recent Embroker Cyber Risk Index: Startup Edition. The...

Lindberg Claims Buyer for Carolina Insurance Companies, But Liquidation Has Begun

Dec 09, 2022 North Carolina insurance executive and reported billionaire Greg Lindberg, now awaiting a second trial on bribery charges, says he has a buyer...

One Year Later: Kentucky Agency, Community Recovering from Powerful Tornado

Dec 09, 2022 A year ago Saturday, one of the most powerful tornadoes to hit the United States ripped through western Kentucky with 190-mph winds, destroying...

Germany’s BASF to Restore Polluted Superfund Site in New Jersey

Dec 09, 2022 TOMS RIVER, N.J. (AP) — The German chemical company BASF will restore damaged natural resources at a notorious Superfund site where decades or pollution and illegal...

Claims Journal

Smoke Damage a Source of Friction for ‘Standing Home Survivors’ after Colo. Wildfire

Dec 09, 2022 The lingering impact of smoke and soot is complicating insurers’ efforts to resolve homeowners claims from the Marshall Fire, which destroyed 1...

Judge Dismisses 1,000 Shingles Vaccine Claims Against Merck for Lack of Evidence

Dec 08, 2022 After four years of multidistrict litigation, a federal judge in Pennsylvania has dismissed 1,189 lawsuits claiming the Zostavax shingles vaccine by...

Brother Finds Body Baltimore Firefighters Missed in Building

Dec 08, 2022 BALTIMORE (AP) — Several hours after firefighters extinguished a warehouse fire in southwest Baltimore early Sunday, the scene was eerily quiet as Donte Craig stepped...

Duke Energy: All Equipment Damaged in NC Shooting Now Fixed

Dec 08, 2022 RALEIGH, N.C. (AP) _ Duke Energy said Wednesday it has completed repairs on substation equipment damaged in shootings over the weekend that cut power to thousands of...

Best's Reviews

California, Consumer Watchdog Clash Over Geico 6.9% Auto Rate Hike

Dec 08, 2022 The California Department of Insurance has approved a 6.9% automobile insurance rate increase for Geico, and Consumer Watchdog is charging the...

Cover Whale CEO: Expansion Underway on Multiple Fronts in One of Industry’s Most Distressed Lines

Dec 08, 2022 Insurtech managing general agent Cover Whale is expanding its reach in commercial automobile insurance, a line Chief...

AGCS Adds Five Leaders for Cyber Underwriting Team in North America

Dec 08, 2022 Allianz Global Corporate & Specialty, the corporate insurance carrier of Allianz Group, has appointed five professionals to its cyber...

Cryptocurrency Underwriter Relm Reserves for FTX Losses

Dec 08, 2022 Cryptocurrency underwriter Relm Insurance Ltd. is reserving for potential losses related to the financial failure of virtual currency exchange FTX Trading Ltd...