NEWS FROM INSURANCE JOURNAL
Insurance Journal news
- People Moves: AEGIS London Hires AIG’s Johnson and Lambert for New Cyber Underwriting Team; Markel Promotes Gordge to Head of Terrorism in London April 19, 2024This edition of International People Moves details appointments at Lloyd’s syndicate AEGIS London and Markel, the insurance operations within Markel Group. A summary of these new hires follows here. AEGIS London Hires AIG’s Johnson and Lambert for New Cyber Underwriting …
- Fleming Acquires James River’s Casualty Reinsurance Business, Ending Legal Dispute April 19, 2024James River Group Holdings Ltd. announced that Fleming Intermediate Holdings has completed the $277 million acquisition of James River’s casualty reinsurance business – after a period of legal wrangling that had threatened to derail the deal. The transaction, which was …
- People Moves: Chubb Names Scheffler COO of Personal Risk Services; AXIS Appoints Morley Head of US E&O April 19, 2024Chubb said it has promoted Melissa Scheffler to chief operating officer of Personal Risk Services (PRS). Currently, Scheffler serves as regional executive officer for the Mid-Atlantic region. In a corresponding move, Bryce Graham, who currently serves as the Philadelphia and …
- Severe Storms Cause Damage in Middle U.S. April 19, 2024ST. LOUIS (AP) — Strong storms caused damage in parts of the middle U.S. this week and spawned tornadoes in Kansas and Iowa, including one that left two people hurt. An EF-1 tornado touched down shortly after 6 a.m. Tuesday …
- U of Kentucky ‘Distressed’ Over Alleged Misconduct by Former Swim Coach April 19, 2024LEXINGTON, Ky. (AP) — A Kentucky spokeswoman says the school is “distressed to hear disturbing allegations” of sexual assault by former swimming and diving coach Lars Jorgensen outlined in a lawsuit by two former team members and will cooperate fully …
- Travis Scott’s Attorneys Argue for Dismissal of Astroworld Lawsuits April 19, 2024HOUSTON (AP) — Attorneys for rap star Travis Scott argued in court this week that he should be dismissed from hundreds of lawsuits filed over the deadly 2021 Astroworld festival, saying he was not responsible for safety planning and watching …
- Kansas Roofing Contractor Fined $233K for Deadly Fall Hazards April 19, 2024Federal workplace safety inspectors found a Kansas roofing contractor again putting its employees at risk of falls from elevation — the construction industry’s deadliest hazard — by not providing required protective equipment at two residential worksites in October 2023. U.S. …
- Inszone Acquires Texas’ Talerity April 19, 2024Inszone Insurance Services announced the strategic acquisition of Talerity, LLC, a specialized insurance agency focusing on professional liability for medical providers. Founded in 2008 by Cary Smith, Talerity has carved a niche in the insurance landscape with its forward-thinking approach …
- Georgia Town Aims to Disrupt Student Beach Bash After Last Year’s Chaos April 19, 2024TYBEE ISLAND, Ga. (AP) — Thousands of Black college students expected this weekend for an annual spring bash at Georgia’s largest public beach will be greeted by dozens of extra police officers and barricades closing off neighborhood streets. While the …
- Former Congressman Charged After Collision with State Trooper in Florida April 19, 2024A former Congressman from North Carolina may soon be facing higher auto insurance premiums after he slammed into the back of a Florida state trooper’s patrol car on Interstate 75 near Naples. Madison Cawthorn, 28, who represented part of North …