Archive: January 2025

Insured Losses From Los Angeles Wildfires Rising: $8B to $20B
Insurance Journal | January 9, 2025
Insured Losses From Los Angeles Wildfires Rising: $8B to $20B
Editor’s note: This story has been updated with new AccuWeather total loss estimates. With aerial firefighting returning as strong Southern California winds died down for a bit, damage assessments from a handful of destructive Los Angeles area blazes are sure …
Hub Acquires Connecticut’s Byrnes Agency
Insurance Journal | January 9, 2025
Hub Acquires Connecticut’s Byrnes Agency
Insurance broker Hub International Limited has acquired the assets of Byrnes Agency, Inc. in Connecticut. Terms of the transaction were not disclosed. Founded in 1932, Byrnes Agency is located in Dayville and Norwich. The agency offers a full line of …
People Moves: GuideOne Insurance Appoints Wei Huang to Board of Directors
Insurance Journal | January 9, 2025
People Moves: GuideOne Insurance Appoints Wei Huang to Board of Directors
GuideOne Insurance, headquartered in West De Moines, Iowa, appointed Wei Huang to its board of directors. Huang, who serves as the senior vice president and senior client investment officer at Northern Trust Asset Management, has over two decades of experience …
ZestyAI Receives Approval From Missouri Department of Insurance
Insurance Journal | January 9, 2025
ZestyAI Receives Approval From Missouri Department of Insurance
ZestyAI, a provider of AI-powered climate and property risk analytics solutions, has received regulatory approval from the Missouri Department of Insurance for its Severe Convective Storm suite, including Z-HAIL, Z-WIND, and Z-STORM. ZestyAI’s Severe Convective Storm suite has already received …
He Saved the Chocolates But Lost His Workers’ Compensation Insurance
Insurance Journal | January 1, 2025
He Saved the Chocolates But Lost His Workers’ Compensation Insurance
An employee who was injured when rescuing chocolate candies from the heat in his employer-owned delivery truck is not due workers’ compensation benefits. The Virginia Workers’ Compensation Commission (WCC) upheld a deputy commissioner’s denial of benefits, agreeing that Ronald Mark …