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Category: Insurance Journal

Wildfire on Canada’s Atlantic Coast Prompts Evacuation of 16,000, Damages Properties
Insurance Journal | June 1, 2023
Wildfire on Canada’s Atlantic Coast Prompts Evacuation of 16,000, Damages Properties
A wildfire on Canada’s Atlantic coast has damaged about 200 houses and other structures and prompted the evacuation of 16,000 people, many of whom were eager to return Tuesday to see whether homes and pets had survived. Firefighters worked through …
Sick Restaurant Workers Linked to 4 in 10 Food Illness Outbreaks
Insurance Journal | June 1, 2023
Sick Restaurant Workers Linked to 4 in 10 Food Illness Outbreaks
Sick restaurant and food-store workers were linked to four in 10 US foodborne disease outbreaks in recent years, yet few establishments had comprehensive policies in place to prevent contamination, a government analysis found. Food workers’ illnesses may have played a …
Amazon Employees Walk Out to Protest Climate, Return-To-Work Policies
Insurance Journal | June 1, 2023
Amazon Employees Walk Out to Protest Climate, Return-To-Work Policies
A few hundred Amazon.com Inc. employees walked off the job Wednesday to protest the company’s return-to-work policies, impact on the climate and deepest-ever round of layoffs. The protest, organized by Amazon Employees for Climate Justice and Amazon’s Remote Advocacy group, …
People Moves: Conning Announces New Head of North America, Other Key Promotions
Insurance Journal | June 1, 2023
People Moves: Conning Announces New Head of North America, Other Key Promotions
Conning Announces New Head of North America and Other Key Promotions Conning has named Matt Daly, head of the corporate and municipal bond teams, as the new head of Conning North America, effective September 30. Daly has over 25 years …
Miss. High Court: Law Firm Not Liable for ‘Negligent’ Subro Action in Car Wreck
Insurance Journal | June 1, 2023
Miss. High Court: Law Firm Not Liable for ‘Negligent’ Subro Action in Car Wreck
A collections law firm for State Farm Insurance cannot be held liable for a poorly handled subrogation claim against a Mississippi driver, but the insurance company must still face trial in the matter, the Mississippi Supreme Court has decided. The …
People Moves: Island Insurance in Hawaii Names Hokama Vice President
Insurance Journal | June 1, 2023
People Moves: Island Insurance in Hawaii Names Hokama Vice President
Island Insurance named Reid Hokama vice president, personal lines and marketing. Reid has nearly three decades of financial experience and most recently was vice president and investment strategy manager in Central Pacific Bank’s Wealth Management Group. Other previous positions include …
State Farm’s California Halt Reflects Overall Poor Underwriting Experience, Ratings Agency Says
Insurance Journal | May 31, 2023
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 …
People Moves: VIAA Promotes, Hires Team Members
Insurance Journal | May 31, 2023
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 …
Louisiana Dept. of Insurance Reminds Residents of Roof Coverage Ahead of Hurricane Season
Insurance Journal | May 31, 2023
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 …
Environmental Platform Urges 1,600-Plus High-Emitting Firms to Disclose Data
Insurance Journal | May 31, 2023
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 …