Insurance Journal – Page 153 – Ben Few & Company, Inc.

Insurance Journal | January 31, 2024

Bayer’s Billions in Roundup Verdicts Increase Pressure for New Legal Strategy

Bayer AG faces mounting pressure to come up with a new plan for handling its Roundup weedkiller litigation after getting hammered by US jury verdicts totaling almost $4 billion over the last three months. The German conglomerate’s latest courtroom loss …

Insurance Journal | January 31, 2024

Highway Repairs Underway in Ohio Following Tanker Truck Crash and Fuel Spill

MACEDONIA, Ohio (AP) — Authorities have identified the tanker truck driver killed in a crash in Ohio that spilled thousands of gallons (liters) of diesel fuel over the weekend as repairs to the highway continue. The Summit County medical examiner’s …

Insurance Journal | January 30, 2024

Oklahoma’s Mulready Re-Appointed Chair of American Indian and Alaska Native Liaison Committee

Oklahoma Insurance Commissioner Glen Mulready has been re-appointed by the National Association of Insurance Commissioners (NAIC) to serve as the Chair for the American Indian and Alaska Native Liaison Committee in 2024. He was also named Vice-Chair of the Health …

Insurance Journal | January 30, 2024

Arthur J. Gallagher & Co. Acquires Iowa’s Horak Insurance

Arthur J. Gallagher & Co. announced the acquisition of Washington, Iowa-based Horak Insurance, Inc. Terms of the transaction were not disclosed. Horak Insurance is a retail property/casualty insurance agency serving commercial and personal lines clients as well as farms in …

Insurance Journal | January 30, 2024

People Moves: Carbon Names Willetts Head of Specialty; Canopius Hires 4 in Credit & Political Risk Team; BHSI Taps Chaucer’s Merton to Lead UK Customer & Broker Engmt

This edition of International People Moves details appointments at Carbon Underwriting, Canopius Group and Berkshire Hathaway Specialty Insurance (BHSI) . A summary of these new hires follows here. Carbon Underwriting Appoints Head of Specialty Carbon Underwriting Ltd., the London-based, managing …

Insurance Journal | January 30, 2024

Aviation Sector Sees No Quick Tech Solution to GPS ‘Spoofing’ Interference Problem

Global regulators, aviation security specialists and manufacturers failed to reach an agreement on a quick technical fix to the problem of GPS spoofing near war zones at a meeting on Thursday [Jan. 25], instead calling for better training of pilots …

Insurance Journal | January 30, 2024

Latin American Agents Offer Membership to USF Insurance Students

The Latin American Association of Insurance Agents has teamed up with the University of South Florida to expand awareness of insurance industry trends, best practices and emerging technology, for students as well as professionals. LAAIA said in a news release …

Insurance Journal | January 30, 2024

Virginia Police Officer Denied Workers’ Compensation Despite Statutory Presumption

A Virginia police officer has been denied workers’ compensation benefits for a heart condition despite the state law that his condition is presumed to be work-related. The Virginia Workers’ Compensation Commission (VWCC) has ruled that the officer’s public university employer, …

Insurance Journal | January 30, 2024

Microsoft Warns Other Firms of Russian-Sponsored Group in Email Hacking

Microsoft Corp. said an account that was compromised by Russia-linked hackers, resulting in a hack of some company emails including senior leaders, didn’t have multifactor authentication enabled. The hackers “tailored their password spray attacks to a limited number of accounts, …

Insurance Journal | January 30, 2024

Markets/Coverages: Insurtech BOXX Partners With AXA to Offer Cyber Risk Mitigation for Small Businesses

BOXX Insurance, the Toronto-based cyber insurtech and managing general agent, has announced the launch of a cyber risk mitigation solution in collaboration with AXA, aimed at providing crucial support to small businesses. Recognizing the critical need for comprehensive protection against …