Category: Insurance Journal

OSHA Fines Arkansas Contractor $287K for Worker Deaths
Insurance Journal | December 9, 2022
OSHA Fines Arkansas Contractor $287K for Worker Deaths
Federal workplace safety investigators have determined that an Arkansas construction contractor failed to test oxygen levels in the confined space before two workers entered a sewer 20 feet below ground at an Edmond work site and died because of a …
Jensten Acquires Specialist Motor Trade Broker Bellegrove
Insurance Journal | December 9, 2022
Jensten Acquires Specialist Motor Trade Broker Bellegrove
The Jensten Group, the London-based independent insurance broking group, has acquired specialist broker Bellegrove, providing the group with a significant presence across the UK motor trade and fleet insurance market. The deal, which is subject to regulatory approval, brings £15 …
NASA: U.S. Coastlines Could Experience a Foot of Sea Level Rise Within 30 Years
Insurance Journal | December 1, 2022
NASA: U.S. Coastlines Could Experience a Foot of Sea Level Rise Within 30 Years
Sea levels along U.S. coastlines could rise as much as 12 inches above today’s waterline by 2050, according to NASA researchers. The results from the NASA Sea Level Change Team rely on measurements from a network of satellite altimeters along …
Arch Insurance North America Promotes First to President
Insurance Journal | December 1, 2022
Arch Insurance North America Promotes First to President
Brian First has been promoted to president of Arch Insurance North America. First was promoted from chief underwriting officer of programs, property and specialty. First, who joined Arch in 2014 and has 30 years of industry experience, will now have …
Louisiana Woman Latest to Plead Guilty in Staged Auto Collision Scheme
Insurance Journal | December 1, 2022
Louisiana Woman Latest to Plead Guilty in Staged Auto Collision Scheme
United States Attorney Duane A. Evans announced that Florence Randle, age 70, of Gibson, Louisiana, pled guilty on November 29, 2022 to Count One (1) of her indictment, charging her with Conspiracy to Commit Mail Fraud in violation of Title …
Texas Lt. Gov. Prioritizes Electric Grid Fixes for 2023 Legislative Session
Insurance Journal | December 1, 2022
Texas Lt. Gov. Prioritizes Electric Grid Fixes for 2023 Legislative Session
Lt. Gov. Dan Patrick on Wednesday unveiled a list of 21 legislative priorities including property tax relief, improving the reliability of the electric grid and continuing to spend money on border security funding. Patrick, who presides over the Senate and …
Bird Flu Outbreak Prompts Slaughter of 1.8M Chickens in Nebraska
Insurance Journal | December 1, 2022
Bird Flu Outbreak Prompts Slaughter of 1.8M Chickens in Nebraska
OMAHA, Neb. (AP) – Nebraska agriculture officials say another 1.8 million chickens must be killed after bird flu was found on a farm in the latest sign that the outbreak that has already prompted the slaughter of more than 50 …
Amwins Buys Franklin Street’s Arena Special Risks Wholesale Book
Insurance Journal | December 1, 2022
Amwins Buys Franklin Street’s Arena Special Risks Wholesale Book
Amwins, an international distributor of specialty insurance products, has purchased Atlanta-based Arena Special Risks’ wholesale business from Franklin Street. The move will allow Franklin Street to concentrate on retail insurance for the real estate market, the company said in a …
Hurricane Ian Drives Year-to-Date Insured Losses of $115B From Natural Disasters
Insurance Journal | December 1, 2022
Hurricane Ian Drives Year-to-Date Insured Losses of $115B From Natural Disasters
Hurricane Ian and other natural catastrophes, such as European winter storms, floods in Australia and hailstorms in France and the U.S., have cost insurers an estimated $115 billion so far this year, according to a report published by Swiss Re …
PCF Insurance Services Acquires Georgia-based VB@Work
Insurance Journal | December 1, 2022
PCF Insurance Services Acquires Georgia-based VB@Work
PCF Insurance Services, one of the larger brokerage firms in the country, has acquired Georgia-based Voluntary Benefits at Work. VB@Work, as it is abbreviated, said it designs employee benefits packages that minimize client administrative overhead. The merger will expand VB’s …