Insurance Journal – Page 186 – Ben Few & Company, Inc.

Insurance Journal | October 28, 2022

FAA Warns of Aviation Safety Risks Without U.S. Mandate on 5G Limits

The Federal Aviation Administration (FAA) wants the U.S. telecommunications regulatory agency to ensure a delay in some 5G C-Band transmissions from smaller operators. Acting FAA Administrator Billy Nolen said the agency wants the Federal Communications Commission (FCC) to mandate voluntary …

Insurance Journal | October 20, 2022

Climate Concern Dropped Amid the Pandemic, but Not for Everyone

Evidently, climate concern dropped last year. A new Gallup World Risk Poll shows fewer than half of those questioned said climate change poses a “very serious threat” to their nations in the next 20 years. It was down overall, but …

Insurance Journal | October 20, 2022

Inszone Acquires Texas’ Proctor Insurance

Inszone Insurance Services announced the acquisition of Proctor Insurance, providing the fifth acquisition in the state of Texas. Based in Houston, Proctor offers business and personal lines and specializes in hotels and motels. The agency was founded by Jeff Proctor …

Insurance Journal | October 20, 2022

Arthur J. Gallagher Acquires Illinois-Based Cason, Huff & Schlueter

Arthur J. Gallagher & Co. announced the acquisition of Quincy, Illinois-based Cason, Huff & Schlueter Insurance. Terms of the transaction were not disclosed. Founded in 1923, Cason, Huff & Schlueter is a retail insurance agency specializing in personal and commercial …

Insurance Journal | October 20, 2022

Ohio Personal Injury Attorney Sentenced to Prison for Insurance Fraud

Ohio Department of Insurance director Judith L. French announced that former attorney Anthony Fusco, of Youngstown, was sentenced on October 7 in the Mahoning County Court of Common Pleas to 18 months in prison for felony insurance fraud. Fusco was …

Insurance Journal | October 20, 2022

Snow Storm Hits Michigan’s Upper Peninsula, Causing Power Outages

It’s beginning to look a lot like winter in Michigan’s Upper Peninsula, with snow falling and high winds toppling trees and causing power outages. MLive reported that as much as 18 inches (45 centimeters) of snow fell as of Tuesday …

Insurance Journal | October 20, 2022

People Moves: Iroquois Adds Gonzalez in Texas; Lucas to Lead Platinum Construction; Distinguished Programs Hires Fulton

Iroquois adds Regional Manager Gonzalez in Texas Jo Gonzalez joins Iroquois as a regional manager for Texas, where she will further expand Iroquois’ presence by partnering with independent insurance agencies and select carriers. Iroquois Texas is part of Allegany, New …

Insurance Journal | October 20, 2022

CEOs of Travelers, CNA Elected APCIA Chair, Chair-Elect

Alan Schnitzer, chairman and CEO of The Travelers Companies, has been elected chair of the board of directors of the American Property Casualty Insurance Association (APCIA). Dino E. Robusto, chairman and CEO of CNA Financial Corporation was elected chair-elect at …

Insurance Journal | October 20, 2022

‘Financial Hacking’ Plagues DeFi in Latest Setback for Crypto

Decentralized finance, the once red-hot slice of the crypto universe that was at the center of this year’s collapse of the digital-asset world, is facing a rapidly increasing new challenge: financial hacking. After being plagued for years by hackers seeking …

Insurance Journal | October 20, 2022

Florida CFO Calls for Outright Ban on Assignments of Benefits, Limits on Public Adjusters

In the wake of Hurricane Ian, Florida’s chief financial officer has taken a hard line on insurance claims litigation, calling for an outright ban on assignments-of-benefits agreements. At a press conference in Cape Coral, hit hard by the hurricane this …