Insurance Journal – Page 192 – Ben Few & Company, Inc.

Insurance Journal | October 7, 2022

Munich Re Commits to Stricter Policies for Oil & Gas Underwriting, Investments

Munich Re, the world’s largest reinsurer, on Thursday announced stricter policies for investing in and underwriting oil and gas projects, drawing praise from environmental activists. The German reinsurer said on its website that as of April 2023 it would not …

Insurance Journal | October 7, 2022

Florida Citrus Industry Squeezed by Hurricane Ian; Crop Insurance to Cover Some Losses

The waters have receded, but the stink lingers. As Emma Reynolds Ezell surveys the damage that a night of 100 mile-per-hour winds wrought on her orange groves, she just can’t get over the stench. It’s nothing like the usual sweet …

Insurance Journal | October 7, 2022

Comp Insurer Antum Risk to Study Hospital Violence in South Carolina

The South Carolina Hospital Association plans to use data to address the growing issue of workplace violence, an effort that could ultimately affect workers’ compensation claim frequency and severity. The association announced it has hired South Carolina-based Antum Risk, a …

Insurance Journal | October 6, 2022

Study Shows Climate Change Made Droughts More Likely in 2022

Climate change made droughts in the Northern Hemisphere droughts more likely this year, a new study by a team of U.S. and international scientists shows. The scientists, part of World Weather Attribution, a group that studies links between extreme weather …

Insurance Journal | September 30, 2022

California Workers’ Comp Written Premium up 27% in First Half of 2022

The Workers’ Compensation Insurance Rating Bureau of California released its Quarterly Experience Report, which reflects an increase in written premium due to economic recovery from the pandemic. The report is an update on California statewide insurer experience valued as of …

Insurance Journal | September 30, 2022

People Moves: AXA XL Reinsurance Promotes Twite to CEO, Bermuda; MGA Rokstone Hires 3 Engineering Underwriters From Globe

This edition of International People Moves details appointments at AXA XL Reinsurance and the MGA Rokstone. A summary of these new hires follows here. AXA XL Reinsurance Promotes Twite to CEO, Bermuda AXA XL Reinsurance announced it has appointed Mark …

Insurance Journal | September 30, 2022

Insurer Off the Hook in Defending Western Union Against Terrorist Financing Suit

An insurer’s war and financial services exclusions relieve it of having to provide coverage for an insured being sued for allegedly aiding international terrorists responsible for the crash of Malaysia Airlines Flight 17 in eastern Ukraine in 2014. The U.S. …

Insurance Journal | September 30, 2022

Ian Aftermath Even Harder to Fix With Supply Chain Tattered

The difficult job of rebuilding communities pummeled by Hurricane Ian is expected to be made even worse by a problem that’s lingered since the early days of the pandemic: snarled supply chains. Ian tore a path of destruction across Florida, …

Insurance Journal | September 30, 2022

Families of 3 Survivors File First Uvalde School Shooting Lawsuit

The families of three children who survived the Uvalde mass shooting in May have filed the first lawsuit in a federal court against the Uvalde school district, law enforcement officials, gun makers and others, alleging that their negligence and failures …

Insurance Journal | September 30, 2022

People Moves: WTW Appoints Cui; Powers Promotes Sullivan

WTW appoints Cui to its Insurance Consulting and Technology business WTW has appointed Michelle Cui as director, actuarial property and casualty, in its insurance consulting and technology business. Cui joins WTW in its Chicago, Illinois, offices from Zurich North America, …