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Category: Insurance Journal

People Moves: Chubb Continues Promotions With Lupica as Westchester President; Gallagher Hires Eaton From Howden for US Cargo Role
Insurance Journal | July 10, 2024
People Moves: Chubb Continues Promotions With Lupica as Westchester President; Gallagher Hires Eaton From Howden for US Cargo Role
Chubb said David Lupica, currently chief operating and distribution management officer at Westchester, has been named vice president of Chubb Group and division president of Westchester. Lupica will have executive operating responsibility for Chubb’s wholesale excess and surplus lines business …
UK’s Direct Line to List on Price Comparison Websites in Strategy Shift
Insurance Journal | July 10, 2024
UK’s Direct Line to List on Price Comparison Websites in Strategy Shift
Direct Line will launch its eponymous motor insurance brand on price comparison websites for the first time, it said on Wednesday, as the company’s new CEO implemented a strategy shift designed to win new business. Adam Winslow, who took over …
Rikers Island Inmates Sue City Claiming They Were Trapped in Cells During Fire
Insurance Journal | July 10, 2024
Rikers Island Inmates Sue City Claiming They Were Trapped in Cells During Fire
Inmates at New York City’s Rikers Island are suing the city claiming they were trapped in their cells during a jailhouse fire that injured 20 people last year. The lawsuit filed Friday in federal court in Manhattan said the 15 …
Montana To Ask State Top Court To Overturn Landmark Climate Ruling
Insurance Journal | July 10, 2024
Montana To Ask State Top Court To Overturn Landmark Climate Ruling
Montana’s top court is set to hear the state’s appeal of a landmark ruling holding that it was violating the rights of young people to a clean and healthful environment by barring regulators from considering the impacts on climate change …
Missouri Fire Official Dies When Boat He Was in Capsizes During Water Rescue
Insurance Journal | July 10, 2024
Missouri Fire Official Dies When Boat He Was in Capsizes During Water Rescue
COLUMBIA, Mo. (AP) — An assistant fire chief in central Missouri died early Monday when the boat he was in capsized during a water rescue in a flash flood. The Boone County Fire Protection District said Matthew Tobben and another …
NC Can Switch Health Benefits Provider for State Workers, Judge Rules
Insurance Journal | July 10, 2024
NC Can Switch Health Benefits Provider for State Workers, Judge Rules
RALEIGH, N.C. (AP) — In a legal fight involving two health insurance companies seeking to manage North Carolina’s public employee benefits plan, a judge ruled Monday that the plan’s board acted properly when it switched to Aetna and dropped longtime …
Maine Has No Medical Cannabis Testing Requirement. Health Advocates Urge Change.
Insurance Journal | July 10, 2024
Maine Has No Medical Cannabis Testing Requirement. Health Advocates Urge Change.
Keri-Jon Wilson started as a hobbyist, making medical marijuana edibles on a small scale for patients suffering from chronic pain and cancer. But in 2015 she expanded her business, Portland-based Pot + Pan Manufacturing, and began to standardize her products. …
Purdue Pharma Secures Litigation Ceasefire After Supreme Court Ruling
Insurance Journal | July 10, 2024
Purdue Pharma Secures Litigation Ceasefire After Supreme Court Ruling
Purdue Pharma on Tuesday received U.S. court approval for a 60-day freeze on lawsuits against its owners, members of the wealthy Sackler family, in its first court appearance since a landmark Supreme Court ruling upended its bankruptcy settlement. U.S. Bankruptcy …
PwC Starts Mass China Layoffs After Losing Dozens of Clients
Insurance Journal | July 10, 2024
PwC Starts Mass China Layoffs After Losing Dozens of Clients
PricewaterhouseCoopers LLP is cutting staff across its China operations, according to people familiar with the matter, after an exodus of corporate clients diminished the accounting firm’s revenue prospects in the country. At least 100 staffers from different teams at PwC …
Caribbean Braces for Economic Punch After Season’s Deadly 1st Hurricane
Insurance Journal | July 10, 2024
Caribbean Braces for Economic Punch After Season’s Deadly 1st Hurricane
Leaders across the Caribbean were still tallying the financial toll wrought by the earliest Atlantic storm on record to intensify to the maximum Category 5 level, after it left a trail of destruction on Jamaica and islands of the eastern …