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Category: Insurance Journal

Top International Insurance Journal Stories of 2024
Insurance Journal | December 30, 2024
Top International Insurance Journal Stories of 2024
The top 10 most well-read international stories for 2024 covered a diverse range of topics, including nuclear verdicts, Taylor Swift’s concert cancellations, and the return of stability of the reinsurance market. Two articles focused on the Baltimore Bridge collapse. We’ve …
South Korea Orders Airline Safety Probe After Worst Domestic Crash Kills 179
Insurance Journal | December 30, 2024
South Korea Orders Airline Safety Probe After Worst Domestic Crash Kills 179
South Korea’s acting President Choi Sang-mok on Monday ordered an emergency safety inspection of the country’s entire airline operation as investigators worked to identify victims and find out what caused the deadliest air disaster on South Korean soil. All 175 …
Arthur J. Gallagher & Co. Acquires California’s BMR Insurance
Insurance Journal | December 30, 2024
Arthur J. Gallagher & Co. Acquires California’s BMR Insurance
Arthur J. Gallagher & Co. announced the acquisition of Tustin, California-based Murray Gardner Insurance Agency Inc., dba BMR Insurance. Terms of the transaction were not disclosed. BMR Insurance is a retail insurance agency serving commercial and personal lines clients primarily …
Oregon House Cat Died From Pet Food That Tested Positive for Bird Flu
Insurance Journal | December 30, 2024
Oregon House Cat Died From Pet Food That Tested Positive for Bird Flu
PORTLAND, Ore. (AP) — An Oregon house cat died after eating pet food that tested positive for bird flu, Oregon authorities said, prompting a recall of raw frozen pet food that was sold nationwide. Northwest Naturals, a pet food company …
Top National Insurance Journal Stories of 2024
Insurance Journal | December 30, 2024
Top National Insurance Journal Stories of 2024
The three largest insurers brokers each announced or closed multi-billion-dollar acquisitions in 2024. The topic was one of many in which readers of Insurance Journal kept a close eye. Difficulties in the personal auto insurance line of business gave way …
Generative AI: A Double Agent Serving Good and Evil in the World of Claims
Insurance Journal | December 30, 2024
Generative AI: A Double Agent Serving Good and Evil in the World of Claims
Claims professionals need to adapt to the AI evolution at a fast pace as the same technologies used to fight claims fraud are also being used to perpetuate it, according to experts. “It’s truly become an arms race,” said Shane …
AT&T, Verizon Say Networks Now Clear After Salt Typhoon Hack
Insurance Journal | December 30, 2024
AT&T, Verizon Say Networks Now Clear After Salt Typhoon Hack
AT&T Inc. and Verizon Communications Inc. acknowledged that they’d been hit by the China-linked Salt Typhoon hacking operation but that their networks were now clear from the intrusion. The hackers attempted to gain information about foreign intelligence, Dallas-based AT&T said …
Security First, Amelia Underwriters Offering New Products in Warming Florida Market
Insurance Journal | December 30, 2024
Security First, Amelia Underwriters Offering New Products in Warming Florida Market
Two Florida-based insurance companies are expanding their product lines, another sign that insurers are making more – if limited – moves into a warming market in the state. Amelia Underwriters, a wholesale and surplus lines broker based in Fernandina Beach, …
Customs Agents Seize 22,000 Fake Vehicle Inspection Stickers Shipped From Israel
Insurance Journal | December 30, 2024
Customs Agents Seize 22,000 Fake Vehicle Inspection Stickers Shipped From Israel
The U.S. Customs and Border Protection agency said it has seized more than 20,000 counterfeit Pennsylvania vehicle inspection stickers that were shipped from Israel to an address in Philadelphia. Customs officers found the stickers in two different shipments that arrived …
Fiery Plane Crash Kills 179 in Worst Airline Disaster in South Korea
Insurance Journal | December 29, 2024
Fiery Plane Crash Kills 179 in Worst Airline Disaster in South Korea
The deadliest air accident ever in South Korea killed 179 people on Sunday, when an airliner belly-landed and skidded off the end of the runway, erupting in a fireball as it slammed into a wall at Muan International Airport. Jeju …