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Tag: insurance-journal

PVC Pipes Swept Away by Helene Still Dominate Cleanup of NC River
Insurance Journal | October 9, 2026
PVC Pipes Swept Away by Helene Still Dominate Cleanup of NC River
They’re piled on river banks, lodged in uprooted trees, embedded in sediment and jammed under logs. Many are tangled in mounds of debris up to two stories high. Two years after Hurricane Helene leveled forests, bulldozed houses and filled western …
Trump’s Executive Order on Dyed Diesel Provides Little Relief for Farmers and Truckers
Insurance Journal | October 9, 2026
Trump’s Executive Order on Dyed Diesel Provides Little Relief for Farmers and Truckers
Farmers, truckers and economists say a move to cut taxes on diesel will provide little relief from record-high fuel prices that have soared since the U.S. attacked Iran months ago. Industry groups said they appreciate President Donald Trump’s executive order …
Texas Reports Homeowners and Auto Rate Decreases
Insurance Journal | October 9, 2026
Texas Reports Homeowners and Auto Rate Decreases
Homeowners insurance rates are beginning to come down in Texas, according to the most recent data from the state insurance department. Since the start of July, insurance companies have filed an average 4.3% rate decrease on homeowners policies. ASI Lloyds, …
San Antonio Car Dealerships to Pay $430K In Sex Discrimination Lawsuit
Insurance Journal | October 9, 2026
San Antonio Car Dealerships to Pay $430K In Sex Discrimination Lawsuit
Benson Enterprises, Inc., the operator of automotive dealerships including Ingram Park Chrysler Jeep Dodge Ram in San Antonio, will pay $430,000 and furnish other relief to settle a sex-based harassment and retaliation lawsuit filed by the U.S. Equal Employment Opportunity …
Florida Commissioner Suspends A-Cap’s Atlantic Coast Life Over Surplus Issues
Insurance Journal | October 1, 2026
Florida Commissioner Suspends A-Cap’s Atlantic Coast Life Over Surplus Issues
Two weeks after South Carolina’s insurance regulator took steps to place Atlantic Coast Life Insurance into rehabilitation, another state’s commissioner has suspended the company amid concerns about its finances. “In making the decision to suspend Atlantic Coast’s COA (certificate of …
Allianz Appoints Kroetz and Floquet as CEOs at Allianz Partners and Allianz Direct
Insurance Journal | October 1, 2026
Allianz Appoints Kroetz and Floquet as CEOs at Allianz Partners and Allianz Direct
Allianz Group announced chief executive officer appointments at Allianz Partners and Allianz Direct, following Tomas Kunzmann’s appointment to the Allianz SE Board of Management. Philipp Kroetz, currently chief executive officer of Allianz Direct, will become CEO of Allianz Partners, effective …
People Moves: AIG Names Hussain CRO for Retiring Schaper
Insurance Journal | October 1, 2026
People Moves: AIG Names Hussain CRO for Retiring Schaper
American International Group (AIG) said Turab Hussain was appointed executive vice president and chief risk officer of AIG, effective Oct. 12. Hussain will report to Eric Andersen, president & CEOr, AIG and will serve on AIG’s Executive Leadership Team. He …
People Moves: Plymouth Rock Home Names Stuckey VP of Customer Service
Insurance Journal | October 1, 2026
People Moves: Plymouth Rock Home Names Stuckey VP of Customer Service
Plymouth Rock Home Assurance Corp. headquartered in Boston, Massachusetts, named Jared Stuckey as vice president of customer service and underwriting. Stuckey previously led underwriting strategy and managed personal and commercial products for Plymouth Rock’s Independent Agent auto business. He will …
Zurich Insurance Completes £8.1 Billion Acquisition of Beazley
Insurance Journal | October 1, 2026
Zurich Insurance Completes £8.1 Billion Acquisition of Beazley
Zurich Insurance Group has completed its £8.1 billion ($10.7 billion) of Lloyd’s insurer Beazley, effective today. Beazley shares were suspended this morning from the London Stock Exchange with delisting planned for Oct. 2. Under the terms of the deal (known …
Senate Blocks Bill to Address Data Center Costs
Insurance Journal | October 1, 2026
Senate Blocks Bill to Address Data Center Costs
The US Senate on Sept. 30 blocked legislation requiring state utility regulators to consider whether large electricity users, including data centers, should bear the incremental costs of power infrastructure built to serve them and thus ease the burden on households. …