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Tag: insurance-journal

Train Strikes Family on Ohio Railroad Bridge, Killing 3
Insurance Journal | May 19, 2025
Train Strikes Family on Ohio Railroad Bridge, Killing 3
Two women and a 5-year-old girl died after a train struck the family members while they were on a railroad bridge over a northern Ohio river, authorities said Monday. Crews equipped with sonar had been scouring the Sandusky River through …
Federal Jury Awards $405K Verdict Against Florida Senior Living Facility
Insurance Journal | May 19, 2025
Federal Jury Awards $405K Verdict Against Florida Senior Living Facility
A federal jury awarded $405,083 to a veteran in a disability discrimination case against a St. Petersburg, Fla. senior living facility and its operating companies, the U.S. Equal Employment Opportunity Commission (EEOC) announced. According to the EEOC’s suit, The Princess …
California Commissioner Launches Smoke Claims & Remediation Task Force
Insurance Journal | May 19, 2025
California Commissioner Launches Smoke Claims & Remediation Task Force
A new task force has been formed to develop standards in California for insurance coverage and clean-up of smoke-damaged homes. California Insurance Commissioner Ricardo Lara announced the formation of a Smoke Claims & Remediation Task Force within the California Department …
Turbulent Waters May Have Been Factor in Mexican Ship’s Crash Into Brooklyn Bridge
Insurance Journal | May 19, 2025
Turbulent Waters May Have Been Factor in Mexican Ship’s Crash Into Brooklyn Bridge
When a Mexican navy tall ship crashed into the Brooklyn Bridge, it was maneuvering in turbulent waters. The tide had just turned, and a fast current was heading up the East River as a 10 mph wind set in. While …
Illinois Chemical Manufacturer Reaches $400K Settlement With EPA
Insurance Journal | May 9, 2025
Illinois Chemical Manufacturer Reaches $400K Settlement With EPA
The U.S. Environmental Protection Agency announced a settlement for alleged violations of the Clean Air Act with Nalco Production LLC and Nalco Co. LLC. The companies manufacture polymer blend chemicals at their facility at 6216 W. 66th Place in Chicago, …
Patriot Growth Partners With Texas’ Ladd Gardner Aviation Insurance
Insurance Journal | May 9, 2025
Patriot Growth Partners With Texas’ Ladd Gardner Aviation Insurance
Patriot Growth Insurance Services announce its partnership with Ladd Gardner Aviation Insurance (LGA), an aviation insurance agency based in Addison, Texas. Founded in 2007 by aviation enthusiast and industry veteran, Ladd Gardner, the agency brings deep expertise, a client-centric approach, …
Texas Legislators Seek Solutions to Rising Home Insurance Rates
Insurance Journal | May 9, 2025
Texas Legislators Seek Solutions to Rising Home Insurance Rates
Texas lawmakers hope to rein in homeowners’ rising insurance bills even as they acknowledge there’s only so much they can do to tackle costs. Legislators have advanced bills to limit how much insurance companies can hike rates and help homeowners …
People Moves: SiriusPoint Promotes Fenn to Global Head of Marine; Arch Insurance International Promotes Mansouri to UK PI Underwriting Manager
Insurance Journal | May 9, 2025
People Moves: SiriusPoint Promotes Fenn to Global Head of Marine; Arch Insurance International Promotes Mansouri to UK PI Underwriting Manager
SiriusPoint Promotes Fenn to Global Head of Marine SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, announced the promotion of Chris Fenn to global head of Marine, in addition to two strategic appointments to strengthen its global marine offering. Previously …
AIG Q1 Underwriting Income More Than Halved on Wildfire Losses
Insurance Journal | May 1, 2025
AIG Q1 Underwriting Income More Than Halved on Wildfire Losses
American International Group (AIG) reported first quarter net income attributable to shareholders of $698 million, down 41.5% from the same period a year ago. First quarter underwriting income in AIG’s General Insurance segment—North America commercial, International commercial, and global personal—dropped …
California’s Ban on Gasoline Cars Is Overturned by US House Vote
Insurance Journal | May 1, 2025
California’s Ban on Gasoline Cars Is Overturned by US House Vote
Republicans moved a step closer Thursday to repealing a federal waiver allowing California to ban gasoline-powered cars by 2035, a policy that had drawn opposition from automakers, fuel producers and President Donald Trump himself. The U.S. House voted 246-164 to …