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Tag: insurance-journal

Dallas to Atlanta Brace for Severe Thunderstorms: Weather Watch
Insurance Journal | May 9, 2024
Dallas to Atlanta Brace for Severe Thunderstorms: Weather Watch
Nearly 22 million people from Dallas to Atlanta will face another round of severe thunderstorms bringing downpours, hail and possibly tornadoes. For the last week, the central and southern US have been battered by ferocious storms and flooding that all …
People Moves: Leif Assurance Promotes Langworthy to Enterprise Relationship Manager
Insurance Journal | May 9, 2024
People Moves: Leif Assurance Promotes Langworthy to Enterprise Relationship Manager
Leif Assurance, a full-service insurance agency that exclusively handles construction insurance, has promoted Melinda Langworthy to the role of Enterprise Relationship Manager. Prior to this new position, she served as the company’s Senior Sales Account Executive. Langworthy will be responsible …
After Deadly Oklahoma Tornado, Storms Bring Twisters to Midwest
Insurance Journal | May 9, 2024
After Deadly Oklahoma Tornado, Storms Bring Twisters to Midwest
DETROIT (AP) — Severe storms battered the Midwest on Tuesday, unleashing a curtain of heavy rain, gusty winds and tornadoes throughout the region a day after a deadly twister ripped through a small Oklahoma town and killed at least one …
Alera Group Acquires Texas’ Trimble-Batjer
Insurance Journal | May 9, 2024
Alera Group Acquires Texas’ Trimble-Batjer
Alera Group announced the acquisition of Texas-based Trimble-Batjer. Founded in 1883, Trimble-Batjer provides surety and bonds, business solutions, employee benefits and insurance coverage for auto, home, health and life. The San Angelo agency specializes in construction, oil and gas, farm …
Travelers to Open Technology Office in Atlanta
Insurance Journal | May 1, 2024
Travelers to Open Technology Office in Atlanta
Just as companies worldwide struggle with the office-versus-remote work question, Travelers has decided to open a 2,800-square-foot office site in Atlanta to house its artificial intelligence, data science and other technology operations. Travelers, a global property and casualty insurer, plans …
Prudential to Wind Down Direct-to-Consumer Assurance Business
Insurance Journal | May 1, 2024
Prudential to Wind Down Direct-to-Consumer Assurance Business
Less than five years after acquiring online insurance startup Assurance IQ for $2.35 billion, Prudential is shutting it down. “Prudential Financial routinely evaluates strategic opportunities for its businesses that are aligned with its long-term growth strategy,” the company said in …
Insurtechs Root, Lemonade Book Q1 Net Income Losses but Each Tout Progress
Insurance Journal | May 1, 2024
Insurtechs Root, Lemonade Book Q1 Net Income Losses but Each Tout Progress
Insurtech Root Inc. posted a net loss for the first quarter 2024 of $6.2 million but said it recorded operating income for the first time in the company’s history. The net income loss for the first three months of the …
Kansas Won’t Legalize Medical Marijuana for at Least a Year
Insurance Journal | May 1, 2024
Kansas Won’t Legalize Medical Marijuana for at Least a Year
TOPEKA, Kan. (AP) — Kansas will remain among the handful of states that haven’t legalized the medical use of marijuana or expanded their Medicaid programs for at least another year. Republican state senators on Friday blocked efforts to force debates …
Houthis Attack Four Ships in Indian Ocean, Red Sea
Insurance Journal | May 1, 2024
Houthis Attack Four Ships in Indian Ocean, Red Sea
Yemen’s Houthis said on Tuesday they targeted the MSC Orion container ship in a drone attack in the Indian Ocean as part of their ongoing campaign against international shipping in solidarity with Palestinians against Israel’s military actions in Gaza. MSC …
16 Nabbed in Florida Sting Operation for Failing to Get Workers’ Comp Coverage
Insurance Journal | May 1, 2024
16 Nabbed in Florida Sting Operation for Failing to Get Workers’ Comp Coverage
A sting operation in Manatee County, Florida, has led to the arrest of 16 men who were working without a contractor’s license and without securing workers’ compensation insurance on their employees. The sting was led by the Manatee Sheriff’s office …