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Tag: insurance-journal

Markets/Coverages: Howden Launches Carbon Capture and Storage Insurance Facility
Insurance Journal | January 29, 2024
Markets/Coverages: Howden Launches Carbon Capture and Storage Insurance Facility
Howden, the London-based global insurance group, announced an insurance facility that covers the leakage of carbon dioxide (CO2) from commercial-scale carbon capture and storage (CCS) facilities. The insurance facility, designed by Howden and led by SCOR’s syndicate at Lloyd’s, provides …
People Moves: BevCap Promotes Bossier to President
Insurance Journal | January 29, 2024
People Moves: BevCap Promotes Bossier to President
BevCap Management, a provider of risk management solutions, announced the promotion of Matthew Bossier, ARM to the position of President, Property & Casualty. In his new role, Bossier will be responsible for leading and overseeing the strategic direction of the …
New Orleans to Activate Citywide Freeze Plan Ahead of Extreme Winter Weather
Insurance Journal | January 19, 2024
New Orleans to Activate Citywide Freeze Plan Ahead of Extreme Winter Weather
The City of New Orleans announced that they will activate a citywide freeze plan in anticipation of the extreme winter weather expected to bring dangerously low temperatures below freezing starting Jan. 19. The National Weather Service (NWS) predicts that there …
Medical Experts May be Needed, Even in Negligence Claims – Kentucky Supreme Court
Insurance Journal | January 19, 2024
Medical Experts May be Needed, Even in Negligence Claims – Kentucky Supreme Court
When a baseball umpire, well-traveled in college conferences, went to a hospital for X-rays on his surgically repaired ankle in 2015, a hospital attendant pushing the ump’s wheelchair accidentally bumped his foot against a desk. The question that has percolated …
Cold Weather Causes More Than 60 Oil Spills in North Dakota
Insurance Journal | January 19, 2024
Cold Weather Causes More Than 60 Oil Spills in North Dakota
BISMARCK, N.D. (AP) — Bitter cold weather is causing a rash of spills in the oil fields of North Dakota as well as a slowdown in production, regulators say. North Dakota has seen multiple days of frigid weather with windchills …
People Moves: Atain Names Dassow VP, Head of Primary Liability; WSIA Names New Secretary and Director Following Maner’s Retirement
Insurance Journal | January 19, 2024
People Moves: Atain Names Dassow VP, Head of Primary Liability; WSIA Names New Secretary and Director Following Maner’s Retirement
Atain Names Dassow VP, Head of Primary Liability Atain Insurance Companies, headquartered in Farmington Hills, Mich., hired Tom Dassow as vice president and head of primary liability, leading Atain’s newly formed general liability brokerage unit. Most recently, Dassow led CM …
Five Companies Agree to $7.2 Million Settlement for Polluting Two Ohio Creeks
Insurance Journal | January 10, 2024
Five Companies Agree to $7.2 Million Settlement for Polluting Two Ohio Creeks
TOLEDO, Ohio (AP) — Five companies have agreed to pay the federal government more than $7.2 million overall to resolve claims stemming from longstanding pollution in two adjacent creeks in the Maumee River watershed in northwestern Ohio. The settlement with …
Retail Mortgage Lender loanDepot Struggles With Cyberattack
Insurance Journal | January 10, 2024
Retail Mortgage Lender loanDepot Struggles With Cyberattack
The U.S. retail mortgage lender loanDepot is struggling to recover from a cyberattack that impacted its loan processing and phone service. In a filing on Monday with the Securities and Exchange Commission, the company said data was encrypted by the …
Markets/Coverages: Aspen Partners With Surefire Cyber to Offer Cyber Risk Services
Insurance Journal | January 10, 2024
Markets/Coverages: Aspen Partners With Surefire Cyber to Offer Cyber Risk Services
Aspen Insurance Holdings Ltd. has partnered with Surefire Cyber to launch Aspen Cyber Risk Services (ACRS), a complimentary suite of services that will enable its primary cyber insureds to proactively tackle cybersecurity threats, from pre-incident to response and resilience. This …
Progressive Files for 19.78% Auto Insurance Rate Increase in West Virginia
Insurance Journal | January 10, 2024
Progressive Files for 19.78% Auto Insurance Rate Increase in West Virginia
Less than a month after Farmers Direct Insurance filed for a hefty rate increase on West Virginia auto liability policies, Progressive has followed suit with an almost identical request. The West Virginia insurance commissioner posted a bulletin Tuesday, noting that …