Industry News

Insurance Journal

Florida Construction Worker Killed After Being Trapped Under Crane at Marina

Dec 17, 2018 Authorities say a construction worker was killed and another worker injured when a crane toppled at a marina on Florida’s Gulf Coast. Other...

FEMA Extends North Carolina Deadline for Florence Aid

Dec 17, 2018 Home and business owners suffering damages from Hurricane Florence are getting a little more time to request federal government aid. Gov. Roy Cooper announced Thursday...

Environmentalists Claim 11 Georgia Coal Plants Leaking Chemicals

Dec 17, 2018 A study by environmental groups says 11 coal powered plants in Georgia are leaking chemicals into ground water. The Atlanta Journal Constitution reported the...

Fitch Sees U.S. P/C Insurers Reducing Investments in Hedge Funds

Dec 17, 2018 U.S. property/casualty insurers’ investment position in other alternative investments as reported is concentrated within a few large insurers and is...

Best's Reviews

Arthur J. Gallagher CEO: Tight Job Market Raising Employee Costs

Dec 14, 2018 The tight job market is making it harder to recruit and fill positions at Arthur J. Gallagher today than just 18 months earlier, J. Patrick...

Former Equine Insurance Agent Pleads Guilty in $1.3 Million Fraud Scheme

Dec 14, 2018 An ex-insurance agent who specialized in selling insurance coverage to horse owners pleaded guilty to fraud charges in connection with a $1...

AM Best AP Managing Director: Asia Emerging as Center for Insurance-Linked Securities

Dec 14, 2018 Jose Ribeiro, managing director, Asia-Pacific, AM Best, said other sectors expected to grow in Asia include captive insurance...

Broker Network Names New Chief Executive Officer

Dec 14, 2018 Broker Network Ltd. has appointed Des O’Connor the next chief executive officer as the U.K. insurance brokerage group also announced the departure of Andy...

Claims Journal

Cleanup for Last Month’s Wildfires in California Could Top $3B

Dec 14, 2018 Insurance claims and cleanup costs associated with California wildfires last month are expected to exceed the record-breaking amounts paid out last year after blazes...

Washington Finishes Work on Bridge to Keep Wildlife Off Highway

Dec 14, 2018 Before descending the Cascade Mountains on its final stretch to Seattle, Interstate 90 cuts through a mountain pass of old growth forests and wetlands. For countless...

Valve Hole Set Off Wisconsin Refinery Blast, Fire

Dec 14, 2018 A hole in a valve was the source of an April explosion at a Husky Energy refinery in northwestern Wisconsin that injured 36 people and required the evacuation of a large part of...

More Than 100 Anchorage Buildings Deemed Unsafe to Enter After Quake

Dec 14, 2018 More than 100 homes and buildings in the Anchorage, Alaska, area have been found unsafe to enter because of damage caused by the magnitude 7.0 earthquake,...