News Center
News – Insurance Journal
Arthur J. Gallagher & Co. Buys New Zealand’s Matt Jensen Insurance Brokers
Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of Taupo, New Zealand-based Matt Jensen Insurance Brokers Ltd. Terms of the transaction were not disclosed. Founded in 2005, Matt Jensen Insurance Brokers provides a comprehensive range …
POSTED OCTOBER 19, 2021 7:18 AM |
Herman Named Alabama’s Insurance Fraud Bureau Director
A veteran police officer and fire investigator has been named director of the state’s Insurance Fraud Bureau and assistant state fire marshal. Bill Herman began his career at the Montgomery County Police Department, then became a deputy state fire marshal, …
POSTED OCTOBER 19, 2021 5:26 AM |
Citizens Insurance Property Inspections To Soar in Next 4 Years
As part of its effort to reduce its ballooning exposure level and trim the number of policyholders, Florida’s insurer of last resort will increase its property inspections by almost 70-fold over the next four years — with plans to spend …
POSTED OCTOBER 19, 2021 5:10 AM |
Alabama Ups Fees for Captives, Adopts New Valuation Manual
The Alabama Department of Insurance has set new fees for captive insurers and has adopted a new valuation manual. The department announced last week that starting Jan. 1, the application fee for captive insurers will climb from $200 to $240. …
POSTED OCTOBER 19, 2021 5:08 AM |
U.S. Auto Safety Agency Faces Backlog of Rules and Missed Deadlines
After their 16-year-old daughter died in a car crash, David and Wendy Mills wondered whether she would be alive if federal rules on rear seat belt warnings had been issued on time. Four years later, with no rule and traffic …
POSTED OCTOBER 19, 2021 5:00 AM |
Up in the Air, Out-of-Practice Airline Pilots Are Looking Error-Prone
Back in the cockpit after time off recovering from Covid-19, an airline pilot forgot to start his plane’s second engine for takeoff, a mistake that could have ended in disaster if he hadn’t aborted the flight. Another pilot, fresh from …
POSTED OCTOBER 19, 2021 5:00 AM |
Gallagher Completes Acquisition of India’s Edelweiss Gallagher Insurance Brokers
Arthur J. Gallagher & Co., the Rolling Meadow, Ill.-based broker, announced it has completed its acquisition of Mumbai, India-based Edelweiss Gallagher Insurance Brokers Ltd. Financial details of the transaction, which was first announced in July, will not be disclosed. Gallagher …
POSTED OCTOBER 18, 2021 7:19 PM |
FWD Group’s $2 Billion Insurance IPO Stalls in U.S.: Sources
Billionaire Richard Li’s U.S. initial public offering of his Asian insurance group, FWD Group Holdings Ltd., is stalling amid regulators’ increasing unease over the long arm of the Chinese government, people with knowledge of the matter said. The acquisitive insurer …
POSTED OCTOBER 18, 2021 6:31 PM |
Paper Uncovers Major Security Flaw in Missouri State Database
Republican Gov. Mike Parson condemned one of Missouri’s largest newspapers for exposing a flaw in a state database that allowed public access to thousands of teachers’ Social Security numbers, even though the paper held off from reporting about the flaw …
POSTED OCTOBER 18, 2021 4:56 PM |
Ohio Lawmakers Push Sex Assault Lawsuit Bills That Would Lift Damage Caps, Time Limits
House Democrats are calling for action on legislation that would remove time limits restricting when sexual assault victims could file lawsuits against their perpetrator. The lawmakers are also urging that hearings be held on a bill that would lift caps …
POSTED OCTOBER 18, 2021 4:39 PM |
NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Union Colony Insurance confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.
|