Insurance
Weston, UPC Louisiana Policyholders Given 60 Additional Days to Place Policies with Citizens
Insurance Commissioner Jim Donelon announced Tuesday that Louisiana Citizens will provide an additional 60 days after cancellation for insurance agents to place Weston Property & Casualty Insurance Company policies with Citizens while maintaining coverage for policyholders. Weston, a Florida insurer …
Read More Shooting Injuries 3 Outside Chicago-Area Amusement Park
Three people were injured in a shooting outside a Chicago-area amusement park’s entrance that sent visitors scrambling for safety and prompted the park to close early, authorities said. Officers responded about 7:50 p.m. Sunday after 911 calls reporting shots fired …
Read More Peoples Moves: AXA XL Promotes Lahrmann as Senior Property U/W, UK & Lloyd’s; Chubb Global Markets Hires Audis From Nexus as General Aviation U/W
This edition of International People Moves details appointments at AXA XL and Chubb Global Markets. A summary of these new hires follows here. AXA XL Promotes Lahrmann as Senior Property Underwriter, UK & Lloyd’s AXA XL Insurance announced it has …
Read More Gas Explosion at Missouri Home Kills 1, Injures 9
A gas explosion Monday at a southeast Missouri home killed one person and injured nine others, authorities said. The explosion happened around 7 a.m. in Wyatt, a town of about 280 people that’s about 130 miles (210 kilometers) south of …
Read More Skywest Airlines Sued for Sex Discrimination at Dallas Operation
SkyWest Airlines violated federal law by subjecting a female parts clerk to sexual harassment, the U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit. According to the EEOC’s lawsuit, explicit sexual conversations and conduct were a daily feature of …
Read More 4 Michigan Counties Under State of Emergency After Main Break
Gov. Gretchen Whitmer has declared a state of emergency for four southeastern Michigan counties following a water main break that led to a boil-water advisory for several communities. Whitmer issued the emergency declaration Sunday for Lapeer, Macomb, Oakland, and St. …
Read More U.S. Traffic Deaths Hit 20-Year-High in Early 2022
U.S. traffic deaths jumped about 7% in the first three months of 2022 to 9,560, the highest number of people killed on American roads in a quarterly period since 2002, regulators said on Wednesday in a preliminary estimate. Traffic deaths …
Read More Georgia’s MagMutual to Acquire New Jersey-Based MDAdvantage Insurance
MagMutual Insurance Co. and MDAdvantage Holdings Inc. have reached an agreement for MagMutual, headquartered in Atlanta, to acquire MDAdvantage Insurance Co., based in New Jersey. MDAdvantage, according to AM Best, is one of the top three providers of medical professional …
Read More FDA Says Faulty Philips Device Reports Accelerating as CEO Departs
The U.S. Food and Drug Administration (FDA) said reports of faulty Philips ventilators and sleep apnea machines had risen in the past quarter, underlining problems facing the Dutch company, which has just announced plans to replace its CEO. Philips says …
Read More Ocean Re Buys UK-Based Oceva Risk Solutions
Ocean International Reinsurance Co. Ltd. (Ocean Re), a Barbados-based reinsurer, announced it has acquired Oceva Risk Solutions Ltd., a London appointed representative that sources reinsurance, insurance, fronting and risk transfer business from the UK, Europe and internationally for the group. …
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