Insurance
People Moves: Brown & Riding Names Kane to National Casualty Practice
Brown & Riding to announced that Abe Kane has joined its National Casualty Practice. With over 20 years of industry experience, Kane specializes in casualty solutions for public entities and higher education institutions. His background spans underwriting, reinsurance, and specialty …
Read More War Risk Insurance Costs Surge for Southern Red Sea Voyages After Houthi Attacks
The insurance cost of shipping goods through the southern Red Sea doubled for some companies on Thursday, after Yemen’s Iran-aligned Houthis attacked at least one tanker overnight, sources said. The Houthis said their forces had carried out missile and drone …
Read More Florida Appeals Court Strikes Jury’s $335,000 Award in Universal Plumbing Claim
One of Florida’s largest property insurers won a major victory Wednesday from an appeals court, which found that a jury’s $335,000 award in a claims dispute over plumbing damages was far out of line with the evidence. “The verdict was …
Read More Eight Sentenced in $1.2M Travel Insurance Fraud Scheme
Eight people have been sentenced to prison for their roles in a $1.2 million travel insurance fraud kickback scheme, the U.S. Attorney’s Office, Southern District of Indiana announced. According to court documents, Jennifer Fleener devised a scheme in 2016 to …
Read More Tech Update: Gallagher Enhances Digital Insurance Platform for Aviation Clients
Insurance broker Gallagher has relaunched its aviation insurance web portal — Jacinth — which provides clients with an interconnected insurance management system. The new enhanced digital platform is designed to help clients drive efficiency and offers analytical insights on their …
Read More Wildfires Force France to Evacuate Tourists From Campsites
Wildfires forced French authorities to evacuate some 20,000 residents and tourists from an area southwest of Bordeaux, after successive heat waves created tinderbox conditions. Hundreds of firefighters are battling blazes that have so far burned 3,100 hectares in the Bassin …
Read More Federal Judge Casts Doubt on 69,000 Cases Alleging J&J Talc Caused Cancer
A federal judge cast doubt on July 22 on claims by approximately 69,000 people alleging that Johnson & Johnson’s JNJ.N baby powder and other talc products caused ovarian cancer, saying plaintiffs must provide more specific evidence or risk having their …
Read More Hacker Breaches South Korean Database of Nearly All Diplomats
South Korea has been hit by a “significant” data leak that could affect all of its diplomats following a breach at a government-run training academy. A system that held roughly 10,000 records of current and retired diplomats is believed to …
Read More Root Expands Its Telematics Car Insurance to New Jersey, Its 37th State
Technology-driven insurer Root has launched its behavior-based car insurance in New Jersey, marking its 37th state. Using mobile telematics, Root calculates its rates primarily on actual driving performance, such as focused driving, smooth braking, and gentle turns. The system can …
Read More Mexican Man Killed After ICE Encounter in Florida Was on Vacation, Officials Say
A Mexican man who was struck and killed by a tractor trailer in Florida after running from federal immigration officers was vacationing in the U.S. and had a tourist visa, according to a Mexico official and a group assisting his …
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