INSURANCE NEWS
Texas Congresswoman Wants Legal Status for Migrant Construction Workers
U.S. Rep. Monica De La Cruz promised to explore new ways for migrants to work legally in the construction industry. The Edinburg Republican announced on Monday her plans to meet with the U.S. Department of Labor, after South Texas builders …
People Moves: IICF Names Marohn Chair, McDonough Vice Chair of Board of Governors; AXA XL Promotes Stitham to CUO, Casualty, Americas
Insurance Industry Charitable Foundation Announces Marohn as Chair of IICF Board of Governors The Insurance Industry Charitable Foundation (IICF) named Steve Marohn, president, commercial lines at Grange Insurance, as chair of IICF’s board of governors. Adam McDonough, executive vice president …
Insurance Journal Opens Nominations for Annual Agents of the Year Awards
Insurance Journal is now accepting nominations for its annual Agents of the Year awards, which recognize top-performing property/casualty insurance agents and producers across the industry. The awards program highlights professionals who demonstrate exceptional expertise, leadership, and career achievement within their …
Goldman Sachs Warns US Grids Face Power Crunch by 2030
Almost all US power grids will lack critical spare capacity by 2030 as demand surges to supply data centers, with bottlenecks threatening to hand China an edge in the artificial-intelligence boom, according to an analyst at Goldman Sachs Group Inc. …
Fire Safety Inspections Lapsed for Years at Swiss Bar Where 40 Died in New Year’s Blaze
Fire safety inspections hadn’t been carried out since 2019 at the Swiss bar where a fire at a New Year’s party left 40 people dead and over 100 injured, local authorities said Tuesday. Investigators have said they believe sparkling candles …
People Moves: Patriot Growth Appoints Rogers: Alliant Adds Lowe
Patriot Growth Insurance Services, headquartered in Fort Washington, Pennsylvania, appointed Tom Rogers as chief sales officer. Rogers leads Patriot’s sales strategy and new-business growth initiatives, focusing on producer performance, sales infrastructure, and long-term, sustainable growth across the organization. Rogers has …
Less Than A Dozen Homes Have Been Rebuilt A Year After LA Wildfires
On the first anniversary of the most destructive wildfires in the L.A. area, the scant home construction projects stand out among the still mostly flattened landscapes. Fewer than a dozen homes have been rebuilt in Los Angeles County since the …
Minneapolis Cancels School as Killing Fuels Anti-ICE Protests
The investigation into the killing of a U.S. citizen by an ICE agent in Minneapolis this week is being complicated by clashes between federal and local officials, with the FBI taking control over the objections of Governor Tim Walz. State …
Abbott Names Crawford Texas Insurance Commissioner
Texas Gov. Greg Abbott named Amanda Crawford Commissioner of Insurance to replace Cassie Brown. Brown retired after more than four years overseeing the Texas Department of Insurance. Crawford was appointed for a term set to expire on Feb. 1, 2027. …
Volvo Cars Recalls Over 413,000 US Vehicles Due to Rearview Camera Issue
Swedish automaker Volvo Cars is recalling 413,151 vehicles in the United States over an issue with the rearview camera, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Thursday. The software will be updated by a dealer or through …
Markets/Coverages: CFC Offers Customer BI for SMEs; Amwins SRU Launches Primary Construction Casualty Program
Specialist insurer CFC, said it launched a new extension to its Cyber Proactive Response cover for small- to medium-sized enterprises. Customer business interruption responds to contingent business interruption (BI) events, delivering protection for SMEs facing financial loss as a result …
Google, AI Firm Settle Florida Mother’s Lawsuit Over Son’s Suicide
Alphabet’s Google and artificial-intelligence startup Character.AI have agreed to settle a lawsuit from a Florida woman who alleged a Character chatbot led to the suicide of her 14-year-old son, according to a Jan. 7 court filing. The filing said the …