INSURANCE NEWS
Texas Wildfire Conditions Seen Worsening After Brief Respite
Dry, windy weather that’s been fanning the worst Texas wildfire in almost two decades will return later this week after a brief respite of rain and snow. Fires raging across the Texas Panhandle have scorched homes and ranches, menaced an …
Howden Acquires Ireland’s Intersure Group
Howden, the London-based insurance intermediary group, announced it has acquired Intersure Group Ltd., trading as Intersure Group, further strengthening its ability to service the Irish insurance market, as it expands its geographical footprint across the country. Financial details of the …
St. Louis Suburb to Pay $4.5M Settlement Over ‘Debtors Prison’ Suit
ST. LOUIS (AP) — The St. Louis suburb where Michael Brown was fatally shot by a police officer has agreed to pay $4.5 million to settle a class-action lawsuit that accused it of operating a so-called debtors’ prison. The legal …
Google Hit With $2.3B Lawsuit by 32 European Media Groups
BRUSSELS – Alphabet’s Google was hit with a 2.1-billion-euro ($2.3 billion) lawsuit by 32 media groups including Axel Springer and Schibsted on Wednesday, alleging that they had suffered losses due to the company’s practices in digital advertising. Shares of the …
Insurance Journal’s Jergler Named Editor of Claims Journal
Claims Journal, a Wells Media Company, has named Don Jergler as editor. He succeeds Jim Sams who retired in January. Jergler has covered the insurance industry for over 20 years and holds multiple nominations and an AZBEE award from the …
Companies Walk ESG Tightrope, Under Fire From All Sides Over Disclosures
Since joining Asahi Group in 2020 as sustainability chief, Preeti Srivastav has helped the Japanese brewer make several environmental and social pledges but has not got it to disclose all its progress. Asahi said on Feb. 9 it had brought …
EU Lawmakers ‘Outraged’ After States Block Landmark ESG Law
A European Union law designed to clean up corporate supply chains has been derailed by the bloc’s biggest member states, forcing negotiators back to the drawing board on one of the most consequential pieces of ESG legislation ever attempted. The …
UnitedHealth Faces Antitrust Probe by US Justice Department
The US Department of Justice has initiated an antitrust investigation into UnitedHealth Group Inc., people familiar with the matter said Tuesday. The probe opens a new layer of scrutiny on the largest US health insurer that operates in pharmacy benefits, …
UnitedHealth Hackers Say They Stole ‘Millions’ of Records, Then Delete Statement
In a message posted to, and then quickly deleted from their darknet site, the hackers blamed for striking the UnitedHealth Group said on Wednesday they stole millions of sensitive records, including medical insurance and health data, from the company. In …
Woman Sues NFL Star Tyreek Hill, Says He Broke Her Leg in Backyard Football Drills
Miami Dolphins superstar Tyreek Hill has been named in a lawsuit by a model and social media influencer, who claims that Hill broke her leg after she knocked him backwards in an impromptu football instruction last year. Hall’s complaint, filed …
People Moves: Rex Joins Insurance Office of America’s Western Division Team
Insurance Office of America (IOA) named J.D. Rex to its Western division team. Based in Salt Lake City, Rex joins IOA as a risk management specialist focusing on the transportation industry. Before joining IOA, Rex was most recently president at …
FTP of California Rebrands as Hinterland Insurance, Moves Headquarters Amid Expansion
FTP of California LLC has rebranded to Hinterland Insurance and moved its headquarters to the Denver Tech Center in Colorado. The rebrand is part of a larger strategy to reflect the firm’s growing business in the U.S. The company continues …