INSURANCE NEWS
People Moves: Drogin Cyber Leader at Mosaic; Loney to Lead Specialty Casualty at DUAL North America
David Drogin will lead cyber business growth in the U.S. as Mosaic Insurance‘s senior vice president, head of U.S. cyber. He will report to Global Head of Cyber Yosha DeLong. Drogin will be responsible for leading operational and growth strategy …
One Dead, 185 Structures Destroyed in Eastern Washington Wildfire
A wind-driven wildfire in eastern Washington state had destroyed at least 185 structures, closed a major highway and left one person dead over the weekend. The blaze began shortly after midday Friday on the west side of Medical Lake, about …
NAIC to Ask for Data to Better Understand Property-Market Availability, Affordability
The National Association of Insurance Commissioners said at its Summer National Meeting that it plans to collect data from insurers in order to help insurance regulators better understand property markets, especially when it comes to availability affordability. “The increasing frequency …
Family of NFL QB Haskins Reaches Settlement After Death on Florida Interstate
FORT LAUDERDALE, Fla. (AP) — The estate of late NFL quarterback Dwayne Haskins has reached a “partial settlement” in its lawsuit against the driver, the owner and the broker of the dump truck that struck and killed Haskins, the family`s …
Court Nixes Suit Over New Jersey Gun Liability Law, Says Challengers ‘Jumped the Gun’
A federal appellate court has dismissed a lawsuit challenging a New Jersey law that allows the state attorney general to bring “public nuisance” claims against gun manufacturers and others who market firearms. A three-judge panel with the 3rd U.S. Circuit …
Victims of Deadly Smoky Mountain Fire Get Another Chance at Lawsuits
GATLINBURG, Tenn. (AP) — Victims of a deadly 2016 wildfire that began in Great Smoky Mountains National Park before it burned through a Tennessee tourist town will have another chance to seek compensation from the federal government. Several lawsuits claim …
How Satellites Are Helping Farmers Adapt to Climate Crisis
When to harvest is one of the most crucial decisions a winemaker can make. Too early, and the result is bitter. Too late, and it’s overly sweet. It’s a delicate balance—one that’s increasingly being upended by the climate crisis. In …
Firefighters Curb Blazes Threatening 2 Canada Cities With More Hot Weather Expected
Firefighters kept wildfires at bay near the capital of Canada`s Northwest Territories as well as a threatened city in British Columbia, though no one claimed victory as forecasters warned that drier and windier weather was coming. For Saturday at least, …
Ukraine Weighs Using New Black Sea Export Corridor for Grain Shipments
Ukraine is considering using its newly tested wartime Black Sea export corridor for grain shipments after other cargo ships follow the first successful evacuation of a vessel on the route last week, a senior agricultural official said on Monday. Russia …
US Insurance Giant Marsh Set for $448 Million Honan Deal
Marsh has agreed to acquire Honan Insurance Group Pty Ltd. as the US insurance broker giant seeks to expand its presence in Australia and New Zealand. The Marsh & McLennan Cos Inc. unit has signed a deal to buy out …
Private Flood Insurers See Opportunity as NFIP Increases Rates
While the National Flood Insurance Program (NFIP) rolls out a new rating program generating premium increases for many policyholders, the private flood insurance market has seized the opportunity to grow its market share across the U.S., according to an issues …
National Drunk Driving Fatalities Surge in 2021
The number of national drunk driving fatalities increased in 2021, according to a new report by online driver education platform Zutobi. In its analysis, Zutobi shared that 13,386 deaths were attributed to drunk driving in 2021, accounting for 31% of …