INSURANCE NEWS
NFL Prospect Injured in Fatal Car Crash in Alabama
NFL prospect and former Louisiana wide receiver Michael Jefferson was involved in a fatal car accident in Mobile County. Jefferson’s agent, Jon Perzley, told ESPN that the player suffered injuries in the accident Sunday evening that required multiple operations. Perzley …
Goodyear’s 2nd-Largest Plant Still Recovering After Mississippi Tornado
Production at a large north Mississippi tire plant has ground to a halt in the wake of a damaging tornado, pausing operations at one of Goodyear’s largest production facilities in North America. Storms that dropped possibly dozens of tornadoes tore …
Torrential Rain Floods Parts of South Florida, Closing Schools, Airport, Rail Service
Nearly a foot of rain fell in a matter of hours in Fort Lauderdale – causing widespread flooding, the closure of the city’s airport, schools and the suspension of high-speed commuter rail service for the Broward County region. “Police and …
UK Law Firm Ince to Seek Sale, Amid Cash Concerns, Delays in Reporting Results
Legal and professional services firm Ince Group Plc plans to enter administration and pursue a sale of the company, it said on Wednesday, amid cash concerns and repeated delays in reporting its financial results. Ince’s directors applied to London’s High …
Thieves Blow Up German ATMs Every Day, With Attacks Rising 40%-Plus Since 2019
In the German town of Ratingen, exploding cash machines are a hot-button topic. Two got blown up early on the same morning last month, at branches of Santander and Deutsche Bank across the street from each other close to the …
Western Australia’s Iron Ore Export Hub Reopens as Cyclone Moves Inland
The key iron ore export hub of Port Hedland reopened after the biggest cyclone to hit Western Australia in at least a decade made landfall, with a major gold mine facing destructive winds as the storm moves inland. Port Hedland …
Howden Launches Marine & Energy Business in Norway, Led by Lund From WTW
Howden has launched a marine and energy business in Norway, led by Frode Lund from Willis Towers Watson, who will drive growth of the new initiative across the Nordic region. Frode will join Howden on Aug. 1, 2023, once he …
CSU Research Team Forecasts Slightly Below Average 2023 Hurricane Season
The hurricane research team at Colorado State University in its early forecast of the 2023 Atlantic hurricane season is predicting slightly below-average activity. The CSU Tropical Meteorology Project team is predicting 13 named storms during the June 1 to November …
Neurodivergence in the Workplace and Associated Employment-Related Considerations
Although coined in the late 1990s, the term “neurodivergent” has only recently risen to mainstream recognition, with some studies now claiming that up to one in five employees identify as neurodivergent. As employers begin to incorporate this into their vocabularies, …
Florida Commercial Insurer Capacity Insurance Now in Runoff, OIR Order Says
Less than a year after it announced it would stop writing new business in Florida, commercial carrier Capacity Insurance has been placed under administrative supervision and is now in an orderly runoff. The Florida Office of Insurance Regulation said in …
Hub Acquires Weiss-Schantz Agency in Pennsylvania
Global insurance broker Hub International Limited reports it has acquired the assets of Weiss-Schantz Agency in Pennsylvania. Located in Lehigh Valley and serving eastern Pennsylvania, Weiss Schantz is an independent insurance agency that serves commercial and municipal insurance clients Tim …
Global Watchdog Issues Blueprint for Banks to Report Cyberattacks
The G20’s financial watchdog on Thursday recommended a blueprint for banks to report cyberattacks in a common format in a bid to speed up responses to hacking and limit the fallout on financial stability. The Financial Stability Board (FSB), which …