INSURANCE NEWS

Texas Man Charged With Arson in 2018 Fire That Killed 5, Displaced 200 Others

SAN MARCOS, Texas (AP) – Officials in San Marcos, Texas, have named the man charged with intentionally starting a fire five years ago which killed five people and displaced 200 others. Jacobe De Leon O Shea Ferguson, of Austin, was …
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Fire Caused by Fireworks Kills 1, Injures 4 in East Texas

GILMER, Texas (AP) __ A man was killed and four other people were hurt after officials say a fireworks accident caused a large fire during preparations for an Independence Day event in East Texas. It was one of at least …
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Federal Disaster Funds Approved for North Dakota Flood Damage Following Record Snowfall

BISMARCK, N.D. (AP) – Federal disaster funding has been made available to North Dakota to deal with damages caused by major spring flooding following record snowfall. The money became available on Wednesday, when President Joe Biden approved North Dakota Gov. …
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Norfolk Southern: Other Companies Should Share Blame in Fiery Ohio Derailment

OMAHA, Neb. (AP) – Norfolk Southern says the owner of the rail car that caused the fiery Ohio derailment in February failed to properly maintain it in the years before the crash, and the railroad wants to make sure that …
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Wisconsin Officials Probe How Roller-Coaster Riders Became Trapped Upside For Hours

CRANDON, Wis. (AP) – State officials are investigating how eight people became trapped upside down on a roller coaster – some of them for more than three hours – at a festival in Wisconsin. The roller coaster`s cars got stuck …
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Norfolk Southern Looks to Others to Share Blame in February Derailment

Norfolk Southern says the owner of the rail car that caused the fiery Ohio derailment in February failed to properly maintain it in the years before the crash, and the railroad wants to make sure that company and the owners …
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Q2 Commercial P/C Rates Hold; Personal Lines Slightly Decrease: MaketScout

Like the first quarter of 2023, the composite rate for U.S. commercial property/casualty lines increased 5% in the second quarter, according to MarketScout’s Market Barometer. The Dallas-based distribution and underwriting company, a division of Novatae, said most lines of coverage …
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Kentucky Public Adjusters Must Now File Template Contracts with DOI

Public adjusters in Kentucky must now file template contracts with the state Department of Insurance. House Bill 232, signed by the governor in March, took effect at the end of June. It placed new restrictions on public claims adjusters, including …
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People Moves: Swiss Re Taps AGCS’s Shahkarami as Head P&C Solutions; BMS Re Hires 3 for Fac Team; QBE Canada Hires Liberty Mutual’s Mason as U/W Mgr, Property

This edition of International People Moves details appointments at Swiss Re, BMS Re, and QBE Canada. A summary of these new hires follows here. Swiss Re Taps AGCS’s Shahkarami as Head P&C Solutions Swiss Re has appointed Ali Shahkarami as …
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Canada’s Record Wildfire Season Set to Worsen as Heat Builds

Canada is bracing for higher-than-normal wildfire activity to continue into August, as soaring temperatures and drought turn much of the country’s vast forests into kindling. The Canada fire season, which normally runs from April to September, is barely half over …
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Tampa Installer Banned for Life After Leaving Hundreds of Pools Unfinished

Florida’s attorney general has taken extraordinary measures against a Tampa-based pool company, shutting down the company and securing a lifetime business ban against the owner, who left hundreds of swimming pools unfinished around the area. In a consent judgment in …
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World Sees Hottest June on Record as North Atlantic Temperatures Rise

Last month was the warmest June of the past three decades globally, with several places in western Europe hitting all-time records for the month, according to a report by Europe’s earth observation agency Copernicus. Ocean temperatures also rose to their …
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