INSURANCE NEWS
Americans Bake in Record-Breaking Heatwave
Some 100 million Americans from New York City to Las Vegas are under heat warnings this week as temperatures rise well above 100 Fahrenheit (38 Celsius), part of a trend of extreme weather made worse by climate change. New York …
NHL Stymied by Judge in Its Pursuit of Billions From Insurer for COVID Damages
The National Hockey League can pursue a lawsuit against its insurance provider over losses stemming from the COVID pandemic — but not for the billions of the dollars in damages the league’s 19 clubs sought. California Superior Court Judge Sunil …
Fired Southwest Airlines Flight Attendant Wins $5.1 Million Verdict
DALLAS (AP) — A former Southwest Airlines flight attendant who was fired after sparring with her union president over abortion and other issues won a $5.1 million jury verdict against the airline and the union. A jury in federal district …
North Dakota Ending Ban on Poultry Events
North Dakota animal health officials are ending a ban on poultry events that was instituted when bird flu was on the rise. However, the decision by the State Board of Animal Health comes too late for State Fair poultry exhibits …
People Moves: Ryan Specialty Names Bodell as CIO; Core Specialty Adds 3 Underwriters in Cincinnati
Ryan Specialty Names Bradley Bodell as Chief Information Officer Ryan Specialty Holdings, Inc named Bradley Bodell as chief information officer. In this role, Bodell will lead Ryan Specialty’s technology and security teams and be responsible for developing the vision, strategy …
People Moves: BHSI Enters Swiss Mkt., Names Metzger as Country Mgr.; AXA XL Promotes Shing for Casualty; Swiss Re Corporate Builds Inherent Defect Ins. Team
This edition of International People Moves details appointments from three insurers: Berkshire Hathaway Specialty Insurance (BHSI), AXA XL and Swiss Re Corporate Solutions. A summary of these new hires follows here. BHSI Enters Swiss Market, Names Metzger as Country Manager …
People Moves: DOXA Names Robbins to Lead Sales Force in Texas; McGriff Hires Fulbright in Houston
DOXA Insurance Holdings Names Michael Robbins to Lead Sales Force in Texas DOXA Insurance Holdings announced the appointment of Michael Robbins, CIC, to lead the company’s sales force in Texas as regional sales director, headquartered in Dallas. Robbins, a 14-year …
Wildfire Burns Homes Around North Texas Lake
A wildfire has burned several homes and prompted calls for voluntary evacuations around a lake in north Texas amid sweltering temperatures and dry conditions, authorities said. The fire at Possum Kingdom Lake about 95 miles (153 kilometers) west of Dallas …
Insurers Want Safety Assurances Before Covering Ships Sailing via Ukraine Grain Corridor
Insurers will only be willing to cover ships sailing through a proposed corridor to get Ukrainian grain out if there are arrangements for international navy escorts and a clear strategy to deal with sea mines, underwriters and brokers say. Russia, …
Low Water Levels in Rhine River Could Have Similar Hit on German Economy as 2018
Low water levels in the Rhine river may have a similar impact on German economic output as they did in 2018, according to Berenberg. That was the last year in which the river — a key waterway that’s critical for …
California Social Media Addiction Bill Drops Parent Lawsuits
A first-of-its-kind proposal in the California Legislature aimed at holding social media companies responsible for harming children who have become addicted to their products would no longer let parents sue popular platforms like Instagram and TikTok. The revised proposal would …
6 People Killed in Montana Highway Crash During Dust Storms
A 3-year-old and two other children were among the six people killed in a pileup last week on a Montana highway during blackout conditions caused by dust storms, officials said. Three of the six people who died in the crash …