INSURANCE NEWS
Yemen’s Houthi Rebels Claim Missile Attack on Dutch-Flagged Ship in Gulf of Aden
Yemen’s Houthi rebels claimed responsibility early on Wednesday for an attack this week that left a Dutch-flagged cargo ship ablaze and adrift in the Gulf of Aden, underlining the range of their weaponry and their campaign targeting shipping over the …
German Authorities Suspend Flights at Munich Airport Over Drone Sighting
German air traffic control said it suspended flight operations at Munich Airport Thursday evening after several drone sightings, affecting multiple departures and thousands of passengers at the country’s second-biggest hub. Seventeen departures were grounded, and 15 incoming flights were diverted …
Kansas Sues Snapchat for Deceptive Practices
Kansas Attorney General Kris Kobach announced that his office filed a lawsuit in Washington County District Court against social media company, Snap, Inc., the creator of the SnapChat platform. The lawsuit alleges that Snap has engaged in deceptive and unconscionable …
People Moves: USG Names Hernandez as Underwriter in Texas Office
USG Insurance Services, Inc. is pleased to welcome Jeremy Hernandez as an underwriter in its Houston, Texas office. Hernandez will be working under the leadership of Jodi Berger, Executive Vice President: Regional Manager. Hernandez brings with him a broad and …
Louisiana Farm Bureau Approved for Double-Digit Auto Rate Decrease
One of the largest auto insurers in Louisiana is implementing a double-digit rate decrease. Louisiana Insurance Commissioner Tim Temple has approved Louisiana Farm Bureau Casualty Insurance Company’s request for an 11.8% rate decrease, which takes effect Jan. 1, 2026. The …
Viewpoint: Avoid Data Indigestion With Harmonization
Insurance agencies and brokerages are drowning in data. It flows in from clients and prospects, through client servicing teams, and out to carriers, who also send back data for agents and brokers to process. Like many industries, ingesting data efficiently …
Brown & Brown Announces Roles Related to Risk Strategies Integration
Brokerage Brown & Brown announced updates to its retail segment leadership team as part of its ongoing integration efforts following the acquisition of Risk Strategies. The leaders from Risk Strategies listed below will join the existing retail segment leadership team …
Florida Reforms Are Truly Making a Difference, Gallagher Re Report Finds
If Florida’s insurance market needed more indication that 2022 legislative reforms have made a big difference in the cost of doing business in the state, one of the biggest names in reinsurance has provided it. “Clearly, it is time for …
Georgia High Court Sides with Slave Descendants on Island Zoning Changes
Georgia’s highest court on Tuesday sided with Black landowners in a fight over zoning changes that weakened long-standing protections for one of the South’s last Gullah-Geechee communities founded by freed slaves. The state Supreme Court unanimously reversed a lower court …
People Moves: California Commissioner Makes COIN Advisory Board, Curriculum Board Appointments
California Insurance Commissioner Ricardo Lara appointed Veronica Saldaña as the newest member of the California Organized Investment Network advisory board and Jason Meyerson to the curriculum board of the California Department of Insurance. COIN was established in 1996 within the …
People Moves: Protecdiv Promotes DelaCruz to Head of Analytics
Protecdiv Promotes DelaCruz to EVP. Head of Analytics Insurance and reinsurance brokerage Protecdiv, headquartered in Philadelphia, Pennsylvania, promoted Cate DelaCruz to executive vice president and head of analytics at Protecdiv. DelaCruz joined Protecdiv as senior director of analytics in May …
People Moves: Aon Names Srivastava as Reinsurance Global Chief Broking Officer; AXISTaps Hosking From AXA XL as Head of Distribution, Global Markets
This edition of International People Moves details appointments at Aon plc and AXIS Capital Holdings. A summary of these new hires follows here. Aon Names Srivastava as Reinsurance Global Chief Broking Officer Aon plc, a leading global professional services firm, …