INSURANCE NEWS
Tour Bus Rollover Kills 5 on Highway in Western New York
A tour bus returning to New York City from Niagara Falls with 54 people aboard crashed and rolled on its side Friday on an interstate highway, killing five passengers and injuring many others, authorities said. The driver apparently became distracted, …
Missouri’s Mutual Insurance Companies Report Stronger Results in 2024
The Missouri Department of Commerce and Insurance (DCI) announced the state’s mutual insurance companies reported a considerable reduction in net losses from $17.7 million in 2023 to just $4.8 million in 2024. In 2024, mutuals managed 205,000 policies representing more …
AM Best Revises Outlooks to Stable for Southern Farm Bureau Casualty Group
AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of Southern Farm Bureau Casualty Insurance Company, Colorado Farm …
Be Recognized as a Best Agency to Work For: Submit Now
Is your agency a great place to work? Would you call your agency a “Best Place to Work?” Then it’s time to nominate your agency for Insurance Journal’s “Best Agency to Work For” award. To nominate your agency, you must …
Rural California Wine Country Fire Burning Out of Control
Firefighters will battle intense heat and dry weather Friday as they work to control a fast-moving blaze in the heart of California’s wine country. The Pickett Fire exploded in the hills above the tourist town of Calistoga in the Napa …
People Moves: Aon Commercial Risk Promotes Smaje as Specialty Leader, Transportation & Logistics; MGA Optio Names Deloitte’s Hallett Head of Insurer Partnerships
This edition of International People Moves details appointments at the broker Aon and the MGA Optio Group. A summary of these new hires follows here. Aon’s Commercial Risk Business Promotes Smaje to Lead Transportation & Logistics Insurance broker Aon plc …
New Jersey Compensation Bureau Back Online After Cyber Incident
The New Jersey Compensation Rating & Inspection Bureau is mostly back online following a cybersecurity event that caused it to shut down its network more than two weeks ago. The workers’ compensation agency said it “experienced suspicious activity” on August …
Gymnastics Coach at Renowned Iowa Gym Accused of Sexual Abuse
The U.S. gymnastics world was only just recovering from a devastating sexual abuse scandal when a promising young coach moved from Mississippi to Iowa to take a job in 2018 at an elite academy known for training Olympic champions. Liang …
Postal Services Across Globe Pause US Deliveries as Tariff Shift Sows Confusion
Postal services across the world are suspending parcel deliveries to the US, citing confusion about how to process millions of low-value packages that will lose their duty-free treatment next week. As of Aug. 29, President Donald Trump is ending the …
Texas Lawmakers Advance Flood Bills With Grieving Parents in Attendance
Nearly seven weeks ago on July 4, the Guadalupe River raged out of its banks and killed more than 130 people, including two teenage counselors and 25 young girls at Camp Mystic who had been asleep in their cabins before …
US Halts Visas for Truck Drivers After Fatal Florida Crash
The US will stop issuing worker visas for commercial truck drivers, Secretary of State Marco Rubio said Thursday, the latest in a series of Trump administration moves to clamp down on foreign workers. “Effective immediately we are pausing all issuance …
People Moves: Marsh Names Global, US Aviation and Space Leaders; Ryan Appoints Ferguson CEO of US Assure
Marsh Appoints Glod as Global Head of Aviation and Space; Ambrose as Global Chairman; Kline to Lead US Aviation and Space Business Marsh appointed Brian Glod as global head of aviation and space and Tony Ambrose as global chairman of …