INSURANCE NEWS
Germany Sees Russian Covert Attacks as Prelude to Wider Conflict
Russia is intensifying covert attacks on key infrastructure in Germany in a campaign of hybrid warfare that Berlin views as a possible prelude to a wider conflict, according to a military document obtained by Bloomberg. As Germany positions itself as …
Oil Tankers Sail From Venezuela With no Flag or Safety Documents, Shipping Data Show
Tankers loaded with Venezuelan crude and fuel that left the country’s waters in recent days are sailing in international waters without a known flag or ship safety documentation in place, shipping data showed. The location of the vessels is unknown …
High-Net-Worth Provider PCS Gets Former PURE CEO Buchmueller as Chairman
Ross Buchmueller, founder and former CEO of PURE Insurance, will be joining the board of managing general underwriter Private Client Select Insurance Services as chairman. Buchmueller announced Jan. 5 on LinkedIn that he agreed to serve as chair of the …
Former Exec Sues Insight Partners for Being ‘Impossible for Women’
A former vice president at Insight Partners has sued the venture capital firm for wrongful termination and gender discrimination, accusing the prominent investor of keeping women from its highest levels. Katherine Lowry, a consultant and tech company strategist who joined …
SCDOI Says Uninsured Motorist Fund Payments Should be Considered ‘Other Income’
Auto insurers in South Carolina should soon start receiving checks from the state to help defray the cost of providing uninsured motorist coverage, but carriers must properly calculate and account for the money. The state Department of Insurance announced in …
Viewpoint: Georgia Reforms May Reshape Markets in Unintended Ways
Georgia lawmakers enacted two consumer-focused statutes that have gone into effect with the New Year that acknowledge and address one simple, but critical fact of life: Time is money. Approved by legislators in May 2025, Georgia Act 277 makes a …
People Moves: Alliant Hires Ellison as SVP, Employee Benefits
Jason Ellison has joined Alliant Insurance Services as senior vice president within its employee benefits group. Based in Nashville, Tennessee, Ellison will serve a national client base, providing strategic guidance across all aspects of employee benefits and total rewards programs. …
People Moves: Novatae Group Names Juergens as CFO
Novatae Risk Group, the wholesale insurance business of World Insurance Associates, announced that Walter Juergens has joined the company as its new chief financial officer. In this role, Juergens will be responsible for all aspects of the company’s financial management, …
Illinois USPS Employee Indicted for Alleged Workers’ Comp Fraud
A United States Postal Service employee has been indicted on federal fraud charges for allegedly collecting augmented workers’ compensation benefits to which she was not entitled, the U.S. Attorney’s Office, Northern District of Illinois announced last month. Graciela Venegas, 66, …
Illinois Hospital System Sued for Religious Discrimination
Advocate Aurora Health, an Illinois-based hospital system, violated federal law when it refused to accommodate a nurse’s religious beliefs and fired her for failing to receive a COVID-19 vaccination, the U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit …
Inszone Acquires Texas’ Bierschwale-Rees Insurance
Inszone Insurance Services announced its further expansion in Texas through the acquisition of Bierschwale-Rees Insurance, a long-established independent insurance agency based in Fredericksburg, Texas. Bierschwale-Rees Insurance traces its roots to 1903, making it one of the oldest continuously operating insurance …
Insurance Payments Now at $22.4B From LA Wildfire One Year Ago
Insurers have paid more than $22.4 billion on tens of thousands of claims from the Los Angles wildfires that broke out a year ago on Jan. 7. The claims data, which comes from the California Department of Insurance, shows the …