INSURANCE NEWS
Wisconsin Officials Recall Eggs After Salmonella Outbreak
Wisconsin health officials initiated a recall of eggs following an outbreak of salmonella infections among 65 people in nine states that originated on a Wisconsin farm. The Wisconsin Department of Health Services said in a statement Friday that among those …
Zurich, Marsh McLennan Call for Public Partnerships Close Cyber Gaps
A new report from Marsh McLennan and Zurich titled “Closing the cyber risk protection gap” is calling for a closer collaboration between the insurance industry and the public sector as cyber insurance coverage gaps remain. “Both the insurance industry and …
Google Abusing Power Over Website Ads, UK Regulator Says
Britain’s antitrust regulator said on Friday it had provisionally found Alphabet’s Google had abused its dominant position in digital advertising to restrict competition. The Competition and Markets Authority (CMA) said it believed Google was using anti-competitive practices in open display …
‘Sustainable’ Logging Operations Are Clear-Cutting Canada’s Climate-Fighting Forests
With its vast expanses of forest, Canada has the most “certified” sustainable timber operations of any nation, according to the nonprofit organizations that attest to the environmental soundness of logging practices. Such forestry-standards groups were born in the 1990s out …
Brokerage Giants Aon, Marsh Unite In Call for Industry Aid to Ukraine
Highlighting the existence of blanket exclusions in reinsurance contracts for risks originating in the region impacted by the ongoing Russia Ukraine conflict, Aon and Marsh McLennan are jointly calling for their removal. In a joint statement issued on Sunday, the …
Louisiana Launches Lottery System for Fortify Homes Program Grants
The Louisiana Department of Insurance announced that registration for the next round of Louisiana Fortify Homes Program (LFHP) grants will open at 8 a.m. on Wednesday, September 18, and close at 5 p.m. on Friday, September 20. While previous grant …
Contractor Agrees to Iowa Consent Order Regarding Unlicensed Public Adjusting
The Iowa Insurance Division entered into a consent order with a Midwest roofing contractor on Sept. 5 following a June cease and desist order against contractors acting as unlicensed public adjusters. IID alleges that AmeriPro Roofing solicited business to Greenfield, …
Drought Shrivels the Mississippi River and Threatens to Disrupt US Food Exports
Drought across the central US is shrinking the Mississippi River, sending barge rates soaring and threatening to roil shipments of everything from corn to gasoline. Dry conditions across the Ohio River basin, which feeds the Mississippi, have worsened already low …
London’s ExCel Centre Wins Insurance Appeal Over COVID-19 Losses
The owners of London’s ExCel conference center on Friday won an appeal brought by insurers, including Allianz, over pandemic-related losses, which its lawyers said could help thousands of other policyholders. London International Exhibition Centre Plc took legal action at London’s …
Collision Between Jail Transport Van and Vehicle Injures 19 in Illinois
ROUND LAKE, Ill. (AP) — Nineteen people have been hurt after a jail transport van collided Wednesday with another vehicle and struck a pole in northeastern Illinois. Sixteen prisoners were in the van that was traveling to the McHenry County …
As Traffic Deaths Remain High, US Awards $1 Billion for Road Safety Projects
The U.S. Transportation Department said on Thursday it is awarding $1 billion for a series of projects aimed at reducing traffic crashes, as road deaths remain sharply higher than pre-pandemic levels. The department separately on Thursday estimated that 18,720 people …
Blue to Become CEO of Alera Group in 2025
Alera Group said its president, Jim Blue, will become the firm’s chief executive officer, effective January 1, 2025. Blue will succeed Alan Levitz, who will become Alera Group’s Executive Chairman. Levitz’ focus will include identifying strategic partners to help advance …