INSURANCE NEWS

Illinois Wrong-Way Crash Kills 7, Including 5 Children

A crash involving a wrong-way car on an interstate in northern Illinois left seven people dead Sunday, including five children, authorities said. The crash occurred around 2 a.m. on Interstate 90 in McHenry County, roughly 50 miles (80 kilometers) from …
Read More

Missouri Insurance Department to Assist Residents After St. Louis Flooding

Missouri Department of Commerce & Insurance announced that consumer specialists will be at Multi-Agency Resource Centers (MARC) to assist residents impacted by recent flooding in the St. Louis region. The specialists will be at these locations: Tuesday (August 2)3 p.m. …
Read More

Miami, Like Connecticut, Installing Smart Signs to Prevent Wrong-Way Drivers

Miami-Dade County officials, like Connecticut authorities, are investing heavily in new, flashing road signs after a spate of wrong-way crashes on highways. The Miami-Dade Expressway Authority this week announced a $2.3 million project to erect smart signs on five expressways …
Read More

Flash Flooding Closes Roads into Death Valley National Park

Roads in and out of Death Valley National Park were closed after lanes mud and debris inundated lanes during weekend flash floods in eastern California, western Nevada and northern Arizona. Storm cells dumped localized heavy rain across the region, prompting …
Read More

2 Bodies Found Inside Vehicle in Path of Big California Wildfire

Authorities said two bodies were found inside a burned vehicle in the path of a raging Northern California wildfire that is one of several major blazes burning across the U.S. West amid hot, dry, gusty conditions. The McKinney Fire exploded …
Read More

Boy Scouts Ruling Threatens $250 Million Abuse Deal With Mormons

The Boy Scouts of America may be forced to cut $250 million from its proposal to set up a trust fund for sex abuse victims after a judge rejected a key provision of a deal the youth group signed with …
Read More

Maryland’s Wage Law Can Cover Travel Required by Employer, Court Finds

Maryland’s wage and hour law may extend beyond the time an employee spends at a prescribed workspace to include time spent getting to the work site using transportation required by the employer, Maryland’s highest court has decided. In a 7-0 …
Read More

Markets/Coverages: Sayata Adds CFC to Platform; Cowbell Cyber Partners With Amwins

Boston-based Sayata said it has added CFC to the Sayata platform, offering brokers full access to CFC’s award-winning cyber insurance offering for small and medium businesses (SMBs). CFC’s cyber insurance solution offers proactive threat intelligence to help customers identify and …
Read More

Floods, Storms Drive Global Insured Catastrophe Losses of US$38B in H1 2022: Swiss Re

A series of winter storms in Europe, record floods in Australia and South Africa as well as a high number of thunderstorms in the U.S. and Europe resulted in US$35 billion of insured losses from natural catastrophes in the first …
Read More

Howden’s Aston Lark Ireland Acquires Sparrow Insurances

Aston Lark Ireland, the insurance broker that recently became part of Howden Broking Group, announced the acquisition of Sparrow Insurances Ltd. Financial details of the transaction were not disclosed. Sparrow Insurances has a history of success and growth across Leinster …
Read More

Jensten Group Acquires UK MGA Origin UW

The Jensten Group, the London-based independent insurance broking group, has completed the acquisition of Origin UW Ltd., following regulatory approval. Origin UW is a boutique managing general agent that provides commercial insurance solutions for SME businesses and professionals. Origin specializes …
Read More

England Records Driest July Since 1935 Amid Searing Heat Wave

England had the driest July since 1935 amid a searing heat wave that pushed infrastructure to the brink and severely disrupted travel. The unusually dry weather came as temperatures rose above 40 degrees Celsius (104 Fahrenheit) for the first time. …
Read More