Industry News

Insurance Journal

People Moves: Morisato joins Sentry Board of Directors

Apr 25, 2024 Susan Morisato has joined Sentry’s Board of Directors. Sentry is headquartered in Steven’s Point, Wisconsin. Morisato, based in Des Plaines, Illinois, brings...

SageSure and SURE Close $130 Million Gateway Re 2024-2 Catastrophe Bond

Apr 25, 2024 SageSure, a managing general underwriter focused on catastrophe-exposed markets, and SureChoice Underwriters Reciprocal Exchange (“SURE”),...

Viewpoint: Insurance Sector Adopts Easy-to-Use Technology for Digital Transformations

Apr 25, 2024 Upgrading or changing legacy platforms and enterprise software can be a nightmare to disentangle, particularly when dealing with...

McKinsey Faces US Criminal Probe Over Opioids Work, Sources Say

Apr 25, 2024 McKinsey & Co is under criminal investigation in the United States over allegations that the consulting firm played a key role in fueling the opioid epidemic,...

Claims Journal

Survey: Most Small Businesses Provide Regular Safety Training to Employees

Apr 25, 2024 A new report on small business owners’ workers’ compensation insurance-buying habits and risk exposures found that 95% offer regular safety...

Farm Bureau Must Defend Insured in Deadly Legionnaires’ Disease Outbreak in Carolina

Apr 25, 2024 What started out as festive time at the North Carolina Mountain State Fair in 2019 ended with 96 people hospitalized with Legionnaires’...

Report: National Security Risks Grow with Demand for Nuclear Energy

Apr 25, 2024 Risks associated with nuclear energy such as the proliferation of nuclear weapons, nuclear terrorism, sabotage, coercion and military operations can all be...

Jury Rules BNSF Contributed to 2 Deaths in Montana Town Where Asbestos Sickened Thousands

Apr 25, 2024 A federal jury said BNSF Railway contributed to the deaths of two people who were exposed to asbestos decades ago when tainted mining...

Best's Reviews

NY Governor Moves to Ban Insurers From Denying Landlords Coverage Due to Low-Income Tenants

Apr 24, 2024 New York Gov. Kathy Hochul enacted a $237 billion state budget that includes language prohibiting insurers from denying...

Former AIG Exec Appointed BMS Re US Chief Operating Officer

Apr 24, 2024 BMS Re appointed former American International Group Global Chief Operating Officer of Reinsurance John Canavan as its U.S. COO. He will direct digital...

California Hospital Association Sues Anthem Blue Cross for Violating State's Patient Protection Laws

Apr 24, 2024 The California Hospital Association filed a lawsuit against Anthem Blue Cross, claiming it consistently...

Ping An Posts Lower First-Quarter Profit on Guarantee Insurance, Weather Effects

Apr 24, 2024 Ping An (Group) Co. of China Ltd. posted lower first-quarter profit as the property/casualty combined ratio was hit by the effects of...