News Center
News Archives - Insurance Journal
Georgia Lawmakers Approve End to Direct-Action Suits Against Trucking Insurers A bill that would end direct-action lawsuits against trucking insurers is rolling toward the governor’s desk after it was approved by the full House of Representatives on Monday. Senate Bill 426, heralded as a way to encourage more insurance carriers …
POSTED MARCH 19, 2024 1:39 PM |
People Moves: Gallagher Re Names Flasinski as CEO of N. America, Succeeding Bradshaw; Hannover Re Taps Swiss Re’s Steinmann to Executive Board as Pickel Retires This edition of International People Moves details appointments at Gallagher Re and Hannover Re. A summary of these new hires follows here. Gallagher Re Names Flasinski as CEO of N. America, Succeeding Bradshaw Global reinsurance broker Gallagher Re announced the …
POSTED MARCH 19, 2024 1:25 PM |
People Moves: Woodruff Sawyer Opens New York Office Headed by 6 Acrisure Hires California-based independent insurance broker Woodruff Sawyer announced it is expanding its East Coast footprint with the addition of six executives formerly with insurer Acrisure. According to the announcement, Matthew Kelly, Robert Trager, Bob Kempner, Chris Iovino, Eric Wagner, and Michael …
POSTED MARCH 19, 2024 1:15 PM |
Former Markel Group CEO Kirshner, 88, Dies Former Markel Group CEO Alan Kirshner, died on March 17, said the company. He was 88 years old. The Richmond, Virginia-based insurer said today that Kirshner, who was chairman and CEO of Markel Group from 1986 through 2015, was instrumental …
POSTED MARCH 19, 2024 12:58 PM |
British People Pay Attention When a Storm Has a Name, Met Office Says The names Isha, Babet, and Henk will all be familiar to Britons, but not because they belong to people — they are some of the most destructive storms that have swept through the UK in the past year. In an …
POSTED MARCH 19, 2024 12:44 PM |
Ferrari Sued for Failing to Fix ‘Life-Threatening’ Brake Defect Ferrari NV was accused in a US lawsuit of failing to fix a “dangerous safety defect” with the brakes in some of its luxury sports cars despite issuing multiple recalls. The recalls were no more than “an interim corrective measure” …
POSTED MARCH 19, 2024 12:32 PM |
Panel of EU Lawmakers Backs Watered Down Supply Chain Audit Law A panel of lawmakers in the European Parliament on Tuesday backed a draft law requiring large companies in the bloc to check if their supply chains use forced labor or cause environmental damage. The rules, known as the Corporate Sustainability …
POSTED MARCH 19, 2024 11:56 AM |
Central Bankers Use AI to Assess Climate-Related Risks Central bankers said on Tuesday they have broken new ground by using artificial intelligence to collect data for assessing climate-related financial risks, just as the volume of disclosures from banks and other companies is set to rise. The Bank for …
POSTED MARCH 19, 2024 11:34 AM |
Bank of Japan Scraps Radical Policy, Makes First Interest Rate Hike in 17 Years The Bank of Japan (BOJ) ended eight years of negative interest rates and other remnants of its unorthodox policy on Tuesday, making a historic shift away from its focus on reflating growth with decades of massive monetary stimulus. While the …
POSTED MARCH 19, 2024 10:05 AM |
China Evergrande’s Alleged $78 Billion Fraud Is Among World’s Worst China Evergrande Group’s alleged $78 billion revenue overstatement escalates the legal peril of founder Hui Ka Yan, who now stands at the center of one of the biggest financial fraud cases in history. The nation’s top securities regulator said the …
POSTED MARCH 19, 2024 9:05 AM |
NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Beacom and Sons Insurance confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.
|