News Center
News Archives - Insurance Journal
HSBC Banker Suspended After Playing Down Financial Risks of Climate Change
UK pension schemes should not ignore climate change, a senior executive at The Pensions Regulator said on Monday, the first watchdog to weigh in after a top HSBC banker was suspended after playing down the financial risks of climate change. …
POSTED MAY 23, 2022 4:56 PM |
People Moves: Alliant Adds Chenoweth in Texas; Stonetrust Names Contreras, Boman to Underwriting Team
Alliant Insurance Services Adds James Chenoweth to Mergers & Acquisitions Group Alliant Insurance Services added James Chenoweth in the company’s mergers & acquisitions group. Chenoweth will specialize in providing tax, litigation and M&A risk solutions to private equity firms and …
POSTED MAY 23, 2022 4:52 PM |
Costlier Errors: Legal Malpractice Claims Severity Keeps Rising
Almost all insurers that participated in a recent survey said they have been involved with a lawyers professional liability insurance (LPLI) claim of more than $50 million in the last two years – and at least one paid a claim …
POSTED MAY 23, 2022 4:15 PM |
Texas Division of Workers’ Comp Accepting Public Comment on 3 Forms
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) announced it is accepting public comments on three proposed new forms: DWC Form-003, Employer’s Wage Statement. This form is necessary to allow employers a way to provide wage information to …
POSTED MAY 23, 2022 4:12 PM |
People Moves: Holmes Murphy Adds Boberg in Minneapolis; Hershey Promotes Sinutko to VP of Commercial Lines
Holmes Murphy Adds Tim Boberg as Property Casualty Market Leader of Minneapolis Team Holmes Murphy named Tim Boberg as the Property Casualty market leader of the company’s growing Minneapolis team. Boberg joins Holmes Murphy with nearly 20 years of industry …
POSTED MAY 23, 2022 4:01 PM |
Minnesota College Student Awarded $111M in Personal Injury Case
A federal jury in Minnesota has awarded a college student more than $111 million in damages after concluding negligent care of his injured leg following surgery led to a permanent disability. The jury verdict this week, which could be one …
POSTED MAY 23, 2022 3:54 PM |
Rare Northern Michigan Tornado Kills 2, Injures More than 40
Roofs and walls on a busy business stretch were turned to tangled rubble. Mobile homes were destroyed. Tornadoes are so uncommon in northern Michigan that Gaylord doesn’t have a siren system to warn people about hazardous weather. The town of …
POSTED MAY 23, 2022 3:46 PM |
Hearing Scheduled on Damages Owed by Mississippi Ex-Cop Who Killed Mother of Four
A former Mississippi police officer who shot and killed a sleeping woman should pay her four children a quarter-million dollars each for pain and suffering and a total of more than $300,000 to cover therapy, their aunt said in a …
POSTED MAY 23, 2022 3:35 PM |
Insurer Aspen Completes $3.12B Loss Portfolio Transfer With Run-Off Specialist Enstar
Enstar Group Ltd., the Bermuda-based legacy acquisition specialist, has completed a previously announced loss portfolio transfer agreement (LPT) with Aspen Insurance Holdings Ltd. and its subsidiaries for their 2019 and prior business. Enstar will assume net loss reserves of $3.12 …
POSTED MAY 23, 2022 3:15 PM |
Grand Jury Indicts Former Georgia Insurance Commissioner Oxendine on Fraud Charges
A former Georgia insurance commissioner has been indicted on federal charges related to an alleged health care scheme. A federal grand jury last Tuesday indicted John Oxendine on charges of conspiracy to commit health care fraud and conspiracy to commit …
POSTED MAY 23, 2022 3:01 PM |
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 Pro Player Insurance Group 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.
|