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News – Insurance Journal
In Texas, Higginbotham and Exploration Insurance Group Merge
Fort Worth, Texas-based Higginbotham and Exploration Insurance Group (EIG) have merged their operations in Tyler, Texas. EIG opened in 2013 in Tyler to meet the east Texas region’s growing need for industry specific insurance. The independent seven-person agency brokers commercial …
POSTED AUGUST 16, 2019 4:41 PM |
California’s $27.6M Fine Against Mercury Insurance Remains After Court Action
California regulators say a ruling by the state’s highest court means a $27.6 million fine imposed against Mercury Insurance Co. for improperly tacking fees onto auto insurance policies will stand. The California Department of Insurance reported on Aug. 15 that …
POSTED AUGUST 16, 2019 4:07 PM |
AXA XL Adds Zurich’s Arezes as Senior Underwriter for Large Property in Canada
AXA XL has added Jennifer Arezes to its property insurance team in Canada. Arezes is based in Toronto and will work alongside Ian Rutherford, head of Property, Canada and Urs Uhlmann, CEO and country manager AXA XL, Canada to grow …
POSTED AUGUST 16, 2019 4:03 PM |
Greek Firefighters Battle Multi-Day Blaze in Nature Reserve
Greek authorities sent reinforcements Thursday to firefighters battling a major forest fire in a nature reserve on the island of Evia as water-dropping aircraft tried to extinguish the flames in a hard-to-reach canyon. On the third day of the fire, …
POSTED AUGUST 16, 2019 3:44 PM |
Travelers Names Cohn to New Chief Sustainability Officer Post
The Travelers Cos. has created a new position of chief sustainability officer and named Yafit Cohn to fill the post. Cohn will lead Travelers’ environmental, social and governance (ESG) efforts across the organization and will serve as a member of …
POSTED AUGUST 16, 2019 3:27 PM |
Over 400 Sex Abuse Suits Filed in New York as Litigation Window Opens
The Roman Catholic Church, the Boy Scouts, schools and hospitals, the late financier Jeffrey Epstein are some of the targets named in a flurry of sex abuse lawsuits filed Wednesday in New York as the state began accepting cases once …
POSTED AUGUST 16, 2019 2:46 PM |
Nepal Government Panel Wants Mount Everest Hikers to Have Experience, Insurance
A Nepal government committee formed after a bad mountaineering season on Mount Everest has recommended requiring climbers to have scaled tall peaks, undergone proper training, and possess certificates of good health and insurance that would cover rescue costs if required. …
POSTED AUGUST 16, 2019 1:43 PM |
Women Accuse Opera Star Domingo of Sexual Harassment Over Decades
For decades, Placido Domingo, one of the most celebrated and powerful men in opera, has tried to pressure women into sexual relationships by dangling jobs and then sometimes punishing the women professionally when they refused his advances, numerous accusers told …
POSTED AUGUST 16, 2019 1:33 PM |
Native American Tribe Says Showtime’s ‘Billions’ TV Show Defamed Reputation
In the hit Showtime series “Billions,” it seems, everybody’s somebody. Ruthless hedge fund titan Bobby Axelrod evokes Steven A. Cohen, the billionaire founder of SAC Capital Advisors. U.S. Attorney Chuck Rhoades is a Preet Bharara type. And then there’s the …
POSTED AUGUST 16, 2019 1:30 PM |
Hundreds of North Carolina Transportation Workers to be Laid Off
North Carolina’s Transportation Department says it’ll lay off hundreds of workers to help cover the ballooning cost of storm damage repairs and legal expenses. News outlets report that layoffs will include contractual and temporary laborers such as those who patch …
POSTED AUGUST 16, 2019 1:27 PM |
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