News Center
News Archives - Insurance Journal
Morgan Stanley to Leave Sector Climate Coalition
Investment bank Morgan Stanley said on Thursday it had decided to leave the Net-Zero Banking Alliance, becoming the latest U.S. lender to quit the sector’s top global climate coalition. While the bank gave no reason for its decision, top banks …
POSTED JANUARY 02, 2025 2:40 PM |
Judge Allows Lawsuit Claiming Poland Spring Water Is Not From a Spring
A federal judge in Connecticut refused to dismiss a long-running lawsuit accusing the former Nestle Waters North America of defrauding consumers by labeling its Poland Spring bottled water as “spring water.” While rejecting some claims in the proposed class action, …
POSTED JANUARY 02, 2025 2:13 PM |
US Dockworkers, Port Employers Set to Restart Talks Next Week
Leaders from a US dockworkers’ union and the group that represents their employers are set to resume contract talks on Jan. 7 as the threat of a strike looms, according to a person familiar with the negotiations. Facing a mid-January …
POSTED JANUARY 02, 2025 1:46 PM |
Alliant Moves into Alabama with Osborne as SVP
Alliant Insurance Services has named Johnny Osborne senior vice president for its Americas division. Based in Huntsville, Alabama, Osborne will open the Alabama market for Alliant, further expanding the company’s reach in the Southeast. Osborne has some 10 years’ experience …
POSTED JANUARY 02, 2025 1:42 PM |
Brown & Brown’s Nexus Agrees to Acquire Reinsurance MGA Arma in Dubai
Nexus Underwriting, a Brown & Brown group business, announced it has entered into an agreement to acquire Arma Fusion Ltd., the parent company of Arma Underwriting Ltd. Arma is a leading specialty reinsurance MGA based in the Dubai International Financial …
POSTED JANUARY 02, 2025 8:54 AM |
Tugboat Sinks Into Mississippi River After Collision With Tanker Ship in Louisiana
LULING, La. (AP) — The crew of a tugboat was quickly rescued when their vessel sank into the Mississippi River following a collision with a tanker ship in Louisiana. The U.S. Coast Guard said Monday that it is investigating the …
POSTED JANUARY 02, 2025 8:00 AM |
Owner Seeks Release of Oil Tanker Seized in Finland Cable Probe
The owner of an oil tanker seized by Finland on suspicion of breaking an undersea power line and four telecoms cables in the Baltic Sea last week is seeking the release of the ship, a lawyer representing the company said …
POSTED JANUARY 02, 2025 7:28 AM |
People Moves: Hiscox USA Names Lamantia Chief Technology Officer
Hiscox hired Frank Lamantia as chief technology officer, effective January 21. He will report to Mary Boyd, CEO of Hiscox USA, as well as Chris Loake, chief information officer of Hiscox Group, and will serve on both the Hiscox US …
POSTED JANUARY 02, 2025 6:37 AM |
Mixed Bag: What Trump 2.0 Tariffs, DOGE Activities Mean For Insurers
Setting aside the populist flavor of his campaign rhetoric, Donald J. Trump’s previous service as the nation’s 45th president presents a remarkable opportunity to make educated guesses about the impact of his expected policies on the property/casualty insurance industry as …
POSTED JANUARY 02, 2025 6:05 AM |
BTW Settles Whistleblower Suit on Overbilling of Federal Workers’ Comp Program
BTW Solutions bills itself as a drug wholesaler and billing service – and as a way for physicians to maximize profits on workers’ compensation and personal-injury-protection patients through the use of topical creams and durable medical equipment. The Benton, Arkansas-based …
POSTED JANUARY 02, 2025 6:01 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 Bencivenga Insurance Agency 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.
|