Industry News

Insurance Journal

Global Basel Committee Bolsters Rules for Supervising Banks, Non-Bank Sector

Apr 26, 2024 The world’s forum for banking regulators on Thursday tightened up its rulebook to focus better on spotting risks from climate change, the...

Aon Completes $13B Acquisition of Middle-Market Broker NFP

Apr 26, 2024 Aon plc said late Thursday that it has completed its $13 billion acquisition of middle-market P/C broker NFP. The purchase price will be funded by $7 billion in cash...

ALKEME Acquires Illinois’ Ralph Weiner & Associates

Apr 25, 2024 ALKEME announced the acquisition of Ralph Weiner & Associates, a retail insurance agency based in Wheeling, Illinois. Established in 1951, Ralph Weiner & Associates...

New Jersey Forest Service Says 510-Acre Wharton Wildfire Is 100% Contained

Apr 25, 2024 The New Jersey Forest Fire Service said it has reached 100% containment of a 510-acre wildfire in the area of Jackson Rd. in Wharton State Forest. The fire...

Best's Reviews

Cincinnati Financial More Than Doubles 1Q Net Income to $755 Million

Apr 25, 2024 Cincinnati Financial Corp.'s first-quarter net income jumped to $755 million from $225 million a year earlier, after recognizing a $484 million...

Hartford Financial First-Quarter Profit Surges on Commercial Lines, Investment Gains

Apr 25, 2024 Hartford Financial Services Group Inc. posted higher first-quarter net income on commercial lines gains and elevated investment...

Net Zero Panel Replaced by UN's Forum for Insurance Transition to Net Zero

Apr 25, 2024 The United Nations has convened a new forum to drive progress on the insurance industry's transition to net-zero carbon emissions...

Claims Journal

Work Safety Group Releases List of ‘Dirty Dozen’ Employers

Apr 25, 2024 A retail giant, a space launch operation, a major food processor, the nation’s two biggest rideshare providers and a large healthcare system are among those entities...

‘It’s in the Mail’ Not Good Enough to Contest Connecticut Workers’ Comp Claim

Apr 25, 2024 A Connecticut employer lost its right to contest a workers’ compensation claim because although it mailed its notice to the workers compensation...

4,800 Claims Handled by Unlicensed Adjusters in Florida After Irma, Lawsuit Says

Apr 25, 2024 Two south Florida lawsuits against property insurers argue that two major carriers employed a business strategy of hiring inexperienced or even...

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...