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News – Insurance Journal
$1.4M Batman Comic Collection Stolen from Florida Storage Unit
A Florida man is reaching out to the comic-collecting community, hoping to reclaim nearly 450 valuable comic books that were recently stolen. The Sun Sentinel reports that Randy Lawrence posted on social media last week that his registered Batman and …
POSTED JANUARY 22, 2019 6:13 AM |
2 Markel CATCo Execs Leave After Reserves Inquiry Unveils ‘Personal Relationship’
Markel Corp. has reported that Anthony Belisle, Markel CATCo chief executive officer, and Alissa Fredricks, Markel CATCo chief executive officer for Bermuda, are no longer with the company following the disclosure of a “personal relationship” that the insurer said violated …
POSTED JANUARY 22, 2019 6:00 AM |
Tornadoes Cause Damage in Alabama, Florida Panhandle
Homes, businesses, government offices and churches were among the buildings badly damaged or demolished when tornadoes struck central Alabama over the weekend. The severe weather hit Saturday and another tornado was reported later that evening at an air base in …
POSTED JANUARY 22, 2019 5:30 AM |
Researchers Looking into How Drones Can Predict Wildfire Spread
A University of Missouri researcher is teaming up with scholars in Kansas and Georgia to develop drone technology to monitor and potentially predict the spread of wildfires. The $1.2 million research project that began last month aims to use unmanned …
POSTED JANUARY 22, 2019 1:45 AM |
Corporate Culture, Cyber Risk Are Top of Mind for D&O Underwriters
Transparency and culture awareness were the key takeaways from a panel discussion on top directors and officers’ claims trends that took place at this year’s Professional Liability Underwriting Society (PLUS) annual conference in San Diego. An audience poll at the …
POSTED JANUARY 21, 2019 6:00 AM |
Insurance Agents Assured of Trump Pass-Through Tax Break Under Final Treasury Rule
The U.S. Treasury today issued final regulations and other guidance on a provision of the Tax Cuts and Jobs Act that allows owners of sole proprietorships, partnerships, trusts, and S corporations to deduct up to 20 percent of their qualified …
POSTED JANUARY 18, 2019 9:41 PM |
Oklahoma Securities Agency’s Computer Files Breached, Firm Says
The Oklahoma agency that protects investors from fraud is investigating whether its data was breached after a cybersecurity research team discovered that a computer server had left millions of files unsecured and open to the public. Oklahoma Department of Securities …
POSTED JANUARY 18, 2019 5:47 PM |
Former Farmers, AIG Direct, 21st Century Exec DeSantis Named President, CEO of The General
Nashville-based auto insurer The General has appointed veteran insurance executive Tony DeSantis to the new position of president and chief executive officer, joining Chief Operating Officer Steve Tjugum as the company’s top leaders. Elicia Azali has been named Marketing senior …
POSTED JANUARY 18, 2019 5:43 PM |
South Carolina Capitol City Bans Electric Scooters
South Carolina’s capitol city has banned electric scooters for a year while the city studies the operation of companies providing the service. News outlets reported Columbia City Council voted Tuesday to prohibit the use of electric scooters to protect the …
POSTED JANUARY 18, 2019 5:36 PM |
Arthur J. Gallagher Acquires Interstate Insurance Underwriters in Louisiana
Arthur J. Gallagher & Co. has acquired Shreveport, Louisiana-based Interstate Insurance Underwriters LLC, the company announced. Terms of the transaction were not disclosed. Founded in 1963, Interstate Insurance Underwriters is a managing general agency (MGA) offering a variety of property/casualty …
POSTED JANUARY 18, 2019 5:35 PM |
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