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News – Insurance Journal

Concern Escalates as Ebola Outbreak in Congo Reaches City
The Democratic Republic of Congo’s health minister said an outbreak of Ebola has entered a “new phase” after a case was confirmed in Mbandaka, a northwestern city of 1.2 million people. The person carrying the disease was one of two …

POSTED MAY 21, 2018 12:04 AM
Global Insurers Reassessing Iran Business In Light of Sanctions Threat
Global insurers are taking stock of how the U.S. withdrawal from an international agreement to deny Tehran nuclear weapons, and threatened sanctions against companies that do business with Iran, could affect them. Insurance broker Arthur J. Gallagher & Co. said …

POSTED MAY 20, 2018 11:43 PM
House Rejects Farm Bill
The U.S. House of Representatives rejected a sweeping $867 billion farm bill on Friday after Republican leaders failed to appease conservative lawmakers who had asked them not to hold the vote until they were given the chance to consider a …

POSTED MAY 18, 2018 6:37 PM
Millstream Creates Caritas Insurance Package for International Charities
Millstream Underwriting, part of independent specialty managing general agent Nexus Group, has launched Caritas, a new product that combines several lines of business the company underwrites into a specifically designed insurance package to address the needs of international charities and …

POSTED MAY 18, 2018 4:59 PM
Head-On Collision Between Atlanta School Bus, Car Kills 13-Year-Old Girl
Authorities say a 13-year-old girl has died after her car and a school bus collided in a head-on crash northeast of Atlanta. Dawson County Schools Superintendent Damon Gibbs says that Summer Faith Anderson died after the Wednesday morning wreck. She …

POSTED MAY 18, 2018 4:38 PM
New Hampshire Approves Elias as Insurance Commissioner to Succeed Sevigny
The New Hampshire Executive Council has unanimously approved John Elias as New Hampshire’s new commissioner for the Department of Insurance, succeeding Roger Sevigny who is set to retire June 11 after 16 years in the role. “John is a good …

POSTED MAY 18, 2018 4:38 PM
XL Catlin Adds Gardenhire as Underwriter in Dallas
XL Catlin has added Jason Gardenhire as underwriter to its regional US War, Terrorism & Political Violence insurance team. He is based in Dallas. Gardenhire will lead XL Catlin’s Terrorism and Political Violence underwriting activities and manage broker relationships in …

POSTED MAY 18, 2018 4:06 PM
More Texans Exposed to Tornadoes Amid Urban Sprawl
Mark Fox cringes every time he relives the day his worst weather nightmare came true. April 3, 2012, was a hot and humid day in North Texas, and the unstable atmosphere spawned 17 tornadoes in five hours in the Dallas-Fort …

POSTED MAY 18, 2018 4:02 PM
J.C. Flowers Buys Lloyd’s Brokers SSL and Endeavour; Two Agree to Merge
Lloyd’s and independent specialist marine broker SSL Insurance Group has agreed to merge with fellow Lloyd’s broker and delegated authority specialist Endeavour Insurance Services. The deal will conclude with both companies being acquired by a fund advised by private investment …

POSTED MAY 18, 2018 3:42 PM
Arizona Governor Vetoes Auto Insurance Bill, Signs Others
Arizona Gov. Doug Ducey has vetoed a bill requiring drivers to carry higher limits on their car insurance. Ducey closed out the state’s legislative session by signing 55 new laws and vetoing seven others. Wednesday was the final day that …

POSTED MAY 18, 2018 3:02 PM

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