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People Moves: Atain Hires Delestienne as VP and Head of Binding Authority
Atain Insurance Companies, headquartered in Farmington Hills, Mich., hired Cara Delestienne as vice president and head of binding authority. Delestienne has over two decades of insurance industry experience, most recently serving as vice president operations at MacNeill Group, Inc. She …
POSTED DECEMBER 06, 2023 5:42 PM |
Independent Insurance Agents of Illinois to Rebrand as Big I Illinois in 2024
The Independent Insurance Agents of Illinois announced it will rebrand to Big I Illinois in 2024. The Illinois association’s rebranding will better reflect a name that has resonated with agents, carriers, and lawmakers throughout the organization’s 125-year history, the association …
POSTED DECEMBER 06, 2023 5:37 PM |
5th Circuit Court of Appeals Clarifies Standard of Evidence for Negligence Award Against River Boat Pilots in Mississippi River Collision Case
As maritime accidents go, the collision between the M/V Strandja and the M/V Kieffer E. Bailey on the Mississippi River was hardly a catastrophe. A jury determined that damages amounted to only $114,000. But the accident did provide an opportunity …
POSTED DECEMBER 06, 2023 5:05 PM |
Texas Prosecutor Drops Most Cases Against Austin Police Officers Over Tactics Used During 2020 Protests
AUSTIN, Texas (AP) – A Texas prosecutor whose office oversaw indictments against more than 20 Austin police officers for tactics used during the 2020 protests that followed George Floyd`s killing said Monday he was dropping most of the cases and …
POSTED DECEMBER 06, 2023 4:56 PM |
Auto Safety Regulators To Watch Unrecalled Takata Inflators After One Blows Apart, Injuring a Driver in Chicago
DETROIT (AP) – U.S. auto safety regulators said Monday they are monitoring data from a group of mostly unrecalled Takata air bag inflators after one of them exploded in a BMW and hurled metal fragments that seriously injured a driver …
POSTED DECEMBER 06, 2023 4:52 PM |
University of Penn Sued by Students Claiming Antisemitism on Campus
The University of Pennsylvania was sued by a pair of students who claim the campus was a hotbed of antisemitism even before Hamas attacked Israel on Oct. 7. Penn became the third major US college, after New York University and …
POSTED DECEMBER 06, 2023 3:26 PM |
AM Best Maintains Stable Outlook for U.S. Property/Casualty Commercial Lines
Persistently strong underwriting performance during and after the global pandemic – despite substantial economic and capital markets volatility – has prompted AM Best to maintain its “stable” outlook for the US property/casualty commercial lines segment. Premium rates for most of …
POSTED DECEMBER 06, 2023 3:04 PM |
Magnitude 5.1 Earthquake Felt Widely Across Big Island of Hawaii
A magnitude 5.1 earthquake on the Big Island of Hawaii was felt widely, but there were no reports of damage or injury, officials said. The earthquake hit at 5:54 p.m.on Monday near the Kilauea volcano at a depth of 1 …
POSTED DECEMBER 06, 2023 2:41 PM |
IMA Financial Adds EBS Insurance Brokers in Massachusetts
Denver-based insurance brokerage IMA Financial Group reports it is expanding its employee benefits practice nationally with the acquisition of EBS Insurance Brokers of Newton, Massachusetts. EBS and its 30 employees offer health and welfare plan administration, executive and international benefits …
POSTED DECEMBER 06, 2023 1:51 PM |
Hailstorm Claims Risk Undermining Solar Energy, Insurer Says
Solar farms around the world are under threat due to costly hailstorm-related claims, according to renewable energy underwriter GCube Insurance. Hail was the costliest category for insurance claims by the renewables industry in the last five years, averaging around $58.4 …
POSTED DECEMBER 06, 2023 1:33 PM |
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