News Center
News – Insurance Journal
AIG Names Zaffino to Succeed Duperreault as CEO; Will Spin Off Life Insurance Business
American International Group has disclosed significant leadership changes as well as plans to separate its Life & Retirement business into an independent company. Peter Zaffino, currently AIG’s president and chief operating officer, will become its next CEO as of March …
POSTED OCTOBER 26, 2020 10:17 PM |
Texas Nonstandard Auto Insurer Placed into Receivership
A Travis County, Texas, judge has approved an order placing a Houston-based nonstandard auto insurer into receivership. On Oct. 21, Travis County District Judge Tim Sulak signed the application by the Texas Department of Insurance to appoint a rehabilitator and …
POSTED OCTOBER 26, 2020 7:36 PM |
Blaze Rips Through North Georgia Lumber Business
A massive fire that started Thursday at a north Georgia lumber facility was expected to take days to burn itself out. North Georgia Hardwoods in Cleveland caught fire before dawn Thursday. The blaze was contained by 7:30 a.m., Cleveland Fire …
POSTED OCTOBER 26, 2020 4:52 PM |
Texas’ Fairly Group Offering COVID-19 Insurance for College Sports Programs
Amarillo, Texas-based Fairly Group and its sister-company OccuNet have unveiled an insurance product that covers medical expenses for collegiate student athletes who contract COVID-19. Inspired by the viral #wewanttoplay campaign created by Ohio State quarterback Justin Fields, the policy is …
POSTED OCTOBER 26, 2020 4:45 PM |
AccuRisk Solutions, Convex Expand Occupational Insurance Options for Texas Nonsubscribers
AccuRisk Solutions has teamed up with Convex Group Limited (Convex) to offer occupational accident and employer’s liability coverage to Texas employers that have opted out of workers’ compensation. AccuRisk254 is available in all Texas counties. AccuRisk said the partnership allows …
POSTED OCTOBER 26, 2020 4:42 PM |
Graceland Expansion Lawsuit Against City of Memphis Dismissed
A federal judge has dismissed a lawsuit filed by Elvis Presley Enterprises against the city of Memphis over a delay in approval for expansion plans at Graceland. U.S. District Judge Samuel Mays dismissed the complaint Thursday, saying the company had …
POSTED OCTOBER 26, 2020 4:42 PM |
Gunn Named Illinois Young Agent of the Year
Nick Gunn of Groveland, Ill., has named Young Agent of the Year by the Independent Insurance Agents of Illinois (IIA of IL). Gunn was presented with the Young Agent of the Year Award for demonstrating exceptional service to the insurance …
POSTED OCTOBER 26, 2020 4:40 PM |
Black Man Shot by Iowa Police Settles Suit for $400K
A Black man who was shot by police outside an Iowa nightclub five years ago and alleged he was singled out because of his race has agreed to a nearly $400,000 settlement. Jovan Darnell Webb, 33, was wounded while attempting …
POSTED OCTOBER 26, 2020 4:34 PM |
3.2-Magnitude Quake Shakes Area on Oklahoma-Kansas Border
A magnitude 3.2 earthquake shook an area on the Kansas-Oklahoma line on Oct. 22, the U.S. Geological Survey reported. The tremor struck at 8:17 p.m. and was centered in a remote area 22 miles (35 kilometers) northwest of Ponca City, …
POSTED OCTOBER 26, 2020 4:28 PM |
Zurich North America Connects Its Attorneys With Pro Bono Needs in Illinois
Insurer Zurich North America is collaborating with the digital legal company Paladin to connect Zurich’s attorneys with pro bono service opportunities. Approximately 97% of respondents to a recent survey by Legal Services Corp. expected a sharp increase in legal needs …
POSTED OCTOBER 26, 2020 3:35 PM |
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