New York City Braces for Heavy Rain Tuesday After Weekend Floods
Flooding rain is set to make a return to New York and New Jersey Tuesday, days after a weekend storm blocked city streets and forced pedestrians to wade through thigh-high water in some areas. Up to four inches (10 centimeters) …
Aon Ups Data Center Lifecycle Program Capacity Again: Now $5B
Aon plc is expanding its proprietary Data Center Lifecycle Insurance Program (DCLP) with an additional $1.5 billion, increasing the program’s first-party coverage capacity to $5.0 billion. In addition, Aon is offering integrated risk solutions that support digital infrastructure assets from …
Nominate Your Agency as a Best Agency to Work For
Once again, Insurance Journal is seeking the best retail insurance agencies to recognize for the annual Best Agencies to Work For awards. Does your retail insurance agency stand out as a great place to work? Does it foster a strong …
Former Italian Motorway Boss Among 32 Convicted Over 2018’s Genoa Bridge Tragedy
The former head of Italian motorway operator Autostrade per l’Italia was sentenced to 12 years in prison on Thursday [July 16] for his role in a disaster that killed 43 people when a bridge collapsed near the city of Genoa …
FDA Walks Back Positive Lab Test in Lettuce Cyclospora Outbreak
The Food and Drug Administration on Sunday withdrew an earlier positive test that had tied Taylor Farms’ lettuce to the cyclospora outbreak, even as health officials said the supplier remains a focus of their investigation. The false positive doesn’t change …
NYC Reports 3 Deaths From Legionnaires’ Disease; Cooling Tower Cleaning Underway
New York City officials are reporting that three people have died and eight people are currently hospitalized due to the outbreak of Legionnaires’ disease on the Upper East Side. More than 60 cases have been reported since the first cases …
License Pulled for Utah Boarding School Where Paris Hilton Says She Was Abused
Utah revoked another campus license on Friday for the boarding school where Paris Hilton said she was abused as a teenager, marking a major victory in the hotel heiress’ yearslong effort to get the school shut down. The Utah Department …
Texas Hill Country Floods Test New Warning Systems After Last Year’s Deadly Disaster
After deadly floods killed more than 100 people in Texas’ Hill Country last July, officials vowed major changes in hopes of preventing the failures that contributed to the high death toll. They promised better flood warning systems, tighter safety rules …
Yemen’s Houthis to Impose Maritime Blockade on Saudi Arabia
The Houthis, an Iran-backed Yemeni group, said they would impose a maritime blockade on Saudi Arabia, putting at risk the flow of millions of barrels that the kingdom exports via the Red Sea. The blockade is in response to what …
Profitable 2025 Masks Challenges for Global Insurers, Says Bain & Company
Global insurance companies had a strong 2025 with improved profitability and premium growth but new research from Bain & Company warns insurers to “enjoy it while you can.” “Insurers should enjoy today’s momentum – but they should not mistake it …
New Jersey E-Bike Registration, Insurance Requirements Now in Effect
Sunday July 19 was the deadline for most New Jersey electric bicycle owners to register their e-bikes and obtain liability insurance required under a new law. New Jersey’s new e-bike law classifies all e-bikes principally garaged in the state as …
Private Equity Backing AGI, an AI-Enabled Platform for Faster Brokerage Growth
Despite growing concerns about private-equity-backed ventures and the use of artificial intelligence, an Atlanta-based firm said it has launched an AI-enabled platform designed to help insurance brokerage partners grow at faster rates. American Growth Insurance (known as AGI) announced last …
Viewpoint: Do Heart Attack Patients Have More Micro and Nanoplastics in Their Blood?
Microplastics are a big environmental issue. They’ve been found in oceans, drinking water, seafood, the air we breathe, and increasingly throughout the human body, from the placenta to the brain. A new study by researchers in Italy, published in the …
Update: Two Dynacom Tankers Attacked off Oman Amid Escalating US-Iran War
Greek shipping company Dynacom Tankers said two of its managed vessels were hit by projectiles of unknown origin on Monday while sailing off the coast of Oman. The re-escalation in fighting between the U.S. and Iran is again threatening commercial …
Iran and US Widen Attacks, Raising Fears for Gulf Shipping and Water Supplies
Iran’s Revolutionary Guards said on Monday they had struck U.S. military assets across the Middle East after another night of U.S. bombardment of Iranian cities, part of a cycle of attacks that has all but wrecked an interim ceasefire agreement. …
UK Financial Services Firms Sharpen Staff Scrutiny as New Misconduct Regime Looms
Financial firms in Britain are sharpening their focus on employee conduct, with some weeding out staff suspected of misconduct such as harassment and bullying ahead of new rules designed to curb an industry lawmakers have called a hotbed of abuse …
Ohio-Based Toy Manufacturer Sued for Discrimination and Retaliation
Step2 Company, LLC, a toy and plastic products manufacturer with plants in Northern Ohio, violated federal law by failing to provide reasonable accommodations to a pregnant employee with disabilities and firing her, the U.S. Equal Employment Opportunity Commission (EEOC) charged …
People Moves: Cottingham & Butler Expands Property & Casualty Leadership
Cottingham & Butler, a privately held insurance broker based in Dubuque, Iowa, announced a series of leadership appointments across its Property & Casualty business, reinforcing the firm’s specialized expertise and its commitment to industry-leading insurance brokerage services. Mark Roling has …
Texas Big Rigs Parts Distributor Faces $264K Fine After Worker Fatality
The U.S. Department of Labor has cited a Texas big rig parts distributer for 16 serious safety violations after an investigation into a worker fatality found the company exposed workers to confined space and other safety hazards. The department’s Occupational …
Judge Won’t Block Meta From Laying Off Workers Who Filed AI Discrimination Suit
A U.S. judge on July 17 rejected a bid by 26 employees of Meta Platforms to block the tech giant from laying them off while they pursue claims that they were targeted for job cuts by the company’s AI-powered tools …
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Comunicados de prensa más recientes
14 de septiembre de 2023. Gran Caimán, Islas Caimán. El CCRIF SPC se enorgullece en dar la bienvenida a Honduras como su cuarto miembro de Centroamérica. El Gobierno ha adquirido cobertura de seguro paramétrico para exceso de lluvia, efectiva a partir del 1 de junio de 2023. El director ejecutivo del CCRIF, el Sr.
Gran Caimán, Islas Caimán, 3 de julio de 2023. La Unión Europea (UE) sigue brindando apoyo al CCRIF SPC como medio para subsidiar las primas de las pólizas de seguro paramétrico de sus miembros del Caribe. Este año de póliza, que comenzó el 1o de junio 2023, la UE proporcionó US$4,7 millones al CCRIF para apoyar a los 12 miembros caribeños del CCRIF que son elegibles para ODA1 para subsidiar las primas para ciclones tropicales y exceso de lluvia.
Gran Caimán, Islas Caimán, 29 de marzo de 2023. El jueves, 16 de marzo de 2023, el CCRIF SPC y el Centro de Coordinación para la Prevención de los Desastres en América Central y República Dominicana (CEPREDENAC) firmaron un memorando de entendimiento (MdE) al margen del Taller Técnico Regional para Centroamérica sobre el Financiamiento del Riesgo de Desastres y el Seguro Paramétrico del CCRIF llevado a cabo en Ciudad de Panamá, Panamá los días 15 y 16 de marzo de 2023.
Gran Caimán, Islas Caimán, 27 de octubre de 2022. El CCRIF SPC ha realizado cuatro pagos por un total de US$15,2 millones a tres de sus gobiernos miembros durante octubre para eventos hidrometeorológicos asociados con la temporada de huracanes de 2022.
Pagos han sido recibidos por los Gobiernos de:
