The NFL has increased security at its offices following a shooting last month at a Manhattan building by a gunman authorities say was targeting league headquarters. “We are working with the building and the other tenants within the building on …
Category: Insurance Journal
Owner of Water Machine Manufacturer Charged in $275 Million Fraud Scheme
The Securities and Exchange Commission has charged Ryan Wear, of Marysville, Washington, and his entities, Water Station Management LLC and Creative Technologies, Inc., for operating two related Ponzi-like schemes between September 2016 and February 2024 that raised more than $275 …
Heat Draws Visitors to Death Valley, Where It’s Tough to Communicate Risk
Ray Estrada’s 11-year-old grandson is used to Las Vegas’ scorching summers, but he’d always wanted to experience the heat in one of the Earth’s hottest places. So Estrada recently drove him to Death Valley National Park, with an umbrella, extra …
Missouri’s Mutual Insurance Companies Report Stronger Results in 2024
The Missouri Department of Commerce and Insurance (DCI) announced the state’s mutual insurance companies reported a considerable reduction in net losses from $17.7 million in 2023 to just $4.8 million in 2024. In 2024, mutuals managed 205,000 policies representing more …
AM Best Revises Outlooks to Stable for Southern Farm Bureau Casualty Group
AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of Southern Farm Bureau Casualty Insurance Company, Colorado Farm …
Be Recognized as a Best Agency to Work For: Submit Now
Is your agency a great place to work? Would you call your agency a “Best Place to Work?” Then it’s time to nominate your agency for Insurance Journal’s “Best Agency to Work For” award. To nominate your agency, you must …
Rural California Wine Country Fire Burning Out of Control
Firefighters will battle intense heat and dry weather Friday as they work to control a fast-moving blaze in the heart of California’s wine country. The Pickett Fire exploded in the hills above the tourist town of Calistoga in the Napa …
People Moves: Aon Commercial Risk Promotes Smaje as Specialty Leader, Transportation & Logistics; MGA Optio Names Deloitte’s Hallett Head of Insurer Partnerships
This edition of International People Moves details appointments at the broker Aon and the MGA Optio Group. A summary of these new hires follows here. Aon’s Commercial Risk Business Promotes Smaje to Lead Transportation & Logistics Insurance broker Aon plc …
New Jersey Compensation Bureau Back Online After Cyber Incident
The New Jersey Compensation Rating & Inspection Bureau is mostly back online following a cybersecurity event that caused it to shut down its network more than two weeks ago. The workers’ compensation agency said it “experienced suspicious activity” on August …
Gymnastics Coach at Renowned Iowa Gym Accused of Sexual Abuse
The U.S. gymnastics world was only just recovering from a devastating sexual abuse scandal when a promising young coach moved from Mississippi to Iowa to take a job in 2018 at an elite academy known for training Olympic champions. Liang …