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ESG Managers Say Wave of Probes, Scorn Heralds Better Days Ahead

July 1, 2022 Insurance Journal.com

ESG investment strategies are being probed for deceptive labeling, criticized for excluding firms like Tesla Inc. and questioned as to whether they actually work. All this, some sustainable fund managers said, could be a good […]

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U.S. Supreme Court Limits Federal Power to Curb Carbon Emissions

July 1, 2022 Insurance Journal.com

Conservative justices power 6-3 ruling; liberals dissent Ruling curbs EPA ability to regulate power plant emissions Biden vows to tackle climate change despite the ruling The U.S. Supreme Court on Thursday imposed limits on the […]

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Governor, Florida Cat Fund Board Agree to Raise Premiums for Insurers

July 1, 2022 Insurance Journal.com

Florida property insurers have another cost increase to manage after the Florida Hurricane Catastrophe Fund was approved for a premium increase. The fund’s governing body, the State Board of Administration, this month gave final approval […]

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Gone with the Flo: Progressive Stops Writing DP-3 Policies in Florida

July 1, 2022 Insurance Journal.com

Eight months after it stopped renewing homeowners and rental property policies in Florida, Progressive Insurance announced it will now stop writing new dwelling-fire business in the distressed Florida market. “To ensure a long-term future in […]

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Family blames fatal wreck on PennDOT’s failure to fix ditch

July 1, 2022 Insurance Journal.com

Matt Neidlinger crested the hill of a narrow, twisty state road and found a nasty surprise waiting for him at the bottom. The ditch was a couple of feet wide and spanned both lanes, and […]

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No Injuries Reported in Fire at Maryland Boys’ Summer Camp

July 1, 2022 Insurance Journal.com

THURMONT, Md. (AP) —Crews battled a fire at an overnight summer camp in western Maryland on Wednesday morning, but no injuries were reported, officials said. Firefighters were initially dispatched around 7:30 a.m. for a report […]

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People Moves: CIG Promotes Foggie to Director of Field Operations; Scheiner Named Southwest Field Executive

July 1, 2022 Insurance Journal.com

Monterey, California-based Capital Insurance Group named Victor Foggie director of field operations. Foggie will oversee CIG’s regional field executives in addition to the home office commercial lines unit. He will oversee production in CIG’s four […]

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PCF Acquires MGA United Underwriters in Utah

June 30, 2022 Insurance Journal.com

PCF Insurance Services acquired Utah-based property/casualty managing general agent United Underwriters. United Underwriters offers agencies across the Western United States P/C MGA services and programs including homeowners, renters, dwelling, commercial, personal umbrella, earthquake and auto […]

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Survey: Broad Support for Renewables, Gap in Climate Change Awareness

June 30, 2022 Insurance Journal.com

There is overwhelming public support across the globe for using renewable energy, according to a new survey out from the Yale Program on Climate Change Communication. The international survey was published on Wednesday. It was […]

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Court Orders New Trial for Insurance Exec Convicted of Bribing NC Commissioner

June 30, 2022 Insurance Journal.com

It may seem a minor point to some, but it’s fundamental to the American system of justice, advocates said: It’s up to a jury – not a judge – to decide what is considered an […]

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