Insurance Journal

JOHANNESBURG – A cyber attack has disrupted container operations at the South African port of Cape Town, an email seen by Reuters on Thursday said. Durban, the busiest shipping terminal in sub-Saharan Africa, was also affected, three sources with direct …... Read more

Texas has a long way to go but despite getting hit by four hurricanes and one tropical storm in 2020, Louisiana still ranks as one of the top 10 states for resilience based on its statewide building codes. The “Rating …... Read more

Two Democratic U.S. senators on Thursday will add to the stack of bills going after Section 230 – a law that protects tech companies from being sued over content posted by users – making such platforms responsible for health-related misinformation. …... Read more

Home insurtech Hippo is jumping into the commercial insurance market. The California-based managing general agency startup said its expansion will focus on “targeted commercial insurance” customers. Its first product in the space is a tailored homeowners association (HOA) product. That …... Read more

The Insurance Marketing & Communications Association (IMCA) presented Mark Wells, executive chairman of Wells Media Group Inc., with the IMCA Icon award in recognition of extraordinary leadership and exemplary achievement in insurance marketing and communications. Wells recently celebrated 50 years …... Read more

Nearly 41,000 gallons of oilfield wastewater spilled from a broken pipeline in western North Dakota, impacting an unknown amount of land, state regulators said. The North Dakota Department of Environmental quality said Kansas-based Tallgrass Energy reported the produced water spill …... Read more

The explosion that destroyed a house in suburban Dallas on July 19 and heavily damaged the two next door, injuring six people, may not have been an accident, officials said. Previously, fire officials had said that a gas leak in …... Read more

A man was killed July 21 when part of an oil rig he was working on fell on him near Houston, officials said. The incident happened in a remote area of the northeastern part of Harris County, 10 miles northeast …... Read more

Jurors convicted suspended Georgia insurance commissioner Jim Beck on 37 counts of mail fraud, wire fraud and money laundering and tax fraud charges. The jury needed about an hour and 20 minutes to return the guilty verdict, putting an end …... Read more

The Plexus Groupe Deer Park, Illinois-based The Plexus Groupe promoted industry veteran Todd Neaves to the newly created role of resident leader in its Oklahoma City office. Neaves will lead the agency’s team in Oklahoma City with a focus on …... Read more

Chicago-based HUB International Limited (HUB), a global insurance broker and financial services firm, unveiled its newly created Cannabis Benefits Captive, an exclusive employee benefits group captive for cannabis organizations. The captive is designed for cannabis clients and prospects looking for …... Read more

The Actuarial & Underwriting Committee for the Texas Windstorm Insurance Association (TWIA) has recommended that the association’s board vote at its Aug. 3 meeting to file for a 5% rate increase for residential and commercial policies. TWIA is the property …... Read more

Wisconsin Insurance Commissioner Mark Afable has approved an overall 5.44 percent decrease in worker’s compensation insurance rates, effective Oct. 1, 2021. This is the sixth straight year of rate decreases in Wisconsin, according to the insurance commissioner’s office. Afable said …... Read more

Emergency officials issued evacuation or shelter-in-place orders in the morning July 21 for some people in a Houston-area city because of a “chemical incident” at a plant in the area. The shelter-in-place order was lifted later in the day. The …... Read more

With an insured price tag of €4 billion to €5 billion (US$4.7 billion to $5.9 billion), economic losses from Germany’s recent floods are likely to be significantly higher, which highlights a sizable insurance “protection gap.” This protection gap – or …... Read more