Insurance Journal delivers the latest business news for the Property/Casualty insurance industry
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CDC Asks States to Make Worker Protective Gear Available to Combat Bird Flu

The U.S. Centers for Disease Control and Prevention (CDC) said on Monday it had met with state health officials and asked them to facilitate distribution of protective gear for farm workers to avoid infection against H5N1 bird flu. The CDC …

Tue May 7, 2024 08:56
The Top 15 U.S. Metros with High Exposure to Wildfire Risk

The number of wildfires per year is going down, but the increasing size and intensity of the fires is creating more property damage than ever before – in fact, the average fire size has tripled over the past 30 years, …

Tue May 7, 2024 08:56
Everton FC Buyer Accused of Fraud, Double-Pledging Assets in Lawsuit

Lenders to 777 Partners have accused it of fraud, claiming that the Miami-based investment firm borrowed against $350 million of assets that it didn’t own, didn’t exist or were already promised to someone else. Josh Wander, co-founder of 777 Partners, …

Tue May 7, 2024 08:56
Fannie/Freddie Rock Insurance World with Guidelines that Bar ACV Coverage for Homes

A new rule from Fannie Mae and Freddie Mac, if it stands, could throw a wrench into the property-casualty insurance industry’s move toward actual cash value for more homeowners and condo coverage. Starting June 1, the government-backed mortgage corporations, which …

Tue May 7, 2024 08:56
Hub Acquires Cargill Agency of Massachusetts

Insurance broker Hub International Limited announced it has acquired the assets of William R. Cargill Insurance Agency, Inc. Terms of the transaction were not disclosed. Based in Topsfield, Massachusetts, Cargill Insurance is a family owned and operated insurance agency providing …

Tue May 7, 2024 08:56
Monsanto Gets $185 Million PCB Verdict Tossed in Washington

Bayer AG’s Monsanto unit persuaded an appeals court in Washington state to throw out a $185 million jury award to three former teachers at a Seattle-area school who blamed exposure to the firm’s toxic chemicals for their brain injuries. A …

Tue May 7, 2024 08:56

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