Insurance Journal News Feed

Insurance Journal news feed

1. People Moves: Allianz Commercial Names Region Heads of Property, Financial Lines; New Leadership Roles at Resilience

   Allianz Commercial Makes North American Leadership Promotions in Financial Lines and Property Allianz Commercial, headquartered in New York City, made two promotions to its North American leadership in financial lines and property. Nancy Dorvil, head of property Canada, will succeed …

2. Insurtechs’ Approach to Wildfire Insurance: Part II – Kettle

   While the Los Angeles wildfires inch closer toward containment, estimates of insured losses continue to creep higher. CoreLogic said the industry price tag of the Palisades and Eaton fires could land between $35 billion and $45 billion. Moody’s RMS, in …

3. Alliant Employees Blocked From Soliciting Former MMA Clients

   A federal judge in Manhattan overseeing an insurance brokerage poaching case has blocked three Alliant Insurance Services employees from soliciting or contacting any current Marsh & McLennan Agency (MMA) clients or using a spreadsheet of MMA clients that MMA alleges …

4. Growing Concerns About Wildfires in Carolina Thanks to Kindling Left by Helene

   As southern California continues to suffer from wildfires, officials in another part of the country fear their area could be next – thanks to tons of dry wood left over from Hurricane Helene’s wind and flooding. “The number one fire …

5. New York Proposes Plan to Stabilize Broken Taxi Insurance Market

   New York Governor Kathy Hochul proposed measures to stabilize the city’s taxi and rideshare insurance industry, which is reeling from the insolvency of its largest provider American Transit Insurance Co. Two of the bills would make it easier to adjust …