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At AM Specialty Insurance Co., Nishad Lad, head of data and software development, has been placed at the forefront of transforming the Dallas, Texas-based
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News
Florida Posts New Workers' Comp Rules on Physician Dispensing, Immigration Forms
3+ day, 8+ hour ago (225+ words) Florida Posts New Workers’ Comp Rules on Physician Dispensing, Immigration Forms Insurance Journal The Florida Division of Workers’ Compensation has posted finalized rule changes in keeping with a recent court decision on physician dispensing of medication, along with new rules…...
Jencap Acquires North Dakota's Concorde
3+ day, 21+ hour ago (140+ words) Jencap Group announced that it has acquired Concorde General Agency (Concorde), a regional wholesaler specializing in personal lines, commercial lines, and farm and ranch insurance. Fargo, North Dakota-based Concorde will continue operating under its well-established brand as part of the…...
Private Credit Investors Clash Over £36 Billion BHP Dam Collapse Litigation
4+ day, 6+ hour ago (700+ words) Two litigation funders are backing rival law firms in a fight for control of a £36 billion ($48.8 billion) suit over one of Brazil’s worst environmental disasters. Law firm Pogust Goodhead brought the UK case against BHP Group Ltd and Vale SA…...
People Moves: Eckert Lands With Willis Re as CEO
5+ day, 57+ min ago (331+ words) Willis Re said it has hired Neil Eckert as CEO one day after Conduit Holdings announced Eckert would be leaving as CEO of Conduit Re. Willis Re said Eckert will lead its global broking and advisory strategy to drive growth…...
Intense Los Angeles Heat to Send State's Power Demand Soaring
5+ day, 8+ hour ago (404+ words) California faces a short but sharp rise in temperatures that will boost electricity demand as unusually warm nights offer little relief. Heat advisories will cover much of California’s coast and Central Valley, including the Bay Area and Los Angeles, through…...
People Moves: Church Mutual Names Parisi as VP - Head of Finance and FP&A
5+ day, 21+ hour ago (259+ words) Church Mutual Insurance Company has named Ben Parisi vice president, head of finance operations and financial planning and analysis. Parisi will lead finance operations, expense management, procurement, payroll, financial planning and analysis, and management reporting. He will report to Daniel…...
Canada Loses 41,700 Jobs as Employment Shrinks in Finance
6+ day, 6+ hour ago (678+ words) Employment in Canada fell by 41,700 in August, reversing some of the labor market momentum seen in recent months as the manufacturing sector posted the only significant increase. The jobless rate held steady at 6.4% while job losses were concentrated in Ontario…...
People Moves: Vivace Names Fenig CEO; Murray Joins Alliant's Southern California Benefits Team; DUAL North America Adds Fowler as SVP
6+ day, 8+ hour ago (304+ words) Vivace Insurance Partners Appoints Fenig as CEO Vivace Insurance Partners named Cordell Fenig CEO of Vivace Americas. Fenig was promoted to the position after having served as senior underwriter since the company’s Americas launch in March 2024. Fenig will lead Vivace…...
Lawsuit: TWIA Fraudulently Reduced Claim Estimates From Hurricane Beryl
1+ week, 13+ hour ago (291+ words) Three Texas homeowners filed a federal racketeering lawsuit last week alleging that the Texas Windstorm Insurance Association fraudulently reduced claim estimates for properties damaged by Hurricane Beryl. The lawsuit, filed in the U.S. District Court, Southern District of Texas, alleges TWIA…...
State Farm Must Give Up Trade Secrets in Claims Lawsuits, but Under Court Review
1+ week, 13+ hour ago (393+ words) The Alabama Supreme Court has opened the window a little wider into insurance carriers’ claims-handling procedures, not only requiring them to be made available in some lawsuits but also to be shared with plaintiffs’ lawyers in similar litigation. The high…...