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Today’s Insurance News
Source: Insurance Journal
  • Generali Plans Sale of €20B Italian Life Portfolio, Aiming to Improve Profits: SourcesGenerali Plans Sale of €20B Italian Life Portfolio, Aiming to Improve Profits: Sources
    Assicurazioni Generali SpA is planning to sell a roughly €20 billion ($21 billion) Italian life insurance portfolio as part of a plan to improve profitability, people familiar with the matter said. The Italian insurer, which has been working with an … Read more »
  • Texas Dept. of Insurance Extends COVID Data CallTexas Dept. of Insurance Extends COVID Data Call
    The Texas Department of Insurance, Division of Workers’ Compensation (DWC) announced it has extended its mandatory data call through December 2022 for certain information related to COVID-19 injuries reported to selected insurance carriers on or after December 1, 2019. DWC … Read more »
  • Missouri Elementary School to File Claim After Antisemitic Vandalism Spree
    SPRINGFIELD, Mo. (AP) – Police in Springfield, Missouri, are investigating after a swastika was sprayed on an elementary school during a vandalism spree. The vandalism at York Elementary School, which is under construction, was found on Saturday morning, police spokeswoman … Read more »
  • Mall of America Settles Lawsuit Over Boy Thrown From Balcony
    MINNEAPOLIS (AP) – The Mall of America in suburban Minneapolis said Monday that it will toughen its trespassing policies as part of a settlement with the family of a boy who was severely injured when a man with a history … Read more »
  • South Dakota Social Services Agency Fined $320K
    Rural Office of Community Services Inc., a Wagner, South Dakota-based social services agency, which serves low-income families and individuals across multiple locations in South Dakota, will pay $320,000 in monetary relief to a class of affected employees to voluntarily resolve … Read more »
  • Long, the Longest-Serving NC Insurance Commissioner, Honored at DOI
    The longest serving state insurance commissioner in North Carolina history is being memorialized within his former department. His longtime election foe led the ceremony. The department’s first-floor hearing room in the Albemarle Building in downtown Raleigh will be dedicated on … Read more »
  • Sentry to Open Field Office in El Paso, Texas
    Sentry Insurance announced it has selected El Paso, Texas, as the location of its newest field office. The office is set to open in early 2023 and will provide both personal and commercial lines claims and customer service support. Sentry … Read more »
  • Two Killed in Explosion at Virginia Welding Business
    VIRGINIA BEACH, Va. (AP) — Two people were killed Monday when a storage tank exploded at a Virginia welding business, a fire official said. Firefighters responded to Neptune Welding on Virginia Beach Boulevard just after 11 a.m., news outlets reported. … Read more »
  • Hub Acquires Assets of Invensure Insurance Brokers in California
    Hub International Limited acquired the assets of Invensure Insurance Brokers Inc. in Irvine, California. Robert Parent, CEO, and Charlene Richards, Executive Vice President, and the Invensure team will join Hub Los Angeles/Orange County. Invensure is a privately held insurance and … Read more »
  • Hot Oldies, But Goodies in Collector Car Market for 2023: HagertyHot Oldies, But Goodies in Collector Car Market for 2023: Hagerty
    Classic car buyers in 2023 will want a diverse range of vehicles, including microcars, muscle cars, sport cars, and even exotics, according to specialty insurance provider, Hagerty. Hagerty released its 2023 U.S. Bull Market list, an annual collection of enthusiast … Read more »
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