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Home > News Feeds

News Center


News Archives - Insurance Journal

Conservative Activist Uses Civil War-Era Law to Challenge Corporate Diversity
The anti-affirmative action activist behind the successful U.S. Supreme Court challenge to race-conscious college admissions policies is trying to use a Civil War-era law designed to protect formerly enslaved Black people from racial bias to dismantle American corporate diversity programs. …

POSTED SEPTEMBER 26, 2023 5:37 AM
OpenAI CEO: Possible to Get Regulation Wrong, but Should Not Fear it
The CEO of ChatGPT maker OpenAI said on Monday that it was possible to get regulation wrong but it is important and should not be feared, amid global concerns about rapid advances in artificial intelligence, or AI. Many countries are …

POSTED SEPTEMBER 26, 2023 5:08 AM
NC Commissioner, Firefighters Question New Law Making Fire Marshal a Separate Office
North Carolina’s Republican supermajority in the legislature has thrown a curveball to the state’s insurance commissioner and fire marshal, a position that until recently has mostly stayed above partisan politics. A late change to the state’s $30 billion budget, approved …

POSTED SEPTEMBER 26, 2023 5:01 AM
Arthur J. Gallagher Acquires Hartley Cylke Pacific Insurance Services in California
Arthur J. Gallagher & Co. today acquired San Hartley Cylke Pacific Insurance Services Inc. in San Diego, California. Michael Hartley, John Cylke, James Hawes and their team will remain in their current location under the direction of Scott Firestone, head …

POSTED SEPTEMBER 26, 2023 5:00 AM
Connecticut Eyes 9.8% Cut in Workers’ Compensation Costs
Connecticut workers’ compensation insurers are recommending an overall 9.8% reduction in loss costs in the voluntary market and a 10.5% overall reduction in the assigned risk market. The rate filing submitted to the Connecticut Insurance Department by the insurers’ National …

POSTED SEPTEMBER 26, 2023 5:00 AM
Shimano Crankset Recall After Several Crashes and Injuries
NEW YORK (AP) — Cycling company Shimano is recalling some 760,000 bike cranksets in the U.S. and Canada due to a crash hazard that has resulted in several reported injuries. According to a Thursday notice from the U.S. Consumer Product …

POSTED SEPTEMBER 26, 2023 4:02 AM
Report Examines 10-Year California Workers Comp Payment Trends
Average paid losses on California workers’ compensation lost-time claims fell immediately after legislative reforms of SB 863 took effect a decade ago, but then gradually increased up until the pandemic hit, according to a new study. The California Workers’ Compensation …

POSTED SEPTEMBER 25, 2023 8:32 PM
People Moves: Bates Joins Alliant as VP in Austin, Texas
Bates Joins Alliant as VP in Austin, Texas Nick Bates joined Alliant Insurance Services’ Alliant Americas division as vice president in Austin, Texas. Bates joins Alliant with 20 years of experience, including roles as vice president at both McGriff and …

POSTED SEPTEMBER 25, 2023 4:58 PM
West Virginia Regulator Wants Input on Surplus Lines Export List
The West Virginia Office of Insurance Commissioner is accepting comments on potential changes to the state’s surplus lines export list, through Oct. 16. By state law, the office maintains a list of coverages and classes that may be placed with …

POSTED SEPTEMBER 25, 2023 4:31 PM
VIAA Adds Two Missouri Agencies to Commercial Marketing Pod Program
Valley Insurance Agency Alliance (VIAA), a cohesive family of more than 160 independent insurance agencies in Missouri and Illinois, recently welcomed two alliance agencies to its members-only Commercial Marketing pod program. VIAA offers this exclusive carrier rating platform service to …

POSTED SEPTEMBER 25, 2023 4:29 PM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does The Rockwood Company confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.

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